NOT LISTED FOR SALE

17811 Largo Place Cornelius, NC 28031

Estimated Value: $4,880,000 - $6,637,000

0.82 Acre
$6,863,767 Price per Acre
35,719 Sq Ft Lot

Last Sold February 06, 2017

Last sale price $871,500 $223 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $30,407/month

25 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Many Trees
  • Bailey Middle School Rated A-
  • Community Lake
  • Level Lot

About This Lot

As of February 2017

160 Ft. gorgeous waterfront views of Lake Norman! Flat lot on Largo Place at the END of Nantz Road. No HOA dues. There is currently a home on the property, and home is being sold "as is" (teardown). Please use caution if showing home. Currently home has a septic tank and well, but water and sewer hookup is available.

Last Agent to Sell the Property

Jan Cameron

Howard Hanna Allen Tate Lake Norman License #255034 Listed on: 11/15/2016

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Renee Hornor

Premier South License #287861

Premier South

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot
  • Many Trees

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 001-053-16

Community Details

Overview

  • Community Lake

Recreation

  • Floating Dock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89385
  • Ratio Close Price By Original Li: 0.89385
  • Ratio Current Price By Acre: 1062804.88
  • Habitable Residence Yn: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab

Exterior Features

  • Exterior Features: Boat Slip, Floating Dock, Pier
  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: J V Washam
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: 61x360x161x402
  • Lot Features: Waterfront, Water view, Level, Lake, Trees, Year Round View
  • Lot Size Area: 0.820
  • Parcel Number: 001-053-16
  • Zoning: Residential
  • Zoning Specification: GR

Tax Info

  • Tax Value: 598300.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Largo Enterprises Llc
Bought by
Jeffrey B Shealy Revocable Trust
Current Estimated Value
$5,628,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,707,250
Outstanding Balance
$2,596,740
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$3,031,549

Purchase Details

Closed on
Apr 21, 2021
Sold by
Shealy Jeffrey B
Bought by
Largo Enterprises Llc

Purchase Details

Closed on
Jan 14, 2021
Sold by
Kothadia Mansukhalal and Kothadia Vilas
Bought by
Shealy Jeffrey B

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 6, 2017
Sold by
Wilber Stephen Charles and Wilber Cycynthia L R
Bought by
Kothadalia Mansukhlal and Kothadia Vilas
Seller's Agent
Jan Cameron
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Renee Hornor
Premier South
List Price
$975,000
Sold Price
$871,500
Premium/Discount to List
-$103,500
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Nov 29, 1971
Bought by
Wilber Stephen C and Wilber Clara S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jeffrey B Shealy Revocable Trust -- --
Largo Enterprises Llc -- None Available
Shealy Jeffrey B $1,500,000 None Available
Kothadalia Mansukhlal $871,500 None Available
Wilber Stephen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey B Shealy Revocable Trust $2,707,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2017 02/06/17 Sold $871,500 -10.6% $223 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $975,000 -- $249 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $3,581,150 $1,325,000 $2,256,150
2024 -- $3,581,150 $1,325,000 $2,256,150
2023 $6,803 $2,950,250 $1,325,000 $1,625,250
2022 $6,803 $811,000 $637,500 $173,500
2021 $6,955 $824,400 $637,500 $186,900
2020 $6,955 $824,400 $637,500 $186,900
2019 $6,949 $824,400 $637,500 $186,900
2018 $6,478 $598,300 $350,000 $248,300
2017 $6,430 $598,300 $350,000 $248,300
2016 $6,427 $598,300 $350,000 $248,300
2015 $6,333 $598,300 $350,000 $248,300
2014 $6,331 $598,300 $350,000 $248,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3230807

Canopy MLS (Canopy Realtor® Association)

APN: 001-053-16