NOT LISTED FOR SALE

19633 Ferry St Cornelius, NC 28031

Estimated Value: $219,875 - $679,000

0.44 Acre
$794,816 Price per Acre
19,166 Sq Ft Lot

Last Sold June 13, 2022

Last sale price $240,000

Est. 30% increase in value since last sale

Current estimated payment $1,707/month

11 Days on Market

About This Lot

As of June 2022

Attention!!! Calling all Investors, Builders, and Savy Home Buyer's. Cleared, Subdivided and build ready parcel with utilities available for sale. The Town of Cornelius has confirmed parcel is subdivided and supports Two Duplexes. Enjoy investment savvy living while your tenant/s pays your mortgage or phenomenal ROI as you quadruple yield with 4 Doors. In addition, enjoy walkability to park, dining and shopping, Quick access to I-77 and Lake Norman and everything else the beautiful Town of Cornelius has to offer.

Last Agent to Sell the Property

Hassan Lamot

Coldwell Banker Realty License #298570 Listed on: 03/12/2022

Coldwell Banker Realty

Last Buyer's Agent

Brad Walser

Carolina Land and Home, LLC License #234698

Property Details

Property Type

  • Land

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Lot Details

  • Lot Dimensions are 80x240
  • Possible uses of the property include Multi-Family, Residential
  • Zoning described as NR

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Community Details

  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 005-181-29

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 545454.55
  • Restrictions: No Representation
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fixture Exception Yn: 0
  • Possible Use: Multi-Family, Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 005-181-29
  • Out Buildings Yn: 0
  • Can Be Subdivided: 1
  • Cleared Acres: 0.44
  • Lot Size: 80X240
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 6.85714

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Jun 9, 2022
Sold by
Magnolia Lakes Partners Llc
Bought by
Helmsman Homes Llc
Seller's Agent
Hassan Lamot
Coldwell Banker Realty
Buyer's Agent
Brad Walser
Carolina Land and Home, LLC
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$312,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,869
Avg. Annual Appreciation
10.56%
Original Mortgage
$910,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 19, 2022
Sold by
Mae Dubose and Mae Willie
Bought by
Coley Kinsley
Seller's Agent
Hassan Lamot
Coldwell Banker Realty
Buyer's Agent
Brad Walser
Carolina Land and Home, LLC
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 12, 2022
Closed on
Apr 28, 2022
Sold by
Kinsley Coley
Bought by
Magnolia Lake Partners Llc
Seller's Agent
Hassan Lamot
Coldwell Banker Realty
Buyer's Agent
Brad Walser
Carolina Land and Home, LLC
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 16, 2006
Sold by
Dubose Willie Mae and Coley Clara Williams
Bought by
Coley Kinsley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Helmsman Homes Llc $360,000 Farlow Todd J
Coley Kinsley -- None Listed On Document
Magnolia Lake Partners Llc $480 Hoard Law Pc
Coley Kinsley $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Helmsman Homes Llc $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $240,000 0.0% --
03/23/2022 03/23/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $240,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $948 $144,500 $144,500 --
2024 $948 $144,500 $144,500 --
2023 $948 $144,500 $144,500 --
2022 $297 $35,000 $35,000 $0
2021 $294 $35,000 $35,000 $0
2020 $294 $35,000 $35,000 $0
2019 $294 $35,000 $35,000 $0
2018 $146 $13,500 $13,500 $0
2017 $145 $13,500 $13,500 $0
2016 -- $13,500 $13,500 $0
2015 $143 $13,500 $13,500 $0
2014 $143 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3838275

Canopy MLS (Canopy Realtor® Association)

APN: 005-181-29

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