NOT LISTED FOR SALE

20041 Norman Colony Rd Cornelius, NC 28031

Estimated Value: $554,000 - $704,000

4 Beds
3.5 Baths
2,148 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $480,000 $223 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,764/month

6 Days on Market

Highlights

  • Walk-In Closet
  • Laundry Room
  • Kitchen Island
  • Bailey Middle School Rated A-
  • Tile Flooring
  • Central Heating

About This Home

As of March 2022

Welcome to this charming 4 bedroom, 3.5 bathroom single-family home in Cornelius! This home is sure to attract with its beautiful curb appeal and landscaping. Inside you will find an inviting living room that features a fireplace. Enjoy cooking in this kitchen with sleek appliances, ample cabinetry, and an island with a breakfast bar where you can serve delicious appetizers and drinks to your guests! Open the door to the fenced backyard perfect for enjoying private gatherings in the evening breeze. The primary bedroom features a walk-in closet and boasts an en suite bathroom. This home has easy access to W. Catawba Ave and Bill Lee Fwy. Do not miss the chance to call it yours!

Last Agent to Sell the Property

Margaret Kerlin

Coldwell Banker Realty License #317069 Listed on: 01/26/2022

Coldwell Banker Realty

Last Buyer's Agent

Kristin Pisani

Coldwell Banker Realty License #313071

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Zoning described as GR

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Csi Community Management Association, Phone Number (704) 892-1660
  • Mckenzie Place Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-135-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1998

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Ratio Current Price By Acre: 2400000.00
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1492
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 656
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Range, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 2148

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 121
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: CSI Community Management
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 001-135-05
  • Lot Size: See Mecklenburg GIS
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.54528

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
Jan 26, 2022
Closed on
Feb 25, 2022
Sold by
Zillow Homes Property Trust
Bought by
Hibbard Lindsey
Seller's Agent
Margaret Kerlin
Coldwell Banker Realty
Buyer's Agent
Kristin Pisani
Coldwell Banker Realty
List Price
$482,900
Sold Price
$480,000
Premium/Discount to List
-$2,900
-0.6%
Current Estimated Value
$614,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,243
Avg. Annual Appreciation
7.84%
Original Mortgage
$255,000
Outstanding Balance
$239,814
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$379,620

Purchase Details

Closed on
Nov 12, 2021
Sold by
Walker Kent Eugene and Walker Antoinette Love
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Jul 8, 2010
Sold by
Walker Kent Eugene
Bought by
Adl Holdings Llc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Bank Of America Na
Bought by
Walker Kent Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,550
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Smith Larry
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 31, 2000
Sold by
Strong Kenneth
Bought by
Smith Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 24, 1999
Sold by
Mckenzie Place Llc
Bought by
First Charter National Bank
Source: Public Records

Range of Values:

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Average Value
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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
Hibbard Lindsey $480,000 Investors Title
Zillow Homes Property Trust $516,500 Barristers Ttl Svcs Of Carol
Adl Holdings Llc $3,610 None Available
Walker Kent Eugene $183,000 --
Bank Of America Na $268,200 --
Smith Larry $301,000 --
Strong Kenneth $217,000 --
First Charter National Bank $234,788 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbard Lindsey $255,000
Previous Owner Walker Kent E $238,500
Previous Owner Walker Kent Eugene $182,550
Previous Owner Smith Larry $50,000
Previous Owner Smith Larry $244,662
Closed Smith Larry $57,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $480,000 -0.6% $223 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $482,900 -- $225 / 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
2023 $3,013 $459,400 $95,000 $364,400
2022 $2,692 $312,500 $80,000 $232,500
2021 $2,661 $312,500 $80,000 $232,500
2020 $2,661 $312,500 $80,000 $232,500
2019 $2,655 $312,500 $80,000 $232,500
2018 $2,324 $213,000 $40,000 $173,000
2017 $2,305 $213,000 $40,000 $173,000
2016 $2,301 $213,000 $40,000 $173,000
2015 $2,266 $213,000 $40,000 $173,000
2014 $2,264 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3822498

Canopy MLS (Canopy Realtor® Association)

APN: 001-135-05