NOT LISTED FOR SALE

20101 Knox Rd Cornelius, NC 28031

Estimated Value: $1,417,000 - $2,044,000

2 Acres
$892,236 Price per Acre
87,120 Sq Ft Lot

Last Sold February 16, 2023

Last sale price $1,175,000 $365 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,795/month

74 Days on Market

Highlights

  • 2 Acre Lot
  • Private Lot
  • No HOA
  • Bailey Middle School Rated A-
  • Wooded Lot
  • Fenced

About This Lot

As of February 2023

Beautiful 2-acre property zoned commercial in Cornelius right Off Knox Rd. Large private lot with a 3200 Sf House that was used as a day care for over 20 Years. Fenced in Yard. Value is in the property not the house.
Could possibly be Re-zoned Multi family or residential. Water & Sewer at the street.
Call for more info

Last Agent to Sell the Property

Ken Ledbetter

Lake Realty License #300810 Listed on: 11/09/2022

Last Buyer's Agent

Ken Ledbetter

Lake Realty License #300810 Listed on: 11/09/2022

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Fenced
  • Private Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Commercial, Multi-Family, Private Estate, Recreational, Residential, Subdevelopment
  • Property is zoned NMX

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001-177-54

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Must be Re-zoned for Residential or Multi Family
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Private Estate, Recreational, Residential, Subdevelopment

Exterior Features

  • Fencing: Fenced
  • Other Structures: Other - See Remarks

Garage/Parking

  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 001-177-54
  • Lot Size Acres: 2
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NMX

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Mar 20, 2023
Sold by
Darby Allen and Darby Jo Ann
Bought by
Darby Allen and Darby Jo Ann
Seller's Agent
Ken Ledbetter
Lake Realty
Buyer's Agent
Ken Ledbetter
Lake Realty
List Price
$1,390,000
Sold Price
$1,175,000
Premium/Discount to List
-$215,000
-15.47%
Views
16
Current Estimated Value
$1,784,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,471
Avg. Annual Appreciation
15.67%

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 7, 2023
Sold by
Masters Bret B
Bought by
Darby Allen
Seller's Agent
Ken Ledbetter
Lake Realty
Buyer's Agent
Ken Ledbetter
Lake Realty
List Price
$1,390,000
Sold Price
$1,175,000
Premium/Discount to List
-$215,000
-15.47%
Views
16

Purchase Details

Closed on
Aug 29, 2003
Sold by
Drag Mark W and Drag Christina
Bought by
Masters Bret B and Masters Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.75%
Mortgage Type
Unknown
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
Darby Allen -- None Listed On Document
Darby Allen $1,175,000 --
Masters Bret B $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masters Bret B $274,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2023 02/16/23 Sold $1,175,000 -15.5% $365 / Sq Ft
11/09/2022 11/09/22 For Sale $1,390,000 -- $432 / 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 $5,674 $1,317,500 $391,400 $926,100
2024 $5,674 $864,600 $864,600 --
2023 $5,674 $1,297,300 $864,600 $432,700
2022 $8,357 $984,500 $775,700 $208,800
2021 $8,259 $984,500 $775,700 $208,800
2020 $8,259 $984,500 $775,700 $208,800
2019 $8,259 $984,500 $775,700 $208,800
2018 $3,086 $286,200 $149,400 $136,800
2017 $3,064 $286,200 $149,400 $136,800
2016 $3,064 $286,200 $149,400 $136,800
2015 $3,021 $286,200 $149,400 $136,800
2014 $3,021 $286,200 $149,400 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3920502

Canopy MLS (Canopy Realtor® Association)

APN: 001-177-54