NOT LISTED FOR SALE

20119 Schooner Dr Cornelius, NC 28031

Cornelius Area

Estimated Value: $680,000 - $1,596,000

3 Beds
1 Bath
1,245 Sq Ft
$1,034/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $145,000 $116 Per Sq Ft

Est. 788% increase in value since last sale

Current estimated payment $7,779 / mo

7 Days on Market

Highlights

  • Shed
  • 1-Story Property
  • Carpet
  • Bailey Middle School Rated A-

About This Home

As of August 2018

Perfect property to build a custom home right next to Torrence Chapel Park, Half a mile to Lake Norman, 2.5 miles to the local Lake Norman boat access, and less than a mile local shopping, restaurants, etc. Current brick home is in need of major repair, complete renovation or tear down. Being sold AS-IS. Value of this property is for the land, no representations to the home's value, safety, or mechanical condition.

Last Agent to Sell the Property

Chelsea Ray

Chelsea Real Estate LLC License #294506 Listed on: 08/17/2018

Last Buyer's Agent

Michelle Ivester-Rhyne

Premier Sotheby's International Realty License #274051

Premier Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.75

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 001-401-43

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.75 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.80556
  • Ratio Close Price By Original Li: 0.80556
  • Ratio Current Price By Acre: 193333.33
  • Ratio Current Price By Sq Ft: 116.47
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1245
  • Total Sq Ft: 1245

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 001-401-43
  • Zoning Specification: GR

Tax Info

  • Tax Value: 160100.00
  • Tax Location: Mecklenburg

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2020
Sold by
Passarelli Custom Homes Llc
Bought by
Current Estimated Value
$1,287,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$435,418
Interest Rate
3.74%
Mortgage Type
Construction
Estimated Equity
$852,351

Purchase Details

Closed on
May 22, 2019
Sold by
Passarelli Custom Homes Llc
Bought by
Adkins James R and Adkins Carol Ann

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 31, 2018
Sold by
Lemon Sonia and Lemon Sampson
Bought by
Passarelli Custom Homes Llc
Seller's Agent
Chelsea Ray
Chelsea Real Estate LLC
Buyer's Agent
Michelle Ivester-Rhyne
Premier Sotheby's International Realty
List Price
$180,000
Sold Price
$145,000
Premium/Discount to List
-$35,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.34%

Purchase Details

Closed on
May 19, 1971
Bought by
Work Thomas and Work Rosena
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cornelius, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$744,000 None Available
Adkins James R -- None Available
Passarelli Custom Homes Llc -- None Available
Passarelli Custom Homes Llc $145,000 None Available
Work Thomas -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $145,000 -19.4% $116 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $180,000 -- $145 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,496 $1,287,200 $223,100 $1,064,100
2024 $8,496 $1,287,200 $223,100 $1,064,100
2023 $8,362 $1,287,200 $223,100 $1,064,100
2022 $6,497 $760,700 $90,300 $670,400
2021 $4,212 $502,100 $90,300 $411,800
2020 $758 $90,300 $90,300 $0
2019 $758 $90,300 $90,300 $0
2018 $1,754 $160,100 $88,000 $72,100
2017 $1,738 $160,100 $88,000 $72,100
2016 $1,735 $160,100 $88,000 $72,100
2015 $1,707 $160,100 $88,000 $72,100
2014 $1,705 $160,100 $88,000 $72,100
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: CAR3425523

Canopy MLS

APN: 001-401-43

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