NOT LISTED FOR SALE

20124 Norman Colony Rd Cornelius, NC 28031

Estimated Value: $706,000 - $887,000

3 Beds
2.5 Baths
2,154 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $350,000 $162 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,611/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fireplace
  • Bailey Middle School Rated A-

About This Home

As of October 2017

Sunrise Views of Lake Norman from back yard, breakfast, bedroom, & deck.Large .63 Acre lot with NO HOA fees. Highly Sought-after section of Cornelius. Low maintenance vinyl siding exterior, 2 car garage, Open floor plan, Hardwood floors throughout main level,neutral colors.Fully fenced in yard, with 2 sections. The master suite is HUGE with separate sitting area and XL walk-in closet -Opens into spacious bathroom.Boat slips available at Holiday Marina, just 2 min. drive away.

Last Agent to Sell the Property

Sandy McAlpine

RE/MAX Results License #79514 Listed on: 08/19/2017

Last Buyer's Agent

Richard Wilson

Southern Homes of the Carolinas, Inc License #230549

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.63

Parking

  • 2

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 001-134-29

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01449
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 547730.83
  • Ratio Current Price By Sq Ft: 162.49
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1104
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Ice Maker Connection
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1050
  • Total Sq Ft: 2154

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: .639
  • Lot Features: Water view, Year Round View
  • Lot Size Area: 0.639
  • Parcel Number: 001-134-29
  • Zoning: SFR
  • Zoning Specification: GR

Tax Info

  • Tax Value: 310900.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2017
Closed on
Oct 23, 2017
Sold by
Miller Richard N and Miller Catherine L
Bought by
Welte Gregory Joseph
Seller's Agent
Sandy McAlpine
RE/MAX Results
Buyer's Agent
Richard Wilson
Southern Homes of the Carolinas, Inc
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$770,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,124
Avg. Annual Appreciation
10.57%
Original Mortgage
$339,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2017
Sold by
Miller Richard N and Miller Catherine L
Bought by
Miller Richard N and Miller Catherine L

Purchase Details

Closed on
Jul 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Miller Richard N and Miller Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2011
Sold by
Uribe Helena Bermudez and Burgos Guillermo
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 25, 2007
Sold by
Holmes Michael E and Holmes Deborah A
Bought by
Burgos Jose Guillermo and Uribe Helena Bermudez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Welte Gregory Joseph $350,000 None Available
Miller Richard N -- None Available
Miller Richard N -- None Available
Federal National Mortgage Association $301,908 None Available
Burgos Jose Guillermo $333,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welte Gregory Joseph $101,725
Open Welte Gregory Joseph $333,400
Closed Welte Gregory Joseph $339,650
Closed Welte Gregory Joseph $339,500
Previous Owner Miller Richard N $230,850
Previous Owner Burgos Jose Guillermo $266,400
Previous Owner Holmes Michael E $252,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $350,000 0.0% $162 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $350,000 -- $162 / 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 $4,279 $578,000 $245,900 $332,100
2022 $2,934 $341,000 $140,000 $201,000
2021 $2,900 $341,000 $140,000 $201,000
2020 $2,900 $332,200 $140,000 $192,200
2019 $2,820 $332,200 $140,000 $192,200
2018 $3,380 $310,900 $150,000 $160,900
2017 $3,353 $310,900 $150,000 $160,900
2016 $3,349 $310,900 $150,000 $160,900
2015 $3,299 $310,900 $150,000 $160,900
2014 $3,297 $310,900 $150,000 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3311663

Canopy MLS (Canopy Realtor® Association)

APN: 001-134-29