20126 Rainbow Cir Cornelius, NC 28031
Estimated Value: $484,928 - $604,000
3
Beds
2
Baths
1,030
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Boat or Launch Ramp
- Access To Lake
- Privacy Fence
- Bailey Middle School Rated A-
- 1-Story Property
About This Home
As of January 2025Live at the lake with waterfront views year round or get the perfect vacation home! This updated 3 bed, 2 bath home in the popular Biscayne Park neighborhood features an open floorplan with updated gorgeous kitchen, a spacious living area with plenty of natural light, large bedrooms and primary has an ensuite full bathroom, and a stunning wrap-around porch/deck that gives you those stunning lake views all year long. Enjoy the convenience of storage under the home for bikes, kayaks, and more. The huge flat backyard is perfect for outdoor fun, with a firepit and a shed for extra storage. Walk across the road to the lake access for all your favorite water activities.
Whether you’re seeking a peaceful retreat or a permanent home, this property offers the best of lake living. With no HOA dues, neighborhood boat access, and shopping within walking distance, this home is truly a rare find! A few blocks from shopping, restaurants. Minutes from Birkdale Village and I-77!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: courtney@homewithcourtney.com License #274951 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,290
Year Built
- Built in 1982
Lot Details
- Privacy Fence
- Property is zoned GR
Home Design
- Pillar, Post or Pier Foundation
- Hardboard
Interior Spaces
- 1,030 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Assigned Parking
Outdoor Features
- Access To Lake
- Boat or Launch Ramp
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 001-702-07
Community Details
Overview
- Biscayne Park Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Jan 20, 2025
Sold by
Winters Michael J and Winters Patricia A
Bought by
Murkey Kory
Seller's Agent
Courtney Charzuk
Coldwell Banker Realty
Buyer's Agent
Bob Bunzey
ERA Live Moore
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Total Days on Market
3
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,482
Avg. Annual Appreciation
7.01%
Original Mortgage
$416,000
Outstanding Balance
$415,277
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$117,205
Purchase Details
Closed on
Oct 14, 2016
Sold by
Murden James W and Murden Lynette
Bought by
Winters Michael J and Winters Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 1995
Sold by
Murden Iii James W and Howard Kelly M
Bought by
Murden James W
Similar Homes in Cornelius, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murkey Kory | $520,000 | Morehead Title | |
| Winters Michael J | $235,000 | None Available | |
| Murden James W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murkey Kory | $416,000 | |
| Previous Owner | Winters Michael J | $185,000 | |
| Previous Owner | Murden James W | $72,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $520,000 | -1.0% | $505 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $525,000 | 0.0% | $510 / Sq Ft |
| 04/20/2013 04/20/13 | Rented | $900 | 0.0% | -- |
| 04/20/2013 04/20/13 | For Rent | $900 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,290 | $341,500 | $200,000 | $141,500 |
| 2022 | $2,008 | $231,900 | $130,000 | $101,900 |
| 2021 | $1,985 | $231,900 | $130,000 | $101,900 |
| 2020 | $1,985 | $231,900 | $130,000 | $101,900 |
| 2019 | $1,979 | $231,900 | $130,000 | $101,900 |
| 2018 | $1,518 | $133,300 | $60,000 | $73,300 |
| 2017 | $1,451 | $133,300 | $60,000 | $73,300 |
| 2016 | $1,448 | $133,300 | $60,000 | $73,300 |
| 2015 | $1,424 | $133,300 | $60,000 | $73,300 |
| 2014 | $1,422 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Courtney Charzuk
Seller's Agent in 2025
Courtney Charzuk
Coldwell Banker Realty
(704) 564-9751
115 Total Sales
-
Bob Bunzey
Buyer's Agent in 2025
Bob Bunzey
ERA Live Moore
(704) 907-4131
84 Total Sales
-
Roby Robertson
Seller's Agent in 2013
Roby Robertson
Carolina Living Real Estate
(704) 451-7051
40 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4200946
APN: 001-702-07
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