Seller's Agent in 2019
James Smith
NorthGroup Real Estate LLC
(704) 491-2870
19 Total Sales
20200 Norman Colony Rd Unit 17A Cornelius, NC 28031
Estimated Value: $1,334,000 - $2,346,937
0.46
Acre
$3,947,057
Price per Acre
20,038
Sq Ft Lot
Highlights
- Waterfront
- Bailey Middle School Rated A-
- Open Lot
About This Lot
As of January 2019This beautiful future homesite located on gently sloping land, sits directly on Lake Norman. One of only a few raw lots remaining on Lake Norman in Mecklenburg county. The homesite is surrounded by homes in excess of $1M and is serviced by some of the best schools in the area. The lot will also accommodate a pier. This homesite is also only minutes away from entertainment venues, restaurants, and is perfect for the homeowner that wants it all. City water is available currently via a tap and City sewer will be allowed after the city releases a hold with a scheduled release date of Jan 2019 per Mecklenburg county water dept. 704-432-2854. The owners are motivated sellers and are excited to work with potential new owners. The new easements are as follows:
1)The lot has as a buildable area of 24%
2) there is a 25 foot setback from the front easement
3) There is a 20 foot setback from the sides
4) there is a 50 foot setback from the 760 duke power line
Last Agent to Sell the Property
NorthGroup Real Estate LLC License #232733 Listed on: 05/25/2018
Property Details
Property Type
- Land
Lot Details
- Waterfront
- Open Lot
Basement
- Crawl Space
Listing and Financial Details
- Assessor Parcel Number 001-134-17
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 28, 2023
Sold by
Anthony Gais Kevin and Bowman Amy
Bought by
Gais Family Revocable Trust and Gais
Current Estimated Value
Purchase Details
Listed on
May 25, 2018
Closed on
Dec 4, 2018
Sold by
David Vanalston William and David Alstona Alejandro
Bought by
Bowman Gais Kevin Anthony and Bowman Gais Amy
Seller's Agent
James Smith
NorthGroup Real Estate LLC
Buyer's Agent
Amy Gais
RE/MAX Executive
List Price
$565,000
Sold Price
$315,000
Premium/Discount to List
-$250,000
-44.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.27%
Original Mortgage
$238,250
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 31, 2017
Sold by
Vanalston William Van
Bought by
Vanalston William Van and Alston Alejandro David
Purchase Details
Closed on
Aug 22, 2011
Sold by
Isaacs Arnold D and Isaacs Mary S
Bought by
Austin Christina Elaine Isaacs
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 |
|---|---|---|---|
| Gais Family Revocable Trust | -- | None Listed On Document | |
| Bowman Gais Kevin Anthony | $315,000 | None Available | |
| Vanalston William Van | -- | None Available | |
| Austin Christina Elaine Isaacs | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gais Kevin Anthony | $249,796 | |
| Previous Owner | Bowman Gais Kevin Anthony | $238,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2019 01/07/19 | Sold | $315,000 | -44.2% | -- |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 05/25/2018 05/25/18 | For Sale | $565,000 | -- | -- |
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 | $10,677 | $1,645,400 | $770,000 | $875,400 |
| 2022 | $9,069 | $1,063,700 | $490,000 | $573,700 |
| 2021 | $8,963 | $1,063,700 | $490,000 | $573,700 |
| 2020 | $5,953 | $490,000 | $490,000 | $0 |
| 2019 | $4,111 | $490,000 | $490,000 | $0 |
| 2018 | $3,208 | $297,500 | $297,500 | $0 |
| 2017 | $3,185 | $297,500 | $297,500 | $0 |
| 2016 | $3,185 | $297,500 | $297,500 | $0 |
| 2015 | $3,141 | $297,500 | $297,500 | $0 |
| 2014 | $3,141 | $297,500 | $297,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Smith
-
Amy Gais
Buyer's Agent in 2019
Amy Gais
RE/MAX Executives Charlotte, NC
(704) 995-1808
17 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3396034
APN: 001-134-17
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