Seller's Agent in 2024
Ben Bowen
Premier Sotheby's International Realty
(704) 572-6070
21 in this area
172 Total Sales
20218 Rainbow Cir Cornelius, NC 28031
Estimated Value: $3,282,163 - $3,761,000
7
Beds
6
Baths
7,895
Sq Ft
$456/Sq Ft
Est. Value
Highlights
- Sauna
- Open Floorplan
- Mud Room
- Bailey Middle School Rated A-
- Marble Flooring
- Wine Refrigerator
About This Home
As of June 2024Indulge in modern luxury in this newly built LKN masterpiece. As you enter through the striking steel front door, you are greeted by a seamless open concept adorned w/exquisite finishes. French white oak floors to the meticulously curated details, every element of this home exudes timeless elegance & craftsmanship. Featured on main level is the owners suite & ensuite, fitness room w/sauna, office/flex space, full bath & a bonus room w/ swinging barstools! Upper level boasts 5 additional bedrooms and 2nd bonus room all w/sleek design & functional layout. Discover the convenience of not one, but two laundry rooms, & indulge in culinary delights w/the added bonus of a scullery, all high end appliances & oversized full quartzite island. Screened porch w/fireplace overlooks the fenced backyard, including a separate fenced dog run with artificial turf. This residence is a statement of contemporary elegance, reflecting a commitment to luxury living in one of LKN's most sought-after locations.
Last Agent to Sell the Property
Premier Sotheby's International Realty Brokerage Email: ben.bowen@premiersir.com License #225345 Listed on: 12/01/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- Privacy Fence
- Back Yard Fenced
- Property is zoned GR
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Brick Exterior Construction
- Wood Siding
- Hardboard
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Sound System
- Built-In Features
- Bar Fridge
- Pocket Doors
- Mud Room
- Living Room with Fireplace
- Screened Porch
- Sauna
- Crawl Space
Kitchen
- Breakfast Bar
- Double Oven
- Gas Range
- Freezer
- Plumbed For Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- Walk-In Closet
- 6 Full Bathrooms
- Garden Bath
Laundry
- Laundry Room
- Laundry on upper level
- Laundry Chute
Utilities
- Forced Air Heating and Cooling System
Community Details
- Biscayne Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 001-702-04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Jun 7, 2024
Sold by
Monteith Howard W and Monteith Amber L
Bought by
Levine Benjamin Aaron and Broesder Madison
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Cristina Grossu
Leisurely Real Estate
List Price
$3,850,000
Sold Price
$3,637,500
Premium/Discount to List
-$212,500
-5.52%
Views
120
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
-$38,779
Avg. Annual Appreciation
-0.69%
Original Mortgage
$2,513,000
Outstanding Balance
$2,498,723
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,099,998
Purchase Details
Closed on
Feb 21, 2020
Sold by
Stack Ricky E and Stack Michele Lenhart
Bought by
Monteith Howard W and Monteith Amber L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 20, 1995
Sold by
Neville Jr Johnny L and Phyllis Saxon F
Bought by
Stack Ricky E
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 |
|---|---|---|---|
| Levine Benjamin Aaron | $3,637,500 | Lm Title Agency Llc | |
| Monteith Howard W | $200,000 | None Available | |
| Stack Ricky E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levine Benjamin Aaron | $2,513,000 | |
| Previous Owner | Monteith Howard W | $141,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $3,637,500 | -1.7% | $461 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $3,700,000 | -3.9% | $469 / Sq Ft |
| 03/01/2024 03/01/24 | Price Changed | $3,850,000 | 0.0% | $488 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $3,850,000 | +5.8% | $488 / Sq Ft |
| 02/09/2024 02/09/24 | Off Market | $3,637,500 | -- | -- |
| 12/01/2023 12/01/23 | For Sale | $4,200,000 | -- | $532 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $15,685 | $2,382,690 | $250,000 | $2,132,690 |
| 2024 | $15,685 | $2,382,690 | $250,000 | $2,132,690 |
| 2023 | $15,441 | $2,382,690 | $250,000 | $2,132,690 |
| 2022 | $8,488 | $999,900 | $130,000 | $869,900 |
| 2021 | $1,091 | $130,000 | $130,000 | $0 |
| 2020 | $778 | $130,000 | $130,000 | $0 |
| 2019 | $1,091 | $130,000 | $130,000 | $0 |
| 2018 | $647 | $60,000 | $60,000 | $0 |
| 2017 | $642 | $60,000 | $60,000 | $0 |
| 2016 | $642 | $60,000 | $60,000 | $0 |
| 2015 | $633 | $60,000 | $60,000 | $0 |
| 2014 | $633 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Bowen
-
Cristina Grossu
Buyer's Agent in 2024
Cristina Grossu
Leisurely Real Estate
(808) 341-4995
7 in this area
161 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4082378
APN: 001-702-04
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