NOT LISTED FOR SALE

20312 Norman Colony Rd Cornelius, NC 28031

Estimated Value: $1,102,000 - $2,157,387

3 Beds
2.5 Baths
3,284 Sq Ft
$469/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $575,000 $175 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $9,054/month

207 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Wood Burning Fireplace
  • Bailey Middle School Rated A-

About This Home

As of March 2019

NEW PRICE ON THE WATER!!!! Great waterfront home with pier and boat dock. Enter home into great room with hardwood flooring on main, relax and enjoy the wood burning fireplace surrounded by built-in cabinets. The kitchen features medium stained cabinets with built-in microwave, flat top range/oven and dishwasher. The dining area overlooks the back yard and lake. The master bedroom has hardwood flooring, ceiling fan and private bath with shower. The secondary bedrooms are spacious and have ceiling fans. The basement has large recreation room with wood like tile flooring, and wood burning fireplace. A separate laundry-utility room. It also has a half bath with large sink that could be used as darkroom. Views, views and more views from the upper story covered deck or the lower covered patio. Outside is large yard with lake views. Park your boat at the pier with a 6000 lb boat lift and touch less cover

Last Agent to Sell the Property

Brock Zevan

Real Broker, LLC License #256028 Listed on: 05/04/2018

Real Broker, LLC

Last Buyer's Agent

Lori Kindle

Lake Norman Realty, Inc. License #285352

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.48

Home Design

  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace

Flooring

  • Wood
  • Concrete
  • Tile

Additional Features

  • Waterfront
  • Well

Listing and Financial Details

  • Assessor Parcel Number 001-134-15

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95849
  • Ratio Close Price By Original Li: 0.88598
  • Ratio Current Price By Acre: 1197916.67
  • Ratio Current Price By Sq Ft: 175.09
  • Year Built: 1972
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Great Room, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Laundry Location: Basement, Utility Room
  • Room Count: 2
  • Sq Ft Basement: 1642
  • Main Level Sq Ft: 1642
  • Total Sq Ft: 3284

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 93x200x109x223
  • Lot Features: Water view, Waterfront
  • Lot Size Area: 0.480
  • Parcel Number: 001-134-15
  • Plat Reference Section Pages: 787
  • Zoning Specification: GR

Tax Info

  • Tax Value: 741000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Gendron Virginia M
Bought by
Bubolo Kim and Bubolo Michael
Current Estimated Value
$1,538,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$357,919
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$802,872

Purchase Details

Listed on
May 4, 2018
Closed on
Mar 8, 2019
Sold by
Celestia Seattlergood David William and Celestia Seattergood Sandra
Bought by
Gendron Virginia M
Seller's Agent
Brock Zevan
Real Broker, LLC
Buyer's Agent
Lori Kindle
Lake Norman Realty, Inc.
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 16, 2014
Sold by
Scattergood Elisabeth F
Bought by
Scattergood David William and Scattergood Sandra Celestia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 1972
Bought by
Scattergood Scattergood R and Scattergood Elisabeth F
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
Bubolo Kim -- None Available
Gendron Virginia M $575,000 Investors Title Company
Scattergood David William $540,000 None Available
Scattergood Scattergood R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gendron Virginia M $400,000
Previous Owner Gendron Virginia M $250,000
Previous Owner Gendron Virginia M $215,000
Previous Owner Scattergood David William $399,943
Previous Owner Scattergood David William $400,000
Previous Owner Scattergood Elisabeth F $110,000
Previous Owner Scattergood R D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $575,000 -4.2% $175 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/16/2018 11/16/18 Price Changed $599,900 -1.5% $183 / Sq Ft
10/27/2018 10/27/18 Price Changed $609,000 -1.0% $185 / Sq Ft
10/01/2018 10/01/18 For Sale $615,000 +7.0% $187 / Sq Ft
09/28/2018 09/28/18 Off Market $575,000 -- --
09/28/2018 09/28/18 Price Changed $615,000 -1.6% $187 / Sq Ft
09/20/2018 09/20/18 For Sale $625,000 0.0% $190 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $625,000 -3.1% $190 / Sq Ft
06/06/2018 06/06/18 Price Changed $645,000 -0.8% $196 / Sq Ft
05/07/2018 05/07/18 Price Changed $650,000 +0.2% $198 / Sq Ft
05/04/2018 05/04/18 For Sale $649,000 -- $198 / 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
2024 $6,659 $1,007,300 $880,000 $127,300
2023 $6,554 $1,007,300 $880,000 $127,300
2022 $6,330 $741,000 $560,000 $181,000
2021 $6,256 $741,000 $560,000 $181,000
2020 $6,256 $741,000 $560,000 $181,000
2019 $6,250 $741,000 $560,000 $181,000
2018 $5,851 $540,100 $420,000 $120,100
2017 $5,807 $540,100 $420,000 $120,100
2016 $5,803 $540,100 $420,000 $120,100
2015 $5,719 $540,100 $420,000 $120,100
2014 $5,717 $540,100 $420,000 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3388093

Canopy MLS (Canopy Realtor® Association)

APN: 001-134-15