NOT LISTED FOR SALE

20505 Island Forest Dr Cornelius, NC 28031

Estimated Value: $1,710,000 - $2,763,000

3 Beds
2.5 Baths
2,300 Sq Ft
$945/Sq Ft Est. Value

Highlights

  • Floating Dock
  • Lawn
  • Shed
  • Bailey Middle School Rated A-
  • Fireplace

About This Home

As of August 2012

2-story home on Lake Norman has Great Room with fireplace, open Kitchen with island, Formal Dining, Office and hardwoods. Second floor features 3 Bedrooms including Master Suite with water views. Enjoy the Fenced Yard, Pier, Sunroom, Deck and all that lake living has to offer. No Smoking and 2 Pets under 35-lbs negotiable. Lawn maintenance is included and property is AVAILABLE NOW!

Last Agent to Rent the Property

Rod Hager

Invitation Homes License #93653 Listed on: 06/04/2012

Last Renter's Agent

Vickie Payne

Southern Homes of the Carolinas, Inc License #251812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,791

Year Built

  • Built in 1976

Lot Details

  • Lawn

Interior Spaces

  • Fireplace

Outdoor Features

  • Floating Dock
  • Shed

Listing and Financial Details

  • Security Deposit $2,600
  • Tenant pays for all utilities
  • Available 6/5/12
  • Assessor Parcel Number 001-114-29

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,791

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 Year
  • Available Date: 06/05/2012
  • Pet Deposit: 250
  • Deposit Security: 2600
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: House
  • Property Sub Type Secondary: 2 Story
  • Ratio Close Price By List Price: 0.84615
  • Ratio Close Price By Original Li: 0.84615
  • Ratio Current Price By Acre: 7857.14
  • Ratio Current Price By Sq Ft: 0.96
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Included, Electric Oven
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Total Sq Ft: 2300

Exterior Features

  • Exterior Features: Fenced Yard, Floating Dock, Lawn Maintenance, Pier, Shed(s), Waterfront

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Gas Hot Air Furnace

Schools

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

Lot Info

  • Lot Size Area: 0.280
  • Lot Size Units: Acres
  • Parcel Number: 001-114-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2015
Sold by
Hollar Ricky S and Hollar Dawn F
Bought by
Keehnle Peter J and Keehnle Tracy L
Current Estimated Value
$2,173,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$348,150
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,825,050

Purchase Details

Closed on
Mar 21, 1975
Bought by
Hollar Ricky S and Hollar Dawn 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
Keehnle Peter J $590,000 None Available
Hollar Ricky S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keehnle Peter J $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Rented $2,200 -15.4% --
07/16/2012 07/16/12 Under Contract -- -- --
06/04/2012 06/04/12 For Rent $2,600 -- --
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
2025 $9,791 $1,484,500 $950,000 $534,500
2024 $9,791 $1,484,500 $950,000 $534,500
2023 $9,637 $1,484,500 $950,000 $534,500
2022 $6,697 $784,300 $400,000 $384,300
2021 $6,619 $784,300 $400,000 $384,300
2020 $6,619 $784,300 $400,000 $384,300
2019 $6,613 $784,300 $400,000 $384,300
2018 $6,840 $631,800 $350,000 $281,800
2017 $6,789 $631,800 $350,000 $281,800
2016 $4,899 $455,600 $350,000 $105,600
2015 $4,827 $455,600 $350,000 $105,600
2014 $4,825 $455,600 $350,000 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2088679

Canopy MLS (Canopy Realtor® Association)

APN: 001-114-29