NOT LISTED FOR SALE

20520 Lagoona Dr Cornelius, NC 28031

Estimated Value: $1,700,000 - $3,138,000

0.44 Acre
$5,623,584 Price per Acre
19,166 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $685,000 $305 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $13,456/month

1,276 Days on Market

Highlights

  • Beach Front
  • Floating Dock
  • Corner Lot
  • Bailey Middle School Rated A-
  • Access To Lake

About This Lot

As of November 2019

A great water front lot with an older home sold as is. Value is in the lot. Very nice level waterfront lot at end of road next to cul-de-sac. Build your own home on a lake front lot that has beautiful wide views and a sandy beach. Dock and Pier is only a few years old and has a metal roof and is finished in Trex construction. The floating dock has 2 boat slips. This cul-de-sac offers extra parking for guest and adds easy to access to the home from both front and back. This gives lots of options for designing that new home. The connection to sewer allows for a large number of bedrooms to be included in that new home.

Last Agent to Sell the Property

Vickie Kidd

Kidd Realty License #242106 Listed on: 04/25/2016

Last Buyer's Agent

Kim Wilson

Keller Williams Lake Norman License #172060

Keller Williams Lake Norman

Property Details

Property Type

  • Land

Lot Details

  • Beach Front
  • Corner Lot
  • Level Lot

Outdoor Features

  • Access To Lake
  • Floating Dock

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 001-701-03

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.97163
  • Ratio Close Price By Original Li: 0.90191
  • Ratio Current Price By Acre: 1525612.47
  • Additional Information: Tax Information
  • Habitable Residence Yn: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • Exterior Features: Boat Lift, Boat Slip, Floating Dock, Pier
  • Publically Maintained Road: Yes
  • Cleared Acres: 0.45

Utilities

  • Sewer: City Sewer, Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Lake Access

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 112.36X204.31Xwf96.80X35.07X123.12
  • Lot Features: Corner Lot, Cul-de-sac Lot, Waterfront, Water view, Lake Access, Level, Paved Frontage, Lake, Year Round View, Beachfront
  • Lot Size Area: 0.449
  • Parcel Number: 001-701-03
  • Zoning: Residential
  • Zoning Specification: GR
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 722200.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Meier Philip Alan and Meier Lisa Ann
Bought by
Lisa Ann Meier Living Trust and Philip Alan Meier Living Trust
Current Estimated Value
$2,474,377

Purchase Details

Listed on
Apr 25, 2016
Closed on
Nov 21, 2019
Sold by
The Estate Of Mary Sue Gcadiue Layman
Bought by
Meier Philip Alan and Meier Lisa Ann
Seller's Agent
Vickie Kidd
Kidd Realty
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$759,500
Sold Price
$685,000
Premium/Discount to List
-$74,500
-9.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.18%

Purchase Details

Closed on
Nov 5, 2003
Sold by
Layman Mary S and Layman Robert Myers
Bought by
Layman Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1999
Sold by
Layman Mary S
Bought by
Layman Mary S and Layman Robert Myers
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
Lisa Ann Meier Living Trust -- None Listed On Document
Meier Philip Alan $685,000 None Available
Layman Mary S -- --
Layman Mary S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Layman Mary S $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $685,000 -2.8% $305 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $705,000 -2.8% $314 / Sq Ft
04/25/2019 04/25/19 Price Changed $725,000 -3.2% $323 / Sq Ft
01/07/2019 01/07/19 Price Changed $749,000 -1.4% $333 / Sq Ft
04/25/2016 04/25/16 For Sale $759,500 -- $338 / 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
2025 -- $1,920,700 $1,000,000 $920,700
2024 -- $1,920,700 $1,000,000 $920,700
2023 $5,746 $1,920,700 $1,000,000 $920,700
2022 $5,746 $685,000 $650,000 $35,000
2021 $5,746 $685,000 $650,000 $35,000
2020 $6,059 $722,200 $650,000 $72,200
2019 $6,092 $722,200 $650,000 $72,200
2018 $5,012 $462,300 $385,000 $77,300
2017 $4,974 $462,300 $385,000 $77,300
2016 $4,970 $462,300 $385,000 $77,300
2015 $4,898 $462,300 $385,000 $77,300
2014 $4,896 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3169950

Canopy MLS (Canopy Realtor® Association)

APN: 001-701-03