Seller's Agent in 2019
Christy Walker
Keller Williams Lake Norman
(704) 201-3962
125 Total Sales
20925 Cinnamon Tree Ln Unit 5 Cornelius, NC 28031
Estimated Value: $3,066,000 - $4,027,423
1.15
Acres
$3,109,108
Price per Acre
50,094
Sq Ft Lot
Highlights
- Waterfront
- Community Lake
- Wooded Lot
- Bailey Middle School Rated A-
About This Lot
As of July 2019Keel Bay is a newly constructed community in a prime location in Cornelius/Lake Norman. Close to all shopping, restaurants and activities! There are only 2 lots left! This lot is over an acre with prime lake frontage! Choose 1 of our home plans or bring/design your own with Southern Cottage Homes. Home prices from $1.3-3 million. Dock/pier are allowed. Enjoy taking family and friends out on your boat/jet ski/paddle boards to waterfront restaurants or events! 17 acre Waterfront community with 3 acres of common buffer area.
Last Agent to Sell the Property
Keller Williams Lake Norman License #202446 Listed on: 01/11/2019
Property Details
Property Type
- Land
Lot Details
- Waterfront
- Wooded Lot
Basement
- Crawl Space
Community Details
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 001-132-40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2024
Sold by
Nemechek Joseph F and Nemechek Andrea
Bought by
Joe And Andrea Nemechek Living Trust and Nemechek
Current Estimated Value
Purchase Details
Listed on
Jan 11, 2019
Closed on
Jun 13, 2019
Sold by
Palanisamy Balasubramanian and Ramasamy Radhai
Bought by
Nemechek Joseph F and Nemechek Andrea
Seller's Agent
Christy Walker
Keller Williams Lake Norman
Buyer's Agent
Lynette Drawdy
Magnolia Real Estate
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.79%
Purchase Details
Closed on
Nov 15, 2016
Sold by
Kaneel Bay Development Llc
Bought by
Palanisamy Balasubramanian and Palanisamy Radahi
Purchase Details
Closed on
Jun 17, 2016
Sold by
Kaneel Bay Development Llc
Bought by
Mcquaid William J and Mcquaid Elizebeth A
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 |
|---|---|---|---|
| Joe And Andrea Nemechek Living Trust | -- | None Listed On Document | |
| Nemechek Joseph F | $725,000 | None Available | |
| Palanisamy Balasubramanian | $2,130,000 | None Available | |
| Mcquaid William J | $625,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nemechek Joseph F | $996,000 | |
| Previous Owner | Nemechek Joseph F | $979,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2019 07/09/19 | Sold | $725,000 | -2.7% | -- |
| 05/26/2019 05/26/19 | Pending | -- | -- | -- |
| 01/11/2019 01/11/19 | For Sale | $745,000 | -- | -- |
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 | $17,063 | $2,633,600 | $825,000 | $1,808,600 |
| 2022 | $13,644 | $1,602,600 | $630,000 | $972,600 |
| 2021 | $9,980 | $1,189,600 | $630,000 | $559,600 |
| 2020 | $5,285 | $630,000 | $630,000 | $0 |
| 2019 | $5,285 | $630,000 | $630,000 | $0 |
| 2018 | $4,151 | $385,000 | $385,000 | $0 |
| 2017 | $4,122 | $385,000 | $385,000 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christy Walker
-
Lynette Drawdy
Buyer's Agent in 2019
Lynette Drawdy
Magnolia Real Estate
(813) 326-4757
34 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3464355
APN: 001-132-40
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