NOT LISTED FOR SALE

20925 Cinnamon Tree Ln Unit 5 Cornelius, NC 28031

Cornelius Area

Estimated Value: $2,429,000 - $4,070,000

1.15 Acres
$2,920,481 Price per Acre
50,094 Sq Ft Lot

Sale Details

Date Sold: July 9, 2019

Last sale price $725,000

Est. 363% increase in value since last sale

Current estimated payment $19,903 / mo

135 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot
  • Bailey Middle School Rated A-

About This Lot

As of July 2019

Keel 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

Christy Walker

Premier Sotheby's International Realty License #202446 Listed on: 01/11/2019

Premier Sotheby's International Realty

Last Buyer's Agent

Lynette Drawdy

Howard Hanna Allen Tate Lake Norman License #280931

Howard Hanna Allen Tate Lake Norman

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.97315
  • Ratio Close Price By Original Li: 0.97315
  • Ratio Current Price By Acre: 630434.78
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Lake, Waterfront, Wooded, Year Round View
  • Parcel Number: 001-132-40
  • Zoning Specification: SFR
  • Plat Reference Section Pages: 777

Tax Info

  • Tax Value: 385000.00
  • Tax Location: Cornelius

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Bought by
Current Estimated Value
$3,358,553

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jun 13, 2019
Sold by
Bought by
Seller's Agent
Christy Walker
Premier Sotheby's International Realty
Buyer's Agent
Lynette Drawdy
Howard Hanna Allen Tate Lake Norman
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
24.03%

Purchase Details

Closed on
Nov 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cornelius, NC

  • Brandon Gray Real Estate Agent - Realty One Group Revolution

    Brandon Gray

    Realty One Group Revolution

    (888) 503-6143

    56 Total Sales

    1 in Cornelius

    $639,900 Price

    Brandon Gray
     Section Image
  • Rae Hoyal Real Estate Agent - EXP Realty LLC Rock Hill

    Rae Hoyal

    EXP Realty LLC Rock Hill

    (517) 225-1709

    38 Total Sales

    1 in Cornelius

    $332,500 Price

    Rae Hoyal
     Section Image
  • Tracy Honeycutt Real Estate Agent - Costello Real Estate and Investments LLC

    Tracy Honeycutt

    Responds Quickly

    Costello Real Estate and Investments LLC

    (252) 254-3666

    67 Total Sales

    1 in Cornelius

    $465,000 Price

    Tracy Honeycutt
     Section Image
  • Matt Sarver Real Estate Agent - Keller Williams Lake Norman

    Matt Sarver

    Keller Williams Lake Norman

    (980) 430-6843

    452 Total Sales

    71 in Cornelius

    $150K - $3.6M Price Range

    Matt Sarver
     Section Image
  • Marty Pennell Real Estate Agent - Weichert, Realtors - Team Metro

    Marty Pennell

    Responds Quickly

    Weichert, Realtors - Team Metro

    (704) 325-8726

    237 Total Sales

    1 in Cornelius

    $425,000 Price

    Marty Pennell
     Section Image
  • Kevin Cox Real Estate Agent - Berkshire Hathaway HomeServices Carolinas Realty

    Kevin Cox

    Berkshire Hathaway HomeServices Carolinas Realty

    (980) 447-2703

    67 Total Sales

    6 in Cornelius

    $390K - $875K Price Range

    Kevin Cox
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$725,000 None Available
$2,130,000 None Available
$625,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $996,000
Previous Owner $979,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,331 $2,633,600 $825,000 $1,808,600
2024 $17,331 $2,633,600 $825,000 $1,808,600
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 Real Estate Agent - Premier Sotheby's International Realty

    Seller's Agent in 2019

    Christy Walker

    Premier Sotheby's International Realty

    (704) 201-3962

    115 Total Sales

    Christy Walker
    Section Image
  • Lynette Drawdy Real Estate Agent - Allen Tate Realtors

    Buyer's Agent in 2019

    Lynette Drawdy

    Allen Tate Realtors

    (813) 326-4757

    25 Total Sales

    Lynette Drawdy
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3464355

Canopy MLS

APN: 001-132-40

North Carolina Mecklenburg County Cornelius 28031

20925 Cinnamon Tree Ln Unit 5, Cornelius, NC

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Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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