$140,000
SOLD SEP 15, 2021

21205 Olde Quarry Ln Unit 1 Cornelius, NC 28031

0.33 Acre
$424,242 Price per Acre
14,375 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

7% Below List Price

6 Days on Market

Highlights

  • Gated Community
  • Pond
  • Lawn
  • Bailey Middle School Rated A-
  • Corner Lot

About This Lot

As of December 2021

Privacy, Elegance, & New Construction in Cornelius? With only 18 exquisite residences allotted, Shadow Creek is truly a private retreat which resonates a classic & enduring style. At its heart, a private pond with a calming fountain lit up at night for your viewing or strolling pleasure. Enjoy a LOCK & LEAVE lifestyle in this gated community as landscape maintenance & all water usage are included in the low HOA dues. Shadow Creek’s desirable location is just a 1 min drive to I-77, steps away from Fresh Market, and so much more. Only 2 lots left! Tap fees Paid! Bring your own Builder and create your custom dream home. With so little land left in the area, these should move quick.

Last Agent to Sell the Property

Anna Keber

Ivester Jackson Distinctive Properties License #276908 Listed on: 08/11/2021

Last Buyer's Agent

Janell Snevel

Premier Sotheby's International Realty License #302788

Property Details

Property Type

  • Land

Year Built

  • 2019

Lot Details

  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Lawn

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 001-177-58

Community Details

Overview

  • Cedar Mngmt Association, Phone Number (704) 644-8808

Security

  • Gated Community

Recreation

  • Pond

Property Details

Property Type

Land

Year Built

2019

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.93333
  • Ratio Close Price By Original Li: 0.93333
  • Ratio Current Price By Acre: 424242.42
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Foundation Details: Crawl Space, g-Sealed Crawl Space, Slab
  • H O A Management Phone: 7046448808

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance
  • Cleared Acres: 0.33

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Pond, Security, Sidewalk
  • Association Fee: 470.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cedar Mngmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 106x132x100x159
  • Lot Features: Cleared, Corner Lot, Level, Open Lot, Paved Frontage, Water view, Year Round View
  • Lot Size Area: 0.330
  • Parcel Number: 001-177-58
  • Zoning Specification: GR

Tax Info

  • Tax Value: 62500.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 14, 2021
Sold by
Woodland & Waterview Llc
Bought by
Lagniappe Builders Llc
Seller's Agent
Anna Keber
Ivester Jackson Distinctive Properties
Buyer's Agent
Janell Snevel
Premier Sotheby's International Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Total Days on Market
6
Current Estimated Value
$1,573,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,433,920
Avg. Annual Appreciation
94.88%

Purchase Details

Closed on
Oct 8, 2019
Sold by
North State Partners Llc
Bought by
Woodland & Waterview Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.5%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $140,000 Chicago Title
Warranty Deed $525,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $393,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $1,325,200 +2.3% $346 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $1,295,000 +8.4% $338 / Sq Ft
10/01/2021 10/01/21 For Sale $1,195,000 +753.6% $312 / Sq Ft
09/15/2021 09/15/21 Sold $140,000 -6.7% $48 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $150,000 -- $51 / 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
2023 $5,711 $883,790 $216,000 $667,790
2022 $524 $62,500 $62,500 $0
2021 $524 $62,500 $62,500 $0
2020 $524 $62,500 $62,500 $0
2019 $1,617 $250,000 $250,000 $0
2018 $1,617 $150,000 $150,000 $0
2017 $1,606 $150,000 $150,000 $0
2016 -- $150,000 $150,000 $0
2015 $1,584 $150,000 $150,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3772220

Canopy MLS (Canopy Realtor® Association)

APN: 001-177-58