NOT LISTED FOR SALE

21216 Olde Quarry Ln Unit 18 Cornelius, NC 28031

Estimated Value: $2,191,000 - $2,450,790

0.39 Acre
$5,999,867 Price per Acre
16,988 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $210,000

Est. 1,014% increase in value since last sale

Current estimated payment $12,994/month

19 Days on Market

Highlights

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

About This Lot

As of September 2021

Privacy, Elegance, and New Construction in Cornelius? With only 18 exquisite residences, this small gated community of Shadow Creek is truly a private retreat that resonates classic and enduring style. At its heart, a private pond with a calming fountain lit up in the evenings for your viewing or strolling pleasure. Lock and leave lifestyle for those that travel for work or play as all landscape maintenance and water usage is included in the low HOA dues. Shadow Creek’s desirable location is just a 1 min drive to 77 and steps away from Fresh Market and much more. Tap fees have already been paid! With so little land left in the area, this should move quickly. Bring your own Builder. Architectural review with a minimum build is required.

Last Agent to Sell the Property

Shelley Johnson

EXP Realty LLC Mooresville License #74534 Listed on: 08/03/2021

EXP Realty LLC Mooresville

Co-Listed By

Kathy Byrnes

EXP Realty LLC Mooresville License #235705

EXP Realty LLC Mooresville

Last Buyer's Agent

Kathy Byrnes

EXP Realty LLC Mooresville License #235705

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • Corner Lot
  • Lawn

HOA Fees

  • $470 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 001-177-72

Community Details

Overview

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

Security

  • Gated Community

Property Details

Property Type

Land

Year Built

2022

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: 0.95455
  • Ratio Close Price By Original Li: 0.95455
  • Ratio Current Price By Acre: 538461.54
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • H O A Management Phone: 704-644-8808

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 470.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cedar Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Corner Lot
  • Lot Size Area: 0.390
  • Parcel Number: 001-177-72
  • Zoning Specification: GR
  • Plat Book Slide: 50/496

Tax Info

  • Tax Value: 150000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Shalvoy James J and Shalvoy Lorraine C
Bought by
Ray Robed P and Ray Karen W
Total Days on Market
19
Current Estimated Value
$2,339,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$736,448
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,603,500

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 7, 2021
Sold by
Mccuen Matt Donald and Mccuen Lisa Ann
Bought by
Shalvoy James J and Shalvoy Lorraine C
Seller's Agent
Shelley Johnson
EXP Realty LLC Mooresville
Buyer's Agent
Kathy Byrnes
EXP Realty LLC Mooresville
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.85%

Purchase Details

Listed on
Jun 1, 2020
Closed on
May 18, 2021
Sold by
Woodland & Waterview Llc
Bought by
Mccuen Matt Donald and Mccuen Lisa Ann
Seller's Agent
Shelley Johnson
EXP Realty LLC Mooresville
Buyer's Agent
Kathy Byrnes
EXP Realty LLC Mooresville
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$153,750
Interest Rate
3.1%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Ray Robed P -- None Listed On Document
Shalvoy James J $210,000 None Available
Mccuen Matt Donald $205,000 Chicago Title Company Llc
Woodland & Waterview Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Robed P $750,000
Previous Owner Shalvoy James J $1,175,000
Previous Owner Mccuen Matt Donald $153,750
Previous Owner Woodland & Waterview Llc $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $210,000 -4.5% --
08/22/2021 08/22/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $220,000 +7.3% --
05/18/2021 05/18/21 Sold $205,000 0.0% --
03/18/2021 03/18/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $205,000 0.0% --
03/07/2021 03/07/21 Pending -- -- --
10/20/2020 10/20/20 Price Changed $205,000 +5.1% --
06/01/2020 06/01/20 For Sale $195,000 -- --
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 $1,273 $902,600 $216,000 $686,600
2022 $1,273 $150,000 $150,000 $0
2021 $1,258 $150,000 $150,000 $0
2020 $1,258 $150,000 $150,000 $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: CAR3769799

Canopy MLS (Canopy Realtor® Association)

APN: 001-177-72