NOT LISTED FOR SALE

21307 Rio Oro Dr Cornelius, NC 28031

Estimated Value: $726,061 - $868,000

3 Beds
2.5 Baths
2,531 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2022

Last sale price $665,000 $263 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,565 / mo

53 Days on Market

Highlights

  • Spa
  • Sauna
  • Fireplace in Primary Bedroom
  • Bailey Middle School Rated A-
  • Community Lake
  • Deck

About This Home

As of August 2022

Welcome home to this lovely victorian with year-round lake views! Located in the Bahia Bay neighborhood on beautiful Lake Norman near some of the best shopping, entertainment, restaurants, live music, and parks. You will be greeted by an expansive wrap-around front porch, lush landscaping, and water views from the kitchen, living room, dining room, master bedroom, front bedroom, back deck, and front porch. Gourmet kitchen with Schuler cabinetry, expansive granite countertops, and a dual fuel range. Hardwood floors throughout the main level. With a recent remodel on the second floor, you will enjoy the continuation of Schuler cabinetry and granite countertops, a bonus room with a new large closet, and LVP flooring. The primary bedroom offers a large walk-in closet, clawfoot tub, and fireplace. Outside, there is an above-ground swimming pool with an entry system and gate, a hot tub, and an infrared sauna. The community offers access to Lake Norman for boating, fishing, or cookouts.

Last Agent to Sell the Property

Kimberly Cassarino

Real Broker, LLC License #268531 Listed on: 05/06/2022

Real Broker, LLC

Last Buyer's Agent

Susan Johnson

Keller Williams Lake Norman License #242878

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Fenced
  • Corner Lot
  • Wooded Lot
  • Zoning described as GR

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Victorian Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Sauna
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Patio
  • Fire Pit

Schools

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

Utilities

  • Zoned Heating System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-296-01

Community Details

Overview

  • Bahia Bay HOA, Phone Number (980) 622-3471
  • Built by Golsch Builders
  • Bahia Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

10,019 Sq Ft Lot

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Year Built: 1994
  • Ratio Current Price By Acre: 2891304.35
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 262.74
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Brick/Mortar, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built Ins, Cable Available, Kitchen Island, Pantry, Skylight(s), Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1124
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1407
  • Porch: Covered,Deck,Front,Patio,Porch-Wrap Around,Side
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Electric Oven, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Security System, Surround Sound
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Primary Bedroom, Wood Burning
  • Living Area: 2531
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, Hot Tub, Above Ground Pool, Sauna
  • New Construction: No
  • Roof: Composition
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned
  • Sewer: Septic Installed
  • Water Heater: Electric,Other
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area, Street Lights
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bahia Bay HOA
  • Phone: 980-622-3471
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 75.00

Lot Info

  • Lot Features: Corner Lot, Lake Access, Long Range View, Wooded, Views, Water View, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 001-296-01
  • Zoning Description: GR
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Golsch Builders

Tax Info

  • RATIO List Price By Tax Amount: 2.13738

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Kutsch Michael V and Kutsch Michele Ami
Bought by
Kutsch Michael V and Kutsch Michele Ami
Current Estimated Value
$782,015

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 15, 2022
Sold by
Wayland-Smith Living Trust
Bought by
Kutsch Michael V
Seller's Agent
Kimberly Cassarino
Real Broker, LLC
Buyer's Agent
Susan Johnson
Keller Williams Lake Norman
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$532,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Wayland Smith Michelle Louise
Bought by
Wayland Smith Michelle Louise and Wayland Smith Living Trust

Purchase Details

Closed on
Jun 1, 2007
Sold by
Wayland Smith Michelle L
Bought by
Wayland Smith Michelle Louise and Ruwe Douglas Neal

Purchase Details

Closed on
Jan 27, 2005
Sold by
Takes Michael E and Takes Janice P
Bought by
Wayland Smith Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Takes Michael E and Takes Janice P
Bought by
Takes Michael E and Takes Janice P

Purchase Details

Closed on
Jan 30, 2002
Sold by
Golsch Bryan A and Golsch Lori B
Bought by
Takes Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Kutsch Michael V -- --
Kutsch Michael V $665,000 Mcnaught & Clements Pllc
Wayland Smith Michelle Louise -- None Available
Wayland Smith Michelle Louise -- None Available
Wayland Smith Michelle L $242,500 --
Takes Michael E -- --
Takes Michael E $225,000 --
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 Kutsch Michael V $532,000
Previous Owner Wayland Smith Michelle L $194,000
Previous Owner Takes Michael E $168,750
Closed Wayland Smith Michelle L $36,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $665,000 -2.2% $263 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $679,900 -2.7% $269 / Sq Ft
06/06/2022 06/06/22 Price Changed $698,900 -2.8% $276 / Sq Ft
06/03/2022 06/03/22 Price Changed $719,000 -4.1% $284 / Sq Ft
05/25/2022 05/25/22 For Sale $750,000 +12.8% $296 / Sq Ft
05/04/2022 05/04/22 Off Market $665,000 -- --
Source: Canopy MLS

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 $3,922 $590,100 $160,000 $430,100
2024 $3,922 $590,100 $160,000 $430,100
2023 $3,858 $590,100 $160,000 $430,100
2022 $2,669 $318,100 $75,000 $243,100
2021 $2,708 $318,100 $75,000 $243,100
2020 $2,708 $318,100 $75,000 $243,100
2019 $2,702 $318,100 $75,000 $243,100
2018 $2,511 $230,300 $60,000 $170,300
2017 $2,490 $230,300 $60,000 $170,300
2016 $2,486 $230,300 $60,000 $170,300
2015 $2,448 $230,300 $60,000 $170,300
2014 $2,446 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3848688

Canopy MLS

APN: 001-296-01

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