NOT LISTED FOR SALE

21610 Rio Oro Dr Unit 47 Cornelius, NC 28031

Estimated Value: $1,417,109 - $1,504,000

0.23 Acre
$6,409,900 Price per Acre
10,019 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $215,000

Est. 586% increase in value since last sale

Current estimated payment $8,900/month

138 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Many Trees
  • Bailey Middle School Rated A-

About This Lot

As of November 2019

Gently sloping waterfront lot on quiet street in a beautiful, established neighborhood. All amenities (groceries, restaurants, retail) within a 5 minute drive. Surveyed and underbrush cleared 8/18/18. All this property needs is you and your plan for new home.

Last Agent to Sell the Property

Brooks Lindsay

Brooks Lindsay Realty LLC License #224159 Listed on: 04/09/2019

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • Waterfront
  • Many Trees

HOA Fees

  • $4 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 001-297-09

Community Details

Overview

  • Bahia Bay Community Association

Recreation

  • Access To Lake

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.86345
  • Ratio Close Price By Original Li: 0.78182
  • Ratio Current Price By Acre: 934782.61
  • Restrictions: No Representation
  • Special Features: None
  • Year Built (Public Record): 2020

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 50.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bahia Bay Community Association
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 60X160X74X152
  • Lot Features: Sloping, Trees, Waterfront
  • Lot Size Area: 0.230
  • Parcel Number: 001-297-09
  • Zoning Specification: GR
  • Plat Reference Section Pages: 319

Tax Info

  • Tax Value: 280000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Armstrong Ewy and Armstrong Marca
Bought by
Karriker Marcela A
Total Days on Market
138
Current Estimated Value
$1,474,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$729,391
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$664,362

Purchase Details

Closed on
Nov 10, 2020
Sold by
Wind And Water Development Llc
Bought by
Armstrong Ewy Marca and Ewy Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2019
Closed on
Nov 15, 2019
Sold by
Oxending Family Limited Partnership
Bought by
Wind And Water Development Llc
Seller's Agent
Brooks Lindsay
Brooks Lindsay Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$275,000
Sold Price
$215,000
Premium/Discount to List
-$60,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.96%
Original Mortgage
$474,560
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 19, 1994
Sold by
Oxendine Jesse E and Oxendine Jewell H
Bought by
Oxendine Family L P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karriker Marcela A $1,200,000 Master Title
Armstrong Ewy Marca $836,000 Master Title Agency Llc
Wind And Water Development Llc $215,000 Master Title
Oxendine Family L P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karriker Marcela A $760,000
Previous Owner Armstrong Ewy Marca $630,000
Previous Owner Wind And Water Development Llc $474,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $215,000 -13.7% --
08/25/2019 08/25/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $249,000 -9.5% --
04/09/2019 04/09/19 For Sale $275,000 -- --
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 $7,444 $1,145,100 $675,000 $470,100
2022 $6,480 $758,700 $375,000 $383,700
2021 $6,404 $758,700 $375,000 $383,700
2020 $3,146 $375,000 $375,000 $0
2019 $3,146 $375,000 $375,000 $0
2018 $3,019 $280,000 $280,000 $0
2017 $2,998 $280,000 $280,000 $0
2016 $2,998 $280,000 $280,000 $0
2015 -- $280,000 $280,000 $0
2014 $2,956 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3494639

Canopy MLS (Canopy Realtor® Association)

APN: 001-297-09