NOT LISTED FOR SALE

407 Cornelia Dr Graham, NC 27253

Estimated Value: $319,000 - $338,097

3 Beds
2.5 Baths
2,000 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $285,000 $142 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,882/month

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of March 2022

Charming 3 Bedroom/2.1 Bathroom house in Graham. Features nice open living room that leads into the dining room. Kitchen with new granite countertops and stainless steel appliances. Upstairs 3 large bedrooms and 2 full bathrooms. All new windows. Brand new HVAC. New LVP flooring throughout, Freshly painted inside and out. Fenced backyard. Great location just minutes from town. Don't miss out on this incredible property!

Last Agent to Sell the Property

Robert Cavinder

Keller Williams Central License #285856 Listed on: 03/05/2022

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1979

Lot Details

  • 0.28

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Graham Middle School
  • Graham High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 0.28 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 144490
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 12153
  • Subdivision Name: None
  • Directions: From Burlington take I-40 towards Graham, take exit 147, Right onto NC-87, Left onto Ivey Road, Right onto Ross Street, Left onto Cornelia Drive, House on Right.
  • Above Grade Finished Sq Ft: 1862
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1862
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South Graham
  • High School: Graham
  • Middle Or Junior School: Graham

Lot Info

  • Parcel #: 144490
  • Zoning: residential
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1519
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 21, 2022
Sold by
Sparrow Dwellings Llc
Bought by
Li Shumeng and Cai Mengying
Seller's Agent
Robert Cavinder
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Current Estimated Value
$328,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,524
Avg. Annual Appreciation
3.76%
Original Mortgage
$228,000
Outstanding Balance
$213,593
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$114,931

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 30, 2021
Sold by
Paschall Recas and Paschall Arellanes
Bought by
Sparrow Dwellings Llc
Seller's Agent
Steven Norris
EXP Realty LLC
Buyer's Agent
Robert Cavinder
Keller Williams Central
List Price
$180,000
Sold Price
$161,000
Premium/Discount to List
-$19,000
-10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.35%

Purchase Details

Closed on
Aug 11, 2016
Sold by
The Mclendon Family Revocable Living Tru
Bought by
Mclendon Ii Charlie R and Mclendon Diane W

Purchase Details

Closed on
Jul 14, 2016
Sold by
Mclendon Charlie R and Mclendon Diane W
Bought by
The Mclendon Family Revocable Living Tru

Purchase Details

Closed on
Mar 24, 2008
Sold by
Hsbc Mortgage Svrs Inc
Bought by
Paschall Recas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Substitute Trustees
Bought by
Hsbc Mtg Svrs

Purchase Details

Closed on
Apr 15, 2003
Sold by
Graves Earl
Bought by
Miles Malcom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Shumeng $285,000 Law Office Of Fiona Wang Pllc
Li Shumeng $285,000 None Listed On Document
Sparrow Dwellings Llc $161,000 None Available
Mclendon Ii Charlie R -- None Available
The Mclendon Family Revocable Living Tru -- None Available
Paschall Recas $92,000 --
Hsbc Mtg Svrs $97,000 --
Miles Malcom $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Shumeng $228,000
Closed Li Shumeng $228,000
Previous Owner Paschall Recas $91,500
Previous Owner Miles Malcom $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $285,000 +14.0% $178 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $250,000 +55.3% $156 / Sq Ft
08/31/2021 08/31/21 Sold $161,000 -10.6% $87 / Sq Ft View Prior Sale
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $180,000 -- $97 / Sq Ft
Source: Triad 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 $1,672 $338,411 $31,000 $307,411
2024 $1,587 $338,411 $31,000 $307,411
2023 $1,462 $338,411 $31,000 $307,411
2022 $1,492 $135,414 $30,000 $105,414
2021 $1,505 $135,414 $30,000 $105,414
2020 $1,519 $135,414 $30,000 $105,414
2019 $1,523 $135,414 $30,000 $105,414
2018 $0 $135,414 $30,000 $105,414
2017 $1,402 $135,414 $30,000 $105,414
2016 $1,435 $138,656 $30,000 $108,656
2015 $800 $138,656 $30,000 $108,656
2014 $731 $138,656 $30,000 $108,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1061071

Triad MLS

APN: 144490