NOT LISTED FOR SALE

496 S Main St Cornelius, NC 28031

Estimated Value: $1,205,000

4 Beds
3 Baths
2,454 Sq Ft
$491/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $785,000 $320 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,744/month

90 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Wood Burning Fireplace
  • Davidson Elementary School Rated A-

About This Home

As of November 2020

Amazing location and two lots included on this 1.68 acre estate-sized property in Davidson! Build your dream home on your second lot while living in a charming 1933 Davidson bungalow in a very desirable and walkable location close to restaurants, retail and Davidson College. Existing home features a main level master with full bath and large walk-in closet/bathroom addition. 2nd bedroom on main level also has a full bath. Home has recently been painted from top to bottom and includes a detached garage and additional shed building. Mature trees and landscaping create a total sense of privacy. A second building lot has been subdivided from this property and is included with the sale which provides exceptional value and immediate opportunity to build a single-family home while you live in the existing home. Exceptional investment opportunity.

Last Agent to Sell the Property

Michael Orlando

TSG Residential License #236972 Listed on: 02/25/2019

Last Buyer's Agent

Bill Worsley

TSG Residential License #165623

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 1.68

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space
  • Oven

Listing and Financial Details

  • Assessor Parcel Number 003-241-07

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98248
  • Ratio Close Price By Original Li: 0.98248
  • Ratio Current Price By Acre: 467261.90
  • Ratio Current Price By Sq Ft: 319.89
  • Year Built: 1933
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 458
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dryer, Dishwasher, Gas Range, Oven, Refrigerator, Washer, Gas Oven
  • Fireplace Description: Gas Logs, Living Room, Primary Bedroom, Wood Burning
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1996
  • Total Sq Ft: 2454

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: irregular
  • Parcel Number: 003-241-07
  • Plat Book Slide: 54/516
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 326400.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Church Lake Forest
Bought by
Storyhill Church Inc
Current Estimated Value
$1,205,000

Purchase Details

Listed on
Feb 25, 2019
Closed on
Nov 23, 2020
Sold by
Wade Julius Jennings and Wade Cary Page
Bought by
Church Lake Forest
Seller's Agent
Michael Orlando
TSG Residential
Buyer's Agent
Bill Worsley
TSG Residential
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Sep 22, 1983
Bought by
Wade Julius Jennings
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Storyhill Church Inc -- None Available
Church Lake Forest $785,000 None Available
Wade Julius Jennings -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $785,000 +35581.8% $320 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/21/2019 05/21/19 Rented $2,200 0.0% --
05/13/2019 05/13/19 Price Changed $2,200 -12.0% $1 / Sq Ft
04/30/2019 04/30/19 For Rent $2,500 0.0% --
02/25/2019 02/25/19 For Sale $799,000 -- $326 / 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
2025 -- $6,259,200 $1,260,700 $4,998,500
2024 -- $1,402,300 $1,260,700 $141,600
2023 $4,946 $582,500 $440,900 $141,600
2022 $4,946 $520,900 $380,400 $140,500
2021 $4,965 $520,900 $380,400 $140,500
2020 $4,965 $744,700 $604,200 $140,500
2019 $6,988 $744,700 $604,200 $140,500
2018 $4,058 $326,400 $201,300 $125,100
2017 $4,030 $326,400 $201,300 $125,100
2016 $4,026 $326,400 $201,300 $125,100
2015 $4,023 $326,400 $201,300 $125,100
2014 $4,021 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3460882

Canopy MLS (Canopy Realtor® Association)

APN: 003-241-07