NOT LISTED FOR SALE

7026 Norman Island Dr Unit Lot 9 Cornelius, NC 28031

Estimated Value: $1,714,000 - $2,413,000

0.77 Acre
$2,585,288 Price per Acre
33,541 Sq Ft Lot

Last Sold February 14, 2013

Last sale price $179,900

Est. 1,007% increase in value since last sale

Current estimated payment $11,615/month

220 Days on Market

Highlights

  • Community Lake
  • J.V. Washam Elementary School Rated 9+
  • Corner Lot

About This Lot

As of February 2013

3/4 acre lot with waterview from two sides of lot. Seller/builder will build to suit. Suggested plan starts at $630,000 with approx 4000 sq/ft.

Last Agent to Sell the Property

Chester Martin

Charlotte Home Sales License #171954 Listed on: 06/26/2012

Last Buyer's Agent

JC Brady, III

Allen Tate Lake Norman License #266021

Allen Tate Lake Norman

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-033-03

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 233636.36
  • Restrictions: Manufactured Home Not Allowed
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: J V Washam
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: 141x172x113x159
  • Lot Features: Corner Lot, Water view
  • Lot Size Area: 0.770
  • Lot Size Units: Acres
  • Parcel Number: 001-033-03
  • Zoning Specification: Gr

Tax Info

  • Tax Value: 150000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Koster Francis P and Spaiding Carol S
Bought by
Wolff Robert and Wolff Becky
Current Estimated Value
$1,990,672

Purchase Details

Listed on
Jun 26, 2012
Closed on
Feb 14, 2013
Sold by
Rion Homes Inc
Bought by
Koster Francis P and Spalding Carol S
Seller's Agent
Chester Martin
Charlotte Home Sales
Buyer's Agent
JC Brady, III
Allen Tate Lake Norman
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%

Purchase Details

Closed on
May 30, 2007
Sold by
White James Albert and White Alice Worrell
Bought by
Rion Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Wolff Robert $340,000 None Available
Koster Francis P $180,000 None Available
Rion Homes Inc $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolff Becky $737,000
Closed Wolff Becky $731,000
Previous Owner Rion Homes Inc $652,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $179,900 0.0% --
02/01/2013 02/01/13 Pending -- -- --
06/26/2012 06/26/12 For Sale $179,900 -- --
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
2024 $9,469 $1,435,400 $343,800 $1,091,600
2023 $9,276 $1,435,400 $343,800 $1,091,600
2022 $2,881 $339,400 $200,000 $139,400
2021 $1,453 $200,000 $200,000 $0
2020 $1,678 $200,000 $200,000 $0
2019 $1,678 $200,000 $200,000 $0
2018 $1,617 $150,000 $150,000 $0
2017 $1,606 $150,000 $150,000 $0
2016 $1,606 $150,000 $150,000 $0
2015 $1,584 $150,000 $150,000 $0
2014 $1,584 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2093402

Canopy MLS (Canopy Realtor® Association)

APN: 001-033-03