NOT LISTED FOR SALE

729 Cornelius Rd Mooresville, NC 28117

Estimated Value: $1,479,000 - $3,123,648

6 Beds
7 Baths
7,513 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 729 Cornelius Rd, Mooresville, NC 28117 and is currently estimated at $2,217,216, approximately $295 per square foot. 729 Cornelius Rd is a home with nearby schools including Lakeshore Elementary School, Lakeshore Middle School, and Lake Norman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Sc Landholdings Llc
Bought by
Nest Homes Llc
Current Estimated Value
$2,217,216

Purchase Details

Closed on
Jan 10, 2022
Sold by
Sc Landholdings Llc
Bought by
Arjuna Channa Mallik and Arjuna Jyotshna Prabha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2016
Sold by
Slf Ii Nc Magnolia Bays Jv Llc
Bought by
Sc Landholdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
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.

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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.

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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.

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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.

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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
Nest Homes Llc -- Farlow Todd J
Arjuna Channa Mallik $1,198 Farlow Todd J
Sc Landholdings Llc $3,160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arjuna Channa Mallik $1,500,000
Previous Owner Sc Landholdings Llc $4,500,000
Source: Public Records

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 $14,615 $2,320,110 $600,000 $1,720,110
2023 $8,738 $1,470,870 $600,000 $870,870
2022 $2,259 $360,000 $360,000 $0
2021 $2,259 $360,000 $360,000 $0
2020 $2,259 $360,000 $360,000 $0
2019 $2,151 $360,000 $360,000 $0
2018 $1,315 $220,000 $220,000 $0
2017 $1,315 $220,000 $220,000 $0
2016 $1,315 $220,000 $220,000 $0
Source: Public Records

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