NOT LISTED FOR SALE

8532 Westmoreland Lake Dr Unit 17 Cornelius, NC 28031

Estimated Value: $520,000 - $532,000

3 Beds
3 Baths
2,160 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 8532 Westmoreland Lake Dr Unit 17, Cornelius, NC 28031 and is currently estimated at $523,685, approximately $242 per square foot. 8532 Westmoreland Lake Dr Unit 17 is a home located in Mecklenburg County with nearby schools including J.V. Washam Elementary School, Bailey Middle School, and William Amos Hough High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Sommerville Barbara A
Bought by
Olszewski William Victor and Olszewski Adrienne Ann
Current Estimated Value
$523,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$239,158
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$284,527

Purchase Details

Closed on
Nov 4, 2019
Sold by
Sommerville Barbara A
Bought by
Sommerville Barbara A and Lazusky Paul Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2007
Sold by
Sommerville Joseph Craig
Bought by
Sommerville Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2005
Sold by
Weekley Homes Lp
Bought by
Sommerville Joseph Craig and Sommerville Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,967
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2004
Sold by
Westmoreland Communities Llc
Bought by
Weekley Homes Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Olszewski William Victor $466,000 None Listed On Document
Sommerville Barbara A -- None Available
Sommerville Barbara A -- None Available
Sommerville Joseph Craig $231,500 --
Weekley Homes Lp $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olszewski William Victor $266,000
Previous Owner Sommerville Barbara A $236,000
Previous Owner Sommerville Barbara A $180,512
Previous Owner Sommerville Joseph Craig $15,000
Previous Owner Sommerville Joseph Craig $184,967
Previous Owner Weekley Homes Lp $80,000,000
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
2025 $3,067 $459,800 $100,000 $359,800
2024 $3,067 $459,800 $100,000 $359,800
2023 $3,067 $459,800 $100,000 $359,800
2022 $2,560 $296,900 $95,000 $201,900
2021 $2,530 $296,900 $95,000 $201,900
2020 $2,530 $296,900 $95,000 $201,900
2019 $2,524 $296,900 $95,000 $201,900
2018 $2,398 $219,900 $50,000 $169,900
2017 $2,378 $219,900 $50,000 $169,900
2016 $2,375 $219,900 $50,000 $169,900
2015 $2,338 $219,900 $50,000 $169,900
2014 $2,336 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Cornelius 28031

8532 Westmoreland Lake Dr Unit 17, Cornelius, NC

This home is located at 8532 Westmoreland Lake Dr Unit 17, Cornelius, NC 28031 and is currently estimated at $523,685, approximately $242 per square foot. 8532 Westmoreland Lake Dr Unit 17 is a home located in Mecklenburg County with nearby schools including J.V. Washam Elementary School, Bailey Middle School, and William Amos Hough High School.

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