NOT LISTED FOR SALE

8703 Cornwall St Locust, NC 28097

Estimated Value: $325,000 - $364,000

3 Beds
2 Baths
1,679 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $307,000 $183 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,163/month

Highlights

  • Open Floorplan
  • Community Pool
  • Attached Garage
  • Transitional Architecture
  • Fireplace
  • Walk-In Closet

About This Home

As of September 2021

Well maintained sought after RANCH style home in Beautiful Meadowcreek Village! Kitchen is open to the great room and offers solid surface countertops, SS appliances & breakfast bar. Great room has vaulted ceiling and an electric fireplace. Large 11 x 15 Patio for great outdoor entertaining and relaxing! Cul-de-sac lot and is next to the Common Area amenities (Picnic Shelter & Pool)! Easy Commute to Charlotte, Concord!

Last Agent to Sell the Property

Donald Newell

David Hoffman Realty License #189941 Listed on: 08/10/2021

Co-Listed By

Ellis Newell

David Hoffman Realty License #315058

Last Buyer's Agent

Tara Ganesh

Keller Williams South Park License #101622

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 7,405

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5576-16-7572-0000

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.07719
  • Ratio Close Price By Original Li: 1.07719
  • Ratio Current Price By Acre: 1805882.35
  • Ratio Current Price By Sq Ft: 182.85
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Vinyl
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1679
  • Total Sq Ft: 1679

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.170
  • Parcel Number: 5576-16-7572-0000
  • Zoning Specification: OPS

Tax Info

  • Tax Value: 204080.00
  • Tax Location: Locust

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 7, 2021
Sold by
Williams Robert T and Williams Mary Lou
Bought by
Love Sheila
Seller's Agent
Donald Newell
David Hoffman Realty
Buyer's Agent
Tara Ganesh
Keller Williams South Park
List Price
$285,000
Sold Price
$307,000
Premium/Discount to List
$22,000
7.72%
Current Estimated Value
$337,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,169
Avg. Annual Appreciation
2.23%
Original Mortgage
$182,000
Outstanding Balance
$167,401
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,325

Purchase Details

Closed on
Oct 26, 2016
Sold by
Sanders John C and Sanders Leann
Bought by
Willimas Robert T and Willimas Mary Lou

Purchase Details

Closed on
Apr 24, 2014
Sold by
Mcswain Teresa T and Mcswain Michael D
Bought by
Sanders John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,150
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2006
Sold by
Vista Communities Llc
Bought by
Torres Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,986
Interest Rate
6.29%
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
Love Sheila $307,000 None Available
Willimas Robert T $160,000 None Available
Sanders John C $149,000 None Available
Torres Teresa D $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Sheila $182,000
Previous Owner Sanders John C $151,150
Previous Owner Mcswain Teresa $141,000
Previous Owner Torres Teresa D $149,986
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $307,000 +7.7% $183 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $285,000 -- $170 / 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
2024 $3,434 $322,970 $66,000 $256,970
2023 $2,553 $204,080 $40,500 $163,580
2022 $1,354 $204,080 $40,500 $163,580
2021 $1,354 $204,080 $40,500 $163,580
2020 $1,354 $204,080 $40,500 $163,580
2019 $943 $138,020 $16,000 $122,020
2018 $929 $138,020 $16,000 $122,020
2017 $896 $134,800 $16,000 $118,800
2016 $1,673 $139,450 $15,000 $124,450
2015 $1,726 $139,450 $15,000 $124,450
2014 $1,726 $139,450 $15,000 $124,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3771370

Canopy MLS (Canopy Realtor® Association)

APN: 5576-16-7572-0000