NOT LISTED FOR SALE

8703 Westmoreland Lake Dr Unit 78 Cornelius, NC 28031

Estimated Value: $638,328 - $703,000

4 Beds
3 Baths
2,965 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 8703 Westmoreland Lake Dr Unit 78, Cornelius, NC 28031 and is currently estimated at $674,082, approximately $227 per square foot. 8703 Westmoreland Lake Dr Unit 78 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
May 22, 2021
Sold by
Swope Rence M and Swope John Jay
Bought by
Ovcharenko Stanislav and Ovcharenko Adriane
Current Estimated Value
$674,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$343,292
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$330,790

Purchase Details

Closed on
Jan 11, 2018
Sold by
Daly Fergus G and Daly Maira D
Bought by
Swope John J and Swope Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2016
Sold by
King Frank J and King Kelly Evans
Bought by
Daly Fergus G and Daly Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2013
Sold by
Smith Mark A and Smith Heather C
Bought by
King Frank J and King Kelly Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
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
5.61%
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
Ovcharenko Stanislav $517,500 None Available
Swope John J $370,000 None Available
Daly Fergus G $370,000 None Available
King Frank J $400,000 None Available
Weekley Homes Lp $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovcharenko Stanislav $380,000
Previous Owner Swope John J $346,750
Previous Owner Daly Fergus G $333,000
Previous Owner King Frank J $240,000
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 $3,665 $551,000 $100,000 $451,000
2024 $3,665 $551,000 $100,000 $451,000
2023 $3,605 $551,000 $100,000 $451,000
2022 $2,948 $342,600 $95,000 $247,600
2021 $2,914 $342,600 $95,000 $247,600
2020 $2,914 $342,600 $95,000 $247,600
2019 $2,908 $342,600 $95,000 $247,600
2018 $2,809 $258,000 $50,000 $208,000
2017 $2,786 $258,000 $50,000 $208,000
2016 $2,783 $258,000 $50,000 $208,000
2015 $2,741 $258,000 $50,000 $208,000
2014 $2,739 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Cornelius 28031

8703 Westmoreland Lake Dr Unit 78, Cornelius, NC

This home is located at 8703 Westmoreland Lake Dr Unit 78, Cornelius, NC 28031 and is currently estimated at $674,082, approximately $227 per square foot. 8703 Westmoreland Lake Dr Unit 78 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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