NOT LISTED FOR SALE

8718 Cornwall St Locust, NC 28097

Estimated Value: $354,000 - $393,000

3 Beds
2.5 Baths
2,220 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $295,000 $133 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,248/month

31 Days on Market

Highlights

  • Community Cabanas
  • Private Lot
  • 2 Car Attached Garage
  • Open Floorplan
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of January 2023

This beautiful 2 story property located in Locust, offers a fresh feel at an incredible price. From the lush curb appeal on the exterior to the thoughtful details found within, each pocket of this well crafted home is sure to leave a lasting impression. Walking in, you are greeted by tile flooring & a well designed staircase leading to an upper level. A formal dining room is the ideal place to gather with friends for a memorable meal. The living area, bright and open, offers wood floors & an eye catching stone fireplace that further adds to the ambiance. The kitchen is both fashionable and functional with wood cabinetry, SS appliances, & corian counter tops. Upstairs, the master suite features large windows for plenty of natural light, a garden tub with separate shower & a WIC. Each bedroom, in the 2220 sqft dwelling, is beautifully crafted, providing the ideal space for a good nights sleep. Spend time in the fenced backyard that backs up to a wooded area offering privacy and shade.

Last Agent to Sell the Property

Josh Finigan

EXP Realty LLC Ballantyne Brokerage Email: josh@thefinigangroup.com License #286467 Listed on: 11/10/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

David Morris

CENTURY 21 Rucker Real Estate License #260381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Private Lot
  • Level Lot
  • Property is zoned OPS

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Fire Pit

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5576-16-8223-0000

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 956-5908
  • Meadow Creek Village Subdivision
  • Mandatory home owners association

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 2007

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2007
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 132.88
  • Attribution Contact: josh@thefinigangroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1019
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1201
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2220
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Fire Pit
  • Living Area: 2220
  • Bedroom Main: 0
  • Room Count: 12

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Stone Veneer, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 398
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Sidewalks
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cedar Management
  • Phone: 704-956-5908
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: help@mycmp.com

Association/Amenities

  • Association Annual Expense: 375.00

Schools

  • Middle Or Junior School: Mount Pleasant
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 5576-16-8223-0000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPS

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 10, 2023
Sold by
Mcmillan Joshua and Mcmillan Ashley
Bought by
Fraser Jack Semoy and Otis Jack Otis
Seller's Agent
Josh Finigan
EXP Realty LLC Ballantyne
Buyer's Agent
David Morris
CENTURY 21 Rucker Real Estate
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Total Days on Market
31
Views
26
Current Estimated Value
$365,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,996
Avg. Annual Appreciation
9.44%
Original Mortgage
$289,656
Outstanding Balance
$282,051
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$83,945

Purchase Details

Listed on
Jun 11, 2018
Closed on
Oct 2, 2018
Sold by
Offerpad Spv Borrowwer 1 Llc
Bought by
Mcmillan Joshua and Mcmillan Ashley
Seller's Agent
Robert Jones
OfferPad Brokerage LLC
Buyer's Agent
Jasmine Parker
Allure Realty Group
List Price
$209,900
Sold Price
$193,000
Premium/Discount to List
-$16,900
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$189,504
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2018
Sold by
Lee Bryan Ray and Lee Stacey Elizabeth
Bought by
Offerpad Spvborrower 1 Llc

Purchase Details

Closed on
Apr 3, 2012
Sold by
Lee Stacey Elizabeth
Bought by
Lee Bryan Ray

Purchase Details

Closed on
Mar 28, 2008
Sold by
Royce Homes North Carolina Llc
Bought by
Lee Bryan Ray and Lee Stacey Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,270
Interest Rate
5.68%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2006
Sold by
Dan Moser Co Inc
Bought by
Royce Homes North Carolina Llc
Source: Public Records

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Range of Values:

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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
Fraser Jack Semoy $295,000 --
Mcmillan Joshua $193,000 None Available
Offerpad Spvborrower 1 Llc $165,000 None Available
Lee Bryan Ray -- None Available
Lee Bryan Ray $194,000 None Available
Royce Homes North Carolina Llc $311,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Jack Semoy $289,656
Previous Owner Mcmillan Joshua $250,305
Previous Owner Mcmillan Joshua $188,475
Previous Owner Mcmillan Joshua $189,670
Previous Owner Mcmillan Joshua $189,504
Previous Owner Lee Bryan Ray $192,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $295,000 -4.5% $133 / Sq Ft
12/09/2022 12/09/22 Price Changed $309,000 -1.9% $139 / Sq Ft
11/21/2022 11/21/22 Price Changed $315,000 -3.1% $142 / Sq Ft
11/10/2022 11/10/22 For Sale $325,000 +68.4% $146 / Sq Ft
10/26/2018 10/26/18 Sold $193,000 0.0% $87 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/30/2018 09/30/18 Price Changed $193,000 +1.6% $87 / Sq Ft
09/21/2018 09/21/18 Price Changed $189,900 -5.0% $86 / Sq Ft
08/27/2018 08/27/18 Price Changed $199,900 -2.4% $91 / Sq Ft
07/19/2018 07/19/18 Price Changed $204,900 -2.4% $93 / Sq Ft
06/11/2018 06/11/18 For Sale $209,900 -- $95 / 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 $3,300 $309,920 $66,000 $243,920
2023 $2,733 $219,200 $40,500 $178,700
2022 $2,733 $219,200 $40,500 $178,700
2021 $2,733 $219,200 $40,500 $178,700
2020 $2,733 $219,200 $40,500 $178,700
2019 $1,944 $153,040 $16,000 $137,040
2018 $1,983 $158,940 $16,000 $142,940
2017 $1,951 $158,940 $16,000 $142,940
2016 $1,951 $156,540 $15,000 $141,540
2015 $1,923 $156,540 $15,000 $141,540
2014 $1,923 $156,540 $15,000 $141,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3920891

Canopy MLS (Canopy Realtor® Association)

APN: 5576-16-8223-0000