NOT LISTED FOR SALE

8739 Westmoreland Lake Dr Cornelius, NC 28031

Estimated Value: $814,000 - $927,000

5 Beds
3.5 Baths
4,396 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $515,000 $117 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,000/month

5 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Private Lot
  • Bailey Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of June 2020

Beautiful 2 story/basement, 5 bedroom, 3 1/2 bath home in highly desirable Westmoreland Community! Covered, "rocking chair" front porch offers complete relaxation! Entryway opens to Formal Dining Room & Office/Flex Room w/French doors! Open plan! Upgraded Kitchen w/granite, stainless steel appliances, custom tile backsplash, custom lighting, large center island w/2nd sink & seating, tons of cabinetry for great storage, pantry, breakfast area & hardwood floors! Great Room features gas fireplace, built in tv nook/niche, crown molding, hardwood floors & open to Kitchen! Bedroom/Flex Room on main! Spacious Master suite on upper level w/crown molding, large windows for great natural lighting, sitting area & ceiling fan! Master bath w/dual vanity, tile surround garden tub, tile shower & tile floors! Spacious Secondary Bedrooms w/ceiling fans & plantation shutters! Basement level features Family Room, Kitchenette, Rec area & large storage areas! Screened porch offers privacy & great views!

Last Agent to Sell the Property

Matt Sarver

Keller Williams Lake Norman Brokerage Email: Matt@TheSarverGroup.com License #234447 Listed on: 02/05/2020

Keller Williams Lake Norman

Last Buyer's Agent

Donna Blantin

Jason Mitchell Real Estate License #292709

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 2005

Lot Details

  • 7,840 Sq Ft Lot
  • Private Lot
  • Wooded Lot
  • Property is zoned NR

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • J.V. Washam Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 005-113-40

Community Details

Overview

  • Westmoreland HOA
  • Westmoreland Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,577

Year Built

Built in 2005

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 117.15
  • Attribution Contact: Matt@TheSarverGroup.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Concrete, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Built-in Features, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1529
  • 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: 1437
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Self Cleaning Oven
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 2966
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1430
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 4396
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 517
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Security System
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 157.5
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Westmoreland HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 005-113-40
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2006
Sold by
Weekley Homes Lp
Bought by
Accetta Kenneth C and Accetta Michelle L
Current Estimated Value
$870,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,232
Outstanding Balance
$140,646
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$729,977
Source: Public Records

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
Accetta Kenneth C $324,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Accetta Kenneth C $259,232
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $515,000 +3.0% $117 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $500,000 -- $114 / 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
2025 $4,577 $690,000 $100,000 $590,000
2024 $4,577 $690,000 $100,000 $590,000
2023 $3,580 $723,900 $100,000 $623,900
2022 $3,580 $417,100 $95,000 $322,100
2021 $3,539 $417,100 $95,000 $322,100
2020 $2,716 $319,000 $95,000 $224,000
2019 $2,710 $319,000 $95,000 $224,000
2018 $2,637 $242,000 $50,000 $192,000
2017 $2,615 $242,000 $50,000 $192,000
2016 $2,612 $242,000 $50,000 $192,000
2015 $2,572 $242,000 $50,000 $192,000
2014 $2,570 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3586940

Canopy MLS (Canopy Realtor® Association)

APN: 005-113-40