NOT LISTED FOR SALE

8804 Arrowhead Place Ln Cornelius, NC 28031

Estimated Value: $397,818 - $435,000

3 Beds
2.5 Baths
1,330 Sq Ft
$313/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $237,000 $178 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,458/month

4 Days on Market

Highlights

  • Vinyl Flooring
  • Gas Log Fireplace
  • 4-minute walk to McDowell Creek Greenway
  • Bailey Middle School Rated A-

About This Home

As of February 2020

This Cornelius two-story offers a fireplace, a balcony, a pergola, and a two-car garage.

Last Agent to Sell the Property

James Sexton

Opendoor Brokerage LLC License #302310 Listed on: 01/25/2020

Opendoor Brokerage LLC

Last Buyer's Agent

Kelly Bescher

Southern Homes of the Carolinas, Inc License #155720

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 5,227

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Flooring

  • Laminate
  • Vinyl

Community Details

  • Csi Property Management Association

Listing and Financial Details

  • Assessor Parcel Number 005-071-31

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96735
  • Ratio Close Price By Original Li: 0.96735
  • Ratio Current Price By Acre: 1926829.27
  • Ratio Current Price By Sq Ft: 178.20
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 665
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Microwave
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Laminate Wood, Vinyl
  • Laundry Location: Closet
  • Room Count: 2
  • Main Level Sq Ft: 665
  • Total Sq Ft: 1330

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: Public Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: CSI Property Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 005-071-31
  • Zoning Specification: NR

Tax Info

  • Tax Value: 155100.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Feb 24, 2020
Sold by
Opendoor Property Trust I
Bought by
Nicolas Darin
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Kelly Bescher
Southern Homes of the Carolinas, Inc
List Price
$245,000
Sold Price
$237,000
Premium/Discount to List
-$8,000
-3.27%
Current Estimated Value
$416,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,205
Avg. Annual Appreciation
10.23%
Original Mortgage
$189,600
Outstanding Balance
$168,235
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$247,970

Purchase Details

Closed on
Nov 19, 2019
Sold by
Gosler Tanner R and Gosler Jennifer M
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Nov 21, 2007
Sold by
Alexander Chase Partners Llc
Bought by
Gosler Tanner R and Gosler Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,477
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2005
Sold by
Alexander Chase Estates Llc
Bought by
Alexander Chase Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,437
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nicolas Darin $237,000 None Available
Opendoor Property Trust I $231,000 None Available
Gosler Tanner R $176,500 None Available
Alexander Chase Partners Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicolas Darin $189,600
Previous Owner Gosler Tanner R $173,477
Previous Owner Alexander Chase Partners Llc $719,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $237,000 -3.3% $178 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $245,000 -- $184 / 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 $2,288 $341,100 $80,000 $261,100
2024 $2,288 $341,100 $80,000 $261,100
2023 $2,288 $341,100 $80,000 $261,100
2022 $1,938 $223,600 $60,000 $163,600
2021 $1,915 $223,600 $60,000 $163,600
2020 $1,893 $221,000 $60,000 $161,000
2019 $1,887 $221,000 $60,000 $161,000
2018 $1,700 $155,100 $36,000 $119,100
2017 $1,685 $155,100 $36,000 $119,100
2016 $1,681 $155,100 $36,000 $119,100
2015 $1,654 $155,100 $36,000 $119,100
2014 $1,652 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585829

Canopy MLS (Canopy Realtor® Association)

APN: 005-071-31