NOT LISTED FOR SALE

8861 Magnolia Estates Dr Cornelius, NC 28031

Cornelius Area

Estimated Value: $650,000 - $667,675

4 Beds
3.5 Baths
2,815 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2024

Last sale price $607,000 $216 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,901 / mo

Highlights

  • 2 Car Attached Garage
  • Laundry in Utility Room
  • Zoned Heating and Cooling System
  • Bailey Middle School Rated A-

About This Home

As of May 2024

This home is located at 8861 Magnolia Estates Dr, Cornelius, NC 28031 since 12 April 2024 and is currently estimated at $661,669, approximately $235 per square foot. This property was built in 2000. 8861 Magnolia Estates Dr is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Last Agent to Sell the Property

Non Member

Canopy Administration Brokerage Email: noreply@canopyrealtors.com Listed on: 04/12/2024

Last Buyer's Agent

Jayne Cantello

Southern Homes of the Carolinas, Inc License #299110

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.62

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement
  • Dishwasher
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Property is zoned GR
  • Zoned Heating and Cooling System

Community Details

  • Magnolia Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-263-11

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0.62 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 215.63
  • Geocode Confidence: High
  • Attribution Contact: noreply@canopyrealtors.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 853
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1229
  • Appliances: Dishwasher, Refrigerator
  • Above Grade Finished Sq Ft: 2082
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 733
  • Living Area: 2815
  • Bedroom Main: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Zoned
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 005-263-11
  • Zoning: GR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 10, 2024
Sold by
Bought by
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Jayne Cantello
Southern Homes of the Carolinas, Inc
List Price
$607,000
Sold Price
$607,000
Current Estimated Value
$661,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,669
Avg. Annual Appreciation
3.96%
Original Mortgage
$588,790
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2019
Sold by
Bought by

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 15, 2018
Sold by
Bought by
Seller's Agent
Paul Yancey
Southern Homes of the Carolinas, Inc
Buyer's Agent
Spencer Lindahl
Main Street Renewal LLC
List Price
$343,900
Sold Price
$326,500
Premium/Discount to List
-$17,400
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,140
Interest Rate
0.0716%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
0.0802%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$607,000 None Listed On Document
-- Stewart Title
$4,576,000 Bchh Title Inc
-- None Available
-- None Available
$326,500 None Available
$218,000 --
$30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $601,902
Closed $588,790
Previous Owner $50,000
Previous Owner $159,600
Previous Owner $34,000
Previous Owner $174,140
Previous Owner $168,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Sold $607,000 0.0% $216 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $607,000 +85.9% $216 / Sq Ft
06/15/2018 06/15/18 Sold $326,500 -3.7% $116 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Price Changed $339,000 -1.4% $120 / Sq Ft
05/05/2018 05/05/18 Price Changed $343,900 0.0% $122 / Sq Ft
05/05/2018 05/05/18 For Sale $343,900 -4.2% $122 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $359,000 -- $127 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,209 $481,500 $100,000 $381,500
2024 $3,209 $481,500 $100,000 $381,500
2023 $3,156 $481,500 $100,000 $381,500
2022 $2,754 $319,800 $95,000 $224,800
2021 $2,722 $319,800 $95,000 $224,800
2020 $2,681 $314,900 $95,000 $219,900
2019 $2,675 $314,900 $95,000 $219,900
2018 $2,823 $259,300 $75,000 $184,300
2017 $2,800 $259,300 $75,000 $184,300
2016 $2,797 $259,300 $75,000 $184,300
2015 $2,754 $259,300 $75,000 $184,300
2014 $2,752 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Non Member

    NC_CanopyMLS

  • Jayne Cantello

    Buyer's Agent in 2024

    Jayne Cantello

    Southern Homes of the Carolinas, Inc

    (408) 781-0847

    66 Total Sales

    Jayne Cantello
    Section Image
  • Paul Yancey

    Seller's Agent in 2018

    Paul Yancey

    Southern Homes of the Carolinas, Inc

    (704) 287-4696

    80 Total Sales

    Paul Yancey
    Section Image

  • S

    Buyer's Agent in 2018

    Spencer Lindahl

    Main Street Renewal LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: 4142079

Canopy MLS

APN: 005-263-11

North Carolina Mecklenburg County Cornelius 28031

8861 Magnolia Estates Dr, Cornelius, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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