NOT LISTED FOR SALE

9209 Magnolia Estates Dr Cornelius, NC 28031

Estimated Value: $748,247 - $845,000

4 Beds
2.5 Baths
2,815 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $645,000 $229 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,479/month

18 Days on Market

Highlights

  • Private Lot
  • Creek On Lot
  • Marble Flooring
  • Bailey Middle School Rated A-
  • Wooded Lot
  • Walk-In Pantry

About This Home

As of October 2021

Rare gem in the heart of Lake Norman secluded on an acre of land! Fully updated brick home sits far back from quiet street overlooking a creek and park-like setting with mature trees and landscape. Easy walking distance to everything, yet so private you feel you are in the country! Private large rear yard, fully fenced with fire pit and its own gated entry onto the brand new greenway leading to Birkdale! Oversized home-office or recreation space with its own stairway. The kitchen has granite counters, updated appliances and is open to the breakfast and family room with a wood-burning fireplace. Spacious living and dining rooms for additional flex space. New solid hardwood flooring throughout the main level. New 12x32 solid PVC deck. New 12x16 outbuilding. New windows, freshly updated bathrooms, new carpets, new paint inside and out, new Hardie siding, new gutters, recently new HVAC and roof. Oversized 2 car garage with workspace. No HOA! Pet and smoke-free. Agent related to seller.

Last Agent to Sell the Property

Jenny Allen

Southern Homes of the Carolinas, Inc License #270951 Listed on: 07/30/2021

Last Buyer's Agent

Dennis Bartholomew

Bartholomew Real Estate LLC License #239685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Creek On Lot
  • Fire Pit
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 005-243-04

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92143
  • Ratio Close Price By Original Li: 0.86000
  • Ratio Current Price By Acre: 645000.00
  • Ratio Current Price By Sq Ft: 229.13
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: g-Sealed Crawl Space
  • Upper Level Sq Ft: 1433
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Disposal, Microwave, Security System
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Exterior ring camera system
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1382
  • Total Sq Ft: 2815

Exterior Features

  • Construction: Brick Full, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water, Filtration System
  • Water Heater: Gas

Schools

  • Elementary School: Cornelius
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Creekfront, Private, Trees, Wooded
  • Lot Size Area: 1.000
  • Parcel Number: 005-243-04
  • Zoning Specification: GR

Tax Info

  • Tax Value: 331800.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 13, 2021
Sold by
Eicher John D and Eicher Linda M
Bought by
Kent Heath M and Kent Victoria B
Seller's Agent
Jenny Allen
Southern Homes of the Carolinas, Inc
Buyer's Agent
Dennis Bartholomew
Bartholomew Real Estate LLC
List Price
$750,000
Sold Price
$645,000
Premium/Discount to List
-$105,000
-14%
Current Estimated Value
$791,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,062
Avg. Annual Appreciation
5.18%
Original Mortgage
$425,000
Outstanding Balance
$387,560
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$403,502

Purchase Details

Closed on
Dec 17, 1996
Sold by
Kent Iii James E
Bought by
Eicher John D and Eicher Linda M
Source: Public Records

Range of Values:

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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
Kent Heath M $645,000 None Available
Eicher John D $204,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Heath M $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $645,000 -7.9% $229 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $700,000 -6.7% $249 / Sq Ft
07/30/2021 07/30/21 For Sale $750,000 -- $266 / 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 $3,963 $627,300 $100,000 $527,300
2024 $3,963 $596,400 $100,000 $496,400
2023 $3,898 $596,400 $100,000 $496,400
2022 $2,894 $336,200 $95,000 $241,200
2021 $2,820 $336,200 $95,000 $241,200
2020 $2,860 $331,800 $95,000 $236,800
2019 $2,817 $331,800 $95,000 $236,800
2018 $2,859 $262,600 $75,000 $187,600
2017 $2,836 $262,600 $75,000 $187,600
2016 $2,832 $262,600 $75,000 $187,600
2015 $2,789 $262,600 $75,000 $187,600
2014 $2,787 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3765013

Canopy MLS (Canopy Realtor® Association)

APN: 005-243-04