NOT LISTED FOR SALE

9509 Westmoreland Rd Unit 3 Cornelius, NC 28031

Estimated Value: $480,000 - $768,000

0.76 Acre
$785,116 Price per Acre
32,975 Sq Ft Lot

Last Sold May 18, 2022

Last sale price $395,000

Est. 50% increase in value since last sale

Current estimated payment $3,351/month

7 Days on Market

About This Lot

As of May 2022

Wow! Fantastic flat cleared .75 acre lot in a great location. This lot can be sub-divided, each lot then can have either a duplex or single family home built on it. This is a great Investment opportunity! For questions on land use go to www.Cornelius.org/LDC Hurry, this property wont last long.

Last Agent to Sell the Property

Lou Sorrento

Sorrento Realty Group LLC License #247547 Listed on: 04/02/2022

Last Buyer's Agent

Danny Edwards

RE/MAX Executive License #189750

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,513

Lot Details

  • Lot Dimensions are 182x180x182x180
  • Possible uses of the property include Multi-Family, Residential, Other
  • Zoning described as NR

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 005-142-14

Property Details

Property Type

Land

Est. Annual Taxes

$2,513

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 526666.67
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Multi-Family, Residential, Other

Exterior Features

  • Tax Location: Cornelius

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: Public, Tap Fee Required

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 005-142-14
  • Out Buildings Yn: 0
  • Can Be Subdivided: 1
  • Cleared Acres: 0.75
  • Lot Size: 182x180x182x180
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 4.92593

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 11, 2022
Sold by
Burris Jackie W
Bought by
Finch Paul
Seller's Agent
Lou Sorrento
Sorrento Realty Group LLC
Buyer's Agent
Danny Edwards
RE/MAX Executive
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$594,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,333
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Dec 30, 2003
Sold by
Burris John Sidney and Burris Jackie Washam
Bought by
The Charlotte Mecklenburg Br Education

Purchase Details

Closed on
Oct 16, 1984
Bought by
Burris John S and Burris Jackie W
Source: Public Records

Range of Values:

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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
Finch Paul $395,000 Thebeau & Associates Pa
The Charlotte Mecklenburg Br Education $154,000 --
Burris John S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $395,000 -1.0% --
04/09/2022 04/09/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $399,000 -- --
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 $2,513 $382,900 $382,900 --
2024 $2,513 $382,900 $382,900 --
2023 $2,474 $382,900 $382,900 $0
2022 $688 $81,000 $81,000 $0
2021 $680 $81,000 $81,000 $0
2020 $680 $81,000 $81,000 $0
2019 $680 $81,000 $81,000 $0
2018 $385 $35,700 $35,700 $0
2017 $382 $35,700 $35,700 $0
2016 $382 $35,700 $35,700 $0
2015 $377 $35,700 $35,700 $0
2014 $377 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3845451

Canopy MLS (Canopy Realtor® Association)

APN: 005-142-14