See Home Value
Cornelius 28031
20900 Rio Oro Drive
$991,299*
House - Off Market

20900 Rio Oro Drive

Cornelius, NC 28031
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1841 Sqft
$896,000 - $1,094,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Oct 23, 2001
$200,000
$160,000 by Dover Mtg Company
Mortgage Due Nov 01, 2031
Sold Mar 31, 1999
$190,000
$152,000 by Sunbelt Natl Mtg Corp
Mortgage Due Apr 01, 2029

About This Property

Don't miss out on this inviting cottage, perfect for "lock and go" weekend getaways or making it your permanent home. Situated on a spacious lot with breathtaking Lake Norman views from every window,  ample front porch, ideal for leisurely morning coffees. Enter through the glass front door, to beautiful driftwood-shaded Luxury Vinyl Plank (LVP) flooring. The galley kitchen, a favorite among chefs for its efficiency, boasts white cabinets and an oversized dual composite sink. There's also a flexible space that can easily be converted into a third bedroom.One of the highlights of this property is the expansive covered porch at the back, The lakeside primary bedroom offers stunning views and a comfortable sitting area. Modern barn doors lead to a lower-level suite, complete with a primary bath.The lower level offers ample space for potential additional bedrooms or customized use. This cottage is your ticket to Lake Norman living at one of its most sought-after locations.

The manager has listed the unit size as 1841 square feet.
Unit Size
1,841Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$540
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1980

Price History

Date / Event Date Event Price
Oct 16, 2023 No longer available -
No longer available
Sep 7, 2023 Price Decreased $995,000
↓ $40K (3.9%)
Price Decreased
Aug 18, 2023 Price Decreased $1,035,000
↓ $60K (5.5%)
Price Decreased
Jul 14, 2023 Listed $1,095,000
Listed
Oct 23, 2001 Sold to Holly Ann Millsaps $200,000
Sold to Holly Ann Millsaps
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,406
  • Gross Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,406
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAHIA BAY SEC 01
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L28 M15-165

Ownership

  • Current Owner : MILLSAPS HOLLY ANN
  • Previous Owner : BENTSEN LEE J
  • Owner Before Previous Owner: CLARE MARY H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CORNELIUS
  • Census Tract: 006217

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: 001-29
  • District: 3
  • Parcel: 001-297-59
  • Block: 7
  • Lot: 28
  • Municipality: CORNELIUS
  • Latitude: 35.4981
  • Longitude: -80.8887

    Address

  • Full Address: 20900 Rio Oro Dr
  • Address - House Number: 20900
  • Address - Street Name: Rio Oro
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cornelius
  • Carrier Code: R010
  • 4-Digit Zip Code: 6712
  • Zip Code: 28031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,943
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.0785
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 94
  • Final Value: 981,286
  • High Value: 1,058,361
  • Low Value: 904,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: DOVER MTG COMPANY
  • First Open Lien Mortgage Recording Date: Oct 23, 2001
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $836,500
  • Market Land Value: $600,000
  • Market Improvement Value: $236,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $836,500
  • Assessed Land Value: $600,000
  • Assessed Improvements Value: $236,500

    Sales

  • Current Sale Contract Date: Oct 19, 2001
  • Current Sale Recording Date: Oct 23, 2001
  • Current Sale Transaction ID: 1116841382
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2001182270
  • Previous Sale Recording Date: Mar 31, 1999
  • Previous Sale Contract Date: Mar 31, 1999
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOVER MTG COMPANY
  • First Mortgage Transaction Date: Oct 23, 2001
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT NATL MTG CORP
  • Previous Mortgage Transaction Date: Mar 31, 1999
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
3 Baths
2,476 ft²
$399/ft²
$989,000 Jan 27, 2023
-
$75/mo

About Cornelius


Similar Homes for Sale

Unit for sale at 21112 Rio Oro Drive, Cornelius, NC 28031

$989,000

  • 2 Beds
  • 3 Baths
  • 2,476 ft²
21112 Rio Oro Drive, Cornelius, NC 28031 Listing by John Torres

Nearby Rentals

Unit for rent at 21031 Catawba Avenue, Cornelius, NC, 28031

$1,650 /mo

  • 2 Beds
  • 2 Baths
21031 Catawba Avenue #205, Cornelius, NC, 28031 Listing by Angela Berrong
Unit for rent at 323 Northwest Drive, Davidson, NC, 28036

$1,725 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
323 Northwest Drive, Davidson, NC, 28036 Listing by Mark Biggs
Unit for rent at 623 Old Meeting Way, Davidson, NC, 28036

$1,750 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,200 ft²
623 Old Meeting Way, Davidson, NC, 28036 Listing by Jean Fletcher


Frequently Asked Questions

When was property at 20900 Rio Oro Drive built and last sold?
The property at 20900 Rio Oro Drive was built in 1980 and last sold on Oct 19, 2001 for $200,000.
How much is this home worth?
The estimated value of the home located at 20900 Rio Oro Drive is $1,022,089.
What are some comparable homes to 20900 Rio Oro Drive?
Homes that are comparable to 20900 Rio Oro Drive include a house property at 21112 Rio Oro Drive, located in Cornelius, NC.

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