20318 Norman Colony Rd, Cornelius, NC, 28031

$1,700,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
4,054 SqFt
$419/SqFt
House
Schools Nearby

Location

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20318 Norman Colony Rd, Cornelius$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage
Attached GarageYes
Year Built1983
HeatingHeat Pump, Natural Gas
CoolingCeiling Fan(s), Central Air, Heat Pump
BasementYes
FireplaceGas
MLS #4111270
StatusActive

About 20318 Norman Colony Rd

LAKE FRONT living at its finest in sought-after Norman Colony! Stunning home offers a unique blend of luxury & comfort. Rock landscaping borders & walkways add to the home's curb appeal. Cypress walls add warmth & character throughout. Entertain in style w/outdoor kitchen & wine cellar, perfect for hosting gatherings & enjoying the beautiful lake views. Spacious rec room provides space for relaxation & fun & great room w/bar provides yet another perfect spot for socializing. Natural light floods the interior, creating a bright & inviting atmosphere. Main level primary ensuite offers convenience & privacy. Property bursts to life in the spring w/vibrant azaleas & dogwoods, creating a picturesque setting. Nestled on a quiet dead-end loop, this one-street neighborhood offers tranquility & peace. Wonderful neighbors & small-town feel, surrounded by new homes & excellent school district. Easy access to I-77 & walking distance to most of your conveniences. Schedule your private tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 4,054 SqFt

Listing Office:

  • Office Name: Keller Williams South Park

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Prewire
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage

Virtual/3D Tour

  • 3D Tour: 20318 Norman Colony Rd

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Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump

School Info

Assigned Schools Information:

  • William Amos Hough High School, Public District Grades 9-12
  • Bailey Middle School, Public District Grades 6-8
  • Cornelius Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $419/SqFt

Tax Information:

  • Annual Amount: $8,021
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cornelius, NC.

Med. Sold Price

$530.8K

Med. Price/SqFt

$270

Avg. Days On Market

56

# of Sold Homes

48

20318 Norman Colony Rd vs Cornelius

65 DAYS ON ROCKET

+9 Days

$1,700,000

+$1.1M More

$419/SqFt

+$149 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $149/SqFt more than other homes in Cornelius, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4111270

Listing Office:

  • Office Name: Keller Williams South Park

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 11:51:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 28, 1999Home Sold
$386,500
Jul 02, 1990Home Sold
$389,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,021$956,100
2020$8,054$956,100
2018$7,698$711,500

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1016889
6
/10
  • Cornelius Elementary School

  • 21126 Catawba Ave

  • 1.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1016890
9
/10
  • Bailey Middle School

  • 11900 Bailey Rd

  • 3.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1016891
8
/10
  • William Amos Hough High School

  • 12420 Bailey Rd

  • 3.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,310. The majority of Cornelius, NC residents have income $200k+ annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20318 Norman Colony Rd

What is the listing price of this property?

The listing price of 20318 Norman Colony Rd property is $1,700,000.

What type of property is this?

The property 20318 Norman Colony Rd is a house located in Cornelius, North Carolina, 28031.

Is this property for sale now?

Active Listing: 20318 Norman Colony Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 20318 Norman Colony Rd are:
Cornelius Elementary School: GreatSchools Rating 6/10
Bailey Middle School: GreatSchools Rating 9/10
William Amos Hough High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,021 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 28, 1999 for $386,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20318 Norman Colony Rd has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 20318 Norman Colony Rd is 4,054 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20318 Norman Colony Rd is 1983.

Rocket HomesNorth CarolinaMecklenburg CountyCornelius2803120318 Norman Colony Rd

This home is located at 20318 Norman Colony Rd in Cornelius, NC and zip code 28031 in the Norman Colony neighborhood. This 4,054 square foot home was built in 1983. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $1,700,000.

Over 12 listings were sold over their listed price in March 2024 in Cornelius, NC. In the same period over 23 listings were sold below the listed price and 13 listings were sold for the listed price. The number of listings in Cornelius, NC increased by 1.9% between February 2024 and March 2024. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $530,853.

From Rocket Homes Real Estate and based on county public records data.

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