Cornelius, NC 28031,8900 Magnolia Estates DR

$310,000

Est. payment /mo

$299,999

3.3%
Est.Price: ?

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8900 Magnolia Estates DR Cornelius, NC 28031

4 Beds

4 Baths

2,390 SqFt

SOLD DATE : 06/04/2021

Key Details

Sold Price $310,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $129

Subdivision Magnolia Estates

MLS Listing ID 3725726

Sold Date 06/04/21

Style Colonial

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1991

Lot Size 0.440 Acres

Acres 0.44

Property Description

Great investment opportunity with this tenant occupied home. Location of this Cornelius/Lake Norman home is wonderful. Everything is at your fingertips.
Current tenant is MTM and paying under market rent at $1,800 a month. Market rent is $2,200.
This would also be a great owner occupied home for the right buyer who wanted to build instant equity with some renovations. Listed over $125k less than the market to take into account the repairs and updates it needs. This property offers a large level lot. Many options for a dream backyard. This home is being sold as is. No HOA!!

Location

State NC

County Mecklenburg

Interior

Interior Features Other

Heating Central, See Remarks

Flooring Carpet, Laminate

Fireplaces Type Other

Fireplace true

Appliance Other

Exterior

Exterior Feature Fence

Community Features None

Waterfront Description None

Roof Type Composition

Parking Type Driveway, Garage - 2 Car

Building

Lot Description Level

Building Description Brick Partial,Fiber Cement, 2 Story

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Structure Type Brick Partial,Fiber Cement

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Restrictions None

Special Listing Condition None

Read Less

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Listed by Justin Faircloth • Brown & Glenn Realty Co Inc
Bought with Shawn Murphy • Lake Norman Realty, Inc.

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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