19121 Berkley Commons Dr Cornelius, NC 28031

5 beds · 3 baths · 3,582 sq ft · Lot Size: 13,068 sq ft · Single Family Home
Est. Property Value: $794,663

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

19121 Berkley Commons Dr is in the 28031 neighborhood of Cornelius, NC. It is located in Mecklenburg County and ZIP code 28031. This Single Family Home was built in 2004 and is approximately 21 years old. The single family home spans 3582 sq ft with 5 bedrooms and 3 bathrooms and sits on a 13068 sq ft lot. According to public records, it was last sold in 2007 for $445,500 and has a tax-assessed value of $681,500, which is $222 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 19121 Berkley Commons Dr Cornelius, NC 28031 with Property Intel by Whitepages.

19121 Berkley Commons Dr

Cornelius, NC 28031

Neighborhood

Owners & Occupancy for 19121 Berkley Commons Dr

No contact information is available.

Occupancy

Resident 1*************************
Resident 2*********************** age 31
Resident 3********************** age 59
Resident 4****************** age 61

Property Financials for 19121 Berkley Commons Dr

19121 Berkley Commons Dr, Cornelius, NC has a mortgage from Allen Tate Mtg Svcs (orig. January 25, 2021). The Mecklenburg county assessment for 2024 values it at $681,500, with annual taxes of $4,522.

Mortgage & Equity Information

Loan Amount$******
LenderAllen Tate Mtg Svcs
Origination DateJanuary 25, 2021
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateJuly 10, 2007
Property Tax Amount$4,522 in 2024
Purchase Price$445,500
Assessed Value$681,500 on 2024

Investment Potential for 19121 Berkley Commons Dr

The property has a current estimated value of $794,663, which is 15% below the zip median, based on public records. It last sold on July 10, 2007 for $446K. Projected long-term
is $40,800 annually ($3,400 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 28031.

Long-Term

Gross Rental
$40,800 per year($3,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 28031 zip code
 
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Property Details for 19121 Berkley Commons Dr

Property Details

Property Sq Ft

Living Area

3,582 sq ft

10% above market

Lot Size

13,068 sq ft

15% below market

Price Per Sq Ft

Living Area

$222 / sq ft

22% below market

Lot Size Area

$61 / sq ft

10% below market

Property condition, age, exterior, etc. for 19121 Berk…
Longitude: -80.896919 Latitude: 35.476744 Parcel Number (APN): 001-107-40…

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Market Benchmarks

Compare data for 19121 Berkley Commons Dr in Mecklenburg County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$794,663
$437,153
$357,509 (82%)
$583,318
$649,448 (111%)
YoY Price Change
1.98%
-768%
Year Built
2004
2000
4 years
Living Space
3,582 sq ft
2,660 sq ft
922 (35%)
$ Per Living Sq Ft
$222
$165
$57 (34%)
Lot Size
13,068 sq ft
19,733 sq ft
-6665 (-34%)
$ Per Lot Sq Ft
$61
$24
$37 (153%)

Net Operating Income
$22,208
$2,856 (13%)
Annual Revenue
$40,800
$33,000
$7,800 (24%)
$10,249
$5,487 (54%)
Net Operating Income
$22,208
$2,856 (13%)
Cap Rate
5.29%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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