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8948 Cinnabay Dr

Charlotte, NC 28216

2 bd 3 ba 1,237 sqft Built 1997 Lot 2,352 sqft townhomes
Most recent sale
$270,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $270,000 MLS #3852871
Apr 23, 2022 Listed $259,900 MLS #3852871
Apr 22, 2022 Listed $269,900 MLS #3843342
Mar 21, 2022 Sold $170,000 Public Record
Jan 4, 2018 Listing removed $1,300 AppfolioUnits
Dec 14, 2017 Listing removed $1,300 AppfolioUnits
Dec 14, 2017 Listed for rent $1,300 AppfolioUnits
Dec 6, 2017 Listed for rent $1,300 AppfolioUnits
Sep 1, 2016 Sold $106,000 Public Record
Oct 14, 2010 Listing removed $105,000 CanopyMLS
Oct 1, 2010 Listing removed $925 CanopyMLS
Aug 31, 2010 Listed for rent $925 CanopyMLS
Mar 12, 2010 Listed $105,000 MLS #923982
Dec 1, 2009 Listing removed $113,500 CanopyMLS
Aug 26, 2009 Price changed $113,500 MLS #852482
Apr 16, 2009 Listed $115,400 MLS #852482
Jul 3, 1997 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $202,000 $60,000 $262,000 $2,183
2024 $202,000 $60,000 $262,000 $2,137
2023 $202,000 $60,000 $262,000 $2,060
2022 $106,000 $30,000 $136,000 $1,437
2021 $106,000 $30,000 $136,000 $1,426
2020 $106,000 $30,000 $136,000 $1,419
2019 $106,000 $30,000 $136,000 $1,403
2018 $74,200 $18,000 $92,200 $1,283
2017 $74,200 $18,000 $92,200 $1,256
2016 $74,200 $18,000 $92,200 $1,246
2015 $74,200 $18,000 $92,200 $1,235
2014 $74,200 $18,000 $92,200 $1,223
2013 $74,200 $18,000 $92,200 $1,223
2012 $74,300 $18,000 $92,300 $1,172
2011 $74,300 $18,000 $92,300 $1,199
2010 $77,700 $16,000 $93,700 $1,257
2009 $77,700 $16,000 $93,700 $1,257
2008 $77,700 $16,000 $93,700 $1,257
2007 $77,700 $16,000 $93,700 $1,254

Property facts

Year built
1997
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,237 sqft
Lot size
2,352 sqft
ZIP code
28216
City
Charlotte
Street
Cinnabay Dr
Coordinates
35.34366, -80.87115

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,670
Gross rental yield
7.42%
Implied cap rate
4.82%
Trend-extrapolated value

Frequently asked questions

When did 8948 Cinnabay Dr last sell?
8948 Cinnabay Dr most recently sold on Jun 3, 2022 for $270,000.
What is the current tax assessment for 8948 Cinnabay Dr?
The most recent total assessment for 8948 Cinnabay Dr (year 2025) is $262,000 with $2,183 in property tax.
How does 8948 Cinnabay Dr's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $270,000.
When was 8948 Cinnabay Dr built?
8948 Cinnabay Dr was built in 1997.
How does 8948 Cinnabay Dr compare to others on Cinnabay Dr?
We track 8 other properties on Cinnabay Dr. Browse the list under "Other properties on Cinnabay Dr" to compare beds, baths, and sale history.
What are the property facts for 8948 Cinnabay Dr?
8948 Cinnabay Dr is a 2 bed, 3 bath, 1,237 sqft, 2,352 sqft lot townhomes.
Is 8948 Cinnabay Dr a flip candidate?
Yes — 8948 Cinnabay Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8948 Cinnabay Dr a tax-appeal candidate?
No — 8948 Cinnabay Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$705.4K
2026 Q4
$723.5K
ZIP 28216 — Median Price History + Forecast

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