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12225 Bailey Rd

Cornelius, NC 28031

2 bd 2 ba 1,488 sqft Built 1977 Lot 210,177 sqft single_family
Most recent sale
$645,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $645,000 Public Record
Apr 4, 2022 Price changed $724,900 MLS #3822856
Jan 23, 2022 Listed $699,000 MLS #3822856
Jan 28, 2021 Sold $241,000 Public Record
Apr 2, 1997 Sold $163,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,100 $532,100 $828,200 $6,765
2024 $296,100 $532,100 $828,200 $6,680
2022 $176,800 $225,800 $402,600 $3,691
2021 $176,800 $225,800 $402,600 $3,691
2020 $176,800 $225,800 $402,600 $3,691
2019 $176,800 $225,800 $402,600 $3,199
2018 $136,100 $101,900 $238,000 $2,633
2017 $136,100 $101,900 $238,000 $2,612
2016 $136,100 $101,900 $238,000 $2,601
2015 $136,100 $101,900 $238,000 $2,581
2014 $136,100 $101,900 $238,000 $2,536
2013 $136,100 $101,900 $238,000 $2,536
2012 $136,100 $101,900 $238,000 $2,480
2011 $136,100 $101,900 $238,000 $2,403
2010 $124,900 $95,300 $220,200 $2,312
2009 $124,900 $95,300 $220,200 $2,256
2008 $124,900 $95,300 $220,200 $2,256
2007 $124,900 $95,300 $220,200 $2,246

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,488 sqft
Lot size
210,177 sqft
ZIP code
28031
City
Cornelius
Street
Bailey Rd
Coordinates
35.47064, -80.83327

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,009
Gross rental yield
3.74%
Implied cap rate
2.43%
Trend-extrapolated value

Frequently asked questions

When did 12225 Bailey Rd last sell?
12225 Bailey Rd most recently sold on Jun 1, 2022 for $645,000.
What is the current tax assessment for 12225 Bailey Rd?
The most recent total assessment for 12225 Bailey Rd (year 2025) is $828,200 with $6,765 in property tax.
How does 12225 Bailey Rd's assessment compare to its last sale price?
The current assessment is 28.4% above the last sale price of $645,000.
When was 12225 Bailey Rd built?
12225 Bailey Rd was built in 1977.
How does 12225 Bailey Rd compare to others on Bailey Rd?
We track 8 other properties on Bailey Rd. Browse the list under "Other properties on Bailey Rd" to compare beds, baths, and sale history.
What are the property facts for 12225 Bailey Rd?
12225 Bailey Rd is a 2 bed, 2 bath, 1,488 sqft, 210,177 sqft lot single_family.
Is 12225 Bailey Rd a flip candidate?
Yes — 12225 Bailey Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12225 Bailey Rd a tax-appeal candidate?
No — 12225 Bailey Rd 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
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$940.7K
2026 Q4
$929.4K
ZIP 28031 — Median Price History + Forecast

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