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20025 North Cove Rd

Cornelius, NC 28031

3 bd 3 ba 1,929 sqft Built 1999 condos
Most recent sale
$557,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $557,000 MLS #3873200
Jun 29, 2022 Price changed $564,999 MLS #3873200
Jun 17, 2022 Listed $574,999 MLS #3873200
Jan 1, 2013 Listing removed $1,350 CanopyMLS
Nov 19, 2012 Listed for rent $1,350 CanopyMLS
Oct 24, 2012 Sold $239,900 MLS #2085065
Jun 18, 2012 Listing removed $1,350 CanopyMLS
Jun 14, 2012 Sold $240,000 Public Record
Jun 13, 2012 Listed for rent $1,350 CanopyMLS
May 15, 2012 Listed $248,500 MLS #2085065
Jun 30, 2011 Listing removed $280,000 CanopyMLS
Mar 10, 2011 Price changed $280,000 MLS #988260
Dec 3, 2010 Listed $300,000 MLS #988260
Apr 4, 2006 Sold $239,000 Public Record
Aug 7, 2003 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $509,746 $509,746 $3,448
2024 $509,746 $509,746 $3,394
2023 $509,746 $509,746 $3,338
2021 $316,500 $316,500 $2,694
2020 $316,500 $316,500 $2,695
2019 $316,500 $316,500 $2,689
2018 $194,800 $45,000 $239,800 $2,444
2017 $194,800 $45,000 $239,800 $2,592
2016 $194,800 $45,000 $239,800 $2,588
2015 $194,800 $45,000 $239,800 $2,549
2014 $194,800 $45,000 $239,800 $2,547
2013 $198,800 $50,000 $248,800 $2,642
2012 $198,800 $50,000 $248,800 $2,583
2011 $198,800 $50,000 $248,800 $2,669
2010 $192,200 $70,000 $262,200 $2,935
2009 $192,200 $70,000 $262,200 $2,935
2008 $192,200 $70,000 $262,200 $2,935
2007 $192,200 $70,000 $262,200 $2,932

Property facts

Year built
1999
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,929 sqft
Lot size
ZIP code
28031
City
Cornelius
Street
North Cove Rd
Coordinates
35.47966, -80.89627

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,604
Gross rental yield
5.61%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 20025 North Cove Rd last sell?
20025 North Cove Rd most recently sold on Aug 12, 2022 for $557,000.
What is the current tax assessment for 20025 North Cove Rd?
The most recent total assessment for 20025 North Cove Rd (year 2025) is $509,746 with $3,448 in property tax.
How does 20025 North Cove Rd's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $557,000.
When was 20025 North Cove Rd built?
20025 North Cove Rd was built in 1999.
How does 20025 North Cove Rd compare to others on North Cove Rd?
We track 7 other properties on North Cove Rd. Browse the list under "Other properties on North Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 20025 North Cove Rd?
20025 North Cove Rd is a 3 bed, 3 bath, 1,929 sqft condos.
Is 20025 North Cove Rd a flip candidate?
No — 20025 North Cove Rd does not appear in our flips dataset.
Is 20025 North Cove Rd a tax-appeal candidate?
No — 20025 North Cove 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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