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20725 Rio Oro Dr

Cornelius, NC 28031

4 bd 3 ba 2,598 sqft Built 1968 Lot 10,019 sqft single_family
Most recent sale
$1,550,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $1,550,000 MLS #3848396
May 16, 2022 Relisted $1,500,000 MLS #3848396
Apr 15, 2022 Listed $1,500,000 MLS #3848396
Oct 6, 2020 Price changed $875,000 MLS #3644022
Sep 9, 2020 Price changed $895,000 MLS #3644022
Aug 20, 2020 Listed $925,000 MLS #3644022
Aug 27, 2018 Listing removed $2,975 CanopyMLS
Jun 25, 2018 Listed for rent $2,975 CanopyMLS
Sep 30, 2016 Listing removed $2,300 CanopyMLS
Aug 29, 2016 Listed for rent $2,300 CanopyMLS
Sep 4, 2015 Sold $365,000 Public Record
Jun 22, 2015 Listing removed $428,000 CanopyMLS
Jun 7, 2015 Price changed $428,000 MLS #3047900
May 30, 2015 Price changed $435,000 MLS #3047900
May 20, 2015 Price changed $445,000 MLS #3047900
May 14, 2015 Price changed $455,000 MLS #3047900
Apr 27, 2015 Price changed $469,000 MLS #3047900
Nov 18, 2014 Listed $475,000 MLS #3047900
Jun 1, 1983 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $559,700 $750,000 $1,309,700 $8,774
2024 $559,700 $750,000 $1,309,700 $8,643
2023 $559,700 $750,000 $1,309,700 $8,507
2022 $181,200 $337,500 $518,700 $4,442
2021 $228,200 $337,500 $565,700 $4,785
2020 $208,600 $337,500 $546,100 $4,785
2019 $208,600 $337,500 $546,100 $4,615
2018 $51,200 $280,000 $331,200 $3,599
2017 $51,200 $280,000 $331,200 $3,570
2016 $51,200 $280,000 $331,200 $3,567
2015 $51,200 $280,000 $331,200 $3,513
2014 $51,200 $280,000 $331,200 $3,511
2012 $88,600 $280,000 $368,600 $3,820
2011 $134,400 $350,000 $484,400 $5,182
2010 $94,300 $190,000 $284,300 $3,181
2009 $94,300 $190,000 $284,300 $3,181
2008 $94,300 $190,000 $284,300 $3,181
2007 $94,300 $190,000 $284,300 $3,178

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,598 sqft
Lot size
10,019 sqft
ZIP code
28031
City
Cornelius
Street
Rio Oro Dr
Coordinates
35.49730, -80.89004

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 20725 Rio Oro Dr last sell?
20725 Rio Oro Dr most recently sold on May 19, 2022 for $1,550,000.
What is the current tax assessment for 20725 Rio Oro Dr?
The most recent total assessment for 20725 Rio Oro Dr (year 2025) is $1,309,700 with $8,774 in property tax.
How does 20725 Rio Oro Dr's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $1,550,000.
When was 20725 Rio Oro Dr built?
20725 Rio Oro Dr was built in 1968.
How does 20725 Rio Oro Dr compare to others on Rio Oro Dr?
We track 8 other properties on Rio Oro Dr. Browse the list under "Other properties on Rio Oro Dr" to compare beds, baths, and sale history.
What are the property facts for 20725 Rio Oro Dr?
20725 Rio Oro Dr is a 4 bed, 3 bath, 2,598 sqft, 10,019 sqft lot single_family.
Is 20725 Rio Oro Dr a flip candidate?
No — 20725 Rio Oro Dr does not appear in our flips dataset.
Is 20725 Rio Oro Dr a tax-appeal candidate?
No — 20725 Rio Oro 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
-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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