8407 Westmoreland Lake Dr
Cornelius, NC 28031
3 bd 3 ba 2,313 sqft Built 2007 Lot 4,704 sqft single_family
Most recent sale
$525,000
Apr 23, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 23, 2024 | Sold | $525,000 | CanopyMLS |
| Feb 5, 2024 | Price changed | $515,000 | CanopyMLS |
| Jan 10, 2024 | Price changed | $525,000 | CanopyMLS |
| Dec 20, 2023 | Listed | $530,000 | CanopyMLS |
| Jul 30, 2021 | Sold | $415,000 | Public Record |
| Mar 5, 2016 | Sold | $275,000 | CanopyMLS |
| Nov 13, 2015 | Price changed | $279,000 | CanopyMLS |
| Oct 13, 2015 | Listed | $285,000 | CanopyMLS |
| Sep 30, 2015 | Listing removed | $295,000 | CanopyMLS |
| Sep 18, 2015 | Price changed | $295,000 | CanopyMLS |
| Jun 11, 2015 | Listed | $299,000 | CanopyMLS |
| Jan 15, 2008 | Sold | $273,000 | Public Record |
| Aug 7, 2007 | Sold | $46,000 | Public Record |
| Sep 23, 2002 | Sold | $2,850,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $390,500 | $90,000 | $480,500 | $3,202 |
| 2023 | $390,500 | $90,000 | $480,500 | $3,149 |
| 2022 | $213,900 | $85,500 | $299,400 | $2,581 |
| 2021 | $213,900 | $85,500 | $299,400 | $2,551 |
| 2020 | $213,900 | $85,500 | $299,400 | $2,551 |
| 2019 | $213,900 | $85,500 | $299,400 | $2,545 |
| 2018 | $194,700 | $50,000 | $244,700 | $2,665 |
| 2017 | $194,700 | $50,000 | $244,700 | $2,644 |
| 2016 | $194,700 | $50,000 | $244,700 | $2,640 |
| 2015 | $194,700 | $50,000 | $244,700 | $2,600 |
| 2014 | $194,700 | $50,000 | $244,700 | $2,598 |
| 2013 | $194,700 | $50,000 | $244,700 | $2,598 |
| 2012 | $194,700 | $50,000 | $244,700 | $2,540 |
| 2011 | $194,700 | $50,000 | $244,700 | $2,624 |
| 2010 | — | $35,000 | $35,000 | $2,579 |
| 2009 | — | $35,000 | $35,000 | $2,579 |
| 2008 | — | $35,000 | $35,000 | $389 |
| 2007 | — | $35,000 | $35,000 | $389 |
Property facts
Year built
2007
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,313 sqft
Lot size
4,704 sqft
ZIP code
28031
City
Cornelius
Street
Westmoreland Lake Dr
Coordinates
35.46715, -80.88626
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,123
Gross rental yield
7.14%
Implied cap rate
4.64%
Trend-extrapolated value
—
Frequently asked questions
When did 8407 Westmoreland Lake Dr last sell?
8407 Westmoreland Lake Dr most recently sold on Apr 23, 2024 for $525,000.
What is the current tax assessment for 8407 Westmoreland Lake Dr?
The most recent total assessment for 8407 Westmoreland Lake Dr (year 2024) is $480,500 with $3,202 in property tax.
How does 8407 Westmoreland Lake Dr's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $525,000.
When was 8407 Westmoreland Lake Dr built?
8407 Westmoreland Lake Dr was built in 2007.
How does 8407 Westmoreland Lake Dr compare to others on Westmoreland Lake Dr?
We track 8 other properties on Westmoreland Lake Dr. Browse the list under "Other properties on Westmoreland Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 8407 Westmoreland Lake Dr?
8407 Westmoreland Lake Dr is a 3 bed, 3 bath, 2,313 sqft, 4,704 sqft lot single_family.
Is 8407 Westmoreland Lake Dr a flip candidate?
No — 8407 Westmoreland Lake Dr does not appear in our flips dataset.
Is 8407 Westmoreland Lake Dr a tax-appeal candidate?
No — 8407 Westmoreland Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$940.7K
2026 Q4
$929.4K