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Terra Vista Realty
10125 Westmoreland Road
10125 Westmoreland Road, Unit 3 G
$324,163 (our value guesstimate)
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Cornelius, NC 28031 ▪  (MLS # 3592940)
Built: 2007  ▪   Primary on Main
2 bed  ▪  2 full bath  ▪  1,216 Sq Ft
Sold for $185,000 on Apr 03, 2020
10125 Westmoreland Road, Unit 3 G
$324,163 (our value guesstimate)
Cornelius, NC 28031 ▪  (MLS # 3592940)
Built: 2007  ▪   Primary on Main
2 bed  ▪  2 full bath  ▪  1,216 Sq Ft
Sold for $185,000 on Apr 03, 2020
SOLD APR 3, 2020
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$185,000  (sales price)
2 bed  ▪  2 full bath  ▪  1,216 Sq Ft
10125 Westmoreland Road
Cornelius, NC 28031 (MLS # 3592940)
Built: 2007  ▪   Primary Bedroom on Main
Complex Name: The Terraces At Oakhurst
Cornelius, NC / 28031

Our Value Guesstimate (from Computer Algorithm): $324,163

Our computer algorithm has estimated that this home would be likely to sell in a range between $275,539 and $372,787.
Sale Details
Sales Price: $185,000
Closed: Apr 3, 2020 (1,456 days ago)
List Price: $215,000
Sold for: 86% of list price
Cumulative Days on Market: 6
Price/Sq Ft: $152
Remarks - 10125 Westmoreland Road, Unit 3 G
(from previous listing) This is the top of the Terraces! This beautiful, freshly painted, fully updated penthouse with sweeping views from the balcony is available now. Relax and enjoy your morning coffee and watch the sun rise from this prime location. There are hardwood floors throughout, granite counter tops, updated lighting, new bathroom fixtures and the privacy of a third floor corner. You will love the excellent amenities of the neighborhood. Stroll through the park, explore the walking trails, lounge at th ...
Continue reading

General Info - MLS # 3592940
Parking: Other
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Condo
Location: Cornelius / Mecklenburg County
Area Schools
10/10
J.V. Washam Elementary School
Distance: 0.5 mi
10/10
Bailey Middle School
Distance: 1.5 mi
10/10
William Amos Hough High School
Distance: 2.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Complex Name: The Terraces at Oakhurst
Subdivision: Oakhurst
Community Features: Club House, Elevator, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
04/03/2020: MLS Sold for $185,000 (Canopy MLS)
Cumulative Days on Market: 6
More details

County Tax Data
2023 County Tax Assessment: $238,776
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $1,587

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

28031 ZIP Code Trends
28031 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28031 is the 30th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28031 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

16
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 16 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

21%
Of Recently Sold Homes
Over Asking Price
21% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

46%
of Available Homes
Are Under Contract
46% of previously owned 28031-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28031 Area Metro Area
1-year - 5% + 2%
2-year + 5% + 2%
5-year +66% +66%
The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

16
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 16 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

20%
Of Recently Sold Homes
Over Asking Price

20% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

Price Per Square Foot Change
Period 28031
Area
Metro
Area
1-year - 5% + 2%
2-year + 5% + 2%
5-year +66% +66%

The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

46%
of Available Homes
Are Under Contract

46% of previously owned 28031-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $324,163

Our computer algorithm has estimated that this home would be likely to sell in a range between $275,539 and $372,787.


Sale Details
Sales Price: $185,000
Closed: Apr 3, 2020 (1,456 days ago)
List Price: $215,000
Sold for: 86% of list price
Cumulative Days on Market: 6
Price/Sq Ft: $152
Remarks
(from previous listing) This is the top of the Terraces! This beautiful, freshly painted, fully updated penthouse with sweeping views from the balcony is available now. Relax and enjoy your morning coffee and watch the sun rise from this prime location. There are hardwood floors throughout, granite counter tops, updated ...
Continue reading

General Info - MLS 3592940
Parking: Other
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Condo
Location: Cornelius / Mecklenburg County
Neighborhood Info
Complex Name: The Terraces at Oakhurst
Subdivision: Oakhurst
Community Features: Club House, Elevator, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
04/03/2020: MLS Sold for $185,000 (Canopy MLS)
Cumulative Days on Market: 6
More details

Area Schools
10/10
J.V. Washam Elementary School
Distance: 0.5 mi
10/10
Bailey Middle School
Distance: 1.5 mi
10/10
William Amos Hough High School
Distance: 2.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the The Terraces At Oakhurst neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Glenridge, The Reserve At Washam Potts, and Weatherstone.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.