$860,000
SOLD JAN 27, 2025

21216 Rio Oro Dr Cornelius, NC 28031

2 Beds
2 Baths
1,269 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$678 Per Sq Ft

4% Below List Price

28 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • 1-Story Property
  • Bailey Middle School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of January 2025

Welcome to this slice of Key West on Lake Norman in Bahia Bay! This lake home is perfect for everyday living, or a second get-away-from-it-all home. An open kitchen and great room area create an inviting space for entertaining. Two bedrooms, a bonus/flex room, and two full bathrooms complete the home. Enjoy water views day or night from your covered deck or the dock. A very quick boat ride, paddle board, or kayak trip will bring you to a large open cove where you can go visit Hello Sailor, or view a sunset, or get to the main channel easily. Bahia Bay features a neighborhood lake access lot with a boat launch, dock, grill, picnic tables, & a swimming area. Enjoy Cornelius to the fullest from this central location: restaurants, shops, groceries, are all within minutes. Easy access to I-77 North & South makes it easy to get to other parts of the lake & Charlotte. Imagine waking up and spending your days on the lake, & coming home to your lakefront paradise!

Last Agent to Sell the Property

Chelsea Pegram

Southern Charm Realty & Retreats INC Brokerage Email: Chelsea@SoCharm.com License #310171

Last Buyer's Agent

Chelsea Pegram

Southern Charm Realty & Retreats INC Brokerage Email: Chelsea@SoCharm.com License #310171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,074

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Property is zoned GR

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 3 Open Parking Spaces

Outdoor Features

  • Access To Lake

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Bahia Bay Hoa, Mary Ann Merkel Association, Phone Number (980) 674-9440
  • Bahia Bay Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-297-40

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,074

Year Built

Built in 1978

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 677.70
  • Geocode Confidence: High
  • Attribution Contact: Chelsea@SoCharm.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1269
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Above Grade Finished Sq Ft: 1269
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Insert, Living Room
  • Living Area: 1269
  • Bedroom Main: 2
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Bahia Bay HOA, Mary Ann Merkel
  • Phone: 980-674-9440
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 75.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 001-297-40
  • Zoning: GR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $860,000 -2.8% $678 / Sq Ft
10/07/2024 10/07/24 Price Changed $885,000 -1.7% $697 / Sq Ft
09/14/2024 09/14/24 For Sale $900,000 -- $709 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,074 $877,500 $675,000 $202,500
2022 $4,074 $485,600 $337,500 $148,100
2021 $4,074 $485,600 $337,500 $148,100
2020 $4,074 $485,600 $337,500 $148,100
2019 $4,107 $485,600 $337,500 $148,100
2018 $3,922 $361,200 $280,000 $81,200
2017 $3,891 $361,200 $280,000 $81,200
2016 $3,888 $361,200 $280,000 $81,200
2015 $3,830 $361,200 $280,000 $81,200
2014 $3,828 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $290,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Available
Warranty Deed -- None Available
Deed -- --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4180870

Canopy MLS (Canopy Realtor® Association)

APN: 001-297-40