NOT LISTED FOR SALE

123 Torrence Chapel Rd Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $1,406,000 - $2,076,000

5 Beds
6 Baths
3,865 Sq Ft
$481/Sq Ft Est. Value

About This Home

This home is located at 123 Torrence Chapel Rd, Mooresville, NC 28117 and is currently estimated at $1,858,607, approximately $480 per square foot. 123 Torrence Chapel Rd is a home located in Iredell County with nearby schools including Woodland Heights Elementary School and Lake Norman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Wellborn William B and Wellborn Gayle F
Bought by
Wellborn Family Revocable Living Trust and Wellborn
Current Estimated Value
$1,858,607

Purchase Details

Closed on
Jun 20, 2014
Sold by
Vonschaumburg Edward J and Von Schaumburg Kristin A
Bought by
Wellborn William B and Wellborn Gayle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,200
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2006
Sold by
Kenneth Bealer Homes Inc
Bought by
Vonschaumburg Edward J and Von Schaumburg Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2004
Sold by
The Point On Norman Llc
Bought by
Kenneth Bealer Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,380
Interest Rate
5.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wellborn Family Revocable Living Trust -- None Listed On Document
Wellborn William B $769,000 None Available
Vonschaumburg Edward J $680,000 None Available
Kenneth Bealer Homes Inc $63,000 --
Kenneth Bealer Homes Inc $68,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellborn William B $525,000
Previous Owner Wellborn William B $615,200
Previous Owner Vonschaumburg Edward J $485,000
Previous Owner Vonschaumburg Edward J $450,000
Previous Owner Vonschaumburg Edward James $125,000
Previous Owner Vonschaumburg Edward J $325,000
Previous Owner Kenneth Bealer Homes Inc $61,380
Previous Owner Kenneth Bealer Homes Inc $56,700
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $7,537 $1,267,310 $160,000 $1,107,310
2023 $7,537 $1,267,310 $160,000 $1,107,310
2022 $5,155 $812,010 $100,000 $712,010
2021 $4,941 $778,420 $100,000 $678,420
2020 $4,941 $778,420 $100,000 $678,420
2019 $4,774 $764,010 $100,000 $664,010
2018 $4,610 $762,840 $100,000 $662,840
2017 $4,610 $762,840 $100,000 $662,840
2016 $4,610 $762,840 $100,000 $662,840
2015 $4,610 $762,840 $100,000 $662,840
2014 $4,099 $729,240 $100,000 $629,240
Source: Public Records

Map

North Carolina Iredell County Mooresville 28117 Lake Norman

123 Torrence Chapel Rd, Mooresville, NC

This home is located at 123 Torrence Chapel Rd, Mooresville, NC 28117 and is currently estimated at $1,858,607, approximately $480 per square foot. 123 Torrence Chapel Rd is a home located in Iredell County with nearby schools including Woodland Heights Elementary School and Lake Norman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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