NOT LISTED FOR SALE

171 Torrence Chapel Rd Unit 1179 Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $1,236,000 - $1,794,000

4 Beds
5 Baths
3,604 Sq Ft
$401/Sq Ft Est. Value

About This Home

This home is located at 171 Torrence Chapel Rd Unit 1179, Mooresville, NC 28117 and is currently estimated at $1,445,690, approximately $401 per square foot. 171 Torrence Chapel Rd Unit 1179 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
Jul 15, 2021
Sold by
Herrmann Bradley
Bought by
Olson Cody W
Current Estimated Value
$1,445,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Outstanding Balance
$700,118
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$680,466

Purchase Details

Closed on
Jul 8, 2021
Sold by
Herrmann Patricia
Bought by
Herrmann Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Outstanding Balance
$700,118
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$680,466

Purchase Details

Closed on
Aug 20, 2019
Sold by
Herrmann Patricia
Bought by
Herrmann Bradley

Purchase Details

Closed on
Mar 17, 2005
Sold by
Kenneth Bealer Homes Inc
Bought by
Herrmann Bradley and Herrmann Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Olson Cody W $947,500 Statewide Title Inc
Herrmann Bradley -- None Available
Herrmann Bradley -- None Available
Herrmann Bradley $654,840 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Cody W $758,000
Previous Owner Herrmann Bradley $510,280
Previous Owner Herrmann Bradley $551,000
Previous Owner Herrmann Bradley $317,470
Previous Owner Herrmann Bradley S $100,000
Previous Owner Herrmann Bradley $359,000
Closed Herrmann Bradley $80,000
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 $6,560 $1,101,700 $160,000 $941,700
2023 $6,560 $1,101,700 $160,000 $941,700
2022 $4,357 $684,860 $100,000 $584,860
2021 $4,353 $684,860 $100,000 $584,860
2020 $4,353 $684,860 $100,000 $584,860
2019 $4,285 $684,860 $100,000 $584,860
2018 $3,817 $630,080 $100,000 $530,080
2017 $3,817 $630,080 $100,000 $530,080
2016 $3,817 $630,080 $100,000 $530,080
2015 $3,817 $630,080 $100,000 $530,080
2014 $3,204 $564,500 $100,000 $464,500
Source: Public Records

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