NOT LISTED FOR SALE

18312 Torrence Chapel Estates Cir Cornelius, NC 28031

Estimated Value: $489,000 - $624,000

4 Beds
2 Baths
2,117 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $415,000 $196 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,387/month

95 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Tray Ceiling
  • Bailey Middle School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of December 2021

Minutes away from Lake Norman, public boat launch three miles away. Awesome move in ready 4 bedroom home in desired location. New: roof, paint, carpet and top of the line laminate floors on the main floor. Huge, private, level, fenced in yard with large freshly painted deck. Rocking chair front porch. Spacious kitchen includes granite countertops, double sink, large cabinets, pantry, new disposal and sunny breakfast area. New blinds. Owner's suite has walk in closet, tray ceiling, large bathroom with jacuzzi tub and separate walk in shower. Garage has freshly painted floors and walls. Alarm system with cameras. Surround sound system with speakers thru out the house. Practically walking distance to shopping, restaurants, I77. ***Back on market with brand new refrigerator, oven and dishwasher! Let previous buyer's remorse be your gain.

Last Agent to Sell the Property

Jim Doherty

Southern Homes of the Carolinas, Inc License #248344 Listed on: 08/06/2021

Southern Homes of the Carolinas, Inc

Last Buyer's Agent

Mary Webster

Keller Williams Ballantyne Area License #275613

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.47

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Permanent Attic Stairs

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-743-40
  • Tax Block 845

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97647
  • Ratio Close Price By Original Li: 0.97647
  • Ratio Current Price By Acre: 882978.72
  • Ratio Current Price By Sq Ft: 196.03
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 388
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Electric Oven, Ice Maker Connection, Microwave, Security System, Surround Sound
  • Fireplace Description: Gas Logs, Living Room
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Fixed, Cable Available, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1729
  • Total Sq Ft: 2117

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener
  • Sq Ft Garage: 393

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Cornelius
  • Middle School: Bailey
  • High School: William Amos Hough
  • Middle Or Junior School: Bailey

Lot Info

  • Lot Dimension: irregular
  • Lot Size Area: 0.470
  • Parcel Number: 001-743-40
  • Plat Book Slide: 43
  • Plat Reference Section Pages: 43-845
  • Zoning Specification: GR

Tax Info

  • Tax Value: 267400.00
  • Tax Block: 845
  • Tax Location: Mecklenburg

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Dec 16, 2021
Sold by
Harmon Jack and Harmon Laveeta
Bought by
Watts Harold and Shuler Lynn Lorrain
Seller's Agent
Jim Doherty
Southern Homes of the Carolinas, Inc
Buyer's Agent
Mary Webster
Keller Williams Ballantyne Area
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
95
Current Estimated Value
$560,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,891
Avg. Annual Appreciation
7.71%
Original Mortgage
$150,000
Outstanding Balance
$123,324
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$412,930

Purchase Details

Closed on
Aug 22, 2013
Sold by
The Bank Of New York Mellon
Bought by
Horton Randy and Horton Dalia

Purchase Details

Closed on
Mar 13, 2013
Sold by
Ranallo John R and Ranallo Colleen R
Bought by
Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 16, 2005
Sold by
The Ryland Group Inc
Bought by
Ranallo John R and Ranallo Colleen R

Purchase Details

Closed on
May 25, 2004
Sold by
The Ryland Group Inc
Bought by
Ranallo John R and Ranallo Colleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,085
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Watts Harold $415,000 None Available
Horton Randy $150,500 None Available
Bank Of New York Mellon $154,900 None Available
Ranallo John R -- --
Ranallo John R $180,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Harold $150,000
Previous Owner Ranallo John R $144,085
Closed Ranallo John R $36,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $415,000 -2.4% $196 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $425,000 +2.4% $201 / Sq Ft
09/04/2021 09/04/21 Off Market $415,000 -- --
09/03/2021 09/03/21 For Sale $425,000 0.0% $201 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $425,000 -- $201 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $2,768 $421,400 $95,000 $326,400
2022 $2,309 $267,400 $75,000 $192,400
2021 $2,243 $267,400 $75,000 $192,400
2020 $2,243 $267,400 $75,000 $192,400
2019 $2,277 $267,400 $75,000 $192,400
2018 $1,817 $166,000 $40,000 $126,000
2017 $1,801 $166,000 $40,000 $126,000
2016 $1,798 $166,000 $40,000 $126,000
2015 $1,769 $166,000 $40,000 $126,000
2014 $1,767 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3769357

Canopy MLS (Canopy Realtor® Association)

APN: 001-743-40