NOT LISTED FOR SALE

18505 Torrence Chapel Estates Cir Cornelius, NC 28031

Estimated Value: $457,000 - $701,000

4 Beds
2 Baths
1,950 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $410,000 $210 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,209/month

About This Home

As of June 2022

One-Level Living in Torrence Chapel Estates, a Central Cornelius location. Rocking Chair Front Porch; Bright, Open Floor plan featuring Soaring Ceilings; Three Bedrooms on the main level, and an additional Bedroom/Bonus with two large closets upstairs. Master with Trey Ceiling and Garden Tub. New Tile floor in Kitchen; New Carpet throughout. Huge, Fenced back yard to enjoy the outdoors. Walking distance to restaurants and shops. Convenient to I-77. Pets conditional upon owner approval. Small dogs under 35 lbs. only. 24 HOUR NOTICE REQUIRED FOR SHOWINGS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
May 31, 2022
Sold by
Fw Momentum Llc
Bought by
Ratol Baldeep and Ratol Ramjit
Seller's Agent
Katherine Hansen
Southern Homes of the Carolinas, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$540,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,593
Avg. Annual Appreciation
9.69%

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 18, 2020
Sold by
Verchot Jeffrey P
Bought by
Fw Momentum Llc
Seller's Agent
Arlene Arciero
Southern Homes of the Carolinas, Inc
Buyer's Agent
Arlene Arciero
Southern Homes of the Carolinas, Inc
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.80%

Purchase Details

Closed on
Nov 26, 2003
Sold by
The Ryland Group Inc
Bought by
Verchot Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ratol Baldeep $400,000 Samantha H Terms Pllc
Fw Momentum Llc $278,000 Barristers Title Services
Verchot Jeffrey P $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verchot Jeffrey P $20,000
Previous Owner Verchot Jeffrey P $160,000
Previous Owner Verchot Jeffrey P $10,000
Previous Owner Verchot Jeffrey P $160,000
Previous Owner Verchot Jeffrey P $26,300
Previous Owner Verchot Jeffrey P $137,600
Closed Verchot Jeffrey P $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Rented $2,200 0.0% --
08/15/2022 08/15/22 For Rent $2,200 0.0% --
06/07/2022 06/07/22 Sold $410,000 0.0% $210 / Sq Ft
06/07/2022 06/07/22 For Sale $410,000 0.0% $210 / Sq Ft
09/03/2020 09/03/20 Rented $1,700 0.0% --
08/28/2020 08/28/20 For Rent $1,700 0.0% --
06/18/2020 06/18/20 Sold $278,000 -2.5% $143 / Sq Ft
05/29/2020 05/29/20 For Sale $285,000 -- $146 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --

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 $2,100 $383,200 $95,000 $288,200
2022 $2,100 $250,300 $75,000 $175,300
2021 $2,139 $250,300 $75,000 $175,300
2020 $2,139 $250,300 $75,000 $175,300
2019 $2,133 $250,300 $75,000 $175,300
2018 $1,799 $164,300 $40,000 $124,300
2017 $1,783 $164,300 $40,000 $124,300
2016 $1,780 $164,300 $40,000 $124,300
2015 $1,752 $164,300 $40,000 $124,300
2014 $1,750 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Katherine Hansen

    Hansen Property Management Inc.

    (704) 877-2921

    5 Total Sales

    Katherine Hansen
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NC_CanopyMLS

  • Arlene Arciero

    Seller's Agent in 2020

    Arlene Arciero

    Southern Homes of the Carolinas, Inc

    (704) 650-9600

    45 Total Sales

    Arlene Arciero
    Section Image
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Map

North Carolina Mecklenburg County Cornelius 28031

18505 Torrence Chapel Estates Cir, Cornelius, NC

This home is located at 18505 Torrence Chapel Estates Cir, Cornelius, NC 28031 and is currently estimated at $540,593, approximately $277 per square foot. 18505 Torrence Chapel Estates Cir is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

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