NOT LISTED FOR SALE

21008 Torrence Chapel Rd Cornelius, NC 28031

Estimated Value: $524,989 - $600,000

4 Beds
2.5 Baths
2,500 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $486,000 $194 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,274/month

14 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Bailey Middle School Rated A-
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of May 2022

Beautiful upgraded 2019 built home in the heart of Cornelius! Just minutes from Lake Norman, lots of shops, restaurants, and Hwy 77. Must see.

Last Agent to Sell the Property

Scott Castevens

RE/MAX Realty Consultants License #294537 Listed on: 04/12/2022

RE/MAX Realty Consultants

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 55 x 145 x 55 x 145

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Stone

Interior Spaces

  • 2,289 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00117953
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 55 x 145 x 55 x 145
  • Subdivision Name: None
  • Directions: Hwy 77 South to exit 28, turn right, then turn right onto Torrence Chapel Rd, go .4 miles and house is on the right.
  • Above Grade Finished Sq Ft: 2289
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2019
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2289
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Stone, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00117953
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 2638888.8889
  • TRIADMLS_DeedPage: 53
  • TRIADMLS_DeedBook: 60
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2454
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 6, 2022
Sold by
Penland Michael T and Penland Theresa T
Bought by
Wcp Sfr Properties Llc
Seller's Agent
Scott Castevens
RE/MAX Realty Consultants
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$475,000
Sold Price
$486,000
Premium/Discount to List
$11,000
2.32%
Current Estimated Value
$566,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,997
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Sonthcraft Builders Inc
Bought by
Penland Michael and Penland Theresa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
S & E North Carolina General Partnership
Bought by
South Craft Builders Inc

Purchase Details

Closed on
Dec 13, 2017
Sold by
Art Sabates Properties Llc
Bought by
Carolina S and Carolina E N
Source: Public Records

Range of Values:

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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
Wcp Sfr Properties Llc $972 Costner Law Office Pllc
Penland Michael $345,000 None Available
South Craft Builders Inc $130,000 None Available
S & E North Carolina General Partnership -- None Available
Carolina S $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penland Michael $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $486,000 +2.3% $243 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $475,000 -- $238 / Sq Ft
Source: Triad MLS

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
2025 $3,218 $482,900 $85,100 $397,800
2024 $3,218 $482,900 $85,100 $397,800
2023 $3,165 $482,900 $85,100 $397,800
2022 $2,483 $287,800 $75,000 $212,800
2021 $2,454 $287,800 $75,000 $212,800
2020 $2,899 $75,000 $75,000 $0
2019 $629 $75,000 $75,000 $0
2018 $431 $40,000 $40,000 $0
2017 $428 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1065533

Triad MLS

APN: 001-179-53