NOT LISTED FOR SALE

21123 Torrence Chapel Rd Cornelius, NC 28031

Estimated Value: $4,420,000 - $4,818,000

5 Beds
8 Baths
8,249 Sq Ft
$558/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $3,550,000 $430 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $26,450/month

1,082 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wooded Lot
  • Bailey Middle School Rated A-
  • Private Lot
  • Marble Flooring

About This Home

As of December 2021

Charlotte area's most spectacular estate is not only gated and private but, on 5+acres of property. Plus, 20 minutes to Uptown Charlotte! Experience resort living at its finest. This magnificent property is for those who want to get away from it all but be convenient to shopping, restaurants and all that the Lake Norman area has to offer! When entering the expansive two story foyer, the casualness of the adjoining 2 story gathering room sets the tone for the elegant, yet relaxed layout..the perfect setting for both intimate gatherings & large scale entertaining. A Chef's kitchen, 4 bedroom suites, billiards room plus a master suite w/ fireplace and private terrace are just a few of the many features in the primary residence. Nestled amidst acres of hardwoods in back, the expansive 1900+ sq ft. covered outdoor living area accents the spectacular infinity pool/spa as its centerpiece. Another Chef's kitchen, expansive family room, sports court and private guest suite await your guests.

Last Agent to Sell the Property

Pam Boileau

Ivester Jackson Christie's License #277630 Listed on: 10/31/2018

Last Buyer's Agent

Liza Caminiti

Ivester Jackson Christie's License #279185

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

Parking

  • Porte-Cochere
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Fire Pit
  • Gazebo

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-176-10

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Spanish
  • Ratio Close Price By List Price: 0.98611
  • Ratio Close Price By Original Li: 0.79330
  • Ratio Current Price By Acre: 702970.30
  • Ratio Current Price By Sq Ft: 430.36
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 3918
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Cooktop Gas, Central Vacuum, Double Oven, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Gas Dryer Hookup, Grilltop, Gas Range, Ice Maker Connection, Intercom, Microwave, Network Ready, Oven, Refrigerator, Exhaust Hood, Self Cleaning Oven, Security System, Surround Sound, Trash Compactor, Wall Oven, Washer, g-Dual Flush Toilets, Natural Gas, Downdraft Cooktop, Freezer, Warming Drawer, Electric Oven, Gas Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Great Room, Primary Bedroom, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Terazzo, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool, Window Treatments
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 548
  • Second Living Quarters Sq Ft: 1364
  • Sq Ft Additional: 548
  • Main Level Sq Ft: 4331
  • Total Sq Ft: 8249
  • Sq Ft Unheated Main: 1425
  • Sq Ft Unheated Total: 1425

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Pool-In-Ground, Outdoor Fireplace, Outdoor Kitchen, Terrace, Wired Internet Available, Satellite Internet Available, Porte-cochere, Fire pit, Gazebo

Garage/Parking

  • Driveway: Circular, Concrete, Gated
  • Parking: Detached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Keypad Entry, Lot

Utilities

  • Heating: Central Air, Electric Hot Air, Natural Gas
  • Sewer: City Sewer
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Green Area, Level, Open Lot, Private, Trees, Wooded
  • Lot Size Area: 5.050
  • Parcel Number: 001-176-10
  • Zoning Specification: GR

Tax Info

  • Tax Value: 2106100.00
  • Tax Location: Cornelius

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 10, 2021
Sold by
Dejesus Pena Adriano and Roque Miguelina Tavarez
Bought by
Moritz Rudolph and Moritz Susan
Seller's Agent
Pam Boileau
Ivester Jackson Christie's
Buyer's Agent
Liza Caminiti
Ivester Jackson Christie's
List Price
$4,475,000
Sold Price
$3,550,000
Premium/Discount to List
-$925,000
-20.67%
Current Estimated Value
$4,604,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054,427
Avg. Annual Appreciation
7.01%
Original Mortgage
$2,626,500
Outstanding Balance
$2,416,660
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$2,187,767

Purchase Details

Closed on
Aug 15, 2006
Sold by
Goodrum Clark D and Goodrum Lorene S
Bought by
Pena Adriano De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Moritz Rudolph $3,550,000 None Available
Pena Adriano De Jesus $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moritz Rudolph $2,626,500
Previous Owner Pena Adriano De Jesus $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $3,550,000 -1.4% $430 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $3,600,000 -4.0% $436 / Sq Ft
09/24/2020 09/24/20 Price Changed $3,750,000 -6.2% $455 / Sq Ft
02/09/2020 02/09/20 Price Changed $3,999,000 -7.0% $485 / Sq Ft
05/29/2019 05/29/19 Price Changed $4,300,000 -3.9% $521 / Sq Ft
10/31/2018 10/31/18 For Sale $4,475,000 -- $542 / 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
2025 $24,452 $4,049,830 $771,000 $3,278,830
2024 $24,452 $3,718,700 $771,000 $2,947,700
2023 $24,075 $3,718,700 $771,000 $2,947,700
2022 $24,479 $2,879,000 $364,200 $2,514,800
2021 $24,191 $2,879,000 $364,200 $2,514,800
2020 $24,152 $2,879,000 $364,200 $2,514,800
2019 $24,185 $2,879,000 $364,200 $2,514,800
2018 $25,360 $2,106,100 $294,300 $1,811,800
2017 $22,574 $2,105,400 $294,300 $1,811,100
2016 $22,049 $2,057,400 $294,300 $1,763,100
2015 $21,737 $2,057,400 $294,300 $1,763,100
2014 $21,735 $2,057,400 $294,300 $1,763,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3448085

Canopy MLS (Canopy Realtor® Association)

APN: 001-176-10