NOT LISTED FOR SALE

21729 Torrence Chapel Rd Unit 35 Cornelius, NC 28031

Estimated Value: $539,464 - $633,000

4 Beds
2 Baths
2,014 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $401,000 $199 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,230/month

Highlights

  • Open Floorplan
  • Private Lot
  • Traditional Architecture
  • Bailey Middle School Rated A-
  • Marble Flooring
  • Attached Garage

About This Home

As of April 2021

Look no further! Beautiful 1.5 story home with 3 bedrooms on the main level and bed / bonus room on the second floor with 2 large closets. Updates throughout including Pergo flooring, crown moulding and stacked stone fireplace! Kitchen updates include LG HI-MACS countertops, marble backsplash, stainless steel appliances. Large master suite and master bath was renovated in 2020 with marble top vanity, tile shower, and marble tile floor. Second bathroom also updated including gorgeous tile wall. Huge, level back yard with extended patio and pergola - perfect for entertaining and activities! Shed to remain. HVAC was replaced in 2019. There is nothing left to do except move in and start enjoying your new home!

Last Agent to Sell the Property

Susan Johnson

Keller Williams Lake Norman License #242878 Listed on: 04/11/2021

Last Buyer's Agent

Lori Scherrman

First Priority Realty Inc. License #237377

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Marble
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Additional Features

  • Shed
  • Cable TV Available

Community Details

  • Torrence Chapel HOA

Listing and Financial Details

  • Assessor Parcel Number 001-743-19

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.23385
  • Ratio Close Price By Original Li: 1.23385
  • Ratio Current Price By Acre: 978048.78
  • Ratio Current Price By Sq Ft: 199.11
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 330
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Oven, Gas Dryer Hookup, Gas Range, Ice Maker Connection
  • Fireplace Description: Gas Logs, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1684
  • Total Sq Ft: 2014

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

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 Management Company: Torrence Chapel HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 0.41
  • Lot Features: Level, Private
  • Parcel Number: 001-743-19
  • Zoning Specification: GR

Tax Info

  • Tax Value: 254400.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Tectesco Nicholas and Tectesco Lucy Mirella
Bought by
Gunderson Karen M and Bechol John
Current Estimated Value
$571,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$294,090
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,026

Purchase Details

Listed on
Apr 11, 2021
Closed on
Apr 30, 2021
Sold by
Woods Donald C
Bought by
Tedesco Nicholas and Tedesco Lucy Mirella
Seller's Agent
Susan Johnson
Keller Williams Lake Norman
Buyer's Agent
Lori Scherrman
First Priority Realty Inc.
List Price
$325,000
Sold Price
$401,000
Premium/Discount to List
$76,000
23.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$272,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2012
Sold by
Rauschenberger Gordon Lee and Rauschenberger Winnie C
Bought by
Works Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Campbell Lance F
Bought by
Rauschenberger Gordon Lee and Rauschenberger Winnie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mareri Enzo
Bought by
Campbell Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
The Ryland Group Inc
Bought by
Mareri Enzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,412
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Wingate Enterprises Inc
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gunderson Karen M $430,000 None Available
Tedesco Nicholas $401,000 None Available
Works Donald C $190,000 None Available
Works Donald C $190,000 None Available
Rauschenberger Gordon Lee $175,000 --
Campbell Lance $176,000 Title South Llc
Mareri Enzo $168,500 --
The Ryland Group Inc $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunderson Karen M $322,500
Previous Owner Tedesco Nicholas $272,000
Previous Owner Works Donald C $165,000
Previous Owner Rauschenberger Gordon Lee $140,000
Previous Owner Campbell Lance $140,800
Previous Owner Mareri Enzo $134,412
Closed Mareri Enzo $33,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $401,000 +23.4% $199 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $325,000 -- $161 / 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 $2,718 $406,700 $95,000 $311,700
2024 $2,718 $406,700 $95,000 $311,700
2023 $2,673 $406,700 $95,000 $311,700
2022 $2,213 $256,000 $75,000 $181,000
2021 $2,187 $256,000 $75,000 $181,000
2020 $2,174 $254,400 $75,000 $179,400
2019 $2,168 $254,400 $75,000 $179,400
2018 $1,813 $165,600 $40,000 $125,600
2017 $1,797 $165,600 $40,000 $125,600
2016 $1,794 $165,600 $40,000 $125,600
2015 $1,765 $165,600 $40,000 $125,600
2014 $1,763 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3727541

Canopy MLS (Canopy Realtor® Association)

APN: 001-743-19