NOT LISTED FOR SALE

21729 Torrence Chapel Rd Cornelius, NC 28031

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

4 Beds
2 Baths
2,029 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $430,000 $212 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,230/month

4 Days on Market

Highlights

  • Open Floorplan
  • Marble Flooring
  • Shed
  • Bailey Middle School Rated A-
  • Walk-In Closet
  • Gas Log Fireplace

About This Home

As of September 2021

THIS IS IT...THE HOME YOU HAVE BEEN WAITING FOR! This mostly 1 story home with bonus room above the garage has been impeccably prepared for YOU! Home has 3 bedrooms (including Primary) on main floor with 2 full bathrooms and one bedroom/bonus room up. Recent improvements include freshly painted interior including ceilings, walls, trim, and doors. Kitchen cabinets and bathroom vanity professionally painted white. New high quality carpet with upgraded pad. New Kronos Grand laminate flooring with 72-hour-water-resistance, Greenguard gold certified. Freshly painted shutters, exterior doors, and garage door trim. Ring Security front & back doors and backyard cameras. Other great features include SS appliances, LG HI-MACS countertops, marble backsplash, upgraded master bath, coffered ceilings, extended patio with pergola, Tesla EV Wall charging system in garage. All of this on large level lot with fenced back yard with large Shed! Walking distance to Lake Norman! Move-in ready!!

Last Agent to Sell the Property

Lori Scherrman

First Priority Realty Inc. License #237377 Listed on: 08/27/2021

Last Buyer's Agent

Lori Scherrman

First Priority Realty Inc. License #237377 Listed on: 08/27/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.41

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

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 Story/F.R.O.G.
  • Ratio Close Price By List Price: 0.98851
  • Ratio Close Price By Original Li: 0.98851
  • Ratio Current Price By Acre: 1048780.49
  • Ratio Current Price By Sq Ft: 211.93
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 332
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Gas Logs, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Marble, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1697
  • Total Sq Ft: 2029

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: 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

  • 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

Listed on
Aug 27, 2021
Closed on
Sep 30, 2021
Sold by
Tectesco Nicholas and Tectesco Lucy Mirella
Bought by
Gunderson Karen M and Bechol John
Seller's Agent
Lori Scherrman
First Priority Realty Inc.
Buyer's Agent
Lori Scherrman
First Priority Realty Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
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.
Estimated Appreciation
$141,116
Avg. Annual Appreciation
6.82%
Original Mortgage
$322,500
Outstanding Balance
$294,090
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,026

Purchase Details

Closed on
Apr 30, 2021
Sold by
Woods Donald C
Bought by
Tedesco Nicholas and Tedesco Lucy Mirella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
09/29/2021 09/29/21 Sold $430,000 -1.1% $212 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $435,000 -- $214 / 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: CAR3778391

Canopy MLS (Canopy Realtor® Association)

APN: 001-743-19