$187,000
SOLD MAY 3, 2021

21841 Torrence Chapel Rd Cornelius, NC 28031

3 Beds
2 Baths
1,409 Sq Ft
0.69 Acres

Recently Sold

$133 Per Sq Ft

6% Below List Price

Highlights

  • Shed
  • Tile Flooring
  • Gas Log Fireplace
  • Bailey Middle School Rated A-
  • Level Lot

About This Home

As of May 2021

Bring your contractors and cash investors to this brick RANCH home located in Cornelius and in popular WA Hough High School district. The house has good bones and is situated on a large lot. Roof 2014, HVAC Approx 8 years, Gas Water heater approx 8 years. See the potential for yourself! Floor plan has 3 Bedrooms, 2 Full Bathrooms, Living and Dining areas, Kitchen and Laundry. Rear Patio and detached Garage/Workshop and a Carport that can be converted to a Garage. The property is located on Torrence Chapel Rd just off Exit 28 at I-77 and has a close proximity to shopping, restaurants, grocery and Lake Norman! Property is being sold in as-is condition.

Last Agent to Sell the Property

Debbie Monroe

Lake Norman Realty, Inc. License #106258 Listed on: 04/13/2021

Lake Norman Realty, Inc.

Last Buyer's Agent

Kristen Conner

Conner Property Group LLC License #282551

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Tile
  • Vinyl

Additional Features

  • Shed
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 001-743-05

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93970
  • Ratio Close Price By Original Li: 0.93970
  • Ratio Current Price By Acre: 271014.49
  • Ratio Current Price By Sq Ft: 132.72
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Dryer Hookup, Gas Oven
  • Fireplace Description: Gas Logs, Living Room
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1409
  • Total Sq Ft: 1409

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car, Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer, Septic Installed
  • Water: City Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Cornelius
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.690
  • Parcel Number: 001-743-05
  • Zoning Specification: GR

Tax Info

  • Tax Value: 228800.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 30, 2021
Sold by
Santorello Jay C and Santorello Kelli A
Bought by
Sfr Xii Charlotte Owner 1 Lp
Seller's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Buyer's Agent
Kristen Conner
Conner Property Group LLC
List Price
$199,000
Sold Price
$187,000
Premium/Discount to List
-$12,000
-6.03%
Total Days on Market
0
Current Estimated Value
$421,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,214
Avg. Annual Appreciation
22.02%

Purchase Details

Closed on
Jan 23, 2000
Sold by
Queen Lonnie D
Bought by
Santorello Jay G and Santorello Kelli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,410
Interest Rate
10.89%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $187,000 Millenial Title
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,950 Unknown
Previous Owner $130,410 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Rented $2,195 0.0% --
07/31/2023 07/31/23 Price Changed $2,195 -2.4% $1 / Sq Ft
07/13/2023 07/13/23 Price Changed $2,250 -2.0% $1 / Sq Ft
06/13/2023 06/13/23 For Rent $2,295 0.0% --
05/03/2021 05/03/21 Sold $187,000 -6.0% $133 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $199,000 -- $141 / 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
2023 $1,626 $244,700 $95,000 $149,700
2022 $2,202 $254,700 $93,500 $161,200
2021 $1,959 $228,800 $93,500 $135,300
2020 $1,959 $228,800 $93,500 $135,300
2019 $1,953 $228,800 $93,500 $135,300
2018 $1,948 $178,100 $90,400 $87,700
2017 $1,931 $178,100 $90,400 $87,700
2016 $1,927 $178,100 $90,400 $87,700
2015 $1,897 $178,100 $90,400 $87,700
2014 $1,895 $178,100 $90,400 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3725950

Canopy MLS (Canopy Realtor® Association)

APN: 001-743-05