NOT LISTED FOR SALE

22025 Torrence Chapel Rd Cornelius, NC 28031

Estimated Value: $394,000 - $571,000

2 Beds
2 Baths
1,357 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $212,250 $156 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,556/month

81 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Engineered Wood Flooring
  • Bailey Middle School Rated A-
  • Ranch Style House
  • Recreation Facilities

About This Home

As of August 2018

Well maintained and move in ready! Conveniently located off exit 28 with easy access to shopping, restaurants, parks, and entertainment. Short walk to Bahia Bay community lake access lot to swim, picnic, or launch your kayak/canoe. Enjoy the outdoors on the large, shaded, stamped concrete patio just off the dining area. Many updates to this home including kitchen, bathrooms, flooring, and more.

Last Agent to Sell the Property

Ryan Minges

Southern Homes of the Carolinas, Inc License #273923 Listed on: 04/03/2018

Last Buyer's Agent

Phil Puma

Puma & Associates Realty, Inc. License #203114

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Listing and Financial Details

  • Assessor Parcel Number 001-292-08
  • Tax Block 1

Community Details

Overview

  • Bahia Bay HOA
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

9,583 Sq Ft Lot

HOA Fees

$6 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.90358
  • Ratio Close Price By Original Li: 0.86668
  • Ratio Current Price By Acre: 964772.73
  • Ratio Current Price By Sq Ft: 156.41
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Electric Oven
  • Fixture Exception Description: Storage cabinets in garage
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Prefinished Wood, Vinyl
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1357
  • Total Sq Ft: 1357
  • Sq Ft Unheated Main: 351
  • Sq Ft Unheated Total: 351

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area
  • Association Fee: 75.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bahia Bay HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Trees
  • Parcel Number: 001-292-08
  • Plat Book Slide: 15/165
  • Plat Reference Section Pages: 556
  • Zoning Specification: GR

Tax Info

  • Tax Value: 147500.00
  • Tax Block: 1
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Aug 2, 2018
Sold by
Mahoney Eileen P
Bought by
Hoidas Properties Llc
Seller's Agent
Ryan Minges
Southern Homes of the Carolinas, Inc
Buyer's Agent
Phil Puma
Puma & Associates Realty, Inc.
List Price
$244,900
Sold Price
$212,250
Premium/Discount to List
-$32,650
-13.33%
Current Estimated Value
$457,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,556
Avg. Annual Appreciation
10.73%
Original Mortgage
$180,625
Outstanding Balance
$156,865
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$300,941

Purchase Details

Closed on
Feb 6, 1998
Sold by
Brattain Sebron L and Brattain Dorothy L
Bought by
Mahoney Eileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Hoidas Properties Llc $212,500 None Availablenone Available
Mahoney Eileen P $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoidas Properties Llc $180,625
Previous Owner Mahoney Eileen P $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2018 08/06/18 Sold $212,250 -9.6% $156 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $234,900 -2.1% $173 / Sq Ft
04/23/2018 04/23/18 Price Changed $239,900 -2.0% $177 / Sq Ft
04/03/2018 04/03/18 For Sale $244,900 -- $180 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,305 $343,700 $160,000 $183,700
2024 $2,305 $343,700 $160,000 $183,700
2023 $2,305 $343,700 $160,000 $183,700
2022 $1,787 $205,900 $75,000 $130,900
2021 $1,767 $205,900 $75,000 $130,900
2020 $1,767 $205,900 $75,000 $130,900
2019 $1,761 $205,900 $75,000 $130,900
2018 $1,618 $147,500 $60,000 $87,500
2017 $1,603 $147,500 $60,000 $87,500
2016 $1,600 $147,500 $60,000 $87,500
2015 $1,574 $147,500 $60,000 $87,500
2014 $1,572 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Minges

    Southern Homes of the Carolinas, Inc

    Section Image
  • Phil Puma

    Buyer's Agent in 2018

    Phil Puma

    Puma & Associates Realty, Inc.

    (704) 375-2495

    66 in this area

    600 Total Sales

    Phil Puma
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3374950

Canopy MLS (Canopy Realtor® Association)

APN: 001-292-08

North Carolina Mecklenburg County Cornelius 28031

22025 Torrence Chapel Rd, Cornelius, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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