NOT LISTED FOR SALE

22531 Torrence Chapel Rd Cornelius, NC 28031

Estimated Value: $3,165,000 - $3,891,000

5 Beds
6.5 Baths
7,472 Sq Ft
$488/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2023

Last sale price $3,200,000 $428 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $21,447 / mo

204 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Waterfront
  • Bailey Middle School Rated A-
  • In Ground Pool
  • 0.57 Acre Lot

About This Home

As of February 2023

7500+ sf Waterfront Estate on highly desirable Lake Norman! Home has it all: NEW ROOF '22 & Interior paint. 5 BR/6.5 BA home w/ Saltwater pool and Spa. Outdoor Kitchen w/ Grill Station, Pizza oven, Area for Green Egg, Pull up bar area w/ Pergola; FP with 2 waterfalls w/LED lighting. Private Pier, floating dock, 10k boat lift, jet ski port & SANDY BEACH. Spectacular basement w/ Iron door to a 1400 bottle Wine Room, Sound proof Theater Room, Lg 2nd Kitchen, pool table area off FR w/ FP, Lg BR Ensuite, Exercise Room/Office w/ pool access full BA. Main Level features a bright 2 story Great Room w/FP & built-ins, Primary Suite w/ Upg Bath, Gourmet Kitchen w/ stunning granite, breakfast area, Drop Zone with add'l desk area, Private Study w/ gas FP, and Formal Dining Room. Upstairs has 2 Lg BR Ensuites & a BR/Bonus room w/ Full BA & adjacent kitchen area. 3 car garage prewired for Electric car and add'l 3 parking spaces. Amazing Seasonal Sunsets!

Last Agent to Sell the Property

Christy Walker

Premier Sotheby's International Realty License #202446 Listed on: 07/14/2022

Premier Sotheby's International Realty

Last Buyer's Agent

Christy Walker

Premier Sotheby's International Realty License #202446 Listed on: 07/14/2022

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 24,829 Sq Ft Lot
  • Waterfront
  • Irrigation
  • Property is zoned GR

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • 3 Open Parking Spaces

Home Design

  • French Provincial Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pier
  • Personal Watercraft Lift
  • Boat Lift
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-151-36

Community Details

Overview

  • Voluntary home owners association
  • Ccs Poa
  • Country Club Shores Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.57 Acres

HOA Fees

$6 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: French Provincial
  • Year Built: 2007
  • Second Living Quarters: Interior Connected
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 428.27
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Computer Niche, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Whirlpool, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2932
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2353
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Plumbed For Ice Maker, Wall Oven, Warming Drawer
  • Above Grade Finished Sq Ft: 5285
  • Has Basement: Basement, Basement Shop, Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2187
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room, Gas, Great Room, Outside, Other - See Remarks
  • Living Area: 7472
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub, Gas Grill, In-Ground Irrigation, In Ground Pool, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Boat Ramp – Community, Dock, Paddlesport Launch Site - Community, Personal Watercraft Lift, Pier
  • Construction Type: Hard Stucco, Stone
  • Patio And Porch Features: Balcony, Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Garage, Keypad Entry, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association Name: CCS - POA
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 75.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront, Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 001-151-36
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Feb 6, 2023
Sold by
Bought by
Seller's Agent
Christy Walker
Premier Sotheby's International Realty
Buyer's Agent
Christy Walker
Premier Sotheby's International Realty
List Price
$3,750,000
Sold Price
$3,200,000
Premium/Discount to List
-$550,000
-14.67%
Views
33
Current Estimated Value
$3,646,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,478
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
May 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,000
Interest Rate
6.07%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,200,000 --
$1,700,000 None Available
$1,291,000 None Available
$1,124,710 None Available
-- None Available
$750,000 None Available
$498,500 --
$370,000 --
$304,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,360,000
Previous Owner $1,000,000
Previous Owner $1,095,000
Previous Owner $600,000
Previous Owner $398,800
Previous Owner $252,000
Closed $49,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $3,200,000 -14.7% $428 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
07/14/2022 07/14/22 For Sale $3,750,000 -- $502 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,028 $3,044,600 $1,100,000 $1,944,600
2024 $20,028 $3,044,600 $1,100,000 $1,944,600
2023 $19,719 $3,044,600 $1,100,000 $1,944,600
2022 $16,426 $1,930,300 $700,000 $1,230,300
2021 $16,233 $1,930,300 $700,000 $1,230,300
2020 $16,233 $1,930,300 $700,000 $1,230,300
2019 $16,227 $1,930,300 $700,000 $1,230,300
2018 $17,503 $1,620,800 $385,000 $1,235,800
2017 $17,378 $1,620,800 $385,000 $1,235,800
2016 $17,374 $1,620,800 $385,000 $1,235,800
2015 $17,128 $1,620,800 $385,000 $1,235,800
2014 $17,126 $1,600,800 $385,000 $1,215,800
Source: Public Records

Agents Affiliated with this Home

  • Christy Walker

    Seller's Agent in 2023

    Christy Walker

    Premier Sotheby's International Realty

    (704) 201-3962

    36 in this area

    112 Total Sales

    Christy Walker
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Map

Source: Canopy MLS

MLS Number: 3881699

Canopy MLS

APN: 001-151-36

North Carolina Mecklenburg County Cornelius 28031

22531 Torrence Chapel Rd, Cornelius, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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
Listings courtesy of Canopy MLS as distributed by MLS GRID

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