NOT LISTED FOR SALE

22625 Torrence Chapel Rd Unit L25 Cornelius, NC 28031

Estimated Value: $2,673,000 - $3,428,000

5 Beds
5 Baths
5,647 Sq Ft
$545/Sq Ft Est. Value

About This Home

This home is located at 22625 Torrence Chapel Rd Unit L25, Cornelius, NC 28031 and is currently estimated at $3,078,125, approximately $545 per square foot. 22625 Torrence Chapel Rd Unit L25 is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2016
Sold by
Steven R Jones
Bought by
Modlin Brooke and Modlin David
Current Estimated Value
$3,078,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,259,860
Interest Rate
3.48%

Purchase Details

Closed on
May 9, 2016
Sold by
Jones Steven R
Bought by
Jones Steven R and Jones Barbara Olmsted

Purchase Details

Closed on
Aug 17, 2004
Sold by
Jones Steven R and Jones Sherry M
Bought by
Jones Kenneth S and Jones Marisa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Eller George Edgar and Eller Dorothy S
Bought by
Jones Steven R and Jones Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2004
Sold by
Eller George Edgar and Eller Dorothy S
Bought by
Jones Steven R and Jones Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.85%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Modlin Brooke -- --
Jones Steven R -- None Available
Jones Kenneth S $370,000 --
Jones Steven R -- --
Jones Steven R $600,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modlin David Michael $325,000
Open Modlin David Michael $1,175,000
Closed Modlin Brooke $1,259,860
Closed Modlin Brooke --
Previous Owner Jones Steven R $500,000
Previous Owner Jones Steven R $250,000
Previous Owner Jones Steven R $722,000
Previous Owner Jones Steven R $700,000
Previous Owner Jones Kenneth S $350,000
Previous Owner Jones Steven R $480,000
Previous Owner Jones Steven R $480,000
Source: Public Records

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
2024 -- $2,428,000 $1,100,000 $1,328,000
2023 $12,661 $2,428,000 $1,100,000 $1,328,000
2022 $12,661 $1,509,200 $700,000 $809,200
2021 $12,700 $1,509,200 $700,000 $809,200
2020 $12,657 $1,504,000 $700,000 $804,000
2019 $12,651 $1,504,000 $700,000 $804,000
2018 $15,265 $1,372,600 $420,000 $952,600
2017 $14,720 $1,372,600 $420,000 $952,600
2016 $14,245 $1,328,500 $420,000 $908,500
2015 $14,042 $1,328,500 $420,000 $908,500
2014 $14,040 $1,328,500 $420,000 $908,500
Source: Public Records

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