NOT LISTED FOR SALE

22628 Torrence Chapel Rd Cornelius, NC 28031

Estimated Value: $2,098,000 - $3,048,045

0.29 Acre
$9,135,383 Price per Acre
12,632 Sq Ft Lot

Last Sold June 25, 2013

Last sale price $462,500

Est. 473% increase in value since last sale

Current estimated payment $15,128/month

149 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Community Lake
  • Bailey Middle School Rated A-

About This Lot

As of June 2013

Beautiful open water on quiet cul-de-sac street. Convenient to I-77, upscale restaurants and shopping. Established neighborhood with no HOA. Water & Sewer at the street. Perfect site to build your lake home. Sea-wall in place with deep water. Survey Av.

Last Agent to Sell the Property

Neal Crites

Crites Real Estate License #239713 Listed on: 11/14/2012

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Year Built

  • 2013

Lot Details

  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 00155120

Community Details

Overview

  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Year Built

2013

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88095
  • Ratio Close Price By Original Li: 0.75820
  • Ratio Current Price By Acre: 1573129.25
  • Habitable Residence Yn: Yes
  • Special Features: None
  • Year Built (Public Record): 2013

Utilities

  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Lake, Lake Access
  • Hoa Subject To Dues: Voluntary

Schools

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

Lot Info

  • Lot Dimension: Irreg.
  • Lot Features: Waterfront
  • Lot Size Area: 0.294
  • Lot Size Units: Acres
  • Parcel Number: 00155120
  • Zoning Specification: Res

Tax Info

  • Tax Value: 490000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Jun 25, 2013
Sold by
Evernham Mary Dowens
Bought by
Mistry Dilip K and Mistry Gurdev K
Seller's Agent
Neal Crites
Crites Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$610,000
Sold Price
$462,500
Premium/Discount to List
-$147,500
-24.18%
Total Days on Market
149
Current Estimated Value
$2,649,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,186,761
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Chepeleff Sheri
Bought by
Chepeleff Sheri and Williams James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,500
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2007
Sold by
Williams Development Co
Bought by
Evernham Mary Dowens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,500
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 19, 2007
Sold by
Surane James W and Thaxton Kimberly
Bought by
Williams Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,500
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2007
Sold by
Mcmurray Jerry W and Mcmurral Cheryl S
Bought by
Surane James W and Thaxton Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Kiefer Kenneth R and Sp Sandra L
Bought by
Mcmurray Jerry W and Mcmurray Cheryl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mistry Dilip K $462,500 None Available
Chepeleff Sheri -- Attorneys Title
Evernham Mary Dowens $680,000 None Available
Williams Development Co $562,500 None Available
Chepeleff Sheri $562,500 None Available
Surane James W $900,000 None Available
Mcmurray Jerry W $483,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chepeleff Sheri $1,181,500
Previous Owner Chepeleff Sheri $478,125
Previous Owner Surane James W $810,000
Previous Owner Mcmurray Jerry W $50,000
Previous Owner Mcmurray Jerry W $386,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $462,500 -24.2% --
04/12/2013 04/12/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $610,000 -- --
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 $12,832 $2,418,700 $1,265,000 $1,153,700
2022 $12,832 $1,506,900 $805,000 $701,900
2021 $12,681 $1,506,900 $805,000 $701,900
2020 $12,681 $1,506,900 $805,000 $701,900
2019 $12,675 $1,618,200 $805,000 $813,200
2018 $13,312 $1,232,100 $490,000 $742,100
2017 $13,216 $1,232,100 $490,000 $742,100
2016 $13,213 $1,232,100 $490,000 $742,100
2015 $13,024 $761,500 $490,000 $271,500
2014 $8,054 $490,000 $490,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Neal Crites

    Crites Real Estate

    (704) 840-4004

    27 Total Sales

    Neal Crites
    Section Image

  • N

    Buyer's Agent in 2013

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2118382

Canopy MLS (Canopy Realtor® Association)

APN: 001-551-20

North Carolina Mecklenburg County Cornelius 28031

22628 Torrence Chapel Rd, Cornelius, NC

This home is located at 22628 Torrence Chapel Rd, Cornelius, NC 28031 since 14 November 2012 and is currently estimated at $2,649,261. This property was built in 2013. 22628 Torrence Chapel Rd is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

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