22629 Torrence Chapel Rd Cornelius, NC 28031
Estimated Value: $2,222,000 - $2,883,483
5
Beds
5
Baths
4,686
Sq Ft
$547/Sq Ft
Est. Value
About This Home
This home is located at 22629 Torrence Chapel Rd, Cornelius, NC 28031 and is currently estimated at $2,564,871, approximately $547 per square foot. 22629 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2016
Sold by
Mountcastle Stephen W and Mountcastle Danette B
Bought by
Small Edwin Warren and Small Susan H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Outstanding Balance
$456,646
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$2,108,225
Purchase Details
Closed on
Jul 27, 2006
Sold by
Wood Gerald B
Bought by
Mountcastle Stephen W and Mountcastle Danette B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 2005
Sold by
Jones Kenneth S and Jones Marisa I
Bought by
Wood Gerald B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.87%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Small Edwin Warren | $1,220,000 | None Available | |
| Mountcastle Stephen W | $1,199,000 | Bb&T | |
| Wood Gerald B | $485,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Small Edwin Warren | $976,000 | |
| Previous Owner | Mountcastle Stephen W | $500,000 | |
| Previous Owner | Wood Gerald B | $910,000 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $2,128,500 | $1,100,000 | $1,028,500 |
| 2024 | -- | $2,128,500 | $1,100,000 | $1,028,500 |
| 2023 | $11,179 | $2,128,500 | $1,100,000 | $1,028,500 |
| 2022 | $11,179 | $1,332,600 | $700,000 | $632,600 |
| 2021 | $11,219 | $1,332,600 | $700,000 | $632,600 |
| 2020 | $11,219 | $1,327,300 | $700,000 | $627,300 |
| 2019 | $11,168 | $1,327,300 | $700,000 | $627,300 |
| 2018 | $12,305 | $1,138,700 | $420,000 | $718,700 |
| 2017 | $12,216 | $1,138,700 | $420,000 | $718,700 |
| 2016 | $12,213 | $1,138,700 | $420,000 | $718,700 |
| 2015 | $12,038 | $1,138,700 | $420,000 | $718,700 |
| 2014 | $12,036 | $1,138,700 | $420,000 | $718,700 |
Source: Public Records
Map
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