22938 Torrence Chapel Rd Cornelius, NC 28031
Estimated Value: $2,790,000 - $3,730,000
3
Beds
4.5
Baths
4,622
Sq Ft
$713/Sq Ft
Est. Value
Highlights
- Pier
- Boat Lift
- Open Floorplan
- Bailey Middle School Rated A-
- Waterfront
- Community Lake
About This Home
As of April 2018Rare find on Lake Norman! Admirers of FLW architecture and those inspired by prairie-style elegance will look no further to find their dream home! Settle into the warmth, beauty, comfort and elegance of this inspired setting. Nestled on 2/3 acre, this 4,600-square-foot beauty boasts waterfront views the entire front and back and all windows in between. Strong, horizontal lines throughout accentuate 161 feet of westerly shoreline. Features include cabana, NC foliage and dock with two boat lifts!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,819
Year Built
- Built in 1993
Lot Details
- Waterfront
- Irrigation
- Zoning described as GR
Parking
- Workshop in Garage
Home Design
- Stone Siding
- Stucco
Interior Spaces
- Open Floorplan
- Central Vacuum
- Built-In Features
- Ceiling Fan
- Family Room with Fireplace
- Great Room with Fireplace
- Crawl Space
- Laundry Room
Kitchen
- Double Convection Oven
- Gas Oven
- Gas Cooktop
- Down Draft Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Attic
- Attic Fan
- Pull Down Stairs to Attic
Outdoor Features
- Pier
- Boat Lift
- Patio
- Shed
Utilities
- Zoned Heating System
- Gas Water Heater
- Cable TV Available
Community Details
- Knox Landing Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 001-551-06
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2017
Closed on
Apr 10, 2018
Sold by
Best Robey C and Best Gwen A
Bought by
Gibbs Melisa
Seller's Agent
David Dunn
David Dunn RE LLC
Buyer's Agent
Heather Gibbs
Corcoran HM Properties
List Price
$2,195,000
Sold Price
$1,750,000
Premium/Discount to List
-$445,000
-20.27%
Total Days on Market
380
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,547,769
Avg. Annual Appreciation
9.70%
Purchase Details
Closed on
Jun 23, 2004
Sold by
Collins Barbara H and Collins Charles G
Bought by
Best Robey C and Best Gwen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.62%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Cornelius, NC
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 |
|---|---|---|---|
| Gibbs Melisa | $1,750,000 | None Available | |
| Best Robey C | $1,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Best Robey C | $590,000 | |
| Previous Owner | Best Robey C | $650,000 | |
| Previous Owner | Best Robey C | $773,000 | |
| Previous Owner | Best Robey C | $555,100 | |
| Previous Owner | Best Robey C | $975,000 | |
| Closed | Best Robey C | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2018 04/10/18 | Sold | $1,750,000 | -20.3% | $379 / Sq Ft |
| 02/16/2018 02/16/18 | Pending | -- | -- | -- |
| 02/01/2017 02/01/17 | For Sale | $2,195,000 | -- | $475 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2023 | $16,819 | $3,112,000 | $1,595,000 | $1,517,000 |
| 2022 | $16,819 | $2,004,900 | $1,015,000 | $989,900 |
| 2021 | $16,819 | $2,004,900 | $1,015,000 | $989,900 |
| 2020 | $14,784 | $1,762,300 | $1,015,000 | $747,300 |
| 2019 | $14,817 | $1,762,300 | $1,015,000 | $747,300 |
| 2018 | $14,728 | $1,363,400 | $700,000 | $663,400 |
| 2017 | $14,622 | $1,363,400 | $700,000 | $663,400 |
| 2016 | $14,618 | $1,363,400 | $700,000 | $663,400 |
| 2015 | $14,410 | $1,363,400 | $700,000 | $663,400 |
| 2014 | $14,408 | $1,363,400 | $700,000 | $663,400 |
Source: Public Records
Agents Affiliated with this Home
-
David Dunn
Seller's Agent in 2018
David Dunn
David Dunn RE LLC
(704) 999-3591
20 Total Sales
-
Heather Gibbs
Buyer's Agent in 2018
Heather Gibbs
Corcoran HM Properties
(704) 975-9485
186 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3241193
APN: 001-551-06
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