NOT LISTED FOR SALE

22938 Torrence Chapel Rd Cornelius, NC 28031

Cornelius Area

Estimated Value: $2,905,000 - $3,635,000

3 Beds
4.5 Baths
4,622 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2018

Last sale price $1,750,000 $379 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $21,590 / mo

380 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of April 2018

Rare 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!

Last Agent to Sell the Property

David Dunn

David Dunn RE LLC License #287932 Listed on: 02/01/2017

Last Buyer's Agent

Heather Gibbs

Corcoran HM Properties License #295336

Corcoran HM Properties

Home Details

Home Type

  • Single Family

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
  • Covered Patio or Porch
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0.65 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1993
  • Ratio Current Price By Acre: 2679938.74
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Attic Fan, Attic Other, Attic Stairs Pulldown, Built Ins, Cable Available, Garage Shop, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2954
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1100
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1100
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1668
  • Porch: Covered,Patio
  • Fixture Exception Description: Washer/Dryer
  • Appliances: Ceiling Fan(s), Convection Oven, Cable Prewire, Gas Cooktop, Central Vacuum, Double Oven, Disposal, Dishwasher, Gas Range, Refrigerator, Down Draft, Gas Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Great Room
  • Living Area: 4622
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Boat Lift, In-Ground Irrigation, Pier, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Publically Maintained Road: 0
  • Waterfront Features: Boat Lift, Pier
  • Construction Type: Stucco, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Features: Waterfront, Water View
  • Lot Size Units: Acres
  • Parcel Number: 001-551-06
  • Zoning: Residential
  • Plat Reference Section Pages: 579-581
  • Lot Size: 117(R)X197x161(SL)x254
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.46619

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
Feb 1, 2017
Closed on
Apr 10, 2018
Sold by
Bought by
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%
Current Estimated Value
$3,347,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,597,956
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Jun 23, 2004
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
$975,000
Interest Rate
0.0262%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,750,000 None Available
$1,300,000 --
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 $590,000
Previous Owner $650,000
Previous Owner $773,000
Previous Owner $555,100
Previous Owner $975,000
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
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

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 -- $3,112,000 $1,595,000 $1,517,000
2024 -- $3,112,000 $1,595,000 $1,517,000
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

    15 Total Sales

    David Dunn
    Section Image
  • Heather Gibbs

    Buyer's Agent in 2018

    Heather Gibbs

    Corcoran HM Properties

    (704) 975-9485

    142 Total Sales

    Heather Gibbs
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3241193

Canopy MLS

APN: 001-551-06

North Carolina Mecklenburg County Cornelius 28031

22938 Torrence Chapel Rd, Cornelius, NC

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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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