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18312 Torrence Chapel Estates Circle
18312 Torrence Chapel Estates Circle
$513,569 (our value guesstimate)
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Cornelius, NC 28031 ▪  (MLS # 3769357)
2-car garage  ▪   Built: 2003
4 bed  ▪  2 full bath  ▪  2,117 Sq Ft
Sold for $415,000 on Dec 16, 2021
18312 Torrence Chapel Estates Circle
$513,569 (our value guesstimate)
Cornelius, NC 28031 ▪  (MLS # 3769357)
2-car garage  ▪   Built: 2003
4 bed  ▪  2 full bath  ▪  2,117 Sq Ft
Sold for $415,000 on Dec 16, 2021
SOLD DEC 16, 2021
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$415,000  (sales price)
4 bed  ▪  2 full bath  ▪  2,117 Sq Ft
18312 Torrence Chapel Estates Circle
Cornelius, NC 28031 (MLS # 3769357)
.47 acres  ▪   Built: 2003
Subdivision: Torrence Chapel Estates
Cornelius, NC / 28031

Our Value Guesstimate (from Computer Algorithm): $513,569

Our computer algorithm has estimated that this home would be likely to sell in a range between $436,534 and $590,604.
Sale Details
Sales Price: $415,000
Closed: Dec 16, 2021 (833 days ago)
List Price: $425,000
Sold for: 98% of list price
Cumulative Days on Market: 49
Price/Sq Ft: $196
Remarks - 18312 Torrence Chapel Estates Circle
(from previous listing) Minutes away from Lake Norman, public boat launch three miles away. Awesome move in ready 4 bedroom home in desired location. New: roof, paint, carpet and top of the line laminate floors on the main floor. Huge, private, level, fenced in yard with large freshly painted deck. Rocking chair front porch. Spacious kitchen includes granite countertops, double sink, large cabinets, pantry, new disposal and sunny breakfast area. New blinds. Owner's suite has walk in closet, tray ceiling, large bathroo ...
Continue reading

General Info - MLS # 3769357
Parking: Attached, Garage - 2 Car
Year Built: 2003
Listing Status: Sold
Property Type: Single Family Home
Location: Cornelius / Mecklenburg County
Lot Size: .47 acres
Area Schools
9/10
Cornelius Elementary School
Distance: 1.6 mi
10/10
Bailey Middle School
Distance: 3.4 mi
10/10
William Amos Hough High School
Distance: 3.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Torrence Chapel Estates
Listing History
12/16/2021: MLS Sold for $415,000 (Canopy MLS)
Cumulative Days on Market: 49
More details

05/08/2015: MLS # 3061890 sold for $223,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 87
County Tax Data
2023 County Tax Assessment: $421,400
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $2,768

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

See Sold Homes in Torrence Chapel Estates
SOLD OCT 10, 2023
Sold for $244/Sq Ft & 100% of list
4 cumulative days on market
$489,000 (sales price)
3 bed  ▪  2 full bath  ▪  2,002 SqFt
21705 Torrence Chapel Rd
Cornelius, NC 28031
Torrence Chapel Estates
0.2 mi.

SOLD OCT 27, 2022
Sold for $192/Sq Ft & 93% of list
119 cumulative days on market
$435,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,264 SqFt
18521 Torrence Chapel Estates Cir
Cornelius, NC 28031
Torrence Chapel Estates
0.2 mi.

SOLD MAY 24, 2022
Sold for $194/Sq Ft & 102% of list
3 cumulative days on market
$535,000 (sales price)
5 bed  ▪  2 full & 1 h. bath  ▪  2,758 SqFt
18326 Torrence Chapel Estates St
Cornelius, NC 28031
Torrence Chapel Estates
0.0 mi.


28031 ZIP Code Trends
28031 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28031 is the 33rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28031 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

15
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

20%
Of Recently Sold Homes
Over Asking Price
20% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

48%
of Available Homes
Are Under Contract
48% of previously owned 28031-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28031 Area Metro Area
1-year - 4% + 3%
2-year + 6% + 2%
5-year +66% +66%
The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

20%
Of Recently Sold Homes
Over Asking Price

20% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

Price Per Square Foot Change
Period 28031
Area
Metro
Area
1-year - 4% + 3%
2-year + 6% + 2%
5-year +66% +66%

The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

48%
of Available Homes
Are Under Contract

48% of previously owned 28031-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $513,569

Our computer algorithm has estimated that this home would be likely to sell in a range between $436,534 and $590,604.


Sale Details
Sales Price: $415,000
Closed: Dec 16, 2021 (833 days ago)
List Price: $425,000
Sold for: 98% of list price
Cumulative Days on Market: 49
Price/Sq Ft: $196
Remarks
(from previous listing) Minutes away from Lake Norman, public boat launch three miles away. Awesome move in ready 4 bedroom home in desired location. New: roof, paint, carpet and top of the line laminate floors on the main floor. Huge, private, level, fenced in yard with large freshly painted deck. Rocking chair front por ...
Continue reading

General Info - MLS 3769357
Parking: Attached, Garage - 2 Car
Year Built: 2003
Listing Status: Sold
Property Type: Single Family Home
Location: Cornelius / Mecklenburg County
Lot Size: .47 acres

Neighborhood Info
Subdivision: Torrence Chapel Estates
Listing History
12/16/2021: MLS Sold for $415,000 (Canopy MLS)
Cumulative Days on Market: 49
More details


05/08/2015: MLS # 3061890 sold for $223,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 87
Area Schools
9/10
Cornelius Elementary School
Distance: 1.6 mi
10/10
Bailey Middle School
Distance: 3.4 mi
10/10
William Amos Hough High School
Distance: 3.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Torrence Chapel Estates neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Heron Harbor, Waterford Point, and Lake Point Shores.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.