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18505 Torrence Chapel Estates Cir

Cornelius, NC 28031

4 bd 2 ba 1,947 sqft Built 2003 Lot 14,127 sqft single_family
Most recent sale
$410,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $410,000 MLS #3836455
Jun 18, 2020 Sold $278,000 MLS #3622526
Dec 1, 2003 Sold $173,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $288,200 $95,000 $383,200 $2,564
2021 $175,300 $75,000 $250,300 $2,139
2020 $175,300 $75,000 $250,300 $2,139
2019 $175,300 $75,000 $250,300 $2,133
2018 $124,300 $40,000 $164,300 $1,799
2017 $124,300 $40,000 $164,300 $1,783
2016 $124,300 $40,000 $164,300 $1,780
2015 $124,300 $40,000 $164,300 $1,752
2014 $124,300 $40,000 $164,300 $1,750
2013 $124,300 $40,000 $164,300 $1,750
2012 $124,500 $40,000 $164,500 $1,711
2011 $124,500 $40,000 $164,500 $1,770
2010 $146,500 $34,000 $180,500 $2,025
2009 $146,500 $34,000 $180,500 $2,025
2008 $146,500 $34,000 $180,500 $2,025
2007 $146,500 $34,000 $180,500 $2,022

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,947 sqft
Lot size
14,127 sqft
ZIP code
28031
City
Cornelius
Street
Torrence Chapel Estates Cir
Coordinates
35.49562, -80.88296

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,628
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value

Frequently asked questions

When did 18505 Torrence Chapel Estates Cir last sell?
18505 Torrence Chapel Estates Cir most recently sold on Jun 7, 2022 for $410,000.
What is the current tax assessment for 18505 Torrence Chapel Estates Cir?
The most recent total assessment for 18505 Torrence Chapel Estates Cir (year 2024) is $383,200 with $2,564 in property tax.
How does 18505 Torrence Chapel Estates Cir's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $410,000.
When was 18505 Torrence Chapel Estates Cir built?
18505 Torrence Chapel Estates Cir was built in 2003.
How does 18505 Torrence Chapel Estates Cir compare to others on Torrence Chapel Estates Cir?
We track 2 other properties on Torrence Chapel Estates Cir. Browse the list under "Other properties on Torrence Chapel Estates Cir" to compare beds, baths, and sale history.
What are the property facts for 18505 Torrence Chapel Estates Cir?
18505 Torrence Chapel Estates Cir is a 4 bed, 2 bath, 1,947 sqft, 14,127 sqft lot single_family.
Is 18505 Torrence Chapel Estates Cir a flip candidate?
Yes — 18505 Torrence Chapel Estates Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 18505 Torrence Chapel Estates Cir a tax-appeal candidate?
No — 18505 Torrence Chapel Estates Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$940.7K
2026 Q4
$929.4K
ZIP 28031 — Median Price History + Forecast

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