NOT LISTED FOR SALE

1014 Timberlake Point Unit 7 Belmont, NC 28012

Estimated Value: $949,000 - $1,721,919

0.69 Acre
$1,791,265 Price per Acre
30,056 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $580,000

Est. 113% increase in value since last sale

Current estimated payment $7,452/month

31 Days on Market

Highlights

  • Waterfront
  • Trails
  • Level Lot
  • New Hope Elementary School Rated 10

About This Lot

As of March 2022

Exclusive Hunts Point, a new waterfront enclave within McLean is located in Belmont NC on Lake Wylie. Featuring only 22 large homesites in a private location with many lots facing the Lands Conservancy wooded Carolina Thread Trail. Many of the premier waterfront homesites face west. This is homesite #7 and faces west with a wide view across and down a wide bay of the lake. It is located at the end of the Timberlake Point in a cul-de-sac. Shoreline is easy to navigate and has a wide pier zone for dock placement, giving you options. With a permit and approved plan, the lot may have a dock. This homesite could fit a crawl or basement foundation depending on your plan and site placement. Most homesites have space for a private pool and outdoor living features if you desire. There is no time limit in which to build your home. Hunts Point offers easy access to the Carolina Thread Trail with paved access from Hunts Point. Offers will be accepted until 6pm on Wednesday, January 5 at 6pm.

Last Agent to Sell the Property

Anne Brade

RE/MAX Executive Brokerage Email: Anne@AnneBrade.com License #226410 Listed on: 12/17/2021

RE/MAX Executive

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,028

Lot Details

  • 0.69 Acre Lot
  • Waterfront
  • Level Lot
  • Possible uses of the property include Residential
  • Property is zoned GR-CD, GR

HOA Fees

  • $217 Monthly HOA Fees

Property Views

  • Water Views

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Garage
  • Basement Garage

Schools

  • New Hope Elementary School
  • Cramerton Middle School
  • South Point High School

Listing and Financial Details

  • Assessor Parcel Number 306603

Community Details

Overview

  • Property Matters Realty Association, Phone Number (704) 861-0833
  • Mclean Hunts Point Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$9,028

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: CCR and ARC Submittal/Review
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: Anne@AnneBrade.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Residential
  • Has Basement: Basement
  • Basement YN: Yes

Exterior Features

  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Wylie
  • Waterfront Features: Lake, None
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 2600
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Property Matters Realty
  • Phone: 704-861-0833
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 2600.00

Schools

  • Middle Or Junior School: Cramerton
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake On Property, Level, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 306603
  • Zoning: GR
  • Plat Book Slide: 95/58
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0000
  • Lot Size Acres: 0.69
  • Lot Size: 0.69
  • Lot Size Sq Ft: 30056
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR-CD

MLS Schools

  • Elementary School: New Hope
  • High School: South Point (NC)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Mar 2, 2022
Sold by
Nw Lake Wylie Llc
Bought by
Shell Leslie Graham and Shell Lori Phillips
Seller's Agent
Anne Brade
RE/MAX Executive
Buyer's Agent
Non Member
Canopy Administration
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%
Current Estimated Value
$1,235,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,973
Avg. Annual Appreciation
22.29%
Original Mortgage
$305,000
Outstanding Balance
$240,807
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$995,166
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Shell Leslie Graham $580,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shell Leslie Graham $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $580,000 +5.5% --
01/17/2022 01/17/22 For Sale $550,000 0.0% --
01/17/2022 01/17/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $550,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $9,028 $856,580 $572,100 $284,480
2024 $6,030 $606,510 $572,100 $34,410
2023 $6,093 $572,100 $572,100 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3814262

Canopy MLS (Canopy Realtor® Association)

APN: 306603