NOT LISTED FOR SALE

1020 Peninsula Dr Belmont, NC 28012

Estimated Value: $850,000 - $887,000

4 Beds
3.5 Baths
3,679 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $775,000 $211 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,323/month

40 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Vaulted Ceiling
  • Belmont Central Elementary School Rated A-
  • Wooded Lot
  • Transitional Architecture

About This Home

As of July 2023

Home back on the market through no fault of the sellers, Buyer's circumstances changed. Lake side living meets classic elegance in the desirable Lakepoint neighborhood! Rocking chair front porch affords lake views. Light & bright, open floor plan, spacious rooms. Welcoming 2-story foyer, graceful study & dining rooms, all w/custom crown moldings. Following are updated kitchen/breakfast, sitting area, light-filled sunroom w/drop-zone & large family room w/oversized stone fireplace. Laundry room off the kitchen & garage entrance is a favorite! All bedrooms are up. 2nd level can live as 3 BRs & a bonus or 4 BRs. Large 3rd level room w/alcoves, a built-in computer niche/desk can also be a BR or bonus. Many options for your family with this floor plan! Rear screened porch w/fireplace & deck are large, running the length of the interior! Garage w/built-in storage, private well for in-ground irrigation only. Fenced rear yard w/storage shed. Community features include a marina w/lake access.

Last Agent to Sell the Property

Cindi Hastings

Cottingham Chalk License #229025 Listed on: 05/04/2023

Cottingham Chalk

Last Buyer's Agent

Christyn Denton

Premier South License #209265

Premier South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,152

Year Built

  • Built in 2010

Lot Details

  • Back Yard Fenced
  • Wooded Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Access To Lake
  • Fireplace in Patio
  • Outdoor Fireplace

Schools

  • Belmont Central Elementary School
  • Belmont Middle School
  • South Point High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 218328

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Lakepoint Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,152

Year Built

Built in 2010

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2010
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two and a Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 210.66
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Built-in Features, Cable Prewire, Drop Zone, Entrance Foyer, Open Floorplan, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1819
  • Third Level Sq Ft: 458
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1402
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 3679
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Outside, Porch
  • Living Area: 3679
  • Bedroom Main: 0
  • Room Count: 17
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Water Body Name: Lake Wylie
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community, Dock, Paddlesport Launch Site - Community
  • Construction Type: Stone Veneer, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 455
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Faces Side

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City, Well

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Recreation Area, Street Lights
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 375.00

Schools

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

Lot Info

  • Lot Features: Wooded, Views
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 218328
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Belmont Central
  • High School: South Point (NC)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 21, 2021
Sold by
Cipriano Dominic and Cipriano Lori Ward
Bought by
Pendleton Palmer Clifford and Pendleton Danielle Rene
Seller's Agent
Chip Wilson
Housewins Investments LLC
Buyer's Agent
Donald Hindle
Southern Homes of the Carolinas, Inc
List Price
$674,500
Sold Price
$645,000
Premium/Discount to List
-$29,500
-4.37%
Current Estimated Value
$863,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,559
Avg. Annual Appreciation
6.94%
Original Mortgage
$516,000
Outstanding Balance
$457,664
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$405,895

Purchase Details

Closed on
Sep 28, 2011
Sold by
Cipriano Dominic J and Cipriano Lori Ward
Bought by
Cipriano Dominic J and Cipriano Lori Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Nvr Inc
Bought by
Cipriano Dominic J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,032
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Lake Point Development Corporation
Bought by
Nvr Inc and Ryan Homes Inc
Source: Public Records

Range of Values:

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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
Pendleton Palmer Clifford $645,000 None Available
Cipriano Dominic J -- None Available
Cipriano Dominic J $280,500 None Available
Nvr Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendleton Palmer Clifford $516,000
Previous Owner Cipriano Dominic J $28,900
Previous Owner Cipriano Dominic J $240,500
Previous Owner Cipriano Dominic J $224,032
Previous Owner Cipriano Dominic J $27,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $775,000 0.0% $211 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $775,000 0.0% $211 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $775,000 -3.1% $211 / Sq Ft
05/04/2023 05/04/23 For Sale $800,000 +24.0% $217 / Sq Ft
04/29/2021 04/29/21 Sold $645,000 -4.4% $166 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $674,500 -- $173 / Sq Ft
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 $7,152 $678,520 $85,000 $593,520
2024 $7,152 $678,520 $85,000 $593,520
2023 $7,226 $678,520 $85,000 $593,520
2022 $5,724 $438,600 $45,000 $393,600
2021 $5,527 $410,950 $45,000 $365,950
2020 $5,527 $410,950 $45,000 $365,950
2019 $5,481 $404,520 $45,000 $359,520
2018 $4,692 $338,760 $52,000 $286,760
2017 $4,556 $338,760 $52,000 $286,760
2016 $4,169 $309,998 $0 $0
2014 $4,414 $328,194 $60,000 $268,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4026775

Canopy MLS (Canopy Realtor® Association)

APN: 218328