NOT LISTED FOR SALE

1029 Peninsula Dr Unit Lot 8 Belmont, NC 28012

Estimated Value: $998,000 - $1,308,928

0.58 Acre
$1,918,350 Price per Acre
25,265 Sq Ft Lot

Last Sold September 14, 2012

Last sale price $230,000

Est. 384% increase in value since last sale

Current estimated payment $6,938/month

182 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Wooded Lot
  • Belmont Central Elementary School Rated A-
  • Community Lake

About This Lot

As of September 2012

New community with wooded waterfront homesites, breathtaking views of Lake Wylie. Shady hardwoods accentuate the natural beauty. Lot 8 Lakepoint has approx 150' shoreline, big open view. Build your home & dock and enjoy lakefront living, using your own builder or one of ours. You won't find a better value for lots like these! Don't miss the virtual tour.

Last Agent to Sell the Property

David Coone

ERA Live Moore License #200488 Listed on: 01/19/2012

Last Buyer's Agent

Karen Nunziata

Trade Street Properties & Investments LLC License #192267

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 218293

Community Details

Overview

  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.92000
  • Ratio Current Price By Acre: 396551.72
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Livestock Restriction, Architectural Review, Square Feet
  • Foundation Details Proposed: Crawl Space
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake, Lake Access
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 71x225x150WFx202'
  • Lot Features: Waterfront, Water view, Wooded
  • Lot Size Area: 0.580
  • Lot Size Units: Acres
  • Parcel Number: 218293
  • Zoning Specification: res

Tax Info

  • Tax Value: 220000.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2012
Closed on
Sep 14, 2012
Sold by
Lake Point Development Corp
Bought by
Somers Timothy F and Somers Lisa M
Seller's Agent
David Coone
ERA Live Moore
Buyer's Agent
Karen Nunziata
Trade Street Properties & Investments LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$1,112,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,643
Avg. Annual Appreciation
12.83%
Original Mortgage
$195,500
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Somers Timothy F $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Timothy F $70,000
Closed Somers Timothy F $195,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $230,000 -8.0% --
07/19/2012 07/19/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $250,000 -- --
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 $10,355 $982,410 $281,100 $701,310
2024 $10,355 $982,410 $281,100 $701,310
2023 $10,463 $982,410 $281,100 $701,310
2022 $8,647 $662,630 $210,830 $451,800
2021 $8,912 $662,630 $210,830 $451,800
2019 $8,979 $662,630 $210,830 $451,800
2018 $8,518 $602,438 $210,825 $391,613
2017 $8,103 $602,438 $210,825 $391,613
2016 $3,097 $230,275 $0 $0
2014 $3,581 $243,032 $220,000 $23,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2061007

Canopy MLS (Canopy Realtor® Association)

APN: 218293