$125,000
SOLD SEP 25, 2020

106 Fite Rd Belmont, NC 28012

3 Beds
1 Bath
1,474 Sq Ft
0.36 Acres

Recently Sold

$85 Per Sq Ft

22% Below List Price

18 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Bungalow
  • South Point High School Rated A-
  • Storage Room
  • Many Trees

About This Home

As of February 2021

Offers in hand, check for update with list agent before showing. Investors dream. Great fixer upper with lots of curb appeal in the beautiful Belmont area. 3 bedrooms, large great room, two storage units- can be removed upon request. Home pre-inspected, newer roof, and NO HOA.

Last Agent to Sell the Property

Danielle Santella

EXP Realty LLC Ballantyne License #244027 Listed on: 07/29/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Doris Sierra Sanchez

Real Broker, LLC License #319772

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Private Lot
  • Corner Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • Insulated Windows
  • Storage Room
  • Crawl Space

Flooring

  • Wood
  • Linoleum

Listing and Financial Details

  • Assessor Parcel Number 184404

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.83333
  • Ratio Close Price By Original Li: 0.78125
  • Ratio Current Price By Acre: 347222.22
  • Ratio Current Price By Sq Ft: 84.80
  • Year Built: 1948
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1474
  • Total Sq Ft: 1474

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 0.36
  • Lot Features: Corner Lot, Private, Trees
  • Lot Size Area: 0.360
  • Parcel Number: 184404
  • Zoning Specification: R1

Tax Info

  • Tax Value: 78190.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 17, 2021
Sold by
Emg Contracting Llc
Bought by
Combest Mark James
Seller's Agent
Doris Sierra Sanchez
Real Broker, LLC
Buyer's Agent
Mohammad Kakar
RE/MAX Results
List Price
$249,950
Sold Price
$257,000
Premium/Discount to List
$7,050
2.82%
Current Estimated Value
$264,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,264
Avg. Annual Appreciation
0.62%
Original Mortgage
$244,150
Outstanding Balance
$218,677
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$45,587

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 14, 2020
Sold by
Greene Ronald William and Greene Cynhia Sherin
Bought by
Emg Contracting Llc
Seller's Agent
Danielle Santella
EXP Realty LLC Ballantyne
Buyer's Agent
Doris Sierra Sanchez
Real Broker, LLC
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
506.12%
Original Mortgage
$115,200
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1961
Bought by
Greene Merle M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $257,000 Morehead Title Company
Warranty Deed $125,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,150 New Conventional
Previous Owner $115,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $257,000 +2.8% $174 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $249,950 +100.0% $170 / Sq Ft
09/25/2020 09/25/20 Sold $125,000 -16.7% $85 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $150,000 -6.3% $102 / Sq Ft
07/29/2020 07/29/20 For Sale $160,000 -- $109 / 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 $2,229 $222,060 $25,000 $197,060
2024 $2,229 $222,060 $25,000 $197,060
2023 $2,254 $222,060 $25,000 $197,060
2022 $1,577 $121,810 $16,500 $105,310
2021 $1,094 $121,810 $16,500 $105,310
2020 $514 $78,190 $16,500 $61,690
2019 $518 $78,190 $16,500 $61,690
2018 $568 $88,982 $14,400 $74,582
2017 $568 $88,982 $14,400 $74,582
2016 $334 $88,982 $0 $0
2014 $241 $65,388 $13,500 $51,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3635925

Canopy MLS (Canopy Realtor® Association)

APN: 184404