NOT LISTED FOR SALE

107 E Main St Belmont, NC 28012

Estimated Value: $220,000 - $275,000

3 Beds
2 Baths
2,100 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $129,900 $62 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,368/month

5 Days on Market

Highlights

  • Traditional Architecture
  • South Point High School Rated A-
  • Level Lot

About This Home

As of February 2020

This is currently built as a multifamily duplex, however the zoning shows single family and we are not sure on the status of permits for the back addition as the duplex has been rented for over 30 years. The tenants have been there 7 years combined. Total rents are $1300 currently with room to increase. Property being sold as-is, where-is. Seller prefers closing in 15 days or less. Interior inspection upon approved offer. DO NOT DISTURB TENANTS OR GO ONTO THE PROPERTY!

Last Agent to Sell the Property

Jessica Sinski

Carolina Residential Group LLC License #285464 Listed on: 02/08/2020

Last Buyer's Agent

Katy Moss

Moss Realty License #264147

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.27

Home Design

  • Duplex
  • Traditional Architecture

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Tenant pays for all except water
  • Assessor Parcel Number 184374

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 481111.11
  • Ratio Current Price By Sq Ft: 61.86
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Exhaust Hood
  • Fixture Exception Description: Palm Tree
  • Fixture Exception Yn: Yes
  • Laundry Location: Main, Closet
  • Total Sq Ft: 2100

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Earth
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - Heat, Wall Unit - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Features: Level
  • Parcel Number: 184374
  • Zoning Specification: R1

Rental Info

  • Tenant Pays: All except water

Tax Info

  • Tax Value: 92310.00
  • Tax Location: Belmont

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Blue Monarch Properties Llc
Bought by
Rogers Lake Partnership
Current Estimated Value
$243,222

Purchase Details

Listed on
Feb 8, 2020
Closed on
Feb 25, 2020
Sold by
Denver Flips Llc
Bought by
Blue Monarch Properties Llc
Seller's Agent
Jessica Sinski
Carolina Residential Group LLC
Buyer's Agent
Katy Moss
Moss Realty
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$137,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2017
Sold by
Fletcher Chris L and Fletcher Anita R
Bought by
Cribb Robert E and Cribb Tammy M

Purchase Details

Closed on
Feb 20, 2001
Sold by
Fletcher Chris L and Fletcher Anita R
Bought by
Cribb Robert E and Cribb Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rogers Lake Partnership -- None Listed On Document
Rogers Lake Partnership -- None Listed On Document
Blue Monarch Properties Llc $130,000 None Available
Denver Flips Llc $95,000 None Available
Cribb Robert E -- Chicago Title Insurance Comp
Cribb Robert E $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denver Flips Llc $137,000
Previous Owner Cribb Robert E $52,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $129,900 0.0% $62 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $129,900 0.0% $62 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $129,900 -- $62 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,243 $123,800 $25,000 $98,800
2024 $1,243 $123,800 $25,000 $98,800
2023 $1,257 $123,800 $25,000 $98,800
2022 $1,195 $92,310 $16,500 $75,810
2021 $1,214 $92,310 $16,500 $75,810
2019 $612 $92,310 $16,500 $75,810
2018 $612 $95,258 $14,400 $80,858
2017 $1,334 $95,258 $14,400 $80,858
2016 $829 $95,258 $0 $0
2014 $535 $61,545 $13,500 $48,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3590285

Canopy MLS (Canopy Realtor® Association)

APN: 184374