NOT LISTED FOR SALE

108 Cherry Crossing Ln Belmont, NC 28012

Estimated Value: $1,059,395 - $1,121,000

5 Beds
5 Baths
3,848 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $883,063 $229 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,773/month

257 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Community Lake
  • Cramerton Middle School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of July 2022

Pre-Sale Buyer. For Comp Purpose.

Last Agent to Sell the Property

Linda Marucci

BSI Builder Services License #165654 Listed on: 10/13/2021

Last Buyer's Agent

Lauren Burkhardt

Keller Williams Premier License #329698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,912

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Private Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as GR-CD

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Deck

Schools

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

Utilities

  • Zoned Heating System
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 207743

Community Details

Overview

  • Property Matters Association, Phone Number (704) 861-0833
  • Built by Peachtree Residential
  • Mclean South Shore Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,912

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2022
  • Ratio Current Price By Acre: 1471771.67
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1751
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2287
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2287
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2097
  • Porch: Back,Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Disposal, Electric Dryer Hookup, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Plumbed For Ice Maker, Microwave, Self Cleaning Oven, Wall Oven
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Vented, Great Room, Wood Burning
  • Living Area: 3848
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation, Underground Power Lines, Wired Internet Available
  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 677
  • Parking Features: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, Playground, Pond, Street Lights, Walking Trails
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Property Matters
  • Phone: 704-861-0833
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Pond(s), Private, Water View, Wooded
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Parcel Number: 207743
  • Zoning Description: GR-CD

Building Info

  • Builder Name: Peachtree Residential

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Jul 27, 2022
Sold by
Peachtree Residential Llc
Bought by
Ptacek Nicholas Dean and Ptacek Rashi Katyal
Seller's Agent
Linda Marucci
BSI Builder Services
Buyer's Agent
Lauren Burkhardt
Keller Williams Premier
List Price
$883,063
Sold Price
$883,063
Current Estimated Value
$1,088,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,286
Avg. Annual Appreciation
6.51%
Original Mortgage
$530,000
Outstanding Balance
$461,365
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$608,478
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
Ptacek Nicholas Dean $884,000 Thebeau & Associates Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ptacek Nicholas Dean $530,000
Previous Owner Peachtree Residential Llc $1,159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $883,063 0.0% $229 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $883,063 -- $229 / 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
2024 $8,912 $845,540 $120,000 $725,540
2023 $9,005 $845,540 $120,000 $725,540
2022 $1,436 $110,000 $100,000 $10,000
2021 $257 $100,000 $100,000 $0
2019 $404 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3888583

Canopy MLS (Canopy Realtor® Association)

APN: 300059