NOT LISTED FOR SALE

111 Catawba Cove Ln Belmont, NC 28012

Estimated Value: $3,220,000 - $3,567,000

4 Beds
8.5 Baths
9,521 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $2,100,000 $221 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $19,965/month

136 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Outdoor Fireplace
  • Cramerton Middle School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2020

Pre-appraised! The epitome of premium lakefront living! Double entry doors open into the 2-story foyer w/ a glistening chandelier, faux Juliette balconies & a curved staircase. From here, you can step through to the formal DR or the study while an exec ktch awaits the home chef. There’s a suite of high-end appliances inc. a 60" Viking stove w/ double ovens, & a Sub Zero freezer & fridge. There’s a bfast room while this level also boasts a formal LR w/ a gas FP & a chandelier, den w/ a FP & a luxurious master suite. Fit for a king, the MBR boasts stunning lake views & a sitting area w/ a turret ceiling. The long list of show-stopping feat. continues in the basement w/ a 2nd quarters inc. a Ktch & a BR. Soaring 9' ceilings flow throughout this level which also offers a rec room, gym, & movie theater. From here, you can step out to the expansive covered & open-air patios which feature a pavilion kitchen w/ Viking SS appliances, TV, a center island and, of course, breathtaking lake views.

Last Agent to Sell the Property

Brett Carraway

Northstar Real Estate, LLC License #289414 Listed on: 11/18/2019

Last Buyer's Agent

Bethiel Tesfasillasie

Betmeca Realty Group License #221579

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Irrigation

Parking

  • Workshop in Garage
  • Circular Driveway

Home Design

  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 194492

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.91304
  • Ratio Current Price By Acre: 2187500.00
  • Ratio Current Price By Sq Ft: 220.57
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 2273
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Security System, Surround Sound, Freezer, Warming Drawer, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Living Room, Porch, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Walk-in, Basement Shop, Breakfast Bar, Built-Ins, Cable Available, Garage Shop, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Main, Basement, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Exterior Connected, Interior Connected, Room w/ Private Bath, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
  • Lower Level Sq Ft: 3034
  • Main Level Sq Ft: 4214
  • Total Sq Ft: 9521
  • Sq Ft Unheated Lower: 264
  • Sq Ft Unheated Main: 224
  • Sq Ft Unheated Total: 794
  • Sq Ft Unheated Upper: 306

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen

Garage/Parking

  • Driveway: Circular, Concrete, Gated
  • Parking: Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Lot Info

  • Lot Features: Lake Access, Lake, Views, Waterfront, Year Round View
  • Parcel Number: 194492
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 1885200.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Myxos Corporation
Bought by
Myxos Corp
Current Estimated Value
$3,417,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.29%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jun 29, 2020
Sold by
Weston Steven and Weston Lisa
Bought by
Myxos Corporation
Seller's Agent
Brett Carraway
Northstar Real Estate, LLC
Buyer's Agent
Bethiel Tesfasillasie
Betmeca Realty Group
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Mar 10, 1997
Bought by
Weston Steven
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Myxos Corp -- None Listed On Document
Myxos Corp -- None Listed On Document
Myxos Corporation $2,150,000 None Available
Weston Steven $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Myxos Corp $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $2,100,000 -8.7% $221 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $2,300,000 0.0% $242 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $2,300,000 -- $242 / 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 $24,500 $3,431,430 $365,300 $3,066,130
2024 $24,500 $3,431,440 $365,300 $3,066,140
2023 $23,849 $3,431,440 $365,300 $3,066,140
2022 $23,101 $2,510,940 $260,930 $2,250,010
2021 $17,476 $3,823,920 $260,930 $3,562,990
2019 $17,419 $1,885,200 $260,930 $1,624,270
2018 $12,955 $1,335,611 $248,500 $1,087,111
2017 $12,795 $1,335,611 $248,500 $1,087,111
2016 $12,795 $1,335,611 $0 $0
2014 $12,439 $1,309,344 $249,000 $1,060,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3569303

Canopy MLS (Canopy Realtor® Association)

APN: 194492