NOT LISTED FOR SALE

112 Lakewood Rd Belmont, NC 28012

Estimated Value: $321,000 - $410,056

3 Beds
3 Baths
2,600 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $145,000 $56 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,168/month

23 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Belmont Central Elementary School Rated A-
  • Wooded Lot
  • Fireplace

About This Home

As of June 2018

Great location on a .46 acre wooded lot just 1/2 mile from US 29-74. Quick access to I-85. Home has hardwoods in most main living areas. Open floorplan. Fireplace in living room. Beautiful architectural details abound in this contemporary-style ranch home with partially finished basement. Glassed-in sunroom with broken tile floor. The view is beautiful of the wooded lot. Can be a home with 2nd living quarters as finished part of basement has 1 bedroom, 1 bath, family room and a kitchen area. Sliding doors exit out to the rear patio. The lot is almost half an acre with mature trees, azaleas and more. Lakewood neighborhood has an entrance to Goat Island Park just 1/2 mile away. Home is priced for investor or homeowner who sees the abundance of value this home may bring. As-is purchase only. No repairs by seller. No price reduction once an acceptable contract is signed. Serious buyers only!! This home needs a lot of TLC but has tons of potential. Some estimates for repairs are available.

Last Agent to Sell the Property

Dierdre Rhinehart

Keller Williams Connected License #62822 Listed on: 05/24/2018

Keller Williams Connected

Last Buyer's Agent

Christyn Denton

Premier South License #209265

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 195266

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary, Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.72864
  • Ratio Close Price By Original Li: 0.72864
  • Ratio Current Price By Acre: 315217.39
  • Ratio Current Price By Sq Ft: 55.77
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished, Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-Ins, Open Floorplan
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Exterior Not Connected, Exterior Connected
  • Sq Ft Basement: 600
  • Main Level Sq Ft: 2000
  • Total Sq Ft: 2600
  • Sq Ft Unheated Main: 760
  • Sq Ft Unheated Total: 760

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Belmont Central
  • Middle School: Belmont
  • High School: Stuart W Cramer

Lot Info

  • Lot Dimension: 120x195
  • Lot Features: Cul-de-sac Lot, Wooded
  • Lot Size Area: 0.460
  • Parcel Number: 195266
  • Zoning Specification: R1

Tax Info

  • Tax Value: 175790.00
  • Tax Location: Cramerton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 29, 2018
Sold by
Rusher Julie B and Davis Quillin Gourley
Bought by
Hudson Real Estate Llc
Seller's Agent
Dierdre Rhinehart
Keller Williams Connected
Buyer's Agent
Christyn Denton
Premier South
List Price
$199,000
Sold Price
$145,000
Premium/Discount to List
-$54,000
-27.14%
Current Estimated Value
$352,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,014
Avg. Annual Appreciation
13.38%

Purchase Details

Closed on
Jul 22, 1999
Sold by
Bynum Earl A and Bynum Elaine Bynum
Bought by
Rusher Julie B and Lowrance Vincent C
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
Hudson Real Estate Llc $145,000 None Available
Rusher Julie B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $145,000 -27.1% $56 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $199,000 -- $77 / 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 $3,182 $310,670 $38,000 $272,670
2024 $3,197 $309,220 $38,000 $271,220
2023 $3,262 $309,220 $38,000 $271,220
2022 $2,135 $166,180 $31,000 $135,180
2021 $2,169 $166,180 $31,000 $135,180
2019 $2,185 $166,180 $31,000 $135,180
2018 $2,364 $175,790 $24,000 $151,790
2017 $2,364 $175,790 $24,000 $151,790
2016 $2,364 $175,790 $0 $0
2014 $1,875 $139,433 $30,000 $109,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3395912

Canopy MLS (Canopy Realtor® Association)

APN: 195266