NOT LISTED FOR SALE

1120 Verdant Ridge Cir Belmont, NC 28012

Estimated Value: $151,054 - $275,000

0.78 Acre
$273,112 Price per Acre
33,977 Sq Ft Lot

Last Sold September 07, 2023

Last sale price $145,000

Est. 47% increase in value since last sale

Current estimated payment $1,223/month

136 Days on Market

Highlights

  • Access To Lake
  • Boat Slip
  • Clubhouse
  • Belmont Central Elementary School Rated A-
  • Waterfront
  • Community Pool

About This Lot

As of September 2023

Build your dream home in this .78 lot in the desirable Reflection Pointe community in Belmont, NC. Lot features both front & back lighted fountained pond views, as well as a deeded boat slip in the community marina that allows you to experience lake life. Proposed crawl-space home architectural blueprints available upon request. Reflection Pointe is a waterfront community located on the North Carolina shores of Lake Wylie, featuring a clubhouse, pool, tennis/pickleball courts, paved walking trails with beautiful ponds, recreation/soccer field, boat/RV storage area, a waterfront pavilion, and a marina with a sandy beach area on Lake Wylie. Reflection Pointe offers residents the small town charm of Belmont and lake living at its best only 35 minutes from the arts, businesses, and sports of Charlotte, North Carolina’s largest city and only 20 minutes from Charlotte Douglas International Airport.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #322281 Listed on: 04/24/2023

Last Buyer's Agent

Javier Sims Davila

RE/MAX Metro Realty License #311716

RE/MAX Metro Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,103

Lot Details

  • Waterfront
  • Possible uses of the property include Residential

Listing and Financial Details

  • Assessor Parcel Number 204030

Community Details

Overview

  • Reflection Pointe Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$1,103

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Water Body Name: Lake Wylie
  • Waterfront Features: Beach - Public, Boat Slip (Deed), Paddlesport Launch Site - Community
  • Foundation Details Proposed: Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake Access, Outdoor Pool, Picnic Area, Playground, Recreation Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Pond(s), Views, Waterfront
  • Lot Size Area: 0.78
  • Lot Size Units: Acres
  • Parcel Number: 204030
  • Zoning: RES
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 7, 2023
Sold by
Mandakovic Janko and Mandakovic Maria
Bought by
Hyde Michael and Hyde Stacey
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Javier Sims Davila
RE/MAX Metro Realty
List Price
$115,000
Sold Price
$145,000
Premium/Discount to List
$30,000
26.09%
Total Days on Market
136
Views
57
Current Estimated Value
$213,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,027
Avg. Annual Appreciation
24.43%

Purchase Details

Closed on
Jan 15, 2004
Sold by
North Star Investors Ii Llc
Bought by
Purtell Mark and Purtell Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,092
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Hyde Michael $145,000 None Listed On Document
Purtell Mark $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purtell Mark $85,000
Previous Owner Purtell Mark $79,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $145,000 0.0% --
05/03/2023 05/03/23 Off Market $145,000 -- --
04/24/2023 04/24/23 For Sale $115,000 -- --
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 $1,103 $96,160 $79,660 $16,500
2023 $938 $79,660 $79,660 $0
2022 $522 $40,000 $40,000 $0
2021 $628 $40,000 $40,000 $0
2019 $632 $40,000 $40,000 $0
2018 $644 $40,000 $40,000 $0
2017 $538 $40,000 $40,000 $0
2016 $538 $40,000 $0 $0
2014 $1,681 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4023166

Canopy MLS (Canopy Realtor® Association)

APN: 204030