NOT LISTED FOR SALE

116 Cherry Crossing Ln Belmont, NC 28012

Estimated Value: $1,082,415 - $1,148,000

5 Beds
4.5 Baths
4,124 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $930,495 $226 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,853/month

267 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: 10/01/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,407

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Wooded Lot
  • Zoning described as GR-CD

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Great Room with Fireplace
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Deck
  • Shed
  • Outbuilding

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

$9,407

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: Farmhouse
  • Year Built: 2022
  • Ratio Current Price By Acre: 1691809.09
  • 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, Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, 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: 2359
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 630
  • Sq Ft Unheated Upper: 630
  • Sq Ft Upper: 1765
  • Porch: Back,Covered,Deck,Front
  • Appliances: Cable Prewire, CO Detector, Gas Cooktop, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Exhaust Fan, Gas Range, Plumbed For Ice Maker, Microwave, Self Cleaning Oven, Wall Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Vented, Great Room
  • Living Area: 4124
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s), Wired Internet Available
  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 724
  • 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: g-On-Demand Water Heater
  • 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: Wooded
  • Lot Size Area: 0.55
  • 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 1, 2021
Closed on
Jul 25, 2022
Sold by
Peachtree Residential Llc
Bought by
Chop Family Trust
Seller's Agent
Linda Marucci
BSI Builder Services
Buyer's Agent
Non Member
Canopy Administration
List Price
$930,495
Sold Price
$930,495
Current Estimated Value
$1,095,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,132
Avg. Annual Appreciation
5.45%
Original Mortgage
$647,200
Outstanding Balance
$621,672
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$473,410
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
Chop Family Trust $931,000 Thebeau & Associates Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chop Family Trust $647,200
Previous Owner Peachtree Residential Llc $1,159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $930,495 0.0% $226 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $930,495 -- $226 / 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 $9,407 $892,490 $120,000 $772,490
2023 $9,505 $892,490 $120,000 $772,490
2022 $3,051 $233,780 $100,000 $133,780
2021 $236 $100,000 $100,000 $0
2019 $371 $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: 3887766

Canopy MLS (Canopy Realtor® Association)

APN: 300057