NOT LISTED FOR SALE

118 Oak Trail Belmont, NC 28012

Estimated Value: $264,000 - $289,000

2 Beds
1.5 Baths
1,363 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $175,000 $128 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,734/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Machine Shed
  • South Point High School Rated A-
  • Shed
  • Storm Doors

About This Home

As of March 2020

Must see this beautifully, well-maintained full brick home in a highly desired Belmont area. Large bedrooms and open living space with tons of natural light throughout the house. This quiet street is just minutes from the hospital, Belmont Abbey College and also McAddenville but without the traffic! Hard wood floors through, with the recently painted interior, large fenced yard with attached brick carport with storage building attached, additional carport for lawn equipment and storage, and a covered side patio right off the sunroom for relaxing outside. This house won't last!

Last Agent to Sell the Property

Jessie Henderson

Lantern Realty & Development, LLC License #300281 Listed on: 02/23/2020

Last Buyer's Agent

Christopher Hansen

Gold House Properties LLC License #295751

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.48

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring
  • Storm Doors

Additional Features

  • Shed
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 184842

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.05740
  • Ratio Close Price By Original Li: 1.05740
  • Ratio Current Price By Acre: 364583.33
  • Ratio Current Price By Sq Ft: 128.39
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Dishwasher, Electric Dryer Hookup, Electric Range, Gas Dryer Hookup, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1363
  • Total Sq Ft: 1363
  • Sq Ft Unheated Main: 120
  • Sq Ft Unheated Total: 120

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s), Tractor Shed

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.480
  • Parcel Number: 184842
  • Zoning Specification: R1

Tax Info

  • Tax Value: 134930.00
  • Tax Location: Mt Holly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
May 11, 2020
Sold by
Hansen Robet L and Hansen Carol M
Bought by
Hansen Christopher
Seller's Agent
Jessie Henderson
Lantern Realty & Development, LLC
Buyer's Agent
Christopher Hansen
Gold House Properties LLC
List Price
$165,500
Sold Price
$175,000
Premium/Discount to List
$9,500
5.74%
Current Estimated Value
$279,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,715
Avg. Annual Appreciation
9.65%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2020
Closed on
Mar 19, 2020
Sold by
Moore Madison Page
Bought by
Hansen Robert L and Hansen Carol M
Seller's Agent
Jessie Henderson
Lantern Realty & Development, LLC
Buyer's Agent
Christopher Hansen
Gold House Properties LLC
List Price
$165,500
Sold Price
$175,000
Premium/Discount to List
$9,500
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2018
Sold by
Moore Ellen B and Estate Of Jeffrey Todd Moore
Bought by
Moore Madison Page

Purchase Details

Closed on
Sep 1, 2004
Sold by
Cavender Jeffrey S and Cavender Marie E
Bought by
Moore Jeffrey Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Hansen Christopher $175,000 Investors Title Insurance Co
Hansen Robert L $175,000 None Available
Moore Madison Page -- None Available
Moore Jeffrey Todd $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Christopher $127,000
Closed Hansen Christopher $120,000
Previous Owner Moore Jeffrey T $35,000
Previous Owner Moore Jeffrey T $25,000
Previous Owner Moore Jeffrey Todd $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $175,000 +5.7% $128 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $165,500 -- $121 / 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 $2,422 $241,230 $25,000 $216,230
2023 $2,448 $241,230 $25,000 $216,230
2022 $1,798 $138,820 $16,500 $122,320
2021 $1,820 $138,820 $16,500 $122,320
2020 $1,774 $134,930 $16,500 $118,430
2019 $1,788 $134,930 $16,500 $118,430
2018 $1,525 $108,901 $14,400 $94,501
2017 $1,525 $108,901 $14,400 $94,501
2016 $947 $108,901 $0 $0
2014 $771 $88,661 $18,000 $70,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3595105

Canopy MLS (Canopy Realtor® Association)

APN: 184842