NOT LISTED FOR SALE

125 Oak Trail Belmont, NC 28012

Estimated Value: $259,000 - $278,000

3 Beds
1 Bath
1,436 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $141,000 $98 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,640/month

121 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Many Trees
  • South Point High School Rated A-
  • Shed
  • Level Lot

About This Home

As of February 2019

This 3 bedroom 1 bath home is a must see! The home sits on a generously sized lot full of mature trees. Home features spacious bedrooms, large bath, and plenty of storage. There is a large kitchen with pantry and store with a separate dining room. Living room comes complete with built-ins and wood burning fireplace. The back yard is a great size and partially fenced and has a large storage shed with electricity, perfect for a workshop. Location is optimal with short commutes to Charlotte, the CLT Airport, and Gastonia via I-85 and Hwy 74.

Last Agent to Sell the Property

Wellington Stover

Sold By Wellington Realty, LLC License #287673 Listed on: 09/30/2018

Last Buyer's Agent

Karen Burkett

NorthGroup Real Estate LLC License #268735

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 184815

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
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01439
  • Ratio Close Price By Original Li: 1.01439
  • Ratio Current Price By Acre: 414705.88
  • Ratio Current Price By Sq Ft: 98.19
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Refrigerator, Washer
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1436
  • Total Sq Ft: 1436

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Catawba Heights
  • Middle School: Belmont
  • High School: South Point (NC)

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 0.340
  • Parcel Number: 184815
  • Zoning Specification: R1

Tax Info

  • Tax Value: 113666.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Feb 5, 2019
Sold by
Smith Ada Marie and Estate Of John Lewis Smith
Bought by
Cooley Ronnie Lee
Seller's Agent
Wellington Stover
Sold By Wellington Realty, LLC
Buyer's Agent
Karen Burkett
NorthGroup Real Estate LLC
List Price
$139,000
Sold Price
$141,000
Premium/Discount to List
$2,000
1.44%
Current Estimated Value
$266,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,420
Avg. Annual Appreciation
9.82%
Original Mortgage
$138,446
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2016
Sold by
Kokenes Valerie M
Bought by
Smith John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 1955
Bought by
Mcalpine Jenny Johnson
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
Cooley Ronnie Lee $141,000 None Available
Smith John L $100,000 None Available
Mcalpine Jenny Johnson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Ronnie Lee $202,800
Closed Cooley Ronnie Lee $10,744
Closed Cooley Ronnie Lee $138,446
Previous Owner Smith John L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $141,000 +1.4% $98 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $139,000 0.0% $97 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/30/2018 09/30/18 For Sale $139,000 -- $97 / 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 $2,184 $217,490 $25,000 $192,490
2023 $2,208 $217,490 $25,000 $192,490
2022 $1,606 $124,040 $16,500 $107,540
2021 $1,631 $124,040 $16,500 $107,540
2019 $1,644 $124,040 $16,500 $107,540
2018 $1,591 $113,666 $14,400 $99,266
2017 $1,591 $113,666 $14,400 $99,266
2016 $442 $113,666 $0 $0
2014 $309 $82,674 $18,000 $64,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3439189

Canopy MLS (Canopy Realtor® Association)

APN: 184815