$200,000
SOLD DEC 18, 2023

127 River Loop Rd Belmont, NC 28012

3 Beds
1 Bath
1,232 Sq Ft
0.73 Acres

Recently Sold

$162 Per Sq Ft

13% Below List Price

6 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Front Porch
  • South Point High School Rated A-
  • Fireplace
  • Laundry Room

About This Home

As of May 2024

Cash and Conventional Buyers, Investors, Flippers - a great property to be fixed up! This home was built in 1940 and has had one owner! Three bedrooms, one full bath, living room plus den and eat-in kitchen. Laundry/utility room is off kitchen 6X14 and not part of heated sqft. The property is being sold "AS IS." This listing includes the adjacent half acre lot for a total of 1.2 acres. The adjacent lot does not have well or septic installed. Super convenient location in Belmont close to shopping, grocery stores, restaurants, I85 and Hwy 74, and No city taxes!

Last Agent to Sell the Property

Tricia Hageman

NorthGroup Real Estate LLC Brokerage Email: triciahageman56@gmail.com License #212167 Listed on: 11/30/2023

NorthGroup Real Estate LLC

Last Buyer's Agent

Haya Freitekh

NorthGroup Real Estate LLC License #294326

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 103x309x102x311
  • Level Lot
  • Property is zoned R-R

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

Schools

  • Catawba Heights Elementary School
  • Belmont Middle School
  • South Point High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Browntown Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 186366,186372

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 162.34
  • Geocode Confidence: High
  • Attribution Contact: triciahageman56@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1232
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 84
  • Sq Ft Unheated Total: 84
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1232
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Living Area: 1232
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Main Level
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Belmont
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.73
  • Lot Size Units: Acres
  • Parcel Number: 186366,186372
  • Zoning: R
  • Plat Book Slide: 007/027
  • Lot Size: 103X309X102X311
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-R

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 18, 2023
Sold by
Tench Sherry S and Summey Joyce Brown
Bought by
Zoom Property Buyers Llc
Seller's Agent
Tricia Hageman
NorthGroup Real Estate LLC
Buyer's Agent
Haya Freitekh
NorthGroup Real Estate LLC
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
34
Current Estimated Value
$310,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,694
Avg. Annual Appreciation
29.00%
Original Mortgage
$180,000
Interest Rate
7.76%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $180,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $325,000 -1.5% $241 / Sq Ft
03/29/2024 03/29/24 For Sale $329,990 +65.0% $245 / Sq Ft
12/18/2023 12/18/23 Sold $200,000 -13.0% $162 / Sq Ft
11/30/2023 11/30/23 For Sale $230,000 -- $187 / 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 $2,141 $299,860 $25,500 $274,360
2024 $1,186 $166,080 $25,500 $140,580
2023 $577 $166,080 $25,500 $140,580
2022 $386 $83,860 $16,500 $67,360
2021 $398 $83,860 $16,500 $67,360
2019 $787 $83,860 $16,500 $67,360
2018 $895 $90,404 $14,400 $76,004
2017 $877 $90,404 $14,400 $76,004
2016 $877 $90,404 $0 $0
2014 $779 $80,274 $18,000 $62,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4091009

Canopy MLS (Canopy Realtor® Association)

APN: 186366