NOT LISTED FOR SALE

1516 Reflection Pointe Blvd Unit L266 Belmont, NC 28012

Estimated Value: $1,129,000 - $1,572,000

0.53 Acre
$2,551,600 Price per Acre
23,087 Sq Ft Lot

Last Sold July 29, 2020

Last sale price $57,500

Est. 2,252% increase in value since last sale

Current estimated payment $8,604/month

330 Days on Market

About This Lot

As of July 2020

FLAT LOT! If you are looking for a flat lot this is the one! This is one of the nicest lots in the community. Property backs up to a walking trail with a beautiful pond & fountain. Walking distance to community marina and beach area. Amenities include lighted tennis courts, clubhouse & pool, boat storage (included in the HOA dues) recreation field and over 3 miles of walking trails with ponds.

Last Agent to Sell the Property

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 08/07/2019

Allen Tate Lake Norman

Last Buyer's Agent

Jeff Moll

Keller Williams Ballantyne Area License #256290

Keller Williams Ballantyne Area

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Community Details

  • Property Matters Association, Phone Number (704) 861-0833

Listing and Financial Details

  • Assessor Parcel Number 204014

Property Details

Property Type

Land

Year Built

2022

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.87253
  • Ratio Close Price By Original Li: 0.78875
  • Ratio Current Price By Acre: 108490.57
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Foundation Details: Crawl Space, Slab
  • H O A Management Phone: 7048610833

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 950.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Property Matters
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 121x194x117x190
  • Lot Features: Lake, Water view
  • Lot Size Area: 0.530
  • Parcel Number: 204014
  • Zoning Specification: Resident
  • Plat Reference Section Pages: 965

Tax Info

  • Tax Value: 40000.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Morgan Morris R and Morgan Laura K
Bought by
Morgan Family Living Trust and Morgan
Total Days on Market
330
Current Estimated Value
$1,352,348

Purchase Details

Listed on
Aug 7, 2019
Closed on
Jul 29, 2020
Sold by
Mccurdy Scendie C and Mccurdy Gregory E
Bought by
Morgan Morris R and Morgan Laura K
Seller's Agent
Jan Cameron
Allen Tate Lake Norman
Buyer's Agent
Jeff Moll
Keller Williams Ballantyne Area
List Price
$72,900
Sold Price
$57,500
Premium/Discount to List
-$15,400
-21.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.89%
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
Morgan Family Living Trust -- None Listed On Document
Morgan Morris R $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Morris R $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $57,500 -12.7% --
07/02/2020 07/02/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $65,900 -9.6% --
08/07/2019 08/07/19 For Sale $72,900 -- --
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 $10,605 $997,630 $76,000 $921,630
2023 $8,223 $763,720 $76,000 $687,720
2022 $808 $55,000 $40,000 $15,000
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: CAR3537870

Canopy MLS (Canopy Realtor® Association)

APN: 204014