NOT LISTED FOR SALE

1535 Reflection Pointe Blvd Unit 248 Belmont, NC 28012

Estimated Value: $980,000 - $1,615,807

0.56 Acre
$2,295,004 Price per Acre
24,394 Sq Ft Lot

Last Sold February 07, 2018

Last sale price $207,000

Est. 521% increase in value since last sale

Current estimated payment $8,391/month

51 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Community Lake
  • Belmont Central Elementary School Rated A-
  • Waterfront
  • Clubhouse

About This Lot

As of February 2018

One of the flattest lots in the community...easy to build on (very little grading)! Beautiful views.
Close to Charlotte and the Airport! Tons of community amenities with boat storage (included in HOA dues).

Last Agent to Sell the Property

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 11/18/2017

Allen Tate Lake Norman

Last Buyer's Agent

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 11/18/2017

Allen Tate Lake Norman

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

  • Waterfront
  • Level Lot
  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 203996

Community Details

Overview

  • Cedar Management Association, Phone Number (887) 252-3327
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2023

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: 0.91189
  • Ratio Close Price By Original Li: 0.91189
  • Ratio Current Price By Acre: 369642.86
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Foundation Details: Crawl Space, Slab
  • H O A Management Phone: 887-252-3327

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake, Lake Access, Playground, Pond, Outdoor Pool, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 950.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 79x335x90x280
  • Lot Features: Waterfront, Water view, Lake Access, Level, Lake, Wooded, Year Round View
  • Lot Size Area: 0.560
  • Parcel Number: 203996
  • Zoning: Residential Lot
  • Zoning Specification: R
  • Plat Reference Section Pages: 451

Tax Info

  • Tax Value: 178627.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Assap Llc
Bought by
Bailey Scott R and Bailey Abbie
Total Days on Market
51
Current Estimated Value
$1,285,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Outstanding Balance
$734,293
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$555,154

Purchase Details

Closed on
Nov 21, 2022
Sold by
Bailey Scott and Bailey Abbie
Bought by
Assap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,680
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2022
Sold by
Shieu Wong Eva
Bought by
Bailey Scott and Bailey Abbie

Purchase Details

Listed on
Nov 18, 2017
Closed on
Feb 7, 2018
Sold by
Hammer Lora L
Bought by
Wong Eva Shieu and Xu Xiangming
Seller's Agent
Jan Cameron
Allen Tate Lake Norman
Buyer's Agent
Jan Cameron
Allen Tate Lake Norman
List Price
$227,000
Sold Price
$207,000
Premium/Discount to List
-$20,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.26%
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
Bailey Scott R -- None Listed On Document
Assap Llc -- --
Bailey Scott $320,000 None Listed On Document
Wong Eva Shieu $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Scott R $240,000
Open Bailey Scott R $745,000
Previous Owner Assap Llc $822,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $207,000 -8.8% --
01/08/2018 01/08/18 Pending -- -- --
11/18/2017 11/18/17 For Sale $227,000 -- --
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 $12,640 $1,190,760 $317,560 $873,200
2023 $3,472 $317,560 $317,560 $0
2022 $2,331 $178,630 $178,630 $0
2021 $2,492 $178,630 $178,630 $0
2019 $2,510 $178,630 $178,630 $0
2018 $2,564 $178,627 $178,627 $0
2017 $2,403 $178,627 $178,627 $0
2016 $2,403 $178,627 $0 $0
2014 $4,687 $348,462 $348,462 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3340114

Canopy MLS (Canopy Realtor® Association)

APN: 203996