NOT LISTED FOR SALE

1550 Reflection Pointe Blvd Unit 252 Belmont, NC 28012

Estimated Value: $1,703,000 - $2,268,395

0.43 Acre
$4,756,895 Price per Acre
18,731 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $360,000

Est. 468% increase in value since last sale

Current estimated payment $13,145/month

173 Days on Market

Highlights

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

About This Lot

As of October 2018

This is an amazing main channel/South Fork FLAT lot with sunset views! Shore Stabilization was already done and underbrush cleared so it is an easy walk to view the gorgeous view! 125 ft WATERFRONT shoreline!
Gated community with walking trails, clubhouse and pool. Other amenities include: Lighted tennis courts, boat storage, recreation field, and beautiful community marina.

Last Agent to Sell the Property

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 04/16/2018

Allen Tate Lake Norman

Last Buyer's Agent

Allison Cottingham

Belmont Realty License #207143

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • Waterfront
  • Level Lot
  • Wooded Lot

HOA Fees

  • $151 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 204000

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$151 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94737
  • Ratio Close Price By Original Li: 0.94737
  • Ratio Current Price By Acre: 837209.30
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2020

Interior Features

  • Foundation Details: Crawl Space
  • 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 Access, Playground, Pond, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 905.09
  • 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: 125x260x50x198
  • Lot Features: Cul-de-sac Lot, Waterfront, Water view, Level, Wooded
  • Lot Size Area: 0.430
  • Parcel Number: 204000
  • Zoning Specification: R
  • Plat Reference Section Pages: 636
  • Wooded Acres: 0.43

Tax Info

  • Tax Value: 205762.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Oct 29, 2018
Sold by
Lipack Kenneth D and Lipack Cecile N
Bought by
Munnell Mark E and Munnell Drusilla K
Seller's Agent
Jan Cameron
Allen Tate Lake Norman
Buyer's Agent
Allison Cottingham
Belmont Realty
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%
Total Days on Market
173
Current Estimated Value
$2,045,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,685,465
Avg. Annual Appreciation
29.96%

Purchase Details

Closed on
Aug 5, 2004
Sold by
North Star Investors Ii Llc
Bought by
Lipack Kenneth D and Lipack Cecile N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,880
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Munnell Mark E $360,000 None Available
Lipack Kenneth D $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munnell Mark E $1,000,000
Previous Owner Lipack Kenneth D $179,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $360,000 -5.3% --
10/06/2018 10/06/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $380,000 -- --
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 $18,795 $1,774,700 $365,800 $1,408,900
2023 $18,990 $1,774,700 $365,800 $1,408,900
2022 $14,717 $1,127,750 $205,760 $921,990
2021 $5,808 $1,103,300 $205,760 $897,540
2019 $2,878 $205,760 $205,760 $0
2018 $2,940 $205,762 $205,762 $0
2017 $2,768 $205,762 $205,762 $0
2016 $2,768 $205,762 $0 $0
2014 $5,137 $381,915 $381,915 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3381093

Canopy MLS (Canopy Realtor® Association)

APN: 204000