NOT LISTED FOR SALE

1557 Cedar Tree Dr Unit 72 Belmont, NC 28012

Estimated Value: $560,000 - $636,000

4 Beds
3 Baths
3,027 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $563,650 $186 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,480/month

16 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Covered Patio or Porch
  • Belmont Central Elementary School Rated A-
  • Transitional Architecture
  • 2 Car Attached Garage

About This Home

As of September 2023

This home sits on a beautiful, private homesite where you can sit on your back porch that overlooks a treed natural area! This Drayton plan boasts 3,027 square feet, featuring 4 bedrooms, 3 full baths, oversized loft, extended breakfast area & Screened Porch! This open kitchen family room concept has an island, gourmet kitchen including SS appliances, SS hood over a 5-burner gas cooktop, wall oven & microwave, Quartz countertops, Upgraded Cabinets, Tile Backsplash, SS Undermount sink & pantry. The main floor also has a formal dining room, great room w/fire place & highly sought after guest room w/ full bath and walk in shower. 2nd floor has the primary bedroom w/ sitting room & tray ceiling. Primary bath has a fantastic Roman double headed shower w/ semi-frameless shower drs, dual raised vanity sinks, water closet & huge walk-in closet! Generously sized secondary bdrms w/ walk-in closets. Hall bath w/ double bowl vanity & tile floor. Laundry on the 2nd level with tile flooring.

Last Agent to Sell the Property

Suzanne Roth

DRB Group of North Carolina, LLC Brokerage Email: sroth@drbgroup.com License #223968 Listed on: 05/11/2023

Last Buyer's Agent

Josh Stone

Stone Realty Group License #339058

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,403

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Belmont Central Elementary School
  • Belmont Middle School
  • South Point High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is zoned RD-I

Community Details

  • Cams Association, Phone Number (704) 731-5560
  • Built by DRB Homes
  • Smith Farms Subdivision, Drayton / 11 Floorplan
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 309083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,403

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Transitional
  • Year Built: 2023
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-10-09
  • Special Assessment Description: No
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 186.21
  • Geocode Confidence: Low
  • Attribution Contact: sroth@drbgroup.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1386
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 188
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 188
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1641
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Microwave, Wall Oven
  • Above Grade Finished Sq Ft: 3027
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 3027
  • Bedroom Main: 1
  • Room Count: 13

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 547
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Private Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CAMS
  • Phone: 704-731-5560

Schools

  • Middle Or Junior School: Belmont
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.186
  • Lot Size Units: Acres
  • Parcel Number: 309083
  • Zoning: RES
  • Plat Reference Section Pages: 099/008
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RD-I

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: DRB Homes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 20, 2023
Sold by
Drb Group North Carolina Llc
Bought by
Gaia Brandon and Salazar Mendoza Vanessa
Seller's Agent
Suzanne Roth
DRB Group of North Carolina, LLC
Buyer's Agent
Josh Stone
Stone Realty Group
List Price
$559,900
Sold Price
$563,650
Premium/Discount to List
$3,750
0.67%
Views
77
Current Estimated Value
$584,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,194
Avg. Annual Appreciation
1.83%
Original Mortgage
$363,650
Outstanding Balance
$356,123
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$228,721
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 Buyer Sale Price Title Company
Gaia Brandon $564,000 Keystone Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaia Brandon $363,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $563,650 +0.7% $186 / Sq Ft
05/11/2023 05/11/23 For Sale $559,900 -- $185 / 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 $4,403 $417,740 $45,000 $372,740
2024 $4,403 $417,740 $45,000 $372,740
2023 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4029443

Canopy MLS (Canopy Realtor® Association)

APN: 309083