$69,000
SOLD NOV 6, 2024

1567 Belmont Rd Linwood, NC 27299

4 Beds
1 Bath
2,804 Sq Ft
2.58 Acres

Recently Sold

$25 Per Sq Ft

26 Days on Market

Highlights

  • Water Views
  • Farmhouse Style Home
  • Wood Siding

About This Home

As of November 2024

Fascinating opportunity to rehabilitate/restore an important part of Davidson County's early history. "Beallmont" is a Circa 1840's transitional Federal to Greek revival style home reminiscent of early American plan book cottages. Was moved to its current location & set on a new foundation. Still needs a massive amount of work. Most of the original features are intact including much of its original millwork & windows. Chimneys will all need to be built. Overlooks a large pond with deeded access. A double-sided chimney once adorned the foyer & living space. Will need a driveway, a septic system, & water run, and all mechanicals. Perfect for a bed and breakfast or a private residence. 2.58 acres some clear and some heavily wooded, small spring on the property and the acreage behind it is in a land trust so no future development will happen. Historic Covenants & Deed restrictions in place Proof of funds for partial rehab (250K) required Roll up your sleeves and let's get to work!

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 09/19/2024

Last Buyer's Agent

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 09/19/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • Lot Dimensions are 609x139x340x370
  • Property is zoned RA1

Home Design

  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Southwood Elementary School
  • Central Davidson Middle School
  • Central Davidson High School

Listing and Financial Details

  • Assessor Parcel Number 04-019-0-000-0024-C-0-0

Home Details

Home Type

Single Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1840
  • Restrictions: Architectural Review,Historical
  • Restrictions Description: Property will come with The Historic Preservation Foundation Of NC Inc. historic covenants and deed restrictions.
  • Road Surface Type: None, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 24.61
  • Geocode Confidence: High
  • Attribution Contact: gregrapprealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1754
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1050
  • Appliances: None
  • Above Grade Finished Sq Ft: 2804
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2804
  • Bedroom Main: 1
  • Room Count: 1
  • Sq Ft Other: 384

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: None
  • Sewer: None
  • Laundry Features: None
  • Cooling: None
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Central Davidson
  • HOA Subject To: None

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Area: 2.58
  • Lot Size Units: Acres
  • Parcel Number: 04-019-0-000-0024-C-0-0
  • Zoning: RA1
  • Lot Size: 609x139x340x370
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA1

MLS Schools

  • Elementary School: Southwood
  • High School: Central Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 6, 2024
Sold by
Historic Preservation Foundation Of Nort
Bought by
Webb James Thomas and Webb Kathy Wagner
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$69,000
Sold Price
$69,000
Views
146
Current Estimated Value
$179,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,912
Avg. Annual Appreciation
212.96%
Original Mortgage
$68,450
Outstanding Balance
$66,949
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$112,963

Purchase Details

Closed on
Dec 21, 2016
Sold by
Davidson County
Bought by
The Historic Preservation Foundation Of
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 $69,000 None Listed On Document
Warranty Deed $69,000 None Listed On Document
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,450 New Conventional
Closed $68,450 New Conventional
Previous Owner $74,853 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $69,000 0.0% $25 / Sq Ft
09/19/2024 09/19/24 For Sale $69,000 -- $25 / 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 -- $165,330 $0 $0
2024 -- $165,330 $0 $0
2023 $0 $182,720 $0 $0
2022 $0 $182,720 $0 $0
2021 $0 $182,720 $0 $0
2020 -- $151,240 $0 $0
2019 -- $260,920 $0 $0
2018 -- $260,920 $0 $0
2017 $0 $141,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4185269

Canopy MLS (Canopy Realtor® Association)

APN: 04-019-0-000-0024-C-0-0