NOT LISTED FOR SALE

1940 Perfection Ave Belmont, NC 28012

Estimated Value: $233,193 - $267,000

2 Beds
1 Bath
1,080 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $150,000 $139 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,396/month

22 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Shed
  • North Belmont Elementary School Rated A-
  • Wood Flooring
  • 1-Story Property

About This Home

As of September 2019

This is a beautiful one story home in the beautiful town of Belmont. The home is located within minutes to restaurants, shopping, and entertainment. There are lots of updates to include new roof, flooring, HVAC and appliances. The bath and kitchen have both been updated and include lots of storage space with updated cabinets, stove, dishwasher and stainless steel refrigerator. Rear access to the home has been equipped with a ramp to allow for easier access of wheel chairs or walkers. There is a large back yard with 144sqft storage room and plenty of space for parking, playing, or entertaining. This is a great opportunity for a home owner or an investor.

Last Agent to Sell the Property

Kedian Taborn

Equity South Charlotte Real Estate License #292243 Listed on: 06/04/2019

Last Buyer's Agent

Susan Graham

1 Percent Lists Advantage License #209297

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.41

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Open Floorplan
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Many Trees
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 182820

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96774
  • Ratio Close Price By Original Li: 0.96774
  • Ratio Current Price By Acre: 365853.66
  • Ratio Current Price By Sq Ft: 138.89
  • Year Built: 1954
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Electric Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 144
  • Main Level Sq Ft: 1080
  • Total Sq Ft: 1080
  • Sq Ft Unheated Main: 30
  • Sq Ft Unheated Total: 30

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 70x257x69x254
  • Lot Features: Trees
  • Parcel Number: 182820
  • Zoning Specification: R1

Tax Info

  • Tax Value: 53587.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 15, 2019
Sold by
Odeh Omar Ahmad Shareef and Masri Jenana Moin Mahmoud Al
Bought by
Kincaid Ben Russell
Seller's Agent
Kedian Taborn
Equity South Charlotte Real Estate
Buyer's Agent
Susan Graham
1 Percent Lists Advantage
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$249,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,048
Avg. Annual Appreciation
8.65%
Original Mortgage
$150,000
Outstanding Balance
$131,101
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$117,947

Purchase Details

Closed on
Feb 7, 2019
Sold by
Phomxayavong Keutmee and Phomxayavong Kykeo
Bought by
Odeh Omar Ahmad Shareef and King City Investments Llc

Purchase Details

Closed on
Aug 14, 2000
Sold by
Henderson Nola and Rumfelt Ruby H
Bought by
Phomxayavong Kykeo and Phomxayavong Keutmee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.23%
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
Kincaid Ben Russell $150,000 None Available
Odeh Omar Ahmad Shareef $48,000 Venture Title Llc
Phomxayavong Kykeo $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kincaid Ben Russell $150,000
Previous Owner Phomxayavong Kykeo $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $150,000 -3.2% $139 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $155,000 -- $144 / 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 $1,120 $156,920 $24,000 $132,920
2024 $1,120 $156,920 $24,000 $132,920
2023 $1,091 $156,920 $24,000 $132,920
2022 $720 $78,240 $16,500 $61,740
2021 $743 $78,240 $16,500 $61,740
2019 $591 $62,990 $16,500 $46,490
2018 $531 $53,587 $8,610 $44,977
2017 $520 $53,587 $8,610 $44,977
2016 $520 $53,587 $0 $0
2014 -- $59,312 $16,920 $42,392
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3515146

Canopy MLS (Canopy Realtor® Association)

APN: 182820