NOT LISTED FOR SALE

2025 Colchester Ct Belmont, NC 28012

Estimated Value: $877,000 - $992,000

6 Beds
5 Baths
4,121 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $900,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,852/month

Highlights

  • Access To Lake
  • In Ground Pool
  • Cathedral Ceiling
  • Belmont Central Elementary School Rated A-
  • Open Floorplan
  • Cul-De-Sac

About This Home

As of November 2023

Welcome to the exquisite 2025 Colchester Ct., a prestigious dream home that harmonizes luxury with comfort. This house offers lakeside living in the highly desired Lakepoint community! Lake Wylie access, picnic area, & boat launch site. This residence offers 6 BRs, 5 FBs and an open layout flooded with natural light, enhanced by beautiful bamboo flooring, plantation shutters, and vaulted ceilings. This home is nestled on a 1-acre lot, where you can unwind with the tranquility of your beautiful, heated saltwater pool and spa. The primary floor offers an in-law suite, formal dining room, great room, gourmet kitchen, complete w/ ss appliances, convection oven, oversized island, walk-in pantry, breakfast room, and an additional bedroom. Upstairs you'll find a huge owners suite w/ tray ceiling, 2 walk-in closets & spa-like bath, plus 3 additional BRs. You’ll love beautiful Belmont, w/ a small-town feel, but oh-so convenient to uptown Charlotte.

Last Agent to Sell the Property

Hala Matar

Redfin Corporation Brokerage Email: hala.matar@redfin.com License #112102 Listed on: 09/11/2023

Redfin Corporation

Last Buyer's Agent

Mohammad Alweesi

ProStead Realty License #290334

ProStead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,329

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 23x195x151x74x190x204
  • Cul-De-Sac
  • Property is zoned R2

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Tile Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Access To Lake

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 218319

Community Details

Overview

  • Cedar Management Association, Phone Number (877) 252-3327
  • Lakepoint Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,329

Year Built

Built in 2010

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 218.39
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2332
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1789
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer/Dryer
  • Above Grade Finished Sq Ft: 4121
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 4121
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: Boat Ramp – Community, Other - See Remarks
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 585
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Street Lights, Other
  • Association Fee: 27
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 877-252-3327
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 324.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Parcel Number: 218319
  • Lot Size: 23x195x151x74x190x204
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 14, 2023
Sold by
Cooper Burton Duke and Cooper Amie A
Bought by
El-Asmar Essam and Al-Asmar Hanadi
Seller's Agent
Hala Matar
Redfin Corporation
Buyer's Agent
Mohammad Alweesi
ProStead Realty
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Views
42
Current Estimated Value
$949,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,073
Avg. Annual Appreciation
2.96%
Original Mortgage
$720,000
Outstanding Balance
$707,607
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$241,466

Purchase Details

Listed on
Dec 7, 2020
Closed on
Mar 27, 2021
Sold by
Taylor Alfred A and Taylor Yansea H
Bought by
Cooper Burton Duke and Cooper Amie A
Seller's Agent
Cindy Souza
EXP Realty LLC
Buyer's Agent
Karen Barnett
Real Broker, LLC
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$548,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Nvr Inc
Bought by
Taylor Alfred A and Taylor Yansea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,584
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2010
Sold by
Lake Point Development Corporation
Bought by
Nvr Inc and Ryan Homes Inc
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
El-Asmar Essam $900,000 Chicago Title
El-Asmar Essam $900,000 Chicago Title
Cooper Burton Duke $650,000 None Available
Taylor Alfred A $330,000 None Available
Nvr Inc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El-Asmar Essam $720,000
Closed El-Asmar Essam $720,000
Previous Owner Cooper Burton Duke $100,000
Previous Owner Cooper Burton Duke $548,250
Previous Owner Taylor Alfred Alexander $442,000
Previous Owner Hutchens Taylor Ii Alfred Alexander $446,400
Previous Owner Taylor Ii Alfred A $51,300
Previous Owner Taylor Ii Alfred A $328,000
Previous Owner Taylor Alfred A $310,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $900,000 -2.7% $218 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $925,000 +42.3% $224 / Sq Ft
03/29/2021 03/29/21 Sold $650,000 0.0% $156 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $649,900 -5.8% $156 / Sq Ft
01/07/2021 01/07/21 Price Changed $689,900 -1.4% $166 / Sq Ft
12/07/2020 12/07/20 For Sale $699,900 -- $168 / 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 $8,329 $790,230 $103,200 $687,030
2024 $8,329 $790,230 $103,200 $687,030
2023 $8,336 $782,710 $103,200 $679,510
2022 $6,592 $505,110 $54,700 $450,410
2021 $6,794 $505,110 $54,700 $450,410
2020 $6,753 $502,060 $54,700 $447,360
2019 $6,803 $502,060 $54,700 $447,360
2018 $5,183 $374,189 $52,000 $322,189
2017 $4,764 $354,189 $52,000 $302,189
2016 $4,764 $354,189 $0 $0
2014 $5,308 $394,646 $60,000 $334,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4068223

Canopy MLS (Canopy Realtor® Association)

APN: 218319