NOT LISTED FOR SALE

2140 Ferncliff Ln Belmont, NC 28012

Estimated Value: $459,137 - $518,000

3 Beds
2.5 Baths
2,072 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $381,500 $184 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,999/month

2 Days on Market

Highlights

  • 2-Story Property
  • Wood Flooring
  • Workshop
  • Belmont Central Elementary School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of March 2022

This house is located in the beautiful, Timberlake neighborhood, on a spacious corner lot in the desirable city of Belmont. While there are some definite cosmetic upgrades that the house could use, this home has all the potential for becoming an absolute dollhouse! The HVAC was replaced in 2019, and beautifully engineered hardwoods were installed in 2017 and run all throughout the main level. There is so much storage in this house to be utilized. The greatest untouched potential can be found in the unfinished basement. It is framed out and just waiting for you to come and put the finishing touches. You could quickly complete the basement for either a game room, mother in law suite, man cave, extra bedrooms....etc. The possibilities are ENDLESS!!!! Come and see what you can do to make this house your dream home!

Last Agent to Sell the Property

Jessica Pendergraft

Premier South Brokerage Email: jessica@providencenc.com License #296117 Listed on: 02/05/2022

Premier South

Last Buyer's Agent

Shannon Anderson

Call It Closed International Inc License #292751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned R1H

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • 2-Story Property
  • Vinyl Siding

Interior Spaces

  • Great Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Workshop
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Timberlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 195582

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,019

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1994
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 184.12
  • Attribution Contact: jessica@providencenc.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1366
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 706
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2072
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 2072
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.41
  • Lot Size Units: Acres
  • Parcel Number: 195582
  • Lot Size Acres: 0.41
  • Lot Size: 0
  • Lot Size Sq Ft: 17859
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1H

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 7, 2022
Sold by
Addison Breese Heather
Bought by
Pegram Zachery James and Koenig Jennifer Corey
Seller's Agent
Jessica Pendergraft
Premier South
Buyer's Agent
Shannon Anderson
Call It Closed International Inc
List Price
$374,900
Sold Price
$381,500
Premium/Discount to List
$6,600
1.76%
Current Estimated Value
$486,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,049
Avg. Annual Appreciation
7.62%
Original Mortgage
$341,500
Outstanding Balance
$321,163
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$169,629

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 27, 2017
Sold by
Fleming Dawn Sifford
Bought by
Breese Heather Addison
Seller's Agent
Christopher Jones
Fathom Realty NC LLC
Buyer's Agent
Melanie Meyer
ALBRICK
List Price
$145,000
Sold Price
$260,000
Premium/Discount to List
$115,000
79.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$252,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Fleming Joesph Burton
Bought by
Fleming Dawn Sifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pegram Zachery James $381,500 Rhoton W Porter
Breese Heather Addison $260,000 None Available
Fleming Dawn Sifford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pegram Zachery James $341,500
Previous Owner Breese Heather Addison $252,200
Previous Owner Fleming Dawn Sifford $175,750
Previous Owner Fleming Dawn S $163,000
Previous Owner Fleming Dawn Sifford $153,500
Previous Owner Fleming Joseph B $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $381,500 +1.8% $184 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $374,900 +44.2% $181 / Sq Ft
09/27/2017 09/27/17 Sold $260,000 +79.3% $135 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $145,000 -- $76 / 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
2024 $4,019 $388,680 $62,500 $326,180
2023 $4,101 $388,680 $62,500 $326,180
2022 $3,017 $234,810 $36,000 $198,810
2021 $3,064 $234,810 $36,000 $198,810
2019 $3,088 $234,810 $36,000 $198,810
2018 $3,052 $226,905 $40,000 $186,905
2017 $3,052 $226,905 $40,000 $186,905
2016 $3,052 $226,905 $0 $0
2014 $3,109 $231,154 $55,000 $176,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3827124

Canopy MLS (Canopy Realtor® Association)

APN: 195582