NOT LISTED FOR SALE

217 Merewood Rd Belmont, NC 28012

Estimated Value: $964,290 - $1,124,000

3 Beds
3.5 Baths
4,074 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $850,000 $209 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,497/month

1 Day on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Corner Lot
  • Belmont Central Elementary School Rated A-
  • Wood Flooring
  • Skylights

About This Home

As of August 2022

Beautiful, traditionally styled home is located in the heart of Belmont's Glenmere subdivision! This home has had one owner since being built in 1975, and it has been well maintained over the years. This home features a huge pine paneled family room with built-in cabinets, a large dining room, a beautiful carpeted living room, two spacious bedrooms with a full bath in between, a large primary bedroom, with a walk-in closet and a primary bathroom. The kitchen is a galley kitchen with granite countertops and built-in appliances. There is a 555 sq. ft. brick patio off of the dining room that is perfect for entertaining and enjoying a meal outdoors during spring and fall seasons. There is also 799 sq. ft. in a bonus room upstairs that has a computer niche with built-in cabinets, and a pool table. Outside, you will find a 240 sq. ft. basement area for storing tools. There is a garden closet on the exterior wall near garage. Tremendous storage area in attic off of bonus room.

Last Agent to Sell the Property

William Howe

Wilcox Real Estate Group License #192589 Listed on: 07/01/2022

Last Buyer's Agent

Christyn Denton

Buddy Harper Team Realty License #209265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,001

Year Built

  • Built in 1975

Lot Details

  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Glenmere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 187098

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,001

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1975
  • Ratio Current Price By Acre: 923913.04
  • Road Surface Type: Asphalt
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 208.64
  • Special Features: None

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Walk In, Built Ins, Cable Available, Pantry, Skylight(s), Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3275
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 240
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 240
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 799
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Wall Oven, Warming Drawer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 4074
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 613
  • Parking Features: Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Wooded
  • Lot Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 187098
  • Zoning Description: RES

Tax Info

  • RATIO List Price By Tax Amount: 1.28269

Multi Family

  • Unit 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
Jul 1, 2022
Closed on
Aug 6, 2022
Sold by
Davidson Hall Jr Robert and Crowell Garrie
Bought by
Wharton Gwynne Cashatt and Wharton John Kenneth
Seller's Agent
William Howe
Wilcox Real Estate Group
Buyer's Agent
Christyn Denton
Premier South
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Current Estimated Value
$1,056,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,823
Avg. Annual Appreciation
7.38%
Original Mortgage
$647,200
Outstanding Balance
$620,487
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
$436,336

Purchase Details

Closed on
Jul 1, 1973
Bought by
Hall Robert D and Hall Garrie
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
Wharton Gwynne Cashatt $850,000 --
Hall Robert D $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Gwynne Cashatt $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $850,000 +3.0% $209 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $825,000 -- $203 / 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 $9,001 $853,990 $84,480 $769,510
2024 $9,001 $853,990 $84,480 $769,510
2023 $9,068 $851,440 $84,480 $766,960
2022 $8,394 $643,180 $76,800 $566,380
2021 $8,651 $643,180 $76,800 $566,380
2019 $8,715 $643,180 $76,800 $566,380
2018 $5,934 $428,450 $80,000 $348,450
2017 $5,763 $428,450 $80,000 $348,450
2016 $5,763 $428,450 $0 $0
2014 $5,861 $435,793 $96,000 $339,793
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878468

Canopy MLS (Canopy Realtor® Association)

APN: 187098