NOT LISTED FOR SALE

217 S Central Ave Belmont, NC 28012

Estimated Value: $813,000 - $2,640,940

9 Beds
4 Baths
8,008 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2021

Last sale price $2,200,000 $275 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $10,888 / mo

1 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Gas Log Fireplace
  • Belmont Central Elementary School Rated A-
  • Corner Lot

About This Home

As of December 2021

Stowe Manor, one of the most iconic properties in Belmont and the greater Charlotte area, is now available for purchase for the first time in its storied 100-year history. The prominent 3-acre property is on one of the highest points in Belmont, just a short walk from the bustling downtown. Designed by noted architect Hugh White, the Renaissance Revival house has many unique features, including 12-foot ceilings on the main level, laundry chute, and central vaccum from 1924! The exceptional materials and craftsmanship are reminiscent of a bygone era. Stowe Manor currently operates as an event venue, but it could transition to a bed/breakfast or private estate. Plenty of land for a pool and outdoor entertaining space. Approved renovations eligible for NC and federal tax credits, depending on use. See list of features and history of home in Media. Inquire with listing agent about subdivision potential - schematic plan for 3 total lots in Media. Listing agent to accompany all showings.

Last Agent to Sell the Property

Frank Warren

Helen Adams Realty License #175217 Listed on: 10/11/2021

Helen Adams Realty

Last Buyer's Agent

Wendy Hostetler

Garibaldi Realty, LLC License #237607

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4 Full Bathrooms
  • Gas Log Fireplace
  • Crawl Space
  • Permanent Attic Stairs

Flooring

  • Wood
  • Tile

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 201776

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

2.93 Acres

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.12821
  • Ratio Close Price By Original Li: 1.12821
  • Ratio Current Price By Acre: 750853.24
  • Ratio Current Price By Sq Ft: 274.73
  • Year Built: 1924
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished, Concrete, Crawl Space, Slab
  • Upper Level Sq Ft: 3600
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 9
  • Equipment: Dishwasher, Double Oven, Gas Range, Ice Maker Connection, Natural Gas, Refrigerator, Wall Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Light fixture in upstairs back right bedroom
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Built-Ins
  • Room Count: 2
  • Main Level Sq Ft: 4408
  • Total Sq Ft: 8008
  • Sq Ft Unheated Basement: 2108
  • Sq Ft Unheated Main: 106
  • Sq Ft Unheated Total: 2214

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Driveway, Garage - 4+ Car, Lot
  • Sq Ft Garage: 986

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Middle Or Junior School: Belmont

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 201776
  • Zoning Specification: R2

Tax Info

  • Tax Value: 1440550.00
  • Tax Location: Belmont

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 7, 2021
Sold by
Stowe Manor Partners Llc
Bought by
Hostetler David Alexander and Hostetler Wendy Ann
Seller's Agent
Frank Warren
Helen Adams Realty
Buyer's Agent
Wendy Hostetler
Garibaldi Realty, LLC
List Price
$1,950,000
Sold Price
$2,200,000
Premium/Discount to List
$250,000
12.82%
Current Estimated Value
$1,762,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$437,529
Avg. Annual Appreciation
-3.30%
Original Mortgage
$1,200,000
Outstanding Balance
$1,101,750
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$791,563

Purchase Details

Closed on
Jun 27, 2011
Sold by
Stowe Samuel Pinckney and Stowe Martha Small
Bought by
Stowe Manor Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hostetler David Alexander $2,200,000 Stott Hollowell Windham & Stan
Stowe Manor Partners Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hostetler David Alexander $1,200,000
Previous Owner Stowe Manor Partners Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $2,200,000 +12.8% $275 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $1,950,000 -- $244 / Sq Ft
Source: Canopy MLS

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 $15,970 $2,943,580 $193,380 $2,750,200
2024 $14,989 $2,844,180 $193,380 $2,650,800
2023 $13,928 $2,615,620 $193,380 $2,422,240
2022 $9,400 $1,440,550 $175,800 $1,264,750
2021 $9,689 $1,440,550 $175,800 $1,264,750
2019 $9,806 $1,447,360 $175,800 $1,271,560
2018 $8,378 $1,209,772 $117,200 $1,092,572
2017 $8,136 $1,209,772 $117,200 $1,092,572
2016 $8,136 $1,209,772 $0 $0
2014 $7,931 $1,179,276 $146,500 $1,032,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3793626

Canopy MLS

APN: 201776

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