NOT LISTED FOR SALE

218 Ferstl Ave Belmont, NC 28012

Estimated Value: $276,000 - $294,023

3 Beds
1.5 Baths
1,397 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $250,000 $179 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,774/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Vinyl Plank Flooring
  • South Point High School Rated A-

About This Home

As of May 2021

Newly remodeled convenient one level living in the quaint town of Belmont! Everything has been completely redone in this property: new paint, flooring, new SS appliances - so it is move in ready! Nice size backyard includes a large 2 story storage shed that can be used to store yard equipment, create a work shop or use as a gardening shed. Come see this great property before its gone!

Last Agent to Sell the Property

Alex Lopez

Verge LLC License #294105 Listed on: 04/09/2021

Last Buyer's Agent

Lindsey Pegg

Keller Williams Ballantyne Area License #282981

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.35

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • Vinyl Plank Flooring
  • Crawl Space
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 184790
  • Tax Block D

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02041
  • Ratio Close Price By Original Li: 1.02041
  • Ratio Current Price By Acre: 714285.71
  • Ratio Current Price By Sq Ft: 178.95
  • Year Built: 1949
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
  • Flooring: Vinyl Plank
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1397
  • Total Sq Ft: 1397

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.350
  • Parcel Number: 184790
  • Zoning Specification: R1

Tax Info

  • Tax Value: 109140.00
  • Tax Block: D
  • Tax Location: Mt Holly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 11, 2021
Sold by
Dgp Homes Llc
Bought by
Ray Robert R and Deberry Virginia L
Seller's Agent
Alex Lopez
Verge LLC
Buyer's Agent
Lindsey Pegg
Keller Williams Ballantyne Area
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$291,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,210
Avg. Annual Appreciation
2.20%
Original Mortgage
$241,656
Outstanding Balance
$222,230
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$52,028

Purchase Details

Closed on
Feb 2, 2021
Sold by
Smith Ronnie and Smith Terry
Bought by
Dgp Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 1999
Sold by
Smith Joseph Michael
Bought by
Smith Ronnie and Smith Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,650
Interest Rate
7.91%

Purchase Details

Closed on
May 14, 1998
Sold by
Eagle Wallace B Ruth Lester
Bought by
Smith Joseph Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ray Robert R $250,000 None Available
Dgp Homes Llc $140,000 None Available
Smith Ronnie $55,000 --
Smith Joseph Michael $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Robert R $241,656
Previous Owner Dgp Homes Llc $150,000
Previous Owner Smith Terry C $52,173
Previous Owner Smith Ronnie $56,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $250,000 +2.0% $179 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $245,000 -- $175 / 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 $2,165 $215,650 $25,000 $190,650
2023 $2,189 $215,650 $25,000 $190,650
2022 $1,916 $147,930 $16,500 $131,430
2021 $1,435 $110,410 $16,500 $93,910
2020 $1,435 $109,140 $16,500 $92,640
2019 $1,446 $109,140 $16,500 $92,640
2018 $1,261 $90,102 $14,400 $75,702
2017 $1,261 $90,102 $14,400 $75,702
2016 $784 $90,102 $0 $0
2014 $561 $64,489 $18,000 $46,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3727143

Canopy MLS (Canopy Realtor® Association)

APN: 184790