NOT LISTED FOR SALE

2255 Belmont Rd Linwood, NC 27299

Estimated Value: $166,000 - $260,000

2 Beds
1 Bath
1,500 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $215,000 $143 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,256/month

77 Days on Market

About This Home

As of March 2023

This is an appealing delight! this 2-bedroom 1-bath home awaits its new owners. The home is located on a pleasant street, and proximity to downtown Lexington makes for a low-travel commute.
The large yard provides plenty of opportunity to enjoy the outdoors. Representing the welcoming personality of the home, a side-facing, breezy porch is a structural hello to passers-by and a nice spot for relaxing with beverages.
Inside, the home contains a bounty of comforts, beginning with the stunning entry, Sunbeams and stylish fixtures deliver plentiful illumination. The interior designer of the household will appreciate the free rein presented by the neutral palette of the current decor. The kitchen, which is roomy and is recently updated features granite counters and major appliances, the practical L-shape configuration maximizes corner space and cuts down on through traffic. The entire scene glows in light that is both stylish and natural.
This one checks your "must have" boxes.

Last Agent to Sell the Property

Mai Thao

Smart Move Group License #333584 Listed on: 10/28/2022

Smart Move Group

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1941

Lot Details

  • 0.87 Acre Lot
  • Property is zoned RA1

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,423 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0601300000029

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Lot Size: 37897
  • Subdivision Name: None
  • Directions: I-85 - Take exit 88 toward Linwood - Turn right onto NC-47 E - Turn right onto Belmont Rd - Home on left
  • Above Grade Finished Sq Ft: 1423
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1941
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1423
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0601300000029
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 247126.4368
  • TRIADMLS_DeedPage: 1802
  • TRIADMLS_DeedBook: 2552
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 570
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 1, 2023
Sold by
Ktmax Properties Llc
Bought by
Pressley Nancy Clifton
Seller's Agent
Mai Thao
Smart Move Group
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$243,000
Sold Price
$215,000
Premium/Discount to List
-$28,000
-11.52%
Views
142
Current Estimated Value
$216,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,643
Avg. Annual Appreciation
4.91%
Original Mortgage
$211,105
Outstanding Balance
$203,303
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$38,708

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 27, 2022
Sold by
Lee Franks Kenneth
Bought by
Ktmax Proeprties Llc
Seller's Agent
Nathan Smith
Real Broker LLC
Buyer's Agent
Mai Thao
Smart Move Group
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
299.50%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Washington Mutual Fianace Of
Bought by
Woodall Robert W

Purchase Details

Closed on
Nov 28, 2001
Sold by
Blair Jr Fred A and Blair Ann N
Bought by
Washington Mutual Fianace Of

Purchase Details

Closed on
Jul 1, 1991

Purchase Details

Closed on
May 1, 1988
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
Pressley Nancy Clifton $215,000 --
Ktmax Proeprties Llc $85,000 Holton Stephen C
Woodall Robert W $65,000 --
Washington Mutual Fianace Of $54,000 --
-- -- --
-- $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pressley Nancy Clifton $211,105
Previous Owner Woodall Jean Eller $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $215,000 -3.6% $179 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
12/01/2022 12/01/22 Price Changed $223,000 -2.2% $186 / Sq Ft
11/14/2022 11/14/22 Price Changed $228,000 -4.2% $190 / Sq Ft
11/04/2022 11/04/22 Price Changed $238,000 -2.1% $198 / Sq Ft
10/28/2022 10/28/22 For Sale $243,000 +185.9% $203 / Sq Ft
06/29/2022 06/29/22 Sold $85,000 -14.9% $77 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $99,900 -4.9% $91 / Sq Ft
05/19/2022 05/19/22 For Sale $105,000 -- $95 / Sq Ft
Source: Triad MLS

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 $905 $143,550 $0 $0
2023 $729 $115,710 $0 $0
2022 $729 $115,710 $0 $0
2021 $729 $115,710 $0 $0
2020 $570 $90,490 $0 $0
2019 $579 $90,490 $0 $0
2018 $579 $90,490 $0 $0
2017 $570 $90,490 $0 $0
2016 $566 $90,490 $0 $0
2015 $566 $90,490 $0 $0
2014 $503 $80,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1088396

Triad MLS

APN: 06-013-0-000-0029-0-0-0