NOT LISTED FOR SALE

273 Ellington Rd Belmont, NC 28012

Estimated Value: $782,000 - $1,003,000

4 Beds
4 Baths
1,523 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $615,000 $404 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,089/month

4 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • Belmont Central Elementary School Rated A-
  • Traditional Architecture
  • Skylights

About This Home

As of December 2020

Enjoy glorious sunset views from this beautiful waterfront home on Lake Wylie. This gently sloping 0.51 +/- acre lot offers privacy aplenty w/ beautiful hardwood trees, great yard space, & floating dock. So much to love about this home including hardwood floors, vaulted ceilings, open floorplan, eat-in kitchen w/custom tile counters, & breakfast bar flowing to great room w/ built-in cabinetry, fireplace, & impressive lake views. Upper level boasts spacious owner suite. Separate detached guest house is perfect for a home office or guest space featuring den, 2nd kitchen, 2 BR, & 2 BA. Detached 1 car garage with spacious workshop area. Encapsulated crawl space & partial basement provides plenty of space for storage. The wrap around covered porch is perfect for entertaining or to relax & enjoy the glorious views. Floating dock is just a few steps away for your boating adventures. You’ll love beautiful Belmont, with a small-town feel, but oh-so convenient to uptown Charlotte.

Last Agent to Sell the Property

Drew Choate

Keller Williams Connected License #169894 Listed on: 10/16/2020

Keller Williams Connected

Last Buyer's Agent

Adam Rappaport

Regatta Realty Inc License #226519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.51

Parking

  • 1

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 4 Full Bathrooms
  • Open Floorplan
  • Skylights
  • Wood Burning Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 193307

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.12022
  • Ratio Close Price By Original Li: 1.12022
  • Ratio Current Price By Acre: 1205882.35
  • Ratio Current Price By Sq Ft: 403.81
  • Year Built: 1981
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 414
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Open Floorplan, Pantry, Skylight(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Exterior Not Connected, Guest House
  • Second Living Quarters Hla: 857
  • Main Level Sq Ft: 1109
  • Total Sq Ft: 1523

Exterior Features

  • Construction: Brick Partial, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Driveway, Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 151x186x11WF+/-x178
  • Lot Features: Water view, Waterfront
  • Lot Size Area: 0.510
  • Parcel Number: 193307
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 380680.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 15, 2020
Sold by
Powell Sara Davis and Powell Frank R
Bought by
Rappaport Adam and Rappaport Kerri L
Seller's Agent
Drew Choate
Keller Williams Connected
Buyer's Agent
Adam Rappaport
Regatta Realty Inc
List Price
$549,000
Sold Price
$615,000
Premium/Discount to List
$66,000
12.02%
Current Estimated Value
$881,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,770
Avg. Annual Appreciation
7.80%
Original Mortgage
$492,000
Outstanding Balance
$438,027
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$443,743

Purchase Details

Closed on
Sep 29, 2005
Sold by
Lawing Alexander G and Nichols Lawing Dianne L
Bought by
Powell Frank R and Powell Sara Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Rappaport Adam $615,000 None Available
Powell Frank R $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rappaport Adam $492,000
Previous Owner Powell Frank R $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $615,000 +12.0% $404 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $549,000 -- $360 / 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 $4,962 $694,890 $250,160 $444,730
2024 $4,962 $694,890 $250,160 $444,730
2023 $4,829 $694,890 $250,160 $444,730
2022 $3,586 $389,750 $166,770 $222,980
2021 $3,430 $389,750 $166,770 $222,980
2020 $3,297 $380,680 $166,770 $213,910
2019 $3,335 $380,680 $166,770 $213,910
2018 $3,719 $408,669 $206,625 $202,044
2017 $3,719 $408,669 $206,625 $202,044
2016 $3,760 $408,669 $0 $0
2014 $3,185 $340,983 $249,637 $91,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3672675

Canopy MLS (Canopy Realtor® Association)

APN: 193307