NOT LISTED FOR SALE

2845 Lakefront Dr Belmont, NC 28012

Estimated Value: $697,000 - $1,234,000

3 Beds
2.5 Baths
1,875 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $770,000 $411 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,626 / mo

29 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Traditional Architecture
  • New Hope Elementary School Rated 10
  • Deck
  • Wood Flooring

About This Home

As of July 2022

Live the "lake life" at this serene property. Beautiful home boasts many new improvements: remodeled primary bath, walk-in closet, and upstairs bath; new carpet in upstairs bedrooms; fresh paint throughout; new tankless water heater and water purifier; new light fixtures; updated landscaping; new kayak launchpad for easy water access. Enjoy lake views while sipping morning coffee on the cozy screened-in porch; have everyone over for dinner on the large deck that overlooks the water. Natural light floods the living room through a wall of windows. Primary bedroom on main with glass doors out to the deck facing the water. Large walk-out basement could be finished for additional square footage. Also, a carriage house (with its own driveway) sits on the far side of this expansive property, providing the potential for a lakeside guesthouse or an income-producing AirBnB. So many possibilities! A rare and unique property!

Last Agent to Sell the Property

Alison Goodman

EXP Realty LLC Ballantyne License #299541 Listed on: 05/13/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Christi Mercer

Yancey Realty, LLC License #290839

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • Waterfront
  • Corner Lot
  • Zoning described as R1

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • New Hope Elementary School
  • Cramerton Middle School
  • South Point High School

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 192368

Community Details

Overview

  • Paradise Point Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

1.46 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2010
  • Ratio Current Price By Acre: 527397.26
  • Restrictions: No Restrictions
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1231
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1231
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1231
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 644
  • Porch: Deck,Screened
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1875
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Water Body Name: Lake Wylie
  • Waterfront Features: Paddlesport Launch Site
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Water Softener System, Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 192368
  • Plat Reference Section Pages: 0580
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 1.48965

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: New Hope
  • High School: South Point (NC)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 20, 2022
Sold by
Brown Debra L
Bought by
Key David R and Key Adrienne L
Seller's Agent
Alison Goodman
EXP Realty LLC Ballantyne
Buyer's Agent
Christi Mercer
Yancey Realty, LLC
List Price
$799,999
Sold Price
$770,000
Premium/Discount to List
-$29,999
-3.75%
Current Estimated Value
$965,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,068
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Dec 16, 2020
Sold by
Cantrell James B and Cantrell Megan R
Bought by
Brown Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2018
Sold by
Meriac Ivan and Meriac Kathleen K
Bought by
Cantrell James B and Burnett Megan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,950
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2004
Sold by
Ratchford Herman E
Bought by
Meriac Ivan and Meriac Kathleen K
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

Date Buyer Sale Price Title Company
Key David R $770,000 Hatley Ryan David
Key David R $770,000 Hatley Ryan David
Brown Debra L $650,000 Southern Homes Title Co Inc
Cantrell James B $495,000 None Available
Meriac Ivan $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Debra L $510,400
Previous Owner Cantrell James B $400,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $770,000 -3.7% $411 / Sq Ft
07/03/2022 07/03/22 For Sale $799,999 0.0% $427 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $799,999 0.0% $427 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $799,999 -- $427 / 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 $5,132 $718,710 $215,080 $503,630
2024 $5,132 $718,710 $215,080 $503,630
2023 $4,995 $718,710 $215,080 $503,630
2022 $4,941 $537,040 $174,640 $362,400
2021 $4,978 $537,040 $174,640 $362,400
2020 $4,500 $492,340 $174,640 $317,700
2019 $4,549 $492,340 $174,640 $317,700
2018 $3,079 $317,449 $94,140 $223,309
2017 $3,041 $317,449 $94,140 $223,309
2016 $3,041 $317,449 $0 $0
2014 $2,925 $307,848 $104,600 $203,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3860620

Canopy MLS

APN: 192368

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