NOT LISTED FOR SALE

3017 Applewood Point Ln Belmont, NC 28012

Estimated Value: $589,000 - $908,000

0.6 Acre
$1,118,772 Price per Acre
26,136 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $95,000

Est. 607% increase in value since last sale

Current estimated payment $3,996/month

2,373 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Wooded Lot
  • Belmont Central Elementary School Rated A-
  • Community Lake

About This Lot

As of August 2018

Lovely waterfront home site in new community with wooded lots and breathtaking views of Lake Wylie. Shady hardwoods accentuate the natural beauty. Lot 17 Lakepoint is a cul-de-sac lot. Developer is including a dock slip in the community marina. Build your dream home and enjoy lakefront living, using your own builder or one of ours. You won't find a better value for lots like these! See tour.

Last Agent to Sell the Property

Drew Choate

Keller Williams Connected License #169894 Listed on: 01/19/2012

Keller Williams Connected

Last Buyer's Agent

Quinn Johnson

Lake Wylie Realty License #196554

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $25 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 218302

Community Details

Overview

  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.76000
  • Ratio Close Price By Original Li: 0.50000
  • Ratio Current Price By Acre: 158333.33
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Foundation Details Proposed: Crawl Space
  • Special Features: None

Interior Features

  • Foundation Details: Basement

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake, Lake Access
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 101x168x70WFx71'
  • Lot Features: Waterfront, Water view, Wooded
  • Lot Size Area: 0.600
  • Lot Size Units: Acres
  • Parcel Number: 218302
  • Zoning: Residential Lot
  • Zoning Specification: res

Tax Info

  • Tax Value: 220000.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2012
Closed on
Aug 31, 2018
Sold by
Lake Point Development Corp
Bought by
Newby William H and Newby Eeva H
Seller's Agent
Drew Choate
Keller Williams Connected
Buyer's Agent
Quinn Johnson
Lake Wylie Realty
List Price
$190,000
Sold Price
$95,000
Premium/Discount to List
-$95,000
-50%
Current Estimated Value
$671,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,263
Avg. Annual Appreciation
31.40%
Original Mortgage
$71,250
Outstanding Balance
$43,861
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$627,402

Purchase Details

Closed on
Sep 19, 2007
Sold by
Pp Lake Wylie Llc
Bought by
Lake Point Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,027,407
Interest Rate
6.55%
Mortgage Type
Seller Take Back
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
Newby William H $95,000 None Available
Lake Point Development Corp $5,985,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newby William H $71,250
Previous Owner Lake Point Development Corp $3,027,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $95,000 -50.0% --
07/19/2018 07/19/18 Pending -- -- --
01/19/2012 01/19/12 For Sale $190,000 -- --
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 $5,279 $500,870 $98,700 $402,170
2024 $5,279 $500,870 $98,700 $402,170
2023 $5,334 $500,870 $98,700 $402,170
2022 $4,196 $321,520 $74,030 $247,490
2021 $4,324 $321,520 $74,030 $247,490
2019 $1,227 $90,530 $74,030 $16,500
2018 $2,197 $158,625 $158,625 $0
2017 $2,134 $158,625 $158,625 $0
2016 $2,134 $158,625 $0 $0
2014 $2,959 $220,000 $220,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2061058

Canopy MLS (Canopy Realtor® Association)

APN: 218302