NOT LISTED FOR SALE

302 Forest Bay Ct Belmont, NC 28012

Estimated Value: $798,000 - $1,005,000

0.73 Acre
$1,213,162 Price per Acre
31,799 Sq Ft Lot

Last Sold January 28, 2020

Last sale price $49,000

Est. 1,707% increase in value since last sale

Current estimated payment $5,287/month

847 Days on Market

Highlights

  • Community Lake
  • Wooded Lot
  • Corner Lot
  • Belmont Central Elementary School Rated A-

About This Lot

As of January 2020

Belmont is the NEW hot spot! This picturesque lot is the perfect location for you and priced under tax value - it's the best bargain in Forest Bay. Vision living the lake life and build the house of your dreams on this beautiful wooded lot located in the quaint neighborhood of Forest Bay. Close to Center City and only 20 minutes to the airport, 12 minutes to Belmont's bustling downtown area with many restaurants, shops, and bakeries, Daniel Stowe Botanical Gardens and several Marinas within minutes. And now the light rail has been approved and will be be coming to Belmont - making this already popular area even better.

Last Agent to Sell the Property

Karen Lambrinides

Sweet Home Carolina Realty LLC License #241087 Listed on: 07/21/2017

Last Buyer's Agent

Sharon Maney

Berkshire Hathaway HomeServices Elite Properties License #237632

Berkshire Hathaway HomeServices Elite Properties

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Community Details

  • Forest Bay HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 193415

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.65421
  • Ratio Current Price By Acre: 67123.29
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Forest Bay HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.730
  • Parcel Number: 193415
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 63236.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 28, 2020
Sold by
Wyatt Craig and Wyatt Wendy
Bought by
Maney Charles E and Maney Sharon K
Seller's Agent
Karen Lambrinides
Sweet Home Carolina Realty LLC
Buyer's Agent
Sharon Maney
Berkshire Hathaway HomeServices Elite Properties
List Price
$74,900
Sold Price
$49,000
Premium/Discount to List
-$25,900
-34.58%
Current Estimated Value
$885,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,608
Avg. Annual Appreciation
68.01%

Purchase Details

Closed on
Apr 23, 2005
Sold by
Lakeside Properties Inc
Bought by
Chudgar Mahendra B and Chudgar Nayna M

Purchase Details

Closed on
Mar 23, 2005
Sold by
Lakeside Properties Inc
Bought by
Wyatt Craig and Wyatt Wendy
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
Maney Charles E $49,000 None Available
Chudgar Mahendra B $77,000 --
Wyatt Craig $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maney Charles E $100,000
Open Maney Charles E $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $49,000 0.0% --
11/15/2019 11/15/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $49,000 -15.5% --
09/11/2019 09/11/19 Price Changed $58,000 -3.3% --
01/02/2019 01/02/19 Price Changed $60,000 -19.9% --
07/21/2017 07/21/17 For Sale $74,900 -- --
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 $5,126 $717,950 $65,000 $652,950
2024 $5,099 $714,090 $65,000 $649,090
2023 $4,963 $714,090 $65,000 $649,090
2022 $1,584 $172,130 $65,000 $107,130
2021 $572 $65,000 $65,000 $0
2019 $569 $65,000 $65,000 $0
2018 $575 $63,236 $63,236 $0
2017 $575 $63,236 $63,236 $0
2016 $582 $63,236 $0 $0
2014 $680 $72,789 $72,789 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3294515

Canopy MLS (Canopy Realtor® Association)

APN: 193415