NOT LISTED FOR SALE

306 Forest Bay Ct Belmont, NC 28012

Estimated Value: $742,000 - $835,000

3 Beds
3.5 Baths
3,271 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $661,500 $202 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,744/month

28 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Patio
  • Belmont Central Elementary School Rated A-
  • Attached Garage
  • Laundry Room

About This Home

As of September 2022

DESIGNER HOME, come see this magnificent home, in private,cul-de-sac with large lot in the Forest Bay subdivision. This home has space in all the right places & flows well for entertaining with beautiful hardwoods, granite countertopsrs, inviting kitchen w/ ample counter & cabinet space, huge back porch, private backyard, tankless water heater, designer DR/office and so much more!

Last Agent to Sell the Property

Ned Williams

Your Home Sold Guaranteed Real License #223263 Listed on: 07/18/2022

Last Buyer's Agent

Matt Cox

Keller Williams South Park License #107179

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 2001

Lot Details

  • 0.77

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Belmont Central Elementary School
  • Belmont Middle School
  • South Point High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Patio
  • Zoning described as R1

Community Details

  • Forest Bay Association
  • Forest Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 193416

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,622

Year Built

Built in 2001

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 859090.91
  • Road Surface Type: Concrete
  • Structure Type: One Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 202.23
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2795
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 476
  • Porch: Patio
  • Appliances: Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Electric Oven, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 3271
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 611
  • Parking Features: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Sidewalks, Street Lights
  • Association Fee: 425
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Forest Bay
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Belmont
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 850.00

Lot Info

  • Lot Size Area: 0.77
  • Lot Size Units: Acres
  • Parcel Number: 193416
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.43104

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 2, 2022
Sold by
Opendoor Property Trust
Bought by
Lanning Matthew and Lanning Meagan
Seller's Agent
Ned Williams
Your Home Sold Guaranteed Real
Buyer's Agent
Matt Cox
Keller Williams South Park
List Price
$690,000
Sold Price
$661,500
Premium/Discount to List
-$28,500
-4.13%
Views
1
Current Estimated Value
$787,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,520
Avg. Annual Appreciation
6.07%
Original Mortgage
$529,200
Outstanding Balance
$500,944
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$286,076

Purchase Details

Closed on
Jun 30, 2022
Sold by
Unknown
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Jun 8, 2011
Sold by
Mcintosh Carletta H
Bought by
Clark Charles Keith and Clark Emily A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,300
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2000
Sold by
Lakeside Properties Inc
Bought by
Mcintosh Carl Eugene and Mcintosh Carletta H
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
Lanning Matthew $661,500 --
Opendoor Property Trust $668,500 New Title Company Name
Clark Charles Keith $367,000 None Available
Mcintosh Carl Eugene $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanning Matthew $529,200
Previous Owner Crenshaw Ii William Harrison $130,000
Previous Owner Clark Charles K $326,000
Previous Owner Clark Charles Keith $330,300
Previous Owner Mcintosh Carl E $200,000
Previous Owner Mcintosh Carl E $50,000
Previous Owner Mcintosh Carl E $178,000
Previous Owner Mcintosh Carl E $175,000
Previous Owner Mcintosh Carl E $15,000
Previous Owner Mcintosh Carl E $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $661,500 -1.3% $202 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $670,000 -2.9% $205 / Sq Ft
07/18/2022 07/18/22 For Sale $690,000 -- $211 / 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 $4,622 $647,290 $65,000 $582,290
2024 $4,622 $647,290 $65,000 $582,290
2023 $4,396 $632,550 $65,000 $567,550
2022 $4,307 $468,190 $65,000 $403,190
2021 $4,120 $468,190 $65,000 $403,190
2019 $4,101 $468,190 $65,000 $403,190
2018 $3,727 $409,568 $66,000 $343,568
2017 $3,727 $409,568 $66,000 $343,568
2016 $3,768 $409,568 $0 $0
2014 $3,804 $407,300 $82,747 $324,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3885292

Canopy MLS (Canopy Realtor® Association)

APN: 193416