NOT LISTED FOR SALE

307 Elm St Belmont, NC 28012

Estimated Value: $237,000 - $241,000

2 Beds
1 Bath
720 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $237,500 $330 Per Sq Ft

Current estimated payment $1,415/month

35 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Air
  • Belmont Central Elementary School Rated A-
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2023

This is a cash flowing airbnb - year end report for 2022 in the attachments. Home includes all furnishings, appliances, linens, TV's, etc. House is sold as is.

Last Agent to Sell the Property

Cynthia Hegler

Southern Home Group Realty LLC License #289616 Listed on: 01/02/2023

Last Buyer's Agent

Denis Arnautovic

Coldwell Banker Realty License #281644

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1960

Lot Details

  • 9,147 Sq Ft Lot
  • Property is zoned R1

Parking

  • 2 Open Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 125594

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 329.86
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 720
  • 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: 0
  • Appliances: Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 720
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 720
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Parcel Number: 125594
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Mar 7, 2023
Sold by
Southern Home Group Llc
Bought by
Jones Stephen B and Jones Elizabeth R
Seller's Agent
Cynthia Hegler
Southern Home Group Realty LLC
Buyer's Agent
Denis Arnautovic
Coldwell Banker Realty
List Price
$265,000
Sold Price
$237,500
Premium/Discount to List
-$27,500
-10.38%
Views
88
Current Estimated Value
$238,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784
Avg. Annual Appreciation
-3.61%
Original Mortgage
$190,000
Outstanding Balance
$184,249
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$32,254

Purchase Details

Closed on
Jan 28, 2021
Sold by
Weathers Thomas B and Weathers Abigail B
Bought by
Southern Home Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,100
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Weathers Thomas B and Weathers Abigail B

Purchase Details

Closed on
Apr 26, 2010
Sold by
Carnes Catherine Faires and Carnes Mason
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 28, 2004
Sold by
Lasalle Bank Na
Bought by
Carnes Mason and Carnes Catherine Faires

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2003
Sold by
Vernon Frans
Bought by
Lasalle Bank Na and Lasalle National Bank

Purchase Details

Closed on
Oct 13, 1999
Sold by
Davis Linwood B Rina G
Bought by
Contimortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
12%

Purchase Details

Closed on
Oct 10, 1999
Sold by
Davis Linwood B and Davis Tina G
Bought by
Vernon Frans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
12%
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
Jones Stephen B $237,500 --
Southern Home Group Llc $135,000 None Available
Weathers Thomas B -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation $23,926 None Available
Carnes Mason $28,000 --
Lasalle Bank Na $46,750 --
Contimortgage Corp $45,000 --
Vernon Frans $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stephen B $190,000
Previous Owner Southern Home Group Llc $132,000
Previous Owner Southern Home Group Llc $144,100
Previous Owner Weathers Abigail $50,000
Previous Owner Carnes Mason $14,182
Previous Owner Carnes Mason $22,400
Previous Owner Vernon Frans $52,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $237,500 +1.1% $330 / Sq Ft
02/04/2023 02/04/23 Price Changed $235,000 -8.6% $326 / Sq Ft
01/29/2023 01/29/23 Price Changed $257,050 -3.0% $357 / Sq Ft
01/02/2023 01/02/23 For Sale $265,000 -- $368 / 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 $1,756 $166,610 $33,000 $133,610
2024 $1,756 $166,610 $33,000 $133,610
2023 $1,774 $166,610 $33,000 $133,610
2022 $745 $57,050 $15,000 $42,050
2021 $767 $57,050 $15,000 $42,050
2020 $767 $57,050 $15,000 $42,050
2019 $773 $57,050 $15,000 $42,050
2018 $512 $36,946 $13,200 $23,746
2017 $497 $36,946 $13,200 $23,746
2016 $497 $36,946 $0 $0
2014 $551 $40,976 $16,500 $24,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3932091

Canopy MLS (Canopy Realtor® Association)

APN: 125594