NOT LISTED FOR SALE

3116 Lake Pointe Dr Unit 165 Belmont, NC 28012

Estimated Value: $1,134,000 - $1,228,417

0.66 Acre
$1,762,279 Price per Acre
28,750 Sq Ft Lot

Last Sold March 23, 2016

Last sale price $40,000 $11 Per Sq Ft

Est. 2,808% increase in value since last sale

Current estimated payment $7,641/month

168 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Clubhouse
  • Belmont Central Elementary School Rated A-
  • Community Lake
  • Pond

About This Lot

As of March 2016

One of the nicest premiere lots to build on in Reflection Pointe! Walking trail and pond with fountain behind lot that leads to club house and tennis courts. Perfect for a walk out basement (gentle slope).
Reflection Pointe is close to Charlotte and the airport. No time frame to build. Bring your own builder or choose from one of the community builders.
JET SKI SLIP IS INCLUDED WITH THIS PROPERTY. Jet ski slip is located at the community marina in Reflection Pointe.

Last Agent to Sell the Property

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 08/20/2015

Allen Tate Lake Norman

Last Buyer's Agent

Michelle Spence

MartinGroup Properties Inc License #235752

Property Details

Property Type

  • Land

Year Built

  • 2016

Lot Details

HOA Fees

  • $158 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 203933

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2016

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88889
  • Ratio Close Price By Original Li: 0.85106
  • Ratio Current Price By Acre: 60606.06
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 704-644-8808

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water, Connection Fee Required

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake, Lake Access, Playground, Pond, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 950.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 136X216X138X212
  • Lot Features: Water view, Lake, Wooded
  • Lot Size Area: 0.660
  • Parcel Number: 203933
  • Zoning: Residential

Tax Info

  • Tax Value: 40000.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Kren Michael Richard and Kren Leah Kathleen
Bought by
Carlson Timothy M and Carlson Alissa Beth
Total Days on Market
168
Current Estimated Value
$1,163,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,323
Outstanding Balance
$590,990
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$577,048

Purchase Details

Closed on
Oct 31, 2018
Sold by
Blue Ridge Crafstsman Inc
Bought by
Kren Michael Richard and Kren Leah Kathleen

Purchase Details

Closed on
Jun 21, 2007
Sold by
Myers Robert F and Noe Diane S
Bought by
Reichert Paul M and Reichert Delyse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Carlson Timothy M $644,500 None Available
Kren Michael Richard $487,500 None Available
Reichert Paul M $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Timothy M $659,323
Previous Owner Blue Ridge Crafstsman Inc $438,000
Previous Owner Blue Ridge Craftsmen Inc $60,000
Previous Owner Reichert Paul M $103,500
Previous Owner Reichert Paul M $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $40,000 -14.9% $11 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
08/20/2015 08/20/15 For Sale $47,000 -- $13 / 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
2024 $11,448 $1,077,660 $76,000 $1,001,660
2023 $11,567 $1,077,660 $76,000 $1,001,660
2022 $8,952 $685,940 $40,000 $645,940
2021 $9,316 $685,940 $40,000 $645,940
2019 $8,436 $621,340 $40,000 $581,340
2018 $4,285 $302,917 $40,000 $262,917
2017 $538 $80,000 $40,000 $40,000
2016 $538 $40,000 $0 $0
2014 $1,681 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3109692

Canopy MLS (Canopy Realtor® Association)

APN: 203933