NOT LISTED FOR SALE

3124 Lake Pointe Dr Unit L 163 Belmont, NC 28012

Estimated Value: $1,326,000 - $1,485,948

0.88 Acre
$1,605,662 Price per Acre
38,333 Sq Ft Lot

Last Sold December 12, 2018

Last sale price $78,000

Est. 1,712% increase in value since last sale

Current estimated payment $8,535/month

107 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Pond
  • Belmont Central Elementary School Rated A-
  • Hilly Lot
  • Wooded Lot

About This Lot

As of December 2018

One of the few .88 acre lots remaining in this gated community surrounded by Lake Wylie. The lot is well suited for a walkout basement to build your custom dream home. Lot backs to the main walking path which leads up to the clubhouse and tennis courts. Lake Pointe Dr. runs along the main channel of the lake so home may have seasonal views of the lake. Enjoy community amenities which include a clubhouse, pool, paved walking trails, lighted tennis courts, recreation/soccer size field, onsite boat storage, waterfront pavilion and marina with deed boat slips. Seller owns a 30' slip which is also being offered at additional cost. Work with your builder or one of the communities "Featured Builders". Reflection Pointe is just 10 minutes from downtown Belmonts small town life and 30 minutes from Uptown Charlotte. Belmont offers new Harris Teeter, restaurants, pubs, small brewery and shopping. If looking for the lake life, boating and a short commute to Uptown this is the place to be.

Last Agent to Sell the Property

Jeff Moll

Keller Williams Ballantyne Area License #256290 Listed on: 07/16/2018

Keller Williams Ballantyne Area

Last Buyer's Agent

Liz Young

RE/MAX Executive License #211192

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $158 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 203931
  • Tax Block 067

Community Details

Overview

  • Cedar Management Group Association, Phone Number (877) 252-3327

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

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: 0.91765
  • Ratio Close Price By Original Li: 0.91765
  • Ratio Current Price By Acre: 88636.36
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Partially Finished
  • H O A Management Phone: 877-252-3327

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, 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 Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 177x256x94x322
  • Lot Features: Hilly, Wooded
  • Lot Size Area: 0.880
  • Parcel Number: 203931
  • Zoning Specification: r-1
  • Plat Book Slide: 065
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 40000.00
  • Tax Block: 067
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Dec 11, 2018
Sold by
Petrillo Paul C and Petrillo Barbara
Bought by
Shook Ronald James and Shook Jessica M
Seller's Agent
Jeff Moll
Keller Williams Ballantyne Area
Buyer's Agent
Liz Young
RE/MAX Executive
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$1,412,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,334,983
Avg. Annual Appreciation
53.08%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Petrillo Paul C and Petrillo Barbara A
Bought by
Petrillo Paul C

Purchase Details

Closed on
Oct 30, 2009
Sold by
Petrillo Paul C
Bought by
Petrillo Paul C and Petrillo Barbara A

Purchase Details

Closed on
Sep 6, 2005
Sold by
Trott Richard H and Trott Joyce M
Bought by
Petrillo Paul C and Petrillo Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,410
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shook Ronald James $78,000 None Available
Petrillo Paul C -- None Available
Petrillo Paul C -- None Available
Petrillo Paul C $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shook Jossica $629,400
Closed Shook Jessica Motsinger $620,000
Previous Owner Petrillo Paul C $157,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $78,000 -8.2% --
10/31/2018 10/31/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $85,000 -- --
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 $10,981 $1,033,280 $84,130 $949,150
2024 $10,792 $1,015,350 $84,130 $931,220
2023 $10,903 $1,015,350 $84,130 $931,220
2022 $8,512 $652,260 $42,300 $609,960
2021 $7,809 $637,260 $42,300 $594,960
2019 $663 $42,300 $42,300 $0
2018 $644 $40,000 $40,000 $0
2017 $538 $40,000 $40,000 $0
2016 $538 $40,000 $0 $0
2014 $1,681 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3414138

Canopy MLS (Canopy Realtor® Association)

APN: 203931