$640,000
SOLD AUG 12, 2024

320 Lake Point Ln Belews Creek, NC 27009

4 Beds
3.5 Baths
3,700 Sq Ft
1.6 Acres

Recently Sold

$173 Per Sq Ft

19% Below List Price

64 Days on Market

Highlights

  • Home fronts a creek
  • Attached Carport
  • 2 Car Garage
  • Creek On Lot
  • Central Air

About This Home

As of August 2024

Lakefront home with a spacious floor plan on over an acre of land. Sold as-is, ready for a buyer's personal touch and redesign! Quiet, gated community.

Last Agent to Sell the Property

Andrea Ochoa

Collective Realty LLC License #300888

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1997

Lot Details

  • 1.6 Acre Lot
  • Home fronts a creek
  • Property is zoned RS40-S

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,437 Sq Ft Home
  • 3,000-3,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Creek On Lot

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Lake Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6981919663
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 1997

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Subdivision Name: Lake Point
  • Directions: From Belews Creek Rd., take Cook Farm Rd. north and right on Blue Water and right on Lake Point Ln.
  • Above Grade Finished Sq Ft: 3437
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3437
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Waterfront Features: Creek
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Completion Date: 2024-04-20T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 405
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6981919663
  • Zoning: RS40-S
  • TRIADMLS_PricePerAcre: 400000
  • TRIADMLS_DeedPage: 4463
  • TRIADMLS_DeedBook: RE3223
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 4822.24
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.7917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Aug 8, 2024
Sold by
Telford Christine
Bought by
Bms Investment Properties Llc
Seller's Agent
Andrea Ochoa
Collective Realty LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$790,000
Sold Price
$640,000
Premium/Discount to List
-$150,000
-18.99%
Total Days on Market
64
Views
115
Current Estimated Value
$744,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,860
Avg. Annual Appreciation
21.47%
Original Mortgage
$536,750
Outstanding Balance
$533,713
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$211,147

Purchase Details

Closed on
Mar 30, 2015
Sold by
Telford Christine and Christine Telford Living Trust
Bought by
Telford George Robert and Telford Christine

Purchase Details

Closed on
Jan 5, 2005
Sold by
Telford George Robert and Telford Christine
Bought by
Telford Christine and Christine Telford Living Trust

Map

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 Type Sale Price Title Company
Warranty Deed $630,000 Title Connect
Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $536,750 New Conventional
Previous Owner $372,188 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $58,685 Credit Line Revolving
Previous Owner $314,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $640,000 -19.0% $213 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $790,000 +23.4% $263 / Sq Ft
06/20/2024 06/20/24 Off Market $640,000 -- --
06/19/2024 06/19/24 Price Changed $790,000 -2.5% $263 / Sq Ft
06/03/2024 06/03/24 Price Changed $810,000 -1.2% $270 / Sq Ft
05/24/2024 05/24/24 For Sale $820,000 +28.1% $273 / Sq Ft
05/22/2024 05/22/24 Off Market $640,000 -- --
04/24/2024 04/24/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $820,000 -- $273 / Sq Ft
Source: Triad MLS

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
2023 $4,822 $609,100 $206,300 $402,800
2022 $4,822 $609,100 $206,300 $402,800
2021 $4,822 $609,100 $206,300 $402,800
2020 $4,660 $541,400 $206,300 $335,100
2019 $4,715 $541,400 $206,300 $335,100
2018 $4,532 $541,400 $206,300 $335,100
2016 $4,317 $513,330 $196,875 $316,455
2015 $4,137 $513,330 $196,875 $316,455
2014 $4,064 $513,330 $196,875 $316,455
Source: Public Records

Source: Triad MLS

MLS Number: 1140042

Triad MLS

APN: 6981-91-9663