NOT LISTED FOR SALE

325 Elm St Belmont, NC 28012

Estimated Value: $278,000 - $551,000

3 Beds
1 Bath
1,080 Sq Ft
$412/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2020

Last sale price $55,000 $51 Per Sq Ft

Est. 708% increase in value since last sale

Current estimated payment $2,756 / mo

44 Days on Market

Highlights

  • 1-Story Property
  • Belmont Central Elementary School Rated A-
  • Carpet

About This Home

As of July 2020

BRING ALL OFFERS! Fantastic opportunity near downtown Belmont - property is in uninhabitable state of disrepair. Private lot on dead-end street. Quick access to downtown Belmont, major highways, and only 20 minutes from Charlotte Douglas Airport. Parcel includes lots 51,52,53,54- house currently sits on 53 & 54. The lot is large enough to potentially split into 2 lots. Plat map included in pictures and shows the 4 individual lots. Property being sold AS-IS, seller will make no repairs. ALL INTERESTED BUYERS, PLEASE CONTACT PLANNING AND ZONING DEPT OF CITY OF BELMONT FOR MORE INFORMATION REGARDING SUBDIVIDING PROCESS BEFORE CONTRACTING.

Last Agent to Sell the Property

Adrienne Casanova

Costello Real Estate and Investments LLC License #296370 Listed on: 04/18/2020

Costello Real Estate and Investments LLC

Last Buyer's Agent

Troy Knight

LKI Realty LLC License #266138

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.29

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 186134

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.29 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.79710
  • Ratio Close Price By Original Li: 0.79710
  • Ratio Current Price By Acre: 189655.17
  • Ratio Current Price By Sq Ft: 50.93
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace Description: Living Room
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1080
  • Total Sq Ft: 1080

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, On-Street Parking

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 186134
  • Zoning Specification: R1

Tax Info

  • Tax Value: 34060.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Lki Realty Llc
Bought by
Steil Gabriel and Steil Katie
Current Estimated Value
$444,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Outstanding Balance
$236,665
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,790

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jul 7, 2020
Sold by
Loso Llc
Bought by
Lki Realty Llc
Seller's Agent
Adrienne Casanova
Costello Real Estate and Investments LLC
Buyer's Agent
Troy Knight
LKI Realty LLC
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.67%

Purchase Details

Closed on
Jul 11, 2019
Sold by
Ck And Sags Llc
Bought by
Loso Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2019
Sold by
Cwa Investors Llc
Bought by
Ck And Sags Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2019
Sold by
Leeper Troy E
Bought by
Cwa Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1998
Sold by
William A Jones
Bought by
Clark Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Steil Gabriel $366,500 Investors Title Insurance Co
Lki Realty Llc $55,000 Investors Title Insurance Co
Loso Llc -- None Available
Ck And Sags Llc $40,000 None Available
Cwa Investors Llc $5,500 Investors Title Ins Company
Clark Margaret L -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Steil Gabriel $261,400
Previous Owner Loso Llc $72,000
Previous Owner Clark Margaret L $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2020 07/07/20 Sold $55,000 -20.3% $51 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $69,000 0.0% $64 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $69,000 -- $64 / Sq Ft
Source: Canopy 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
2025 $4,623 $438,630 $33,000 $405,630
2024 $4,623 $438,630 $33,000 $405,630
2023 $4,671 $526,200 $33,000 $493,200
2022 $4,129 $316,420 $15,000 $301,420
2021 $397 $286,280 $15,000 $271,280
2020 $458 $34,060 $15,000 $19,060
2019 $462 $34,060 $15,000 $19,060
2018 $448 $32,342 $13,200 $19,142
2017 $435 $32,342 $13,200 $19,142
2016 $435 $32,342 $0 $0
2014 $454 $33,717 $16,500 $17,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3594645

Canopy MLS

APN: 186134

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