NOT LISTED FOR SALE

325 Landers Way Unit 40 Belmont, NC 28012

Estimated Value: $391,000 - $461,000

4 Beds
3.5 Baths
1,560 Sq Ft
$100/mo HOA Fee

Last Sold March 11, 2020

Last sale price $250,000 $160 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,637/month

133 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Tile Flooring
  • Belmont Central Elementary School Rated A-
  • Breakfast Bar
  • Level Lot

About This Home

As of March 2020

Wonderful walk-to-downtown Belmont townhouse! Spacious 4 bedroom with double masters, up and down. Option to use master on main as extra living space or formal dining area with open kitchen and living area. Garage and pull-down attic provide ample extra storage. This unit has lovely front yard space which is unique to only a handful of units in Belmont Reserve. Enclosed brick-walled back patio (23x11) and garden is a nice private spot to sit or grill!

Last Agent to Sell the Property

Sarah Wiley

Coldwell Banker Carver-Pressley, Realtors License #120648 Listed on: 09/23/2019

Coldwell Banker Carver-Pressley, Realtors

Last Buyer's Agent

Sarah Wiley

Coldwell Banker Carver-Pressley, Realtors License #120648 Listed on: 09/23/2019

Coldwell Banker Carver-Pressley, Realtors

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 1,742

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1

Home Design

  • Traditional Architecture
  • Slab Foundation

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Laminate
  • Tile

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Lawn
  • Cable TV Available

Community Details

  • Cams Association, Phone Number (877) 672-2267

Listing and Financial Details

  • Assessor Parcel Number 212455

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.94340
  • Ratio Current Price By Acre: 6250000.00
  • Ratio Current Price By Sq Ft: 160.26
  • Unit Floor Level: 1
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 780
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 877-672-2267
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Pantry, Split BR Plan
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 780
  • Total Sq Ft: 1560

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Concrete
  • Parking: Back Load Garage, Driveway, Garage - 1 Car, On-Street Parking

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Complex Name: Belmont Reserve
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Lot Size Area: 0.040
  • Parcel Number: 212455
  • Plat Book Slide: 073
  • Plat Reference Section Pages: 025
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 207580.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Gonzalez Nelson Otto R and Gonzalez Laura
Bought by
Wise Kenneth Harold and Wise Carrie Ann
Current Estimated Value
$420,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$293,095
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$127,567

Purchase Details

Listed on
Sep 23, 2019
Closed on
Mar 11, 2020
Sold by
Vetter Elizabeth
Bought by
Gonzalez Otto R and Berrios Ortiz Laura
Seller's Agent
Sarah Wiley
Coldwell Banker Carver-Pressley, Realtors
Buyer's Agent
Sarah Wiley
Coldwell Banker Carver-Pressley, Realtors
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$237,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2016
Sold by
Rh & Partners Llc
Bought by
Vetter Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Belmont Reserve Llc
Bought by
Rh & Partners Llc
Source: Public Records

Range of Values:

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Average Value
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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
Wise Kenneth Harold $330,000 Taylor Law Pllc
Gonzalez Otto R $250,000 None Available
Vetter Elizabeth $192,000 Chicago Title
Rh & Partners Llc $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Kenneth Harold $330,000
Previous Owner Gonzalez Otto R $237,500
Previous Owner Vetter Elizabeth $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $250,000 -3.8% $160 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/02/2019 12/02/19 Price Changed $260,000 -1.9% $167 / Sq Ft
09/23/2019 09/23/19 For Sale $265,000 0.0% $170 / Sq Ft
02/05/2015 02/05/15 Rented $1,400 -3.4% --
02/04/2015 02/04/15 Under Contract -- -- --
09/26/2014 09/26/14 For Rent $1,450 -- --
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 $3,574 $339,090 $42,000 $297,090
2024 $3,574 $339,090 $42,000 $297,090
2023 $3,611 $339,090 $42,000 $297,090
2022 $2,709 $207,580 $25,500 $182,080
2021 $2,792 $207,580 $25,500 $182,080
2019 $2,813 $207,580 $25,500 $182,080
2018 $2,576 $186,009 $32,000 $154,009
2017 $2,502 $186,009 $32,000 $154,009
2016 $2,502 $186,009 $0 $0
2014 -- $214,616 $40,000 $174,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3552488

Canopy MLS (Canopy Realtor® Association)

APN: 212455