NOT LISTED FOR SALE

Estimated Value: $89,000

0.4 Acre
$222,500 Price per Acre
17,424 Sq Ft Lot

Last Sold September 10, 2021

Last sale price $20,000

Est. 345% increase in value since last sale

Current estimated payment $549/month

87 Days on Market

Highlights

  • On Golf Course
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of September 2021

Beautiful cul-de-sac wooded lot in Belmont Lake Preserve. Come and build your dream home and be part of a lovely 18-hole championship golf course. Enjoy a clubhouse with indoor and outdoor pools, Billiards room and exercise room. Large facility for community gatherings or for your own personal event. If you like to kayak, there is a 80 acre lake to use.

Last Agent to Sell the Property

RAY JOYNER

Coldwell Banker Watson Properties License #189529 Listed on: 05/17/2021

Coldwell Banker Watson Properties

Last Buyer's Agent

Trevor Foote

Moorefield Real Estate License #265444

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $399

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 65x65x268
  • On Golf Course
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $48 Monthly HOA Fees

Schools

  • Hubbard Elementary School
  • Red Oak Middle School
  • Northern Nash High School

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 38528899866

Community Details

Overview

  • Belmont Lake HOA, Phone Number (919) 459-1860
  • Belmont Lake Preserve Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$399

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 65

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: City of Rocky Mount
  • Service Providers Sewer Provider: Rocky Mount
  • Service Providers Water Provider: Rocky Mount
  • Utilities: Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Fitness Center, Golf Course, Maint - Comm Areas, Pool, Street Lights
  • Annual HOA: 574.04
  • HOA Company: Belmont Lake HOA
  • HOA Phone: 919-459-1860

Lot Info

  • Deed Book: 2396
  • Deed Page: 700.00
  • Lot Description: Cul-de-Sac Lot, Golf Course Lot
  • Lot Dimensions: 65x65x268
  • Lot Number: 5
  • Lot Sq Ft: 17424.00
  • Special Assessments: none known
  • Zoning: R
  • Acres: 0.40
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 62500.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 5

Tax Info

  • Tax Identifier: 38528899866
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 198.00
  • Total Real Estate Property Taxes: 399.00

MLS Schools

  • Elementary School: Hubbard
  • Elementary School #2: Charter School
  • High School: Northern Nash
  • High School2: NRMPS Early College
  • Middle School: Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Square Foote Llc
Bought by
Armstrong Vickie Shirnell and Armstrong Vernice Lee
Current Estimated Value
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$551,914
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$462,914

Purchase Details

Listed on
May 17, 2021
Closed on
Sep 9, 2021
Sold by
Willauer Walter and Willauer Susan
Bought by
Square Foote Llc
Seller's Agent
RAY JOYNER
Coldwell Banker Watson Properties
Buyer's Agent
Trevor Foote
Moorefield Real Estate
List Price
$46,000
Sold Price
$20,000
Premium/Discount to List
-$26,000
-56.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.79%

Purchase Details

Closed on
May 5, 2008
Sold by
Fords Colony At Rocky Mount Llc
Bought by
Willauer Walter F and Willauer Susan R
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
Armstrong Vickie Shirnell $45,000 None Listed On Document
Square Foote Llc $20,000 None Available
Willauer Walter F $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Vickie Shirnell $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $20,000 -20.0% --
08/12/2021 08/12/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $25,000 -45.7% --
05/17/2021 05/17/21 For Sale $46,000 -- --
Source: Hive MLS

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 $189 $30,000 $30,000 $0
2023 $201 $30,000 $0 $0
2022 $206 $30,000 $30,000 $0
2021 $201 $30,000 $30,000 $0
2020 $201 $30,000 $30,000 $0
2019 $201 $30,000 $30,000 $0
2018 $201 $30,000 $0 $0
2017 $201 $30,000 $0 $0
2015 $737 $110,000 $0 $0
2014 $737 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100271854

Hive MLS

APN: 3852-08-89-9866