NOT LISTED FOR SALE

405 Glen Arbor Dr Belmont, NC 28012

Estimated Value: $679,000 - $790,000

4 Beds
2.5 Baths
3,312 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $380,000 $115 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,539/month

89 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Wood Flooring
  • Belmont Central Elementary School Rated A-
  • Cathedral Ceiling
  • Circular Driveway

About This Home

As of October 2019

Your own nature preserve close to downtown Belmont. Cul de sac privacy in beautiful, established Glenmere, this custom built home has great architectural style. The main level great room & dining room are open & airy for excellent entertaining flow. The kitchen & keeping room/breakfast area are the perfect gathering space with Wolf range for the chef plus a prep sink for the sous chef & a large pantry for both - and a fireplace to be enjoyed by all. The master bedroom suite features a large closet, two sinks and great space. Down the hall is a large office with wet bar easily converted to have a second main level bedroom. Upstairs, 3 more bedrooms, one of which is accessible through another bedroom, so a wonderful private bedroom space. The yard boasts a large deck and mature shade trees. Don't miss the large workshop in the carport! Rare opportunity to buy in Glenmere & make your own changes at a fantastic price! Ask for Feature Sheet.

Last Agent to Sell the Property

Scott Farmer

Scott Farmer Properties, Inc. License #86372 Listed on: 06/22/2019

Co-Listed By

Meg Farmer

Scott Farmer Properties, Inc. License #114398

Last Buyer's Agent

Charlene Castro

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Circular Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Separate Outdoor Workshop
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 187011

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.95358
  • Ratio Close Price By Original Li: 0.95358
  • Ratio Current Price By Acre: 633333.33
  • Ratio Current Price By Sq Ft: 114.73
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 826
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Gas Range, Gas Oven
  • Fireplace Description: FAMILYRM, Great Room, Natural Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2486
  • Total Sq Ft: 3312

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Circular
  • Parking: Carport - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: 84x164x195x35x213
  • Lot Features: Cul-de-sac Lot, Trees, Wooded
  • Lot Size Area: 0.600
  • Parcel Number: 187011
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 362776.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Oct 18, 2019
Sold by
Kasmer Paul R and Kasmer Barbara A
Bought by
Raynes Jeffrey and Raynes Ashleigh
Seller's Agent
Scott Farmer
Scott Farmer Properties, Inc.
Buyer's Agent
Charlene Castro
COMPASS
List Price
$398,500
Sold Price
$380,000
Premium/Discount to List
-$18,500
-4.64%
Current Estimated Value
$741,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,764
Avg. Annual Appreciation
12.07%
Original Mortgage
$304,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1994
Bought by
Kasmer Paul R and Kasmer Barbara A
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
Raynes Jeffrey $380,000 None Available
Kasmer Paul R $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raynes Jeffrey $455,000
Closed Raynes Jeffrey T $299,500
Closed Raynes Jeffrey $304,000
Previous Owner Kasmer Paul R $80,000
Previous Owner Kasmer Paul R $175,529
Previous Owner Kasmer Paul R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $380,000 -4.6% $115 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $398,500 0.0% $120 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $398,500 0.0% $120 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $398,500 -- $120 / Sq Ft
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 $6,058 $574,800 $75,000 $499,800
2024 $6,058 $574,800 $75,000 $499,800
2023 $6,122 $574,800 $75,000 $499,800
2022 $4,693 $359,640 $68,000 $291,640
2021 $4,837 $359,640 $68,000 $291,640
2019 $5,026 $370,950 $68,000 $302,950
2018 $5,024 $362,776 $63,000 $299,776
2017 $4,879 $362,776 $63,000 $299,776
2016 $4,879 $362,776 $0 $0
2014 $5,159 $383,567 $80,000 $303,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3521233

Canopy MLS (Canopy Realtor® Association)

APN: 187011