NOT LISTED FOR SALE

405 Ridgeway Dr Belmont, NC 28012

Estimated Value: $377,000 - $479,000

3 Beds
2 Baths
1,752 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $375,000 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,541/month

16 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Rear Porch
  • Belmont Central Elementary School Rated A-
  • Fireplace
  • Home Security System

About This Home

As of April 2024

Experience the ideal combination of comfort and convenience in this updated 3-bedroom, 2-full bathroom ranch home located in the desirable Lakewood community. Tailored for practical living, the home boasts ample space for indoor entertaining or extending to the outdoors in the spacious back patio and fenced backyard. Home features ample closet storage inside, along with additional exterior storage shed space. Enjoy the extended sitting area in the primary bedroom which could also be used as an office or bonus space. The home also provides a driveway with parking for four and is located on a corner lot in a cul-de-sac. Take advantage of the proximity to nearby shops, and restaurants. Don't miss the opportunity to make this Lakewood gem your own!

Last Agent to Sell the Property

Rebecca Cullen

Keller Williams Connected Brokerage Email: RebeccaCullen@kw.com License #94368 Listed on: 03/13/2024

Keller Williams Connected

Co-Listed By

Heather Yaple

Premier South Brokerage Email: RebeccaCullen@kw.com License #101512

Last Buyer's Agent

Scott Sofsian

Premier Sotheby's International Realty License #279298

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1978

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • Fireplace
  • Home Security System

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Shed
  • Rear Porch

Schools

  • Belmont Central Elementary School
  • Belmont Middle School
  • Stuart W Cramer High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 195170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,715

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1978
  • Restrictions: No Representation
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 214.04
  • Geocode Confidence: High
  • Attribution Contact: RebeccaCullen@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1752
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Above Grade Finished Sq Ft: 1752
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Living Area: 1752
  • Bedroom Main: 3
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Exclusions: See property checklist
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Belmont
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 195170
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Belmont Central
  • High School: Stuart W Cramer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 24, 2024
Sold by
Hoole Gregory and Hoole Shawna
Bought by
Burgess Michael and Gibson Kara
Seller's Agent
Rebecca Cullen
Keller Williams Connected
Buyer's Agent
Scott Sofsian
Premier Sotheby's International Realty
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
228
Current Estimated Value
$409,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,466
Avg. Annual Appreciation
1.59%
Original Mortgage
$201,250
Outstanding Balance
$198,541
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$184,418

Purchase Details

Listed on
Aug 17, 2023
Closed on
Oct 4, 2023
Sold by
Darby Theresa Jean and Darby Brandon
Bought by
Hoole Gregory
Seller's Agent
Katy Moss
Moss Realty
Buyer's Agent
Heather Yaple
Premier South
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.30%
Original Mortgage
$361,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 3, 2019
Sold by
Thompson Keith Chandler and Thompson Catherine
Bought by
Howell Theresa Jean
Seller's Agent
Verlene Wright
Coldwell Banker Carver-Pressley, Realtors
Buyer's Agent
Katy Moss
Moss Realty
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$209,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1998
Sold by
Williams Tina L
Bought by
Williams James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,001
Interest Rate
6.96%
Mortgage Type
Unknown
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
Burgess Michael $375,000 Tryon Title
Hoole Gregory $380,000 None Listed On Document
Howell Theresa Jean $220,000 None Available
Williams James E $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Michael $201,250
Previous Owner Hoole Gregory $361,000
Previous Owner Howell Theresa Jean $200,000
Previous Owner Howell Theresa Jean $211,000
Previous Owner Howell Theresa Jean $209,000
Previous Owner Williams James Ewell $60,000
Previous Owner Williams James E $65,885
Previous Owner Williams James E $12,000
Previous Owner Williams James E $81,001
Previous Owner Williams James E $20,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $375,000 -1.3% $214 / Sq Ft
03/26/2024 03/26/24 Price Changed $380,000 -1.9% $217 / Sq Ft
03/24/2024 03/24/24 Price Changed $387,500 -0.6% $221 / Sq Ft
03/13/2024 03/13/24 For Sale $390,000 +2.6% $223 / Sq Ft
10/05/2023 10/05/23 Sold $380,000 -1.3% $219 / Sq Ft
08/17/2023 08/17/23 For Sale $385,000 +75.0% $222 / Sq Ft
04/04/2019 04/04/19 Sold $220,000 -4.3% $133 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $229,900 -- $139 / 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 $3,715 $361,060 $38,000 $323,060
2024 $3,043 $361,060 $38,000 $323,060
2023 $3,105 $294,310 $38,000 $256,310
2022 $2,104 $163,760 $31,000 $132,760
2021 $2,137 $163,760 $31,000 $132,760
2019 $2,153 $163,760 $31,000 $132,760
2018 $2,000 $148,670 $28,800 $119,870
2017 $2,000 $148,670 $28,800 $119,870
2016 $2,000 $148,670 $0 $0
2014 $1,914 $142,290 $30,000 $112,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4117462

Canopy MLS (Canopy Realtor® Association)

APN: 195170