NOT LISTED FOR SALE

409 Ferrell Ave Belmont, NC 28012

Estimated Value: $255,709 - $314,000

2 Beds
1 Bath
831 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $255,000 $307 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,633/month

10 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Bar Fridge
  • Belmont Central Elementary School Rated A-
  • Covered Patio or Porch
  • Community Playground

About This Home

As of August 2022

The home you have been waiting for is now on the market! This Cottage-style 2-bedroom, full bathroom home is nestled within Belmont’s historic and charming Downtown Area. This home features hardwood floors, spacious bedrooms and provides a cozy feel throughout. The home comes packed with many upgraded features including kitchen cabinets, backsplash, and countertops, and ceiling fans. All the stainless-steel appliances will remain with the home including: the refrigerator, washer, and dryer. Go from a cozy night in to entertaining outdoors! This home also features a lovely 10 x 10 patio and front porch with an adorable wood swing. See for yourself!

Last Agent to Sell the Property

Kayla Witherspoon

Property Maven Inc License #294978 Listed on: 06/29/2022

Last Buyer's Agent

Ivory Craig

Premier South License #313447

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 50x146
  • Level Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 831 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Kitchen Appliances
  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Belmont Central Elementary School
  • Belmont Middle School
  • South Point High School

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 125683

Community Details

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1942
  • Ratio Current Price By Acre: 1593750.00
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 306.86
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 831
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Hood, Plumbed For Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Two or More Access Exits, Accessible Kitchen Appliances
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 831
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Gaston
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Street Lights, Other
  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 125683
  • Plat Book Slide: 7/11
  • Lot Size: 50x146
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 1.91087

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 8, 2022
Sold by
Herbin and Christina
Bought by
Pt Real Estate Llc
Seller's Agent
Kayla Witherspoon
Property Maven Inc
Buyer's Agent
Ivory Craig
Premier South
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Current Estimated Value
$277,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,677
Avg. Annual Appreciation
2.39%
Original Mortgage
$178,500
Outstanding Balance
$171,053
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$106,624

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 21, 2018
Sold by
Everakes Realty Inc
Bought by
Herbin Ryan and Herbin Christina
Seller's Agent
Jason Everakes
NorthGroup Real Estate LLC
Buyer's Agent
Robyn Jefferson
Fathom Realty NC LLC
List Price
$148,900
Sold Price
$138,000
Premium/Discount to List
-$10,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%
Original Mortgage
$138,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1997
Bought by
Poteat Tamara L and Rowell Teresa F
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

Date Buyer Sale Price Title Company
Pt Real Estate Llc $255,000 Fidelity National Title
Herbin Ryan $138,000 Executive Title Llc
Poteat Tamara L $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pt Real Estate Llc $178,500
Previous Owner Herbin Ryan $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2022 08/08/22 Sold $255,000 -3.8% $307 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $265,000 +92.0% $319 / Sq Ft
12/21/2018 12/21/18 Sold $138,000 0.0% $177 / Sq Ft View Prior Sale
11/14/2018 11/14/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $138,000 -4.8% $177 / Sq Ft
10/01/2018 10/01/18 Price Changed $144,900 -2.7% $186 / Sq Ft
09/20/2018 09/20/18 For Sale $148,900 +25.2% $191 / Sq Ft
06/05/2018 06/05/18 Sold $118,900 -- $152 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,261 $214,560 $33,000 $181,560
2024 $2,261 $214,560 $33,000 $181,560
2023 $2,285 $214,560 $33,000 $181,560
2022 $1,810 $138,680 $30,000 $108,680
2021 $1,865 $138,680 $30,000 $108,680
2019 $1,868 $137,850 $30,000 $107,850
2018 $980 $70,766 $24,000 $46,766
2017 $952 $70,766 $24,000 $46,766
2016 $952 $70,766 $0 $0
2014 $745 $55,376 $16,500 $38,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878473

Canopy MLS (Canopy Realtor® Association)

APN: 125683

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