NOT LISTED FOR SALE

413 Ferrell Ave Belmont, NC 28012

Belmont Area

Estimated Value: $235,000 - $252,000

2 Beds
1 Bath
790 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2023

Last sale price $230,000 $291 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,503 / mo

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Kitchen Island
  • Belmont Central Elementary School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of March 2023

Adorable bungalow in the heart of Belmont, NC within walking distance to downtown. Perfect for a first-time home buyer, someone looking to down-size, or an investor looking to add to their portfolio. This two bedroom, 1 bath home has had multiple recent renovations. New roof 2019, HVAC replaced in 2022, new water heater installed in 2020, updated electrical, new deck, and fence installed in the las few years. This property was a successful Airbnb for the better part of 2022. Most of the furnishings can convey if buyer is interested to include refrigerator, washer, and dryer, etc... There is a tenant in place with a lease through January 2024 that will have to be honored by the new owner.

Last Agent to Sell the Property

Chad Simpson

Real Broker LLC Belmont License #105946 Listed on: 01/24/2023

Real Broker LLC Belmont

Last Buyer's Agent

Sheryl Bayko

Fortner Bayko And Company License #123948

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced
  • Property is zoned G-R, GR

Home Design

  • Asbestos

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Legion Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 125663

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 291.14
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Other, Cable Prewire, Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 790
  • 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
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 790
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 790
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Asbestos

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 125663
  • Zoning: GR
  • Plat Book Slide: 7/011
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969
  • ResoLotSizeUnits: Acres
  • Zoning Specification: G-R

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 13, 2023
Sold by
Bought by
Seller's Agent
Chad Simpson
Real Broker LLC Belmont
Buyer's Agent
Sheryl Bayko
Fortner Bayko And Company
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
67
Current Estimated Value
$244,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,496
Avg. Annual Appreciation
1.82%
Original Mortgage
$184,000
Interest Rate
0.0613%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 9, 2023
Sold by
Bought by
Seller's Agent
Chad Simpson
Real Broker LLC Belmont
Buyer's Agent
Sheryl Bayko
Fortner Bayko And Company
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
0.0613%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 18, 2020
Sold by
Bought by
Seller's Agent
Angela Jonas
Toni Whiteside Real Estate LLC
Buyer's Agent
Chad Simpson
Real Broker LLC Belmont
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.46%
Original Mortgage
$124,000
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2019
Closed on
Mar 6, 2020
Sold by
Bought by
Seller's Agent
Chad Simpson
Real Broker LLC Belmont
Buyer's Agent
Angela Jonas
Toni Whiteside Real Estate LLC
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$141,000
Interest Rate
0.0437%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
0.0362%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,222
Interest Rate
0.0581%
Mortgage Type
Unknown
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$230,000 --
$155,000 Ntc
$140,000 None Available
$115,000 None Available
$52,000 None Available
$47,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $184,000
Previous Owner $124,000
Previous Owner $141,000
Previous Owner $112,917
Previous Owner $48,000
Previous Owner $41,222
Previous Owner $46,703
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $230,000 -8.0% $291 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $249,900 +61.2% $316 / Sq Ft
12/18/2020 12/18/20 Sold $155,000 0.0% $182 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $155,000 +10.7% $182 / Sq Ft
03/06/2020 03/06/20 Sold $140,000 +0.1% $165 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $139,900 -1.8% $165 / Sq Ft
12/29/2019 12/29/19 Price Changed $142,400 -5.0% $168 / Sq Ft
12/22/2019 12/22/19 For Sale $149,900 0.0% $176 / Sq Ft
07/09/2013 07/09/13 Rented $695 0.0% --
07/09/2013 07/09/13 For Rent $695 0.0% --
02/12/2013 02/12/13 Rented $695 0.0% --
01/13/2013 01/13/13 Under Contract -- -- --
12/12/2012 12/12/12 For Rent $695 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,040 $193,510 $33,000 $160,510
2024 $2,040 $193,510 $33,000 $160,510
2023 $2,061 $193,510 $33,000 $160,510
2022 $1,502 $115,120 $30,000 $85,120
2021 $1,548 $115,120 $30,000 $85,120
2020 $1,534 $114,080 $30,000 $84,080
2019 $1,546 $114,080 $30,000 $84,080
2018 $957 $69,125 $24,000 $45,125
2017 $930 $69,125 $24,000 $45,125
2016 $930 $69,125 $0 $0
2014 $837 $62,209 $22,500 $39,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3937415

Canopy MLS

APN: 125663

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