NOT LISTED FOR SALE

5006 Marci Ln Belmont, NC 28012

Estimated Value: $492,000 - $627,000

3 Beds
3.5 Baths
2,585 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $410,415 $159 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,177/month

1 Day on Market

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Cramerton Middle School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2022

This home is in the lovely, wooded Forest Cove subdivision which is a desired lakeside community in Belmont. This is an estate property and would be perfect for renovation. Master suite is on the main level, with two bedrooms and loft upstairs along with their full bath. The home is situated on a large 6/10 acre lot, wooded and private. Water is served by community well and sewer is septic. Total of three bedrooms and 2.5 baths. The spacious great room features a two story fireplace and a vaulted ceiling. Plenty of storage in the home.

Last Agent to Sell the Property

John R. Bolin

Allen Tate Gastonia License #100462 Listed on: 08/04/2022

Allen Tate Gastonia

Co-Listed By

Jake Bolin

Allen Tate Gastonia License #334324

Last Buyer's Agent

Lauren Rocco

EXP Realty LLC Mooresville License #273916

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1987

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as R1H

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Community Details

  • Property Matters Association, Phone Number (704) 861-0833
  • Forest Cove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 193601

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1987
  • Ratio Current Price By Acre: 684025.00
  • Restrictions: Subdivision
  • Doors and Windows: Insulated Windows,Storm Door(s)
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 158.77
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Parquet, Wood
  • Interior Amenities: Attic Other, Built Ins, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Whirlpool
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1777
  • 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: 808
  • Porch: Back,Covered,Deck,Front
  • Appliances: Dishwasher, Electric Oven, Electric Range, Exhaust Hood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 2585
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Gaston
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 576
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Property Matters
  • Phone: 704-861-0833
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 500.00

Lot Info

  • Lot Features: Level, Paved, Wooded
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Parcel Number: 193601
  • Lot Size: .60
  • Zoning Description: R1H
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.58900

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 31, 2022
Sold by
Thomas Shirley Troy
Bought by
Frazier Matthew Joseph
Seller's Agent
John R. Bolin
Allen Tate Gastonia
Buyer's Agent
Lauren Rocco
EXP Realty LLC Mooresville
List Price
$400,000
Sold Price
$410,415
Premium/Discount to List
$10,415
2.6%
Current Estimated Value
$541,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,581
Avg. Annual Appreciation
8.00%
Original Mortgage
$328,332
Outstanding Balance
$316,474
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$202,088

Purchase Details

Closed on
Aug 1, 1987
Bought by
Shirley Troy Thomas
Source: Public Records

Range of Values:

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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
Frazier Matthew Joseph $410,500 Investors Title
Shirley Troy Thomas $179,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Matthew Joseph $328,332
Previous Owner Shirley Troy T $110,000
Previous Owner Shirley Troy T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $410,415 +2.6% $159 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $400,000 -- $155 / 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 $2,967 $415,500 $48,000 $367,500
2024 $2,967 $415,500 $48,000 $367,500
2023 $2,888 $415,500 $48,000 $367,500
2022 $2,316 $251,730 $48,000 $203,730
2021 $1,819 $251,730 $48,000 $203,730
2019 $1,811 $251,730 $48,000 $203,730
2018 $2,063 $271,758 $40,000 $231,758
2017 $2,063 $271,758 $40,000 $231,758
2016 $2,086 $271,758 $0 $0
2014 $2,416 $258,623 $50,000 $208,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3891372

Canopy MLS (Canopy Realtor® Association)

APN: 193601