NOT LISTED FOR SALE

5048 Marci Ln Belmont, NC 28012

Estimated Value: $571,341 - $698,000

3 Beds
2.5 Baths
2,604 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $400,000 $154 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,599/month

32 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Engineered Wood Flooring
  • Cramerton Middle School Rated A-
  • Transitional Architecture
  • Cathedral Ceiling

About This Home

As of July 2020

Nestled snuggly on a private, wooded lot in the desirable, Lake Wylie neighborhood of Forest Cove, this home provides an oasis from the rigors of the day! "Welcome!" is the resounding vibe of this home, felt right away as your guests are invited to sit a spell on the front OR the back deck! With a Frank Lloyd Wright influence, this mid-century, modern style, JEWEL is as COOL as they come, with the modern amenities of a remodeled kitchen and bathrooms, fresh paint, and updated fixtures, gleaming hardwoods and tile, and a new epoxy garage floor finish! With ample skylights, this home provides a cheerful abundance of natural light. Extensively remodeled in 2012! The garage door and keyless entry are only 5 years old, AOSmith water heater is 4 yrs old, Lennox heat pumps are 3 yrs old and GAF roof is 2 years old. Meander down to the neighborhood boat launch and community picnic area with dedicated boat slips (waitlist available). This home, quite simply, will not disappoint!

Last Agent to Sell the Property

Megan Triplett

Allen Tate Gastonia License #210611 Listed on: 05/18/2020

Allen Tate Gastonia

Last Buyer's Agent

Dina Gross

Linq Realty LLC License #289675

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 193608

Community Details

Overview

  • Forest Cove HOA
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.95352
  • Ratio Close Price By Original Li: 0.94118
  • Ratio Current Price By Acre: 645161.29
  • Ratio Current Price By Sq Ft: 153.61
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 953
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Living Room, Wood Burning
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cathedral Ceiling(s), Garden Tub, Pantry, Skylight(s), Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1651
  • Total Sq Ft: 2604

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 3

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Picnic Area, Recreation Area, Street Lights
  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Forest Cove HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: New Hope
  • Middle School: Cramerton
  • High School: South Point (NC)

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 0.620
  • Parcel Number: 193608
  • Plat Book Slide: 041/062
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 254950.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 27, 2020
Sold by
Little Ricky V and Little Sheri W
Bought by
Pangrazio Brandon M and Pangrazio Hannah L
Seller's Agent
Megan Triplett
Allen Tate Gastonia
Buyer's Agent
Dina Gross
Linq Realty LLC
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$619,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,835
Avg. Annual Appreciation
8.74%
Original Mortgage
$380,000
Outstanding Balance
$344,184
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$271,109

Purchase Details

Closed on
Sep 9, 1994
Bought by
Little Ricky and Little Sheri W
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
Pangrazio Brandon M $400,000 None Available
Little Ricky $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pangrazio Brandon M $380,000
Previous Owner Little Ricky $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $400,000 -4.6% $154 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $419,500 -1.3% $161 / Sq Ft
05/18/2020 05/18/20 For Sale $425,000 -- $163 / 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 $3,212 $449,830 $48,000 $401,830
2024 $3,212 $449,830 $48,000 $401,830
2023 $3,126 $449,830 $48,000 $401,830
2022 $2,636 $286,500 $48,000 $238,500
2021 $2,521 $286,500 $48,000 $238,500
2019 $2,233 $254,950 $48,000 $206,950
2018 $2,526 $277,576 $40,000 $237,576
2017 $2,526 $277,576 $40,000 $237,576
2016 $2,554 $277,576 $0 $0
2014 $2,399 $256,835 $50,000 $206,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3619659

Canopy MLS (Canopy Realtor® Association)

APN: 193608