NOT LISTED FOR SALE

511 Paradise Cir Unit 2 Belmont, NC 28012

Estimated Value: $749,000 - $1,062,399

2 Beds
4.5 Baths
4,900 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $652,500 $133 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,187/month

41 Days on Market

Highlights

  • Waterfront
  • A-Frame Home
  • Wood Flooring
  • New Hope Elementary School Rated 10
  • Deck
  • Skylights

About This Home

As of June 2022

Highest and Best Required by 4:00 pm on 5/9/22. LOCATION, LOCATION, LOCATION !!! Lake Wyle WATERFRONT home with a DOCK and incredible views in highly sought after Paradise Point! Granite in the kitchen, multiple decks and a HUGE Master suite with views. Hardwoods galore and lots of footage multitude of possibilities. AMAZING waterfront view..
Priced competitively. Septic sized for 2 Bedrooms. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Please read Agent Remarks before submitting offer & communicate through EMAIL. Required Seller addendum in media.

Last Agent to Sell the Property

Steve Young

Advantage Realty & Management Co. License #200854 Listed on: 05/05/2022

Last Buyer's Agent

Mike Siano

EXP Realty LLC License #327496

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 86' x 129' x 65' x 31' x 121 '
  • Waterfront
  • Zoning described as R2

Home Design

  • A-Frame Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Propane Fireplace
  • Great Room with Fireplace
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Community Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Paradise Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 191895

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,292

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1979
  • Ratio Current Price By Acre: 2416666.67
  • Restrictions: No Representation
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Concrete, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Kitchen Island, Skylight(s), Split Bedroom, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2100
  • 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: 1350
  • Porch: Deck,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Electric Dryer Hookup, Propane Cooktop, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1450
  • Fireplace Features: Den, Great Room, Propane
  • Living Area: 4900
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Gaston
  • Construction Type: Site Built
  • Water Body Name: Lake Wylie
  • Waterfront Features: Dock
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Back Load Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Laundry Room
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Lot Features: Lake On Property, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 191895
  • Lot Size: 86' x 129' x 65' x 31' x 121 '
  • Zoning Description: R2

Tax Info

  • RATIO List Price By Tax Amount: 0.95661

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Siano Michael and Siano Lisa
Bought by
Mcewen Arouna and Mcewen Charles
Current Estimated Value
$889,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Outstanding Balance
$1,007,487
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$118,387

Purchase Details

Closed on
Mar 3, 2025
Sold by
Chalet On Lake Wylie Llc
Bought by
Mcewen Arouna Sihapanya and Mcewen Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Outstanding Balance
$1,007,487
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$118,387

Purchase Details

Closed on
Mar 31, 2023
Sold by
Mcewen Arouna Sihapanya and Mcewen Charlie
Bought by
Chalet On Lake Wylie

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 14, 2022
Sold by
Lb-Igloo Series Iv Trust
Bought by
Mcewen Arouna Sihapanya and Mcewen Charlie
Seller's Agent
Steve Young
Advantage Realty & Management Co.
Buyer's Agent
Mike Siano
EXP Realty LLC
List Price
$559,950
Sold Price
$652,500
Premium/Discount to List
$92,550
16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$554,625
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2021
Sold by
Gifm Holdings Trust
Bought by
Lb-Igloo Series Iv Trust

Purchase Details

Closed on
Aug 25, 2021
Sold by
Leake Robert
Bought by
U S Bank Trust National Association and Gifm Holdings Trust

Purchase Details

Closed on
Jul 20, 2007
Sold by
Wedgeworth Cheryl Ann
Bought by
Leake Robert Kimball

Purchase Details

Closed on
Apr 21, 2006
Sold by
Federal National Mortgage Association
Bought by
Leake Robert K and Wedgeworth Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,719
Interest Rate
8.75%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 8, 2005
Sold by
Miles Mary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2004
Sold by
Baumgarner Ruel P
Bought by
Miles Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Mcewen Arouna $250,000 None Listed On Document
Mcewen Arouna $250,000 None Listed On Document
Mcewen Arouna Sihapanya -- None Listed On Document
Mcewen Arouna Sihapanya -- None Listed On Document
Chalet On Lake Wylie -- None Listed On Document
Mcewen Arouna Sihapanya $652,500 Bc Law Firm Pa
Lb-Igloo Series Iv Trust -- Logs Legal Group Llp
U S Bank Trust National Association $583,000 None Available
Leake Robert Kimball -- None Available
Leake Robert K -- None Available
Federal National Mortgage Association $281,460 --
Miles Mary $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcewen Arouna Sihapanya $1,012,500
Previous Owner Mcewen Arouna Sihapanya $554,625
Previous Owner Leake Robert K $363,719
Previous Owner Miles Mary $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $652,500 +16.5% $133 / Sq Ft
05/05/2022 05/05/22 For Sale $559,950 -- $114 / 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 $6,292 $881,190 $160,290 $720,900
2024 $6,292 $881,190 $160,290 $720,900
2023 $6,124 $911,720 $160,290 $751,430
2022 $5,385 $585,350 $133,580 $451,770
2021 $5,426 $585,350 $133,580 $451,770
2020 $5,350 $585,350 $133,580 $451,770
2019 $5,409 $585,350 $133,580 $451,770
2018 $3,734 $384,980 $133,575 $251,405
2017 $3,688 $384,980 $133,575 $251,405
2016 $3,688 $384,980 $0 $0
2014 $4,163 $438,162 $185,400 $252,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3851320

Canopy MLS (Canopy Realtor® Association)

APN: 191895