NOT LISTED FOR SALE

523 S Main St Unit 523 Belmont, NC 28012

Estimated Value: $343,404 - $373,000

2 Beds
2 Baths
1,301 Sq Ft
$200/mo HOA Fee

Last Sold February 16, 2024

Last sale price $315,000 $242 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,318/month

202 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Patio
  • Belmont Central Elementary School Rated A-
  • End Unit
  • 4-minute walk to Davis Park

About This Home

As of February 2024

LOCATION! LOCATION! LOCATION! Walkable to downtown, restaurants, shops, parks, tennis & pickle ball courts & Carolina Thread Trail. Book your appointment now for this one-of-a-kind condo featuring custom kitchen pantry & cabinets with 40-inch uppers, custom wall mounted cabinets in bathrooms, vaulted ceilings in bedrooms and living room, private patio, engineered wood flooring in living room, dining room and bedrooms, ceiling fans in bedrooms and sunroom, newer water heater (1/2020), new Heat/Air (8/2022) & more. Centrally heated and cooled sunroom is the perfect space to relax, entertain or use as an office. Definitely a must see!

Last Agent to Sell the Property

Max Morrison

Carolina Realty Solutions Brokerage Email: max.morrison@crsmail.com License #205481 Listed on: 05/26/2023

Last Buyer's Agent

Sue Amell

Costello Real Estate and Investments LLC License #329528

Costello Real Estate and Investments LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1995

Lot Details

  • 1,307

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Transitional Architecture
  • Garden Home
  • Entry on the 1st floor
  • Slab Foundation
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 126858

Community Details

Overview

  • Cornerstone HOA, Phone Number (704) 517-9528
  • Cornerstone Condos
  • Cornerstone Subdivision
  • Mandatory home owners association

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,987

Year Built

Built in 1995

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1995
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 242.12
  • Property Sub Type Additional: Garden
  • Geocode Confidence: Medium
  • Attribution Contact: max.morrison@crsmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Brick, Linoleum, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1301
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1301
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Living Area: 1301
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Synthetic Stucco
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Parking Space(s)
  • Assigned Spaces: 2

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cornerstone
  • Senior Community: No
  • Association Name: Cornerstone HOA
  • Phone: 704-517-9528
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2400.00

Schools

  • Middle Or Junior School: Belmont
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 126858
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jan 22, 2024
Sold by
Strohm Mack Scott and Strohm Janice Elaine
Bought by
Lucas Linda R
Seller's Agent
Max Morrison
Carolina Realty Solutions
Buyer's Agent
Sue Amell
Costello Real Estate and Investments LLC
List Price
$357,800
Sold Price
$315,000
Premium/Discount to List
-$42,800
-11.96%
Views
680
Current Estimated Value
$356,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,351
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 28, 2018
Sold by
Hargis Nancy Lynn and Hargis Rick
Bought by
Strohm Mack Scott and Strohm Janice Elaine
Seller's Agent
Cathy Young
Howard Hanna Allen Tate Gastonia
Buyer's Agent
Jenny Granson
Garibaldi Realty, LLC
List Price
$190,000
Sold Price
$186,500
Premium/Discount to List
-$3,500
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$149,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2000
Sold by
Riddle Tracy and Riddle Donnie M
Bought by
Cloninger Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.92%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Daphane Byers Dewey Eugene
Bought by
Smith Tracy Y and Cloninger Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.92%
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
Lucas Linda R $315,000 None Listed On Document
Strohm Mack Scott $186,500 None Available
Cloninger Linda H $20,000 --
Smith Tracy Y $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strohm Mack Scott $149,200
Previous Owner Cloninger Linda H $97,000
Previous Owner Smith Tracy Y $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $315,000 -9.9% $242 / Sq Ft
07/25/2023 07/25/23 Price Changed $349,800 -2.2% $269 / Sq Ft
05/26/2023 05/26/23 For Sale $357,800 +91.8% $275 / Sq Ft
03/28/2018 03/28/18 Sold $186,500 -1.8% $143 / Sq Ft View Prior Sale
02/10/2018 02/10/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $190,000 -- $146 / 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 $2,987 $283,390 $0 $283,390
2024 $2,987 $283,390 $0 $283,390
2023 $3,018 $283,390 $0 $283,390
2022 $2,371 $181,680 $0 $181,680
2021 $2,444 $181,680 $0 $181,680
2019 $2,462 $181,680 $0 $181,680
2018 $2,090 $150,908 $10,000 $140,908
2017 $2,030 $150,908 $10,000 $140,908
2016 $2,030 $150,908 $0 $0
2014 $1,749 $130,007 $7,500 $122,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4035092

Canopy MLS (Canopy Realtor® Association)

APN: 126858