NOT LISTED FOR SALE

Lot 3 Catawba Cove Unit 3 Belmont, NC 28012

Estimated Value: $450,000

10 Acres
$43,311 Price per Acre
452,588 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $479,000

Est. 6% decrease in value since last sale

Current estimated payment $2,708/month

75 Days on Market

About This Lot

As of June 2022

Located near the new drift restaurant on Lake Wylie, public boat ramps, McLean and the new Morning Star Marina where you can keep your boat in dry storage! Bring your horses on this just over 11 acre estate lot! Are you looking for a place to GET AWAY from it all? This gorgeous, wooded, level lot is the perfect place to build the forever home of your dreams. This homesite offer unlimited possibilities for outdoor living! Picture yourself having your morning coffee overlooking the peaceful views and enjoying the abundant wildlife, create your own private estate or horse farm, if entertaining is your passion, the possibilities are limitless. Surrounded by 10+ Acre homesites. Need in-law quarters? No problem, plenty of road frontage to have 2 entrances.
You'll love beautiful Belmont with a small-town feel, but oh-so convenient to uptown Charlotte, shopping, dining, and the airport.

Last Agent to Sell the Property

Drew Choate

Keller Williams Connected License #169894 Listed on: 04/08/2022

Keller Williams Connected

Last Buyer's Agent

Matthew Hanks

EXP Realty LLC Ballantyne License #91577

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,313

Lot Details

Schools

  • W.A. Bess Elementary School
  • Cramerton Middle School
  • Forestview High School

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 5
  • Septic Needed

Additional Features

  • Possible uses of the property include Horses, Private Estate, Residential
  • Crawl Space

Community Details

  • Catawba Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 306487

Property Details

Property Type

Land

Est. Annual Taxes

$2,313

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 43262.28
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: County Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Horses, Private Estate, Residential

Exterior Features

  • Tax Location: Gastonia

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 5
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Size Area: 11.072
  • Lot Size Units: Acres
  • Parcel Number: 306487
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 3.27362

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: W.a. Bess
  • High School: Forestview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Davison Daryl D and Davison Vicki R
Bought by
Davison Family Trust and Davison
Total Days on Market
75
Current Estimated Value
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,179,656
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$825,656
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davison Family Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davison Family Trust $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $479,000 0.0% --
04/28/2022 04/28/22 Price Changed $479,000 -12.7% --
04/08/2022 04/08/22 For Sale $548,800 -- --
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
2024 $2,313 $323,960 $294,960 $29,000
2023 $2,050 $294,960 $294,960 $0
2022 $1,346 $146,320 $146,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3847361

Canopy MLS (Canopy Realtor® Association)

APN: 306487