See Home Value
Belmont 28012
314 Central Avenue
$460,104*
House - Off Market

314 Central Avenue

Belmont, NC 28012
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2324 Sqft
$270,000 - $328,000
Reference Base Price*
53.42%
Since Aug 1, 2020
NC-Charlotte
Primary Model
Sold Oct 02, 2020
$250,000
$223,000 by Southern Trust Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Jan 10, 1996
$30,000

About This Property

Stately home on corner lot on Central Avenue at Gaston Avenue.  This home has been loved and lived in for many years and needs updating.  Large rooms and originally had 4 fireplaces, 2 have been sealed off, 1 fireplace in main living room and one in upstairs bedroom. Hardwood floors under carpets upstairs and downstairs except for bathrooms, kitchen and 1 bedroom.  Basement is mainly for furnace with some storage area. 2 car carport attached and a wired detached block shop building.  Lovely and Convenient home site.  Per City of Belmont Zoning, this lot is zoned GR (general residential) and could also have the option of a duplex with onsite parking for 4 cars.  Driveway must be from Gaston Avenue. for reference you may search at cityofbelmont.org land development code, chapter 5, section 5.4 of page 5-7.  This home is being sold "AS IS".

The manager has listed the unit size as 2324 square feet.
Unit Size
2,324Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$129
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold to David Brooke Mcginnis, Forr... $250,000
Sold to David Brooke Mcginnis, Forr...
Jul 29, 2020 No longer available -
No longer available
Jul 25, 2020 Relisted $299,900
Relisted
Jul 24, 2020 No longer available -
No longer available
Feb 20, 2020 Listed $299,900
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,325
  • Building Area: 2,325
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Oil
  • Heated Square Feet: 2,325
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 04 015 009 00 000

Ownership

  • Current Owner : MCGINNIS FORREST REID
  • Current Owner 2: MCGINNIS DAVID BROOKE
  • Previous Owner : JOHNSON DONDI ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032403

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 4 MAP 15
  • District: BELMONT CITY
  • Parcel: 126867
  • Municipality: BELMONT CITY
  • Latitude: 35.2336
  • Longitude: -81.0404

    Address

  • Full Address: 314 S Central Ave
  • Address - House Number: 314
  • Street Direction: S
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Belmont
  • Carrier Code: C005
  • 4-Digit Zip Code: 4024
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,516

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 68
  • Final Value: 411,988
  • High Value: 505,645
  • Low Value: 318,330

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $291,500
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Loan Amount: $223,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: BELMONT SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Jun 07, 2023
  • Second Open Lien Mortgage Loan Amount: $68,500
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 24, 2043

    Market Valuation

  • Market Total Value: $242,860
  • Market Land Value: $40,000
  • Market Improvement Value: $202,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,060
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $374,060

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11794350317
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 10, 1996
  • Previous Sale Contract Date: Jan 10, 1996
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $223,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
878 ft²
$313/ft²
$275,000 Jul 1, 2023
-
-
Condo
2 Beds
2 Baths
1,301 ft²
$269/ft²
$349,800 May 26, 2023
-
$200/mo

About Belmont


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Frequently Asked Questions

When was property at 314 South Central Avenue built and last sold?
The property at 314 South Central Avenue was built in 1938 and last sold on Oct 2, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 314 South Central Avenue is $318,226.
What are some comparable homes to 314 South Central Avenue?
There are currently no comparable homes to 314 South Central Avenue.

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