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507 Belton Street

507 Belton Street, Charlotte, NC 28209
Townhouse in Sedgefield
Sold Feb 27, 2019
$669,000
$400,700 by Newrez Llc
Mortgage Due Sep 01, 2050
Sold Mar 16, 2018
$1,150,000
507 Belton Street in Charlotte, NC was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 507 Belton Street has 2,856 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 27, 2019 for $669,000. That's $234.24 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2018 for $1,150,000. 507 Belton Street was last assessed in 2023. The total value of the property was assessed at $803,600. Specifically, the land the property is located on was valued at $240,000. While improvements on the property were assessed at a total of $563,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,107. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Venner Exterior
Cedar Siding

Driveway

Driveway

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,856
  • Gross Building Area: 2,856
  • Building Area: 2,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,856
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L17B B10 M61-483

Ownership

  • Current Owner : SHOMO GARY FRANCIS
  • Current Owner 2: SHOMO KATHRYN BROWN
  • Previous Owner : WEEKLEY HOMES LLC
  • Owner Before Previous Owner: BELTON STREET PARNTERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Living Trust

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003302

Geography

  • Assessors Map Reference: BK 147 PG 6
  • District: 1
  • Parcel: 147-065-22
  • Block: 10
  • Lot: 17
  • Municipality: CHARLOTTE
  • Latitude: 35.1947
  • Longitude: -80.8657

    Address

  • Full Address: 507 Belton St
  • Address - House Number: 507
  • Address - Street Name: Belton
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C023
  • 4-Digit Zip Code: 1834
  • Zip Code: 28209

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,107
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 955,255
  • High Value: 1,127,657
  • Low Value: 782,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,700
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $400,700
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $803,600
  • Market Land Value: $240,000
  • Market Improvement Value: $563,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,600
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $563,600

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Transaction ID: 11574497004
  • Current Sale Price: $669,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019021562
  • Previous Sale Recording Date: Mar 16, 2018
  • Previous Sale Contract Date: Mar 13, 2018
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Feb 27, 2019
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

About Sedgefield



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Frequently Asked Questions

What neighborhood is 507 Belton Street located in?
The 507 Belton Street is a townhouse located in the neighborhood of Sedgefield in Sedgefield, Charlotte.
What is the average sales price for listings in 507 Belton Street?
The average sales price for units in 507 Belton Street is $0 currently.

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