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5120 Watermead Lane

5120 Watermead Lane, Belmont, NC 28012
Land in Gaston
Local assessors in Belmont, NC have categorized 5120 Watermead Lane as a vacant type of property. The property's lot size has been calculated to be 28,750 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Sep 28, 2021 for $59,900. Prior to that sales transaction, the property was also sold in Jun 27, 2005 for $135,000. 5120 Watermead Lane was last assessed in 2023. The total value of the property was assessed at $76,000. Specifically, the land the property is located on was valued at $76,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $899. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200804 Unit 135
08/04/2020
135
Loft
-
-
$59,900
bedrooms
Loft
bathrooms
-
-
-
-
Jeff Moll
Keller Williams Ballantyne Area

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: REFLECTION POINTE SUBDIVISION PHASE I
  • Land Acres: 0.66
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: REFLECTION POINTE L 135 15 107 016 00 000

Ownership

  • Current Owner : BAH MOHAMED
  • Previous Owner : SOSINSKI JACK D
  • Previous Owner 2: SOSINSKI DAWN M
  • Owner Before Previous Owner: BOBENAGE BRIAN L
  • Owner Before Previous Owner 2: BOBENAGE ROSE MARIE

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032406

Geography

  • Assessors Map Reference: MP 67 PG 65
  • District: BELMONT CITY
  • Parcel: 203903
  • Municipality: BELMONT CITY
  • Latitude: 35.1539
  • Longitude: -81.0235

    Address

  • Full Address: 5120 Watermead Ln
  • Address - House Number: 5120
  • Address - Street Name: Watermead
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Belmont
  • Carrier Code: R002
  • 4-Digit Zip Code: 6750
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,920
  • First Open Lien Mortgage Lender: FIRST FEDERAL SAVINGS BANK OF
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $47,920
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2026

    Market Valuation

  • Market Total Value: $40,000
  • Market Land Value: $40,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $76,000

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11864571866
  • Current Sale Price: $59,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL SAVINGS BANK OF
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $47,920
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Sep 28, 2026

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BANK NA
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Loan Amount: $122,715
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2008

About Belmont



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Frequently Asked Questions

What neighborhood is 5120 Watermead Lane located in?
The 5120 Watermead Lane is a land located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 5120 Watermead Lane?
The average sales price for units in 5120 Watermead Lane is $0 currently.

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