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5109 Watercrest Trail

5109 Watercrest Trail, Belmont, NC 28012
Property in Gaston
Sold Sep 17, 2019
$440,500
$351,925 by Cornerstone Home Lending Inc
Mortgage Due Oct 01, 2049
Sold Mar 26, 2019
$447,500
5109 Watercrest Trail has been categorized by the local assessors in Belmont, NC as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5109 Watercrest Trail has 2,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,197 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5109 Watercrest Trail was last sold in Sep 17, 2019 for $440,500. According to our calculations, that's $151.90 per sqft. Prior to that sales transaction, the property was sold for $447,500 in Mar 26, 2019. Current property owners are expected to pay $5,273 in taxes per year. The property on 5109 Watercrest Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $495,070. To break that down further, the land itself was valued at $82,000. While improvements to the property were assessed at a total of $413,070. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,900
  • Building Area: 2,900
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FINAL PLAT OF OVERLAKE PHASE 1 MAP 3
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: OVERLAKE LOT 70 PLAT BOOK 093 PAGE 048

Ownership

  • Current Owner : TONEY COURTNEY LAUREN
  • Current Owner 2: TONEY MATTHEW D
  • Previous Owner : SHEA INVESTMENTS FUND 4 LLC
  • Owner Before Previous Owner: NW LAKE WYLIE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032510

Geography

  • Assessors Map Reference: MP 93 PG 48
  • District: BELMONT CITY
  • Parcel: 300610
  • Lot: 70
  • Municipality: BELMONT CITY
  • Latitude: 35.1648
  • Longitude: -81.0467

    Address

  • Full Address: 5109 Watercrest Trl
  • Address - House Number: 5109
  • Address - Street Name: Watercrest
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Belmont
  • Carrier Code: R007
  • 4-Digit Zip Code: 9001
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,273

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 594,010
  • High Value: 735,910
  • Low Value: 452,110

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $423,925
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Sep 17, 2019
  • First Open Lien Mortgage Loan Amount: $351,925
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 17, 2022
  • Second Open Lien Mortgage Loan Amount: $72,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $380,620
  • Market Land Value: $60,000
  • Market Improvement Value: $320,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,070
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $413,070

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Transaction ID: 11661684200
  • Current Sale Price: $440,500
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Mar 26, 2019
  • Previous Sale Contract Date: Mar 26, 2019
  • Previous Sale Amount: $447,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Sep 17, 2019
  • First Mortgage Loan Amount: $351,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Gaston



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Frequently Asked Questions

What neighborhood is 5109 Watercrest Trail located in?
The 5109 Watercrest Trail is a located in the neighborhood of Gaston in Gaston, Belmont.
What is the average sales price for listings in 5109 Watercrest Trail?
The average sales price for units in 5109 Watercrest Trail is $0 currently.

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