102 Merewood Road

102 Merewood Road

$977,736 (our value guesstimate)

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Belmont, NC 28012 ▪ (MLS # 4073346)

2-car garage ▪ Built: 1963 ▪ Primary on Main

4 bed ▪ 3 full & 1 half bath ▪ 4,667 Sq Ft

Sold for $1,015,000 on Dec 01, 2023

102 Merewood Road

$977,736 (our value guesstimate)

Belmont, NC 28012 ▪ (MLS # 4073346)

2-car garage ▪ Built: 1963 ▪ Primary on Main

4 bed ▪ 3 full & 1 half bath ▪ 4,667 Sq Ft

Sold for $1,015,000 on Dec 01, 2023

SOLD DEC 1, 2023

See all 41 photos

$1,015,000

(sales price)

4 bed ▪ 3 full & 1 half bath ▪ 4,667 Sq Ft

102 Merewood Road

Belmont, NC 28012 (MLS # 4073346)

.89 acres ▪ Built: 1963 ▪ Primary Bedroom on Main

Subdivision: Glenmere

Belmont, NC / 28012

Our Value Guesstimate (from Computer Algorithm): $977,736

Our computer algorithm has estimated that this home would be likely to sell in a range between $831,076 and $1,124,396.

Sale Details

Sales Price: $1,015,000
Closed: Dec 1, 2023 (442 days ago)
List Price: $1,000,000

Sold for: 101% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $217

Remarks - 102 Merewood Road

(from previous listing) Welcome home to this majestic custom-built home on a large corner lot in the prestigious Glenmere neighborhood. Located walking distance to historic downtown Belmont w shopping, dining, parks & more! Beautifully renovated home maintained all the charm of an older home, but now offers the updates that make it perfect for today! Hardwood floors, raised hearth fireplace & open concept make the great room & kitchen a perfect gathering spot. You'll find custom cabinets, stainless steel appliances, ...
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General Info - MLS # 4073346

Master / Primary Bedroom: Main floor
2-car Garage: Attached
Year Built: 1963
Property Type: Single Family Home
Listing Status: Sold
Location: Belmont / Gaston County
Lot Size: .89 acres

Area Schools

/10

Belmont Central Elementary School
Distance: 0.2 mi

/10

Belmont Middle School
Distance: 0.6 mi

/10

South Point High School
Distance: 1.3 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.

Neighborhood Info

Subdivision: Glenmere
Community Features: Outdoor Pool

Listing History

12/01/2023: MLS Sold for $1,015,000 (Canopy MLS)
Cumulative Days on Market: 3
More details

County Tax Data

2022 County Tax Assessment: $457,690
Next Gaston County Tax Assessment: 2023
2022 Property Taxes: $5,973

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More Home Details

Map / Satellite View

Neighborhood Summary (single family)
Glenmere

Sales in:

Median $ / Sq Ft (single family)
Glenmere

28012 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

#52

most competitive out of 65 ZIP Codes

In our ZIP Code Analysis (updated daily), we found that 28012 is the 52nd most competitive area for buyers out of 65 ZIP codes analyzed in the Charlotte metro area.

In the 28012 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

40
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 40 cumulative days on market in the 28012 area. Compare this with the Charlotte metro area median of 33 days on market.

13%
Of Recently Sold Homes
Over Asking Price

13% of previously owned 28012-area homes sold over the asking price (versus 16% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28012.

33%
of Available Homes
Are Under Contract

33% of previously owned 28012-area homes are under contract – compared with 37% of all homes in the Charlotte metro area.

28012 Median Home Prices

$455k		Median Single Family Price*

$335k		Median Condo / Townhouse Price*

*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.

Price Per Square Foot Change
Period	28012 Area	Metro Area

1-year	- 7%	- 2%
3-year	+ 4%	+ 5%
5-year	+58%	+58%
7-year	+73%	+78%

The price per square foot of 28012-area re-sale homes has increased by approximately 58% over the past 5 years (versus a 58% increase for the entire Charlotte metro area). Homes have been selling at a median of $229 per square foot in 28012 over the past 90 days - as compared to $212 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

40
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 40 cumulative days on market in the 28012 area. Compare this with the Charlotte metro area median of 33 days on market.

13%
Of Recently Sold Homes
Over Asking Price

13% of previously owned 28012-area homes sold over the asking price (versus 16% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28012.

Price Per Square Foot Change
Period	28012 Area	Metro Area

1-year	- 7%	- 2%
3-year	+ 4%	+ 5%
5-year	+58%	+58%
7-year	+73%	+78%

33%
of Available Homes
Are Under Contract

33% of previously owned 28012-area homes are under contract – compared with 37% of all homes in the Charlotte metro area.

Our Value Guesstimate: $977,736

Our computer algorithm has estimated that this home would be likely to sell in a range between $831,076 and $1,124,396.

Sale Details

Sales Price: $1,015,000
Closed: Dec 1, 2023 (442 days ago)
List Price: $1,000,000
Sold for: 101% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $217

Remarks

General Info - MLS 4073346