tomo logo

$1,299,900

Beds
5
Baths
4.0
sq ft
4,354

208 Cape August Place, Belmont, NC 28012

208 Cape August Place

Belmont, NC 28012

  • 38 days on market
Welcome to McLean – South Shore, one of Belmont’s premier waterfront communities! 208 Cape August Place offers the perfect blend of elegance, tech, & outdoor entertainment in the dream backyard! Enjoy outside w/ a full outdoor kitchen & hardscape patio w/ pizza oven, beverage fridge, gas grill, fire pit, playset, & app-controlled irrigation. 3-season room w/ EZ-Breeze windows & a Mitsubishi mini-split provides year-round comfort. The kitchen has double Kitchen Aid ovens, fresh subway tile, & updated fixtures. Coffered ceiling, see-through fireplace, & Samsung Frame TV add warmth & character. Owner’s Suite has custom ClosetMaid system. Media room, double front porches, & real wood floors complete this thoughtfully designed home. 3 bay garage. Pre-inspected. Minutes from marina on Lake Wylie, downtown Belmont, & Charlotte’s Airport. Community includes: resort style pool, sun deck, event lawn, fitness center, entertainment hall & kitchen, outdoor pavilion, & playground!

Details

Property type

Single Family Residence

Est. home value

$1,233,517

Lot size

Unknown

Price per sq ft

$299

Year built

2019

Monthly HOA fee

$121.67

Price History

02/28/2025
CanopyMLS

CanopyMLS #4221947

Listed
$1,299,900
+3.58%
05/03/2023
CanopyMLS

CanopyMLS #4014516

Sold
$1,255,000
+65.93%
11/27/2019
CanopyMLS

CanopyMLS #3560179

Sold
$756,335

Schools & Community

Elementary school: 

New Hope

Middle school: 

Cramerton

High school: 

South Point (NC)

Community features: 

Clubhouse, Fitness Center, Playground, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$518,074
Asking price
$1,299,900
Closing costs (~8% of asking)
-$103,992
Est. remaining loan balance
-$677,834
Cash to seller
$518,074

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Encore Bank Na

Loan start date

May 2023

Original loan amount

$1,034,885

Est. remaining balance

$677,834

Interest rate

6.6%

Loan type

New Conventional, 5 year

Seller

Nolan Edward Hatley and Gillian Marie Hatley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 10:55 PM

Listing updated: 04/01/2025 at 10:20 AM

Listed by: Matthew Hanks, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4221947

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