116 Walnut Ave
Belmont, NC 28012
- 2 Beds
- 1 Bath
2 Beds
1 Bath
(on 0.32 acres)
Local Information
-- mins to
Description
Property has multiple offers, client will be making a decision by end of day on 11/15/2023
Fantastic investment potential! This charming 2-bedroom, 1-bathroom bungalow spans 700 square feet and is conveniently located near downtown Belmont. Situated within walking distance to Stuart Cramer High School, this property is a golden opportunity to acquire at a price significantly below its tax value. Don't let this chance slip away!
Seller will not entertain any repairs or concessions, property is sold as is with no warranties. Power and water is disconnected and heat/air is non functional.
Fantastic investment potential! This charming 2-bedroom, 1-bathroom bungalow spans 700 square feet and is conveniently located near downtown Belmont. Situated within walking distance to Stuart Cramer High School, this property is a golden opportunity to acquire at a price significantly below its tax value. Don't let this chance slip away!
Seller will not entertain any repairs or concessions, property is sold as is with no warranties. Power and water is disconnected and heat/air is non functional.
116 Walnut Ave, Belmont, NC 28012 is a 2 bedroom, 1 bathroom single-family home built in 1900. It last sold for $125,000 on Dec 15, 2023 (56% above the $79,900 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $1,550 per month. That rental listing was removed on December 31, 2025. It is currently off market. The Trulia Estimate is $156,800, with a rent estimate of $1,284/month.
Home Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 116 Walnut Ave
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Number of Rooms: 1Types of Rooms: Primary Bedroom |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Appliances & Utilities Appliances: Electric Water HeaterLaundry: In Kitchen |
Heating & Cooling Heating: NoneNo CoolingAir Conditioning: NoneNo Heating |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View No View |
|
|---|
Exterior Home Features Foundation: Crawl Space |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Dirt, Paved |
Water & Sewer Sewer: Private Sewer |
Surface & Elevation Elevation Units: Feet |
|
|---|
Cumulative Days on Market: 2 |
|
|---|
Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: VinylNot a New Construction |
Property Information Parcel Number: 185961 |
|
|---|
Price List Price: $79,900 |
|
|---|
Direction & Address City: BelmontCommunity: None |
School Information Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Unspecified |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 0.32 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash |
|
|---|
Mls Number: 4086274Attribution Contact: kurtis.nigro@allentate.com |
Last check for updates: about 1 hour ago
Listed by Kurtis Nigro
Howard Hanna Allen Tate Gastonia
Bought with: Adrienne LaFar, (704) 577-7108, RE/MAX Executive
Source: Canopy MLS as distributed by MLS GRID, MLS#4086274

Price History for 116 Walnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/31/2025 | $1,499 | ListingRemoved | Zillow Rentals |
| 12/10/2025 | $1,499 | PriceChange | Zillow Rentals |
| 12/02/2025 | $1,550 | Listed For Rent | Zillow Rentals |
| 09/13/2024 | $1,550 | ListingRemoved | Zillow Rentals |
| 08/20/2024 | $1,550 | Listed For Rent | Zillow Rentals |
| 12/15/2023 | $125,000 | Sold | Canopy MLS as distributed by MLS GRID #4086274 |
| 11/15/2023 | $79,900 | Pending | Canopy MLS as distributed by MLS GRID #4086274 |
| 11/13/2023 | $79,900 | Listed For Sale | Canopy MLS as distributed by MLS GRID #4086274 |
| 05/30/2006 | $68,000 | Sold | N/A |
| 09/16/2003 | $30,000 | Sold | N/A |
| 04/14/2003 | $33,530 | Sold | N/A |
Market trends in Belmont
Last updated May 2026
Avg. sale price
$440K
$9.17KMoM
Sale-to-List Price
—
Price per sq ft
$222
$4MoM
Available listings
214
17MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $751 |
| Assessment | $105,240 |
Home facts updated by county records
Comparable Sales for 116 Walnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $250,000 | 07/31/25 | 2 | 2 | 1,248 | |
0.11 | Single-Family Home | $230,000 | 07/01/26 | 2 | 2 | 888 | |
0.27 | Single-Family Home | $239,900 | 05/05/26 | 2 | 2 | 851 | |
0.45 | Single-Family Home | $220,000 | 08/22/25 | 2 | 1 | 820 | |
0.36 | Single-Family Home | $255,000 | 10/09/25 | 2 | 2 | 985 | |
0.34 | Single-Family Home | $295,000 | 04/24/26 | 3 | 2 | 1,460 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 116 Walnut Ave.
What Locals Say about Belmont
At least 153 Trulia users voted on each feature.
89 % Say car is needed
87 % Say it's dog friendly
80 % Say yards are well-kept
79 % Say parking is easy
77 % Say there's holiday spirit
68 % Say people would walk alone at night
67 % Say kids play outside
66 % Say it's quiet
62 % Say streets are well-lit
59 % Say there are sidewalks
53 % Say neighbors are friendly
51 % Say it's walkable to restaurants
51 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
41 % Say it's walkable to grocery stores
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 116 Walnut Ave
Off Market Homes Near 116 Walnut Ave

Based on information submitted to the MLS GRID as of 2026-07-09 09:48:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

