NOT LISTED FOR SALE

123 Loy Ave Bessemer City, NC 28016

Estimated Value: $265,000 - $336,000

3 Beds
2 Baths
2,100 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $245,000 $117 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,773/month

19 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Laundry Room
  • Wood Flooring

About This Home

As of March 2022

Country Living in well-established and quiet neighborhood, Large Front Porch, Back deck, attached carport, updated plumbing, electrical and HVAC four years ago per seller, hardwood floors, cedar lined closet, oversized tub in master, two water heaters, brand new gutters, a whole lot of home for the money.

Last Agent to Sell the Property

Jonathan Freeman

Dean Carpenters Real Estate Inc. License #263936 Listed on: 01/12/2022

Last Buyer's Agent

Tammy Johnson

Apple Realty of Lincolnton License #318719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1969

Lot Details

  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Tryon Elementary School
  • John Chavis Middle School
  • Cherryville High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Tryon Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162878

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Ratio Current Price By Acre: 429824.56
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2100
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Front
  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2100
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Gaston
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 162878
  • Plat Book Slide: 22/56
  • Lot Size: 159.32X126.84X159.32X156.64 per GIS
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 1.97970

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Tryon
  • High School: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 7, 2022
Sold by
William Jacobs
Bought by
Neal Benjamin Ellis
Seller's Agent
Jonathan Freeman
Dean Carpenters Real Estate Inc.
Buyer's Agent
Tammy Johnson
Apple Realty of Lincolnton
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
$309,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,228
Avg. Annual Appreciation
6.61%
Original Mortgage
$200,000
Outstanding Balance
$186,864
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$122,364

Purchase Details

Closed on
Mar 19, 1998
Sold by
Brown J Mathis
Bought by
Jacobs Jeanette
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neal Benjamin Ellis $245,000 Tryon Title
Jacobs Jeanette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Benjamin Ellis $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $245,000 -10.9% $117 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $275,000 -- $131 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,712 $239,720 $13,500 $226,220
2024 $1,712 $239,720 $13,500 $226,220
2023 $1,666 $239,720 $13,500 $226,220
2022 $1,278 $138,910 $10,950 $127,960
2021 $2,645 $138,910 $10,950 $127,960
2019 $1,279 $138,910 $10,950 $127,960
2018 $1,023 $105,994 $10,773 $95,221
2017 $921 $105,994 $10,773 $95,221
2016 $921 $96,567 $0 $0
2014 $1,044 $109,843 $14,130 $95,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3819885

Canopy MLS (Canopy Realtor® Association)

APN: 162878