NOT LISTED FOR SALE

202 Tryon School Loop Rd Bessemer City, NC 28016

Estimated Value: $235,000 - $278,000

3 Beds
2 Baths
1,225 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $200,000 $163 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,465/month

17 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Ceiling Fan

About This Home

As of October 2022

All I can say, friends, is WOW! This one will BLOW. YOU. AWAY. 


Wow! This 3 bedroom, two bath home was just recently updated! In addition to a large corner lot, and a large detached workshop, it has newly updated floors throughout the house, newly smooth ceilings, and new paint throughout the home. Don’t miss your chance - set up a showing!

Last Agent to Sell the Property

Lisa Borders

RE/MAX Select License #234438 Listed on: 08/12/2022

RE/MAX Select

Last Buyer's Agent

Don Mott

Moss Realty License #275495

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1994

Lot Details

  • Corner Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 161306

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1994
  • Ratio Current Price By Acre: 444444.44
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 163.27
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Laminate
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1225
  • 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
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1225

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

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

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Parcel Number: 161306
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.95928

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 11, 2022
Sold by
Archer Lewis W and Archer Denice J
Bought by
Swaringen Jerry Lee
Seller's Agent
Lisa Borders
RE/MAX Select
Buyer's Agent
Don Mott
Moss Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Current Estimated Value
$251,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,632
Avg. Annual Appreciation
7.90%
Original Mortgage
$160,000
Outstanding Balance
$153,550
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$98,082

Purchase Details

Closed on
Jul 17, 2003
Sold by
Truong Huy D and Truong Mai P
Bought by
Archer Lewis W and Archer Denice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,120
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
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
Swaringen Jerry Lee $200,000 --
Swaringen Jerry Lee $200,000 None Listed On Document
Archer Lewis W $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swaringen Jerry Lee $160,000
Closed Swaringen Jerry Lee $160,000
Previous Owner Archer Lewis W $73,120
Closed Archer Lewis W $18,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $200,000 -13.0% $163 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $230,000 -- $188 / 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 $1,622 $227,160 $15,500 $211,660
2024 $1,622 $227,160 $15,500 $211,660
2023 $1,579 $227,160 $15,500 $211,660
2022 $1,080 $117,390 $12,500 $104,890
2021 $1,093 $117,390 $12,500 $104,890
2019 $1,081 $117,390 $12,500 $104,890
2018 $940 $97,439 $9,450 $87,989
2017 $961 $97,439 $9,450 $87,989
2016 $961 $100,688 $0 $0
2014 $1,003 $105,612 $14,500 $91,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3891354

Canopy MLS (Canopy Realtor® Association)

APN: 161306