NOT LISTED FOR SALE

316 E Cleveland Ave Bessemer City, NC 28016

Estimated Value: $212,000 - $223,000

3 Beds
1 Bath
1,234 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $84,500 $68 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,361/month

9 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Separate Outdoor Workshop

About This Home

As of May 2017

This is a Fannie Mae HomePath Property! Cute 3 bedrooms, 1 bath ranch home, located on large fenced in corner lot. Living room and den, with large eat in kitchen, with screened in back porch. Large workshop located in back, with storage shed.

Last Agent to Sell the Property

Joshua Fannin

Providence Management & Investments LLC License #79830 Listed on: 02/07/2017

Last Buyer's Agent

Teresa MacFarlane

Rockin Realty Inc License #221684

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.35

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 122019

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 241428.57
  • Ratio Current Price By Sq Ft: 68.48
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Gas Range, Gas Oven
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1234
  • Total Sq Ft: 1234

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot, Sloping
  • Lot Size Area: 0.350
  • Parcel Number: 122019
  • Zoning Specification: R1

Tax Info

  • Tax Value: 53881.00
  • Tax Location: Bessemer City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Pearson Donald Shawn
Bought by
Pearson Donald Shawn and Pearson Alexis Madison
Current Estimated Value
$218,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Outstanding Balance
$76,429
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$142,187

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 13, 2017
Sold by
Holland Bobby Travis and Holland Travis
Bought by
Fannie Mae and Federal National Mortgage Association
Seller's Agent
Joshua Fannin
Providence Management & Investments LLC
Buyer's Agent
Teresa MacFarlane
Rockin Realty Inc
List Price
$84,500
Sold Price
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$4,148
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2017
Sold by
Fannie Mae
Bought by
Pearson Donald Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,148
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2016
Sold by
Holland Martha and Holland Louise
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 1967
Bought by
Holland Louise
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pearson Donald Shawn -- None Available
Fannie Mae -- None Available
Pearson Donald Shawn -- None Available
Federal National Mortgage Association $46,030 None Available
Holland Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Donald Shawn $86,000
Previous Owner Pearson Donald Shawn $4,148
Previous Owner Holland Martha L $8,000
Previous Owner Holland Martha $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $84,500 0.0% $68 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $84,500 -- $68 / 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 $2,146 $186,800 $13,500 $173,300
2024 $2,146 $186,800 $13,500 $173,300
2023 $1,980 $186,800 $13,500 $173,300
2022 $870 $69,080 $8,500 $60,580
2021 $884 $69,080 $8,500 $60,580
2019 $891 $69,080 $8,500 $60,580
2018 $718 $53,582 $7,200 $46,382
2017 $711 $53,582 $7,200 $46,382
2016 $711 $53,881 $0 $0
2014 $490 $83,038 $13,500 $69,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3249142

Canopy MLS (Canopy Realtor® Association)

APN: 122019