NOT LISTED FOR SALE

5007 Oak Estates Ln Bessemer City, NC 28016

Estimated Value: $570,000 - $666,661

3 Beds
3 Baths
2,654 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $412,500 $155 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,651/month

6 Days on Market

Highlights

  • Wooded Lot
  • Finished Attic
  • Fireplace
  • Wood Flooring
  • Attic

About This Home

As of February 2021

Grand and elegant, this beautiful home will impress even the most astute buyer. Indulge in the space and privacy of the 4.46-acre lot, paired perfectly with an immaculate residence crafted for those who prefer the finer things in life. Inside, there is an impressive 2,654sqft of living space to enjoy including three bedrooms, three bathrooms and multiple living areas to suit every mood and occasion. A great room with an elegant fireplace awaits cold winter nights and there is an open-plan kitchen and breakfast nook that serves as the hub of daily life. A dining room is a perfect place to host friends or you can wander out to the covered porch with views over the yard and out to the surrounding woodlands. Extra features abound and include an attached two-car garage with storage space, a great-size laundry and lots of storage throughout. There is also a bonus room and a bathroom on the upper level, perfect for a range of uses from an office to storage and even a playroom.

Last Agent to Sell the Property

Brett Carraway

Northstar Real Estate, LLC License #289414 Listed on: 12/07/2020

Last Buyer's Agent

Christy Tomberlin

Premier South License #293546

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • 2

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Finished Attic

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 209091

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00856
  • Ratio Close Price By Original Li: 1.00856
  • Ratio Current Price By Acre: 92488.79
  • Ratio Current Price By Sq Ft: 155.43
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 511
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Microwave, Propane
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Finished, Attic Walk-in, Cable Available
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2143
  • Total Sq Ft: 2654

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Trees, Wooded
  • Lot Size Area: 4.460
  • Parcel Number: 209091
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 352920.00
  • Tax Location: Bessemer City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 22, 2021
Sold by
Beard Franklin L and Beard Jean
Bought by
Lawson Stephen Eric and Lawson Kristi R
Seller's Agent
Brett Carraway
Northstar Real Estate, LLC
Buyer's Agent
Christy Tomberlin
Premier South
List Price
$409,000
Sold Price
$412,500
Premium/Discount to List
$3,500
0.86%
Total Days on Market
6
Current Estimated Value
$609,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,915
Avg. Annual Appreciation
8.42%
Original Mortgage
$309,375
Outstanding Balance
$280,466
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$313,570

Purchase Details

Closed on
Apr 13, 2007
Sold by
Fraley John H and Fraley Judy A
Bought by
Beard Frank and Beard Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Lawson Stephen Eric $412,500 None Available
Beard Frank $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Stephen Eric $309,375
Previous Owner Beard Franklin L $79,616
Previous Owner Beard Frank $48,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $412,500 +0.9% $155 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $409,000 -- $154 / 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 $4,038 $565,570 $58,730 $506,840
2024 $4,038 $565,570 $58,730 $506,840
2023 $3,931 $565,570 $58,730 $506,840
2022 $3,247 $352,920 $53,230 $299,690
2021 $3,325 $352,920 $53,230 $299,690
2020 $3,254 $352,920 $53,230 $299,690
2019 $3,289 $352,920 $53,230 $299,690
2018 $2,421 $256,680 $58,880 $197,800
2017 $2,417 $256,266 $58,880 $197,386
2016 $2,417 $256,266 $0 $0
2014 $2,416 $258,934 $54,512 $204,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3688925

Canopy MLS (Canopy Realtor® Association)

APN: 209091