NOT LISTED FOR SALE

502 E Washington Ave Bessemer City, NC 28016

Estimated Value: $178,000 - $270,163

3 Beds
2.5 Baths
1,453 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $209,900 $144 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,494/month

49 Days on Market

Highlights

  • Corner Lot
  • Walk-In Closet
  • Bungalow

About This Home

As of December 2020

This classic bungalow has been renovated to live like a brand new home while maintaining its charm. High end finishes and quality workmanship abound with no surface left untouched. Buyers are sure to appreciate the long list of new items including the roof, windows, siding, kitchen, baths, HVAC and flooring. Across the street from Kevin Milwood Park and walking distance to shopping, restaurants and downtown Bessemer City. Easy interstate access to Charlotte and Gastonia.

Last Agent to Sell the Property

Ian Leonard

5 Points Realty License #246292 Listed on: 09/21/2020

Last Buyer's Agent

Kenyon Harris

Keller Williams South Park License #290202

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Interior Spaces

  • Insulated Windows
  • Crawl Space

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 121579

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 599714.29
  • Ratio Current Price By Sq Ft: 144.46
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Electric Range
  • Interior Amenities: Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 298
  • Main Level Sq Ft: 1453
  • Total Sq Ft: 1453
  • Sq Ft Unheated Main: 74
  • Sq Ft Unheated Total: 74

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 150x100
  • Lot Features: Corner Lot
  • Lot Size Area: 0.350
  • Parcel Number: 121579
  • Zoning Specification: R1

Tax Info

  • Tax Value: 45890.00
  • Tax Location: Bessemer City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 1, 2020
Sold by
Cadmus Kingsley U and Cadmus Catherine
Bought by
Hart Conne Wilson and Williams Caliyah
Seller's Agent
Ian Leonard
5 Points Realty
Buyer's Agent
Kenyon Harris
Keller Williams South Park
List Price
$209,900
Sold Price
$209,900
Current Estimated Value
$237,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,891
Avg. Annual Appreciation
2.69%
Original Mortgage
$8,000
Outstanding Balance
$7,139
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$230,652

Purchase Details

Listed on
Dec 26, 2019
Closed on
Jan 27, 2020
Sold by
Stanley Sims Investments Llc
Bought by
Cadmus Kingsley U and Cadmus Catherine
Seller's Agent
John R. Bolin
Allen Tate Gastonia
Buyer's Agent
Ian Leonard
5 Points Realty
List Price
$65,000
Sold Price
$55,650
Premium/Discount to List
-$9,350
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
344.43%
Original Mortgage
$44,520
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2019
Sold by
Leep Peeler Michael Wayne and Leep Peeler Georgia
Bought by
Stanley Sims Investments Llc

Purchase Details

Closed on
Jun 25, 2009
Sold by
Sims Stanley C and Sims Edith G
Bought by
Peeler Michael Wayne and Peeler Georgia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,225
Interest Rate
4.79%
Mortgage Type
Seller Take Back
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
Hart Conne Wilson $209,900 None Available
Cadmus Kingsley U $56,000 Investors Title
Stanley Sims Investments Llc -- None Available
Peeler Michael Wayne $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Caliyah $8,000
Open Hart Conne Wilson $206,077
Previous Owner Cadmus Kingsley U $44,520
Previous Owner Peeler Michael Wayne $42,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $209,900 0.0% $144 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $209,900 0.0% $144 / Sq Ft
09/21/2020 09/21/20 Off Market $209,900 -- --
09/21/2020 09/21/20 For Sale $209,900 +277.2% $144 / Sq Ft
01/27/2020 01/27/20 Sold $55,650 -14.4% $39 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/26/2019 12/26/19 For Sale $65,000 -- $45 / 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 $2,389 $207,960 $14,000 $193,960
2024 $2,389 $207,960 $14,000 $193,960
2023 $2,204 $207,960 $14,000 $193,960
2022 $1,352 $107,340 $10,000 $97,340
2021 $1,374 $107,340 $10,000 $97,340
2020 $587 $45,890 $10,000 $35,890
2019 $592 $45,890 $10,000 $35,890
2018 $619 $46,196 $6,000 $40,196
2017 $610 $46,196 $6,000 $40,196
2016 $610 $46,196 $0 $0
2014 $587 $45,184 $10,000 $35,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3659890

Canopy MLS (Canopy Realtor® Association)

APN: 121579