NOT LISTED FOR SALE

509 Chatham Ln Bessemer City, NC 28016

Estimated Value: $690,000 - $808,564

3 Beds
3.5 Baths
3,858 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $800,000 $207 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,380/month

7 Days on Market

Highlights

  • Greenhouse
  • Private Lot
  • Outdoor Fireplace
  • Open Floorplan
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2024

Gorgeous custom built home sitting on over 7 acres of privacy offering everything you'd possibly want. Primary on the main w/ his and her closets, large en suite w/dual vanities, soaking tub & walkin shower. Office overlooking the magnificent landscaping of the main entrance of the home. The kitchen is a chefs dream w/ lots of counterspace, granite countertops, large island w/extra storage, custom cabinetry, walk-in pantry & under counter lighting. Separate dining room off the kitchen. The inviting living room offers a beautiful stone gas FP, HW flooring & lots of windows to soak up the amazing views of this property. The half bath is conveniently located off the garage along w/ the laundry room that includes a stand up shower! Upstairs you will find a large bonus room. Fully finished basement you have a living space, 2 spacious bedrooms one including a private full bath & another full bath in the hall. Large finished area currently used for a closet that would make anyone envious!

Last Agent to Sell the Property

Rebecca Maiwald

Premier South Brokerage Email: rebeccamaiwaldrealtor@gmail.com License #297471 Listed on: 04/08/2024

Premier South

Last Buyer's Agent

Andrea Cossette

NorthGroup Real Estate LLC License #98462

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 2011

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Radon Mitigation System
  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Propane Fireplace
  • French Doors
  • Living Room with Fireplace
  • Storage
  • Walk-In Attic

Kitchen

  • Walk-In Pantry
  • Built-In Convection Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Schools

  • Tryon Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 305102

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,468

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2011
  • Restrictions: No Representation
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.36
  • Geocode Confidence: High
  • Attribution Contact: rebeccamaiwaldrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1919
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 214
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 214
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 541
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Induction Cooktop, Microwave, Oven, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 2460
  • Has Basement: Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1398
  • Door Features: French Doors
  • Fireplace Features: Gas Log, Living Room, Outside, Propane, Wood Burning
  • Living Area: 3858
  • Bedroom Main: 1
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Other - See Remarks
  • Other Structures: Greenhouse, Shed(s), Workshop
  • Patio And Porch Features: Balcony, Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Hall, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: Radon Mitigation System
  • Cooling: Central Air
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Bessemer City
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Flood Plain/Bottom Land, Private, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 305102
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Tryon
  • High School: Bessemer City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Helms Ashton T and Wellman Aron M
Bought by
Wellman Aron M and Wellman Ashton H
Current Estimated Value
$761,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Outstanding Balance
$747,346
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$14,545

Purchase Details

Closed on
Nov 18, 2024
Sold by
Wellman Aron M and Helms Ashton T
Bought by
Wellman Aron M and Helms Ashton T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,200
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 20, 2024
Sold by
Eagle Kimberly S and Eagle Keith Evan
Bought by
Wellman Aron M and Helms Ashton T
Seller's Agent
Rebecca Maiwald
Premier South
Buyer's Agent
Andrea Cossette
NorthGroup Real Estate LLC
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.24%
Original Mortgage
$760,000
Interest Rate
6.88%
Mortgage Type
New Conventional
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
Wellman Aron M -- None Listed On Document
Wellman Aron M -- None Listed On Document
Wellman Aron M -- Boston National Title
Wellman Aron M -- Boston National Title
Wellman Aron M $800,000 None Listed On Document
Wellman Aron M $800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellman Aron M $748,000
Closed Wellman Aron M $748,000
Previous Owner Wellman Aron M $754,200
Previous Owner Wellman Aron M $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $800,000 -1.8% $207 / Sq Ft
04/08/2024 04/08/24 For Sale $815,000 +75.3% $211 / Sq Ft
05/15/2020 05/15/20 Sold $465,000 -2.1% $135 / Sq Ft View Prior Sale
04/03/2020 04/03/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $475,000 0.0% $138 / Sq Ft
07/31/2019 07/31/19 Sold $475,000 0.0% $138 / Sq Ft View Prior Sale
06/16/2019 06/16/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $475,000 -- $138 / 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 $4,468 $625,740 $54,950 $570,790
2024 $4,468 $625,740 $54,950 $570,790
2023 $4,349 $625,740 $54,950 $570,790
2022 $4,274 $464,540 $54,800 $409,740
2021 $0 $464,540 $54,800 $409,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4126573

Canopy MLS (Canopy Realtor® Association)

APN: 305102