NOT LISTED FOR SALE

512 E Washington Ave Bessemer City, NC 28016

Estimated Value: $175,000 - $210,000

4 Beds
2 Baths
2,092 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $129,000 $62 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,221/month

10 Days on Market

About This Home

As of February 2022

Perfect property for investors. This home as tons of potential once brought back to life. The upper level as an additional living area but no vents where visible so its uncounted for in the square footage. Would be a perfect place for a studio set up or office space. Some repairs have been started but not fully completed by the seller. New drywall in hallway and a few rooms plus the kitchen area. Spacious rooms. Priced to sell. Won't last long. Book your showing now!

Last Agent to Sell the Property

Steven Morgan

The Market Makers Group LLC License #98345 Listed on: 12/10/2021

Last Buyer's Agent

Alicia Neris

DeVoe Realty License #222231

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • New Construction: No
  • Road Surface Type: Dirt
  • Structure Type: One and a Half Story
  • Subdivision Name: None
  • Ratio Current Price By Acre: 307142.86
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Concrete, Laminate, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 4
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2092
  • 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: 481
  • Sq Ft Unheated Upper: 481
  • Sq Ft Upper: 0
  • Porch: Front
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • Foundation Details: Basement Outside Entrance
  • Construction Type: Vinyl Siding
  • Tax Location: Gaston
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Carport - 1 Car, Driveway
  • Main Level Garage YN: 0

Utilities

  • Heating: Forced Air
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric

Schools

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

Lot Info

  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 0.81655

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 18, 2022
Sold by
Queen City Property Buyersllc
Bought by
Molina Roberto Carlos Gonza and Gasca Maria Dela
Seller's Agent
Steven Morgan
The Market Makers Group LLC
Buyer's Agent
Alicia Neris
DeVoe Realty
List Price
$149,995
Sold Price
$129,000
Premium/Discount to List
-$20,995
-14%
Current Estimated Value
$197,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,368
Avg. Annual Appreciation
12.34%
Original Mortgage
$90,300
Outstanding Balance
$86,324
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$107,524

Purchase Details

Closed on
Nov 2, 2021
Sold by
Elmore and Nikie
Bought by
Queen City Property Buyers Llc

Purchase Details

Closed on
Jun 19, 2019
Sold by
Keener Adam and Keener Heather
Bought by
Elmore Justin and Elmore Nikie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2011
Sold by
Wright Ernest R and Wright Andrea M
Bought by
Keener Adam and Keener Heather

Purchase Details

Closed on
Jun 29, 2007
Sold by
Martin Joe A and Martin Rachel D
Bought by
Wright Ernest Russell and Wright Andrea Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Molina Roberto Carlos Gonza $129,000 Wilson Parks H
Queen City Property Buyers Llc $80,000 Sperry Law Firm Pc
Elmore Justin $50,000 None Available
Keener Adam $64,000 None Available
Wright Ernest Russell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Roberto Carlos Gonza $90,300
Previous Owner Elmore Justin $57,000
Previous Owner Wright Ernest Russell $32,000
Previous Owner Martin Joe A $70,000
Previous Owner Martin Joe A $45,000
Previous Owner Martin Joe A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $129,000 -0.8% $62 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/15/2021 12/15/21 Price Changed $129,995 -13.3% $62 / Sq Ft
12/10/2021 12/10/21 For Sale $149,995 -- $72 / 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
2024 $1,746 $152,000 $14,000 $138,000
2023 $1,611 $152,000 $14,000 $138,000
2022 $2,006 $159,200 $9,230 $149,970
2021 $4,630 $159,200 $9,230 $149,970
2020 $1,945 $151,990 $9,230 $142,760
2019 $1,543 $119,630 $9,230 $110,400
2018 $1,204 $89,831 $6,000 $83,831
2017 $1,172 $89,831 $6,000 $83,831
2016 $1,172 $88,770 $0 $0
2014 $1,153 $88,725 $10,000 $78,725
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steven Morgan

    The Market Makers Group LLC

    Section Image

  • A

    Buyer's Agent in 2022

    Alicia Neris

    DeVoe Realty

    (704) 692-7771

    4 in this area

    107 Total Sales

    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3812327

Canopy MLS (Canopy Realtor® Association)

APN: 121576

North Carolina Gaston County Bessemer City 28016

512 E Washington Ave, Bessemer City, NC

This home is located at 512 E Washington Ave, Bessemer City, NC 28016 since 10 December 2021 and is currently estimated at $195,042, approximately $93 per square foot. This property was built in 1900. 512 E Washington Ave is a home located in Gaston County with nearby schools including Bessemer City Primary School, Bessemer City Middle School, and Bessemer City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes