NOT LISTED FOR SALE

518 E Washington Ave Bessemer City, NC 28016

Estimated Value: $193,000 - $237,284

3 Beds
2 Baths
1,173 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $220,000 $188 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,367/month

70 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of May 2024

Welcome to this charming property with a natural color palette that blends seamlessly with the surrounding environment. This home offers more than just a place to live. The primary bathroom features good under sink storage, allowing for a clutter-free environment. Step outside and discover a fenced-in backyard, perfect for pets or outdoor activities. With fresh interior paint and partial flooring replacement in some areas, this property offers a refreshed and updated living space. Don't miss the opportunity to make this house your home!

Last Agent to Sell the Property

Nicole Regal

Opendoor Brokerage LLC Brokerage Email: nregal@opendoor.com License #313294 Listed on: 02/13/2024

Last Buyer's Agent

Jonathan Shapiro

Keller Williams South Park License #112294

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1978

Lot Details

  • 0.37

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Bessemer City Elementary And Middle School
  • Bessemer City High School

Additional Features

  • Property is zoned R1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 225652

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,316

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 187.55
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: nregal@opendoor.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1173
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1173
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1173
  • Bedroom Main: 3
  • Room Count: 8
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Parcel Number: 225652
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Bessemer City
  • High School: Bessemer City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 21, 2024
Sold by
Opendoor Property Trust
Bought by
Powell John
Seller's Agent
Nicole Regal
Opendoor Brokerage LLC
Buyer's Agent
Jonathan Shapiro
Keller Williams South Park
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Views
93
Current Estimated Value
$215,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,429
Avg. Annual Appreciation
0.39%
Original Mortgage
$15,000
Outstanding Balance
$14,871
Interest Rate
6.88%
Estimated Equity
$206,202

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 18, 2020
Sold by
Henry Brian D and Henry Debbie H
Bought by
Bronson James D
Seller's Agent
John R. Bolin
Allen Tate Gastonia
Buyer's Agent
Madiha Qureshi
Realty One Group Revolution
List Price
$141,900
Sold Price
$142,500
Premium/Discount to List
$600
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$139,918
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2019
Sold by
Tate Sharon Jackson and Estate Of Joe Larry Cobbs
Bought by
Henry Brian D and Henry Debbie H
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
Powell John $220,000 Austin Title
Bronson James D $142,500 Austin Title Llc
Henry Brian D $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell John $15,000
Open Powell John $212,000
Previous Owner Bronson James D $139,627
Previous Owner Bronson James D $139,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $220,000 -2.7% $188 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $226,000 -1.7% $193 / Sq Ft
03/28/2024 03/28/24 Price Changed $230,000 -1.7% $196 / Sq Ft
03/07/2024 03/07/24 Price Changed $234,000 -1.3% $199 / Sq Ft
02/22/2024 02/22/24 Price Changed $237,000 -1.3% $202 / Sq Ft
02/13/2024 02/13/24 For Sale $240,000 +68.4% $205 / Sq Ft
05/19/2020 05/19/20 Sold $142,500 +0.4% $122 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $141,900 -- $121 / 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 $2,316 $201,580 $14,000 $187,580
2024 $2,014 $201,580 $14,000 $187,580
2023 $1,858 $175,250 $14,000 $161,250
2022 $1,182 $93,830 $10,000 $83,830
2021 $1,201 $93,830 $10,000 $83,830
2019 $1,090 $84,520 $10,000 $74,520
2018 $381 $65,115 $6,000 $59,115
2017 $339 $65,115 $6,000 $59,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4109111

Canopy MLS (Canopy Realtor® Association)

APN: 225652