NOT LISTED FOR SALE

5509 Palermo Trail Oak Ridge, NC 27310

Estimated Value: $924,561 - $1,019,000

4 Beds
4.5 Baths
4,100 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $954,000 $233 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,201/month

34 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Porch
  • Oak Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of July 2024

Stunning Custom build by LJ Custom Homes! Fabulous open floor plan, fantastic flow! Huge kitchen with ample counter space and gorgeous countertops! 2-Story living room makes the space light, bright, and so inviting! Primary Suite with beautiful, massive shower, additional bedroom on main! Lovely details throughout! 2 full baths upstairs! Upgrades galore in this stunning home! Huge lot! Massive backyard lined with trees! Come take a look at the beautiful Bellagio and make this gorgeous house, home. Northwest school district. Fantastic proximity to parks, shopping, and restaurants.

Last Agent to Sell the Property

Maureena Shepherd

Howard Hanna Allen Tate Oak Ridge - Highway 68 N License #292504 Listed on: 04/09/2024

Howard Hanna Allen Tate Oak Ridge - Highway 68 N

Last Buyer's Agent

Patty Yow

Tyler Redhead & McAlister Real Estate, LLC License #181034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $908

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.18 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,898 Sq Ft Home
  • 3,500-4,100 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Bellagio At Oak Ridge Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 7807263162
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$908

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.18
  • Subdivision Name: Bellagio At Oak Ridge
  • Directions: From NC 68 turn left onto Beeson Road, Left on Cantina, Left onto Sicily, Right onto Palermo Trail, Left onto San Marino Court. 2107 Beeson Road Oak Ridge, NC 27310 is the address across the street from Bellagio entrance.
  • Above Grade Finished Sq Ft: 3898
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2024
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3500 - 4100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Flooring: Carpet, Engineered
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3898
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 7807263162
  • Zoning: RS-40
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 908.2
  • Tax Lot: 10
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.9082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 25, 2024
Sold by
U Custom Homes Inc
Bought by
Greene John M and Bonner-Greene Kristy Lynn
Seller's Agent
Maureena Shepherd
Howard Hanna Allen Tate Oak Ridge - Highway 68 N
Buyer's Agent
Patty Yow
Tyler Redhead & McAlister Real Estate, LLC
List Price
$954,000
Sold Price
$954,000
Views
20
Current Estimated Value
$975,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,890
Avg. Annual Appreciation
1.50%
Original Mortgage
$704,000
Outstanding Balance
$695,640
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$280,250
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greene John M $954,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene John M $704,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $954,000 0.0% $273 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $954,000 -- $273 / Sq Ft
Source: Triad MLS

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 $933 $716,100 $100,000 $616,100
2024 $933 $100,000 $100,000 --
2023 $908 $100,000 $100,000 $0
2022 $908 $100,000 $100,000 $0
2021 $681 $75,000 $75,000 $0
2020 $681 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maureena Shepherd

    Howard Hanna Allen Tate Oak Ridge - Highway 68 N

    (336) 740-0727

    80 in this area

    199 Total Sales

    Maureena Shepherd
    Section Image
  • Patty Yow

    Buyer's Agent in 2024

    Patty Yow

    Tyler Redhead & McAlister Real Estate, LLC

    (336) 255-9369

    1 in this area

    66 Total Sales

    Patty Yow
    Section Image
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Map

Source: Triad MLS

MLS Number: 1138229

Triad MLS

APN: 0228819

North Carolina Guilford County Oak Ridge 27310

5509 Palermo Trail, Oak Ridge, NC

Not Listed for Sale

Detached

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