NOT LISTED FOR SALE

5510 Palermo Trail Oak Ridge, NC 27310

Estimated Value: $795,000 - $945,000

4 Beds
4.5 Baths
3,900 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $699,900 $179 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,038/month

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Oak Ridge Elementary School Rated A-
  • 3 Car Attached Garage

About This Home

As of May 2022

Have you been dreaming of building your "forever home" in the heart of Oak Ridge? Come take a look at the beautiful Bellagio and build your dream home in Oak Ridge exclusively with the amazing LJ Custom Homes! Cleared lot right under an acre in the Oak Ridge Elementary & Northwest school district. See attachments for plat. Close 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: 02/02/2022

Howard Hanna Allen Tate Oak Ridge - Highway 68 N

Last Buyer's Agent

Ashley White

Berkshire Hathaway HomeServices Carolinas Realty License #288604

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,654 Sq Ft Home
  • 3,200-3,900 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

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

Community Details

  • Bellagio At Oak Ridge Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 0233683
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$681

Year Built

Built in 2022 | 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: 0.93
  • 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, Home will be on the right. 2107 Beeson Road Oak Ridge, NC 27310 is the address across the street from Bellagio enterance.
  • Above Grade Finished Sq Ft: 3654
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3900
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3654
  • 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: Garage, Attached, Garage Faces Front, Garage Faces Side
  • Garage Description: Attached Garage, Front Load Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • 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 #: 0233683
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 91
  • TRIADMLS_PlatBook: 206
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 681.16
  • Tax Lot: 32
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
May 16, 2022
Sold by
Lj Custom Homes Inc
Bought by
Lewis Nkrumah Dangelo
Seller's Agent
Maureena Shepherd
Howard Hanna Allen Tate Oak Ridge - Highway 68 N
Buyer's Agent
Ashley White
Berkshire Hathaway HomeServices Carolinas Realty
Sold Price
$699,900
Current Estimated Value
$868,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,460
Avg. Annual Appreciation
6.47%
Original Mortgage
$699,900
Outstanding Balance
$664,049
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$204,311
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
Lewis Nkrumah Dangelo $700,000 Iddings & Thacker Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Nkrumah Dangelo $699,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $699,900 -- $219 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
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 $5,617 $646,900 $100,000 $546,900
2024 $5,617 $630,300 $100,000 $530,300
2023 $5,617 $630,300 $100,000 $530,300
2022 $908 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maureena Shepherd

    Howard Hanna Allen Tate Oak Ridge - Highway 68 N

    (336) 740-0727

    83 in this area

    197 Total Sales

    Maureena Shepherd
    Section Image

  • A

    Buyer's Agent in 2022

    Ashley White

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 618-3950

    1 in this area

    98 Total Sales

    Ashley White
    Section Image
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Map

Source: Triad MLS

MLS Number: 1057740

Triad MLS

APN: 0233683

North Carolina Guilford County Oak Ridge 27310

5510 Palermo Trail, Oak Ridge, NC

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