NOT LISTED FOR SALE

5512 Palermo Trail Oak Ridge, NC 27310

Estimated Value: $767,357 - $942,000

4 Beds
3.5 Baths
3,400 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $608,375 $179 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,937/month

Highlights

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

About This Home

As of March 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, restaurants.

Last Agent to Sell the Property

Maureena Shepherd

Howard Hanna Allen Tate Oak Ridge - Highway 68 N License #292504 Listed on: 07/09/2021

Howard Hanna Allen Tate Oak Ridge - Highway 68 N

Last Buyer's Agent

Deesha Sunnassee

Berkshire Hathaway HomeServices Yost & Little Realty License #290460

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 3,225 Sq Ft Home
  • 2,900-3,400 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Northwest Guilford 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 31
  • Assessor Parcel Number 0228823
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

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 Palmero Trail, Home is on the left. 2107 Beeson Road Oak Ridge, NC 27310 is the address across the street from Bellagio entrance.
  • Above Grade Finished Sq Ft: 3225
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3400
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3225
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Stone
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Faces Side
  • Garage Description: Attached 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 Guilford

Lot Info

  • Parcel #: 0228823
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 91
  • TRIADMLS_PlatBook: 206
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 677.75
  • Tax Lot: 31
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9082

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $608,375 -- $210 / 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 $5,341 $572,300 $100,000 $472,300
2024 $5,341 $572,300 $100,000 $472,300
2023 $5,341 $572,300 $100,000 $472,300
2022 $5,198 $572,300 $100,000 $472,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1032677

Triad MLS

APN: 0233682