NOT LISTED FOR SALE

5808 Dallas Cherryville Hwy Bessemer City, NC 28016

Estimated Value: $141,942 - $151,000

1 Bed
2 Baths
916 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $120,000 $131 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $783/month

56 Days on Market

About This Home

As of November 2022

Investors take note! Great piece of property with 2 units currently rented. Other units would need work or to be replaced with new dwellings. Seller willing to provide rental information to very interested parties. According to Gaston County, 5 septics on the property and documentation is in attachments.

Last Agent to Sell the Property

Dawn Kilby

Realty Executives of Hickory License #164685 Listed on: 09/26/2019

Realty Executives of Hickory

Last Buyer's Agent

Jonathan Freeman

Dean Carpenters Real Estate Inc. License #263936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $155

Year Built

  • Built in 1940

Lot Details

  • 1.65

Parking

  • Driveway

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Schools

  • Tryon Elementary School
  • John Chavis Middle School
  • Cherryville High School

Additional Features

  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 161443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$155

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Other
  • Year Built: 1940
  • Ratio Current Price By Acre: 72727.27
  • Road Surface Type: Other
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: See Remarks
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Tax Location: Gaston
  • Construction Type: Manufactured
  • Waterfront Features: None
  • Construction Type: Other

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: See Remarks
  • Sewer: Septic Installed
  • Water Heater: Other
  • Laundry Features: Other
  • Water Source: Other

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 161443
  • Lot Size: 1.65
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: Other
  • Pets Allowed: No

Tax Info

  • RATIO List Price By Tax Amount: 1.44469

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 0

MLS Schools

  • Elementary School: Tryon
  • High School: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 9, 2022
Sold by
Carter Duane K
Bought by
Plnc Land Llc
Seller's Agent
Dawn Kilby
Realty Executives of Hickory
Buyer's Agent
Jonathan Freeman
Dean Carpenters Real Estate Inc.
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%
Current Estimated Value
$146,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,471
Avg. Annual Appreciation
6.87%
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
Plnc Land Llc $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2022 11/14/22 Sold $120,000 +20.1% $131 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $99,900 -- $109 / 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 $155 $21,680 $21,680 $0
2024 $953 $133,490 $21,680 $111,810
2023 $928 $133,490 $21,680 $111,810
2022 $629 $68,380 $17,640 $50,740
2021 $637 $68,380 $17,640 $50,740
2019 $637 $69,150 $18,410 $50,740
2018 $760 $78,765 $19,575 $59,190
2017 $752 $78,765 $19,575 $59,190
2016 $752 $78,850 $0 $0
2014 $929 $97,823 $33,000 $64,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3554210

Canopy MLS (Canopy Realtor® Association)

APN: 161443