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5007 Oak Estates Lane

5007 Oak Estates Lane, Bessemer City, NC 28016
Property in Gaston
Sold Feb 25, 2021
$412,500
$309,375 by Broker Solutions Inc
Mortgage Due Mar 01, 2051
Sold Apr 16, 2007
$54,000
$48,400 by Branch Banking And Trust Co
Mortgage
Local assessors in Bessemer City, NC have categorized 5007 Oak Estates Lane as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 194,278 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5007 Oak Estates Lane has a total of 2,619 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Feb 22, 2021 for $412,500. That's $157.50 per sqft. Prior to that sales transaction, the property was also sold in Apr 13, 2007 for $54,000. 5007 Oak Estates Lane was last assessed in 2023. The total value of the property was assessed at $565,570. Specifically, the land the property is located on was valued at $58,730. While improvements on the property were assessed at a total of $506,840. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,931. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Custom
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 194,278
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,619
  • Building Area: 2,619
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITE OAKS ESTATES
  • Land Acres: 4.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: WHITE OAKS ESTATES L 4 13 083 012 00 000

Ownership

  • Current Owner : LAWSON STEPHEN ERIC
  • Current Owner 2: LAWSON KRISTI R
  • Previous Owner : BEARD FRANKLIN L
  • Previous Owner 2: BEARD JEAN
  • Owner Before Previous Owner: FRALEY JOHN H
  • Owner Before Previous Owner 2: FRALEY JUDY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: AG. CENTER FD
  • Census Tract: 030403

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 72 PG 113
  • District: AG. CENTER F
  • Parcel: 209091
  • Municipality: AG CENTER FD
  • Latitude: 35.3275
  • Longitude: -81.2495

    Address

  • Full Address: 5007 Oak Estates Ln
  • Address - House Number: 5007
  • Address - Street Name: Oak Estates
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Bessemer City
  • Carrier Code: R003
  • 4-Digit Zip Code: 9303
  • Zip Code: 28016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,931

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 75
  • Final Value: 532,002
  • High Value: 632,721
  • Low Value: 431,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,375
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Loan Amount: $309,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $352,920
  • Market Land Value: $53,230
  • Market Improvement Value: $299,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,570
  • Assessed Land Value: $58,730
  • Assessed Improvements Value: $506,840

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11831514006
  • Current Sale Price: $412,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 16, 2007
  • Previous Sale Contract Date: Apr 13, 2007
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $309,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Apr 16, 2007
  • Previous Mortgage Loan Amount: $48,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Gaston



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Frequently Asked Questions

What neighborhood is 5007 Oak Estates Lane located in?
The 5007 Oak Estates Lane is a located in the neighborhood of Gaston in Gaston, Bessemer City.
What is the average sales price for listings in 5007 Oak Estates Lane?
The average sales price for units in 5007 Oak Estates Lane is $0 currently.

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