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5031 Pine Springs Drive

5031 Pine Springs Drive, Bessemer City, NC 28016
Property in Gaston
Sold Aug 03, 2021
$145,500
$142,373 by Cardinal Financial Company Lp
Mortgage Due Sep 01, 2051
Sold Mar 04, 1999
$30,100
$29,100 by Investors Marketing Llc
Mortgage Due Feb 01, 2019
5031 Pine Springs Drive in Bessemer City, NC was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5031 Pine Springs Drive has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 30,056 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5031 Pine Springs Drive was last sold in Aug 3, 2021 for $145,500. According to our calculations, that's $134.72 per sqft. Prior to that sales transaction, the property was sold for $30,100 in Jan 6, 1999. Current property owners are expected to pay $1,024 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5031 Pine Springs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $147,270. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $132,270. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Mobile home
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE SPRINGS SUBDIVISION
  • Land Acres: 0.69
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: PINE SPRINGS L 5 12 088 010 15 000

Ownership

  • Current Owner : GIBSON MICHAELA
  • Current Owner 2: POLK BRUCE MICHAEL
  • Previous Owner : ANDREWS BRADFORD C
  • Previous Owner 2: ANDREWS SARAH M
  • Owner Before Previous Owner: INVESTORS MARKETING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: TRYONOTA FD
  • Census Tract: 030503

Zoning

  • Zoning: DW

Geography

  • Assessors Map Reference: MP 58 PG 42
  • District: TRYONOTA FD
  • Parcel: 163223
  • Municipality: TRYONOTA FD
  • Latitude: 35.3328
  • Longitude: -81.3231

    Address

  • Full Address: 5031 Pine Springs Dr
  • Address - House Number: 5031
  • Address - Street Name: Pine Springs
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Bessemer City
  • Carrier Code: R004
  • 4-Digit Zip Code: 5601
  • Zip Code: 28016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,024
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 68
  • Final Value: 199,594
  • High Value: 245,397
  • Low Value: 153,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $142,373
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $71,030
  • Market Land Value: $13,000
  • Market Improvement Value: $58,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,270
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $132,270

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11856786022
  • Current Sale Price: $145,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 04, 1999
  • Previous Sale Contract Date: Jan 06, 1999
  • Previous Sale Amount: $30,100
  • Previous Sale Document Type: Contract of Sale

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INVESTORS MARKETING LLC
  • Previous Mortgage Transaction Date: Mar 04, 1999
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $29,100
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Feb 01, 2019

About Gaston



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Frequently Asked Questions

What neighborhood is 5031 Pine Springs Drive located in?
The 5031 Pine Springs Drive is a located in the neighborhood of Gaston in Gaston, Bessemer City.
What is the average sales price for listings in 5031 Pine Springs Drive?
The average sales price for units in 5031 Pine Springs Drive is $0 currently.

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