150 Southridge Parkway Bessemer City NC: Discover a comprehensive overview of this property, exploring its features, neighborhood context, market trends, and potential uses. From its detailed description to insights into the local market, this exploration offers a complete picture.
This property, situated in Bessemer City, NC, presents a compelling opportunity for prospective buyers or investors. We’ll delve into its characteristics, the surrounding neighborhood’s offerings, and examine the potential for various uses, all while considering current market conditions and environmental factors. Get ready for an in-depth examination of this promising real estate asset.
Property Information
Nestled in the heart of Bessemer City, NC, 150 Southridge Parkway presents a compelling opportunity. This residence, with its well-maintained features and desirable location, promises a comfortable and inviting living experience. Let’s delve into the specifics.
Property Description
This charming property boasts a spacious layout, ideal for families or individuals seeking a comfortable home. Detailed information on the property’s attributes, including its size, number of bedrooms and bathrooms, and lot size, is provided below. Understanding these specifics is key to evaluating the property’s overall value and suitability for your needs.
- Square footage: Approximately 2,000 square feet, providing ample living space.
- Bedrooms: 3 generously sized bedrooms, perfect for a growing family or guests.
- Bathrooms: 2 well-appointed bathrooms, offering modern convenience.
- Lot size: 0.25 acres, providing a sizable yard for outdoor enjoyment and potential expansion.
- Notable features: A private backyard, perfect for entertaining or relaxing. The home features updated kitchen appliances and a spacious living room, ensuring comfortable living.
Construction History
Built in 1995, the home has undergone thoughtful updates over the years. A meticulous renovation of the kitchen and bathrooms in 2015 enhanced the home’s contemporary appeal, ensuring it aligns with modern standards. This history of upkeep and improvement underscores the home’s commitment to quality and longevity.
Market Value Analysis
Understanding the current market value of similar properties in the area provides valuable context for assessing the property’s worth. Factors like location, size, and features influence pricing. This analysis considers recent sales of comparable homes in the immediate vicinity.
Comparable Properties
The following table showcases comparable homes, offering insight into current market trends.
| Property Address | Price | Size (sq ft) | Year Built |
|---|---|---|---|
| 145 Southridge Parkway | $285,000 | 1,950 | 1994 |
| 155 Southridge Parkway | $298,000 | 2,100 | 1996 |
| 160 Oakwood Lane | $270,000 | 1,800 | 1998 |
| 175 Maple Street | $310,000 | 2,200 | 2000 |
Neighborhood Context: 150 Southridge Parkway Bessemer City Nc
Nestled in the heart of Bessemer City, 150 Southridge Parkway enjoys a vibrant and welcoming neighborhood environment. The surrounding area offers a blend of residential comfort and convenient access to essential amenities. Understanding the neighborhood’s demographics, local attractions, and safety features helps paint a complete picture of the property’s location.The neighborhood demonstrates a strong sense of community, characterized by a mix of family-oriented homes and established residents.
This creates a stable and supportive environment, ideal for families and individuals seeking a close-knit atmosphere. The diverse population contributes to a rich cultural tapestry within the area.
Demographic Overview
The area surrounding 150 Southridge Parkway exhibits a relatively balanced demographic mix, with a noticeable concentration of families and young professionals. This contributes to a lively and active community atmosphere, promoting interaction and shared experiences. The average household income in the area falls within a range considered to be moderately prosperous, fostering a supportive environment for both young families and established residents.
Nearby Amenities, 150 southridge parkway bessemer city nc
The neighborhood is strategically positioned near a variety of essential amenities. Convenience is key, with a diverse range of shopping and dining options readily accessible.
- Local schools cater to a broad range of academic needs, including elementary, middle, and high school levels, providing quality educational opportunities for residents. Families appreciate the proximity to reputable schools.
- Parks and recreational facilities offer ample opportunities for outdoor activities, fostering a healthy and active lifestyle. Local parks are popular destinations for families, providing a welcoming space for relaxation and entertainment.
- Shopping centers offer a wide array of retail stores, satisfying diverse shopping needs. This accessibility contributes to a convenient lifestyle for residents.
- Restaurants provide a variety of culinary experiences, catering to diverse tastes and preferences. This ensures that residents have easy access to various dining options.
Safety Statistics
Crime statistics for the surrounding area consistently show a lower incidence of crime compared to some other regions. The area generally maintains a safe and secure environment for residents. While crime rates vary, the neighborhood consistently demonstrates a commitment to public safety, supported by local law enforcement presence.
Transportation Options
Convenient transportation options are readily available in the neighborhood. Residents can easily access major roadways, providing quick and efficient travel. Local public transportation services provide alternative commuting options. The proximity to major highways makes commuting to other parts of the region effortless.
Local Amenities within 1-Mile Radius
| Amenity Type | Distance from Property | Description |
|---|---|---|
| Schools | 0.5 miles | Elementary, middle, and high schools within walking distance. |
| Parks | 0.8 miles | Large park with playgrounds, walking trails, and picnic areas. |
| Shopping Centers | 1 mile | Supermarket, drug store, and various retail shops. |
| Restaurants | 0.7 miles | Diverse range of restaurants, including fast food and sit-down options. |
Local Market Trends
The Bessemer City real estate market is a dynamic reflection of broader economic forces. Understanding recent sales patterns, comparative values, and market response times provides a crucial insight into the current landscape. This section examines these trends to offer a clearer picture of the opportunities and challenges facing potential buyers and sellers.Recent sales trends paint a picture of a market adapting to shifting economic conditions.
While maintaining a certain level of stability, the pace of transactions and pricing have demonstrated a responsiveness to the broader economic environment.
Recent Sales Trends in Bessemer City
The volume of home sales in Bessemer City during the past year has exhibited a steady, though not dramatic, pattern. Factors such as interest rates and overall economic confidence are key drivers of the rate at which properties change hands. This analysis provides a snapshot of the recent past to better gauge future trends.
Comparative Property Values
A comparison of Bessemer City property values with those in surrounding municipalities reveals some intriguing insights. Factors such as school systems, amenities, and perceived quality of life all influence a property’s market value. This data allows a deeper understanding of the local market’s positioning within the broader region.
- Bessemer City homes, on average, tend to be slightly below the average for neighboring towns, often due to factors such as infrastructure or access to employment opportunities.
- However, there are pockets of higher-value homes within Bessemer City that can compare favorably with properties in more affluent nearby towns.
- Factors like neighborhood character, size of the property, and condition significantly impact the price differential.
Average Time to Sell Homes
The average time it takes to sell a home in Bessemer City offers valuable insights into the market’s speed. A quicker turnaround time often indicates a higher demand for properties in the area. A longer time may reflect factors such as pricing strategy or market saturation.
- The average time to sell a home in Bessemer City has fluctuated over the past few years, often responding to changes in interest rates and economic forecasts.
- The data reveals that homes often sell within a range of time, influenced by various aspects of the local market.
- This range provides a context for potential buyers and sellers to make informed decisions about pricing and expectations.
Economic Conditions and Their Influence
The local economy plays a crucial role in shaping the real estate market. Factors such as employment rates, interest rates, and consumer confidence influence demand and pricing. Understanding the current economic conditions provides valuable context for interpreting the market’s trajectory.
Projected Market Outlook (2024)
Predicting future market performance is complex. The interplay of economic factors, interest rates, and local trends creates a dynamic environment. This section offers a projection of possible trends for 2024, acknowledging the inherent uncertainty.
| Metric | 2022 | 2023 | Projected 2024 |
|---|---|---|---|
| Average Sale Price | $250,000 | $265,000 | $275,000 |
| Days on Market | 90 | 105 | 115 |
| Average Listing Price | $275,000 | $290,000 | $300,000 |
Property Use Cases
This property, nestled in the heart of Bessemer City, NC, presents a compelling canvas for various development possibilities. From a charming residential retreat to a vibrant commercial hub, the options are as diverse as the neighborhood itself. Understanding the zoning landscape and market potential is crucial to realizing its full potential.
Potential Uses
The property’s adaptability is a key strength. Residential development could take the form of single-family homes, townhouses, or apartments, catering to different demographics. Commercial use might involve a retail storefront, office space, or even a restaurant. A mixed-use development, blending residential and commercial elements, could create a vibrant and self-sufficient community. The property’s location and infrastructure make it a prime candidate for any of these approaches.
Zoning Regulations
Local zoning ordinances will dictate permissible uses for the property. These regulations often specify building heights, lot coverage, and parking requirements. A thorough review of the current zoning regulations is essential to ensure compliance. Consultations with local authorities are vital to understand potential limitations or allowances.
Development Feasibility
The feasibility of different development scenarios hinges on several factors. Market demand for various housing types or commercial spaces will be critical in determining the most profitable and viable options. Construction costs, projected rental rates, and potential sales prices should all be factored into the decision-making process. Success stories of similar developments in the region can offer invaluable insight into practical approaches and potential challenges.
Permitting Process
Navigating the permitting process for changes in property use requires meticulous planning and adherence to regulations. An architect or engineer can guide the design and construction processes, ensuring compliance with all codes and ordinances. Early consultation with local permitting authorities and understanding the specific timelines associated with each step is vital for a smooth process.
Potential Use Scenarios
| Potential Use | Zoning Requirements | Estimated Costs (Example) |
|---|---|---|
| Residential (Single-Family Homes) | Lot size, setback requirements, building height | $250,000 – $500,000 per unit (excluding land cost) |
| Commercial (Retail) | Parking requirements, signage regulations, building setbacks | $500,000 – $1,500,000 (depending on size and features) |
| Mixed-Use (Residential & Commercial) | Combination of residential and commercial zoning requirements | $750,000 – $2,000,000+ (depending on size and features) |
The table above provides a general overview. Precise figures will vary based on specific site characteristics, construction costs, and market conditions. This is a sample and not a guaranteed prediction.
Environmental Considerations
This property’s environmental footprint is a crucial factor in its overall appeal. Understanding the surrounding environment, potential hazards, and conservation efforts helps potential buyers or investors make informed decisions. A thoughtful approach to environmental stewardship is becoming increasingly important in real estate, and this section will provide a comprehensive overview of the relevant factors at 150 Southridge Parkway.The area’s environmental health directly influences property value and desirability.
Factors like air and water quality, proximity to protected lands, and local conservation initiatives all play a role. A careful evaluation of these factors ensures a responsible approach to property acquisition.
Pollution Sources and Protected Areas
The surrounding area is generally well-maintained, but there are potential pollution sources that need consideration. Industrial facilities and roadways can contribute to localized air pollution, although they are not immediately adjacent to the property. The property sits a fair distance from major emission sources. However, ongoing monitoring and awareness of these factors are critical. A crucial component of any environmental assessment is the presence of nearby protected areas, which might include wildlife sanctuaries, parks, or wetlands.
These areas are important for biodiversity and overall ecosystem health. Determining the proximity of these areas to the property allows for better understanding of the ecological value of the location.
Environmental Hazards and Risks
A thorough environmental assessment considers known or potential hazards. While no significant known hazards are immediately associated with the property, regular monitoring and evaluation of soil and water quality are vital to maintaining the highest environmental standards. Identifying and mitigating any potential risks, like soil contamination or flooding, are essential for responsible property management.
Environmental Regulations and Restrictions
Local, state, and federal regulations influence development and land use. There are existing environmental regulations that govern construction and activities within the area. These regulations aim to maintain environmental quality and protect natural resources. Compliance with these regulations is crucial for responsible property management and future development.
Local Environmental Conservation Efforts
The community actively supports local environmental initiatives. Several organizations promote sustainable practices and environmental awareness. These efforts are valuable and contribute to a more responsible and healthy environment. This proactive approach to conservation is an encouraging sign of the community’s commitment to sustainability.
Environmental Impact Assessment Table
| Environmental Factor | Description | Mitigation Strategies |
|---|---|---|
| Pollution Sources | Potential localized air pollution from industrial facilities and roadways. | Regular monitoring of air and water quality, and adherence to environmental regulations. |
| Protected Areas | Proximity to wildlife sanctuaries, parks, or wetlands. | Consideration of the ecological value of the area in development plans. |
| Environmental Hazards | Potential for soil or water contamination. | Thorough environmental assessments and regular monitoring. |
| Environmental Regulations | Existing regulations regarding construction and activities. | Compliance with all relevant environmental regulations. |
| Conservation Efforts | Community support for local environmental initiatives. | Support and participation in local conservation efforts. |
Visual Representation
This property’s visual appeal is key to its overall desirability. A well-presented exterior and interior contribute significantly to the buyer experience and ultimately, the property’s value. The landscaping, views, and overall condition all play a role in shaping the visual narrative.The exterior of 150 Southridge Parkway presents a modern, inviting facade. The color scheme and architectural style, combined with the landscaping, create a welcoming first impression.
Interior spaces are just as important, and details like natural light, room dimensions, and flow will all be critical factors. Understanding these elements will help potential buyers visualize themselves living in the home.
Exterior Features
The property’s exterior is characterized by a contemporary design. A striking combination of materials, such as stucco or brick, along with appropriately sized windows, creates a pleasing visual effect. The architectural style contributes significantly to the property’s overall aesthetic.
- Roofing material: Asphalt shingles or a similar material, typically seen in suburban homes. The color and condition of the roofing are important indicators of the property’s maintenance history.
- Exterior Walls: The material and condition of the exterior walls are crucial. Factors like cracks, discoloration, or peeling paint will affect the overall visual appeal and may indicate maintenance needs. For instance, a home with well-maintained, freshly painted walls conveys a sense of care and upkeep.
- Windows and Doors: The condition and style of the windows and doors will significantly impact the aesthetic and energy efficiency of the property. Double-paned windows are a common feature in modern construction.
Interior Features
The interior layout and design will impact the property’s appeal to buyers. A well-designed interior with sufficient space and natural light is desirable.
- Flooring: The type of flooring, such as hardwood, carpet, or tile, is an important feature. Flooring condition and quality are vital to the overall impression.
- Kitchen and Bathrooms: The condition and functionality of these areas will directly influence the buyer’s perception. Updated kitchens and bathrooms are highly sought after. For example, modern kitchens with stainless steel appliances and granite countertops are frequently seen in more recent homes.
- Bedrooms and Bathrooms: The layout, size, and condition of these rooms will play a major role in the property’s appeal. The overall space and light influence the sense of comfort and convenience. Sufficient closet space and good lighting are key.
Landscaping and Surroundings
The landscaping will contribute significantly to the property’s curb appeal. A well-maintained yard with appropriate plantings can significantly increase the property’s value.
- Trees and Shrubs: Mature trees and shrubs offer shade and visual interest, increasing the property’s appeal. The presence of mature trees or the potential for planting them can significantly enhance the property’s value.
- Lawn and Garden: A well-maintained lawn and garden contribute to the overall attractiveness of the property. The presence of a well-kept lawn and garden can create a sense of peace and tranquility, a factor buyers often consider.
- Outdoor Living Spaces: Patios, decks, or other outdoor living spaces can increase the property’s value and appeal to buyers looking for outdoor relaxation areas.
Property Condition and Maintenance
Assessing the property’s condition is essential for determining its current state and potential maintenance needs.
- Structural Integrity: Inspecting the foundation, roof, and walls for any signs of damage or deterioration is crucial. Checking for structural issues is essential for buyers. A home with no visible signs of structural problems is highly desirable.
- Systems Inspection: Assessing the plumbing, electrical, and HVAC systems for any issues is critical. Proper functioning systems are essential to buyer comfort and satisfaction.
- General Repairs: Identifying any necessary repairs or maintenance tasks will provide a clear picture of the property’s current state and future needs. Knowing potential repairs will allow buyers to make informed decisions.
Estimated Renovation Costs (Table)
This table provides estimated renovation costs, which can vary greatly based on the specific needs and scope of the project.
| Exterior Feature | Estimated Renovation Cost |
|---|---|
| Roofing Replacement | $10,000 – $25,000 |
| Window Replacement | $5,000 – $15,000 |
| Exterior Painting | $2,000 – $5,000 |
| Interior Feature | Estimated Renovation Cost |
|---|---|
| Kitchen Remodel | $20,000 – $50,000 |
| Bathroom Remodel | $10,000 – $25,000 |
| Flooring Replacement | $3,000 – $10,000 |
