Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 26M+ properties All 50 states Methodology

116 Sherwood Dr

Bessemer City, NC 28016

3 bd 2 ba 2,647 sqft Built 1964 Lot 24,829 sqft single_family
Most recent sale
$290,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $290,000 CanopyMLS
Sep 25, 2023 Listed $294,000 CanopyMLS
Apr 5, 2022 Sold $259,000 Public Record
Jun 21, 2013 Sold $107,900 CanopyMLS
Feb 27, 2013 Relisted $118,000 CanopyMLS
Feb 21, 2013 Listing removed $118,000 CanopyMLS
Nov 20, 2012 Price changed $118,000 CanopyMLS
Aug 27, 2012 Listed $124,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $236,370 $17,500 $253,870 $2,916
2024 $236,370 $17,500 $253,870 $2,916
2023 $237,040 $17,500 $254,540 $2,698
2022 $117,080 $12,500 $129,580 $1,632
2021 $117,080 $12,500 $129,580 $1,658
2020 $117,080 $12,500 $129,580 $1,658
2019 $117,080 $12,500 $129,580 $1,671
2018 $90,813 $14,400 $105,213 $1,409
2017 $90,813 $14,400 $105,213 $1,388
2016 $90,813 $14,400 $105,213 $1,388
2015 $90,813 $14,400 $105,213 $1,367
2014 $82,852 $13,500 $96,352 $1,252
2013 $82,852 $13,500 $96,352 $1,252
2012 $82,852 $13,500 $96,352 $1,218
2010 $82,852 $13,500 $96,352 $1,218
2009 $82,852 $13,500 $96,352 $1,199
2008 $82,852 $13,500 $96,352 $1,199
2007 $82,852 $13,500 $96,352 $1,204

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,647 sqft
Lot size
24,829 sqft
ZIP code
28016
City
Bessemer City
Street
Sherwood Dr
Coordinates
35.29582, -81.28848

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,740
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 116 Sherwood Dr last sell?
116 Sherwood Dr most recently sold on Nov 30, 2023 for $290,000.
What is the current tax assessment for 116 Sherwood Dr?
The most recent total assessment for 116 Sherwood Dr (year 2025) is $253,870 with $2,916 in property tax.
How does 116 Sherwood Dr's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $290,000.
When was 116 Sherwood Dr built?
116 Sherwood Dr was built in 1964.
How does 116 Sherwood Dr compare to others on Sherwood Dr?
We track 8 other properties on Sherwood Dr. Browse the list under "Other properties on Sherwood Dr" to compare beds, baths, and sale history.
What are the property facts for 116 Sherwood Dr?
116 Sherwood Dr is a 3 bed, 2 bath, 2,647 sqft, 24,829 sqft lot single_family.
Is 116 Sherwood Dr a flip candidate?
No — 116 Sherwood Dr does not appear in our flips dataset.
Is 116 Sherwood Dr a tax-appeal candidate?
No — 116 Sherwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$306.9K
2026 Q4
$314.7K
ZIP 28016 — Median Price History + Forecast

Explore nearby