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505 Skyland Dr

Bessemer City, NC 28016

3 bd 1 ba 875 sqft Built 1966 Lot 30,492 sqft single_family
Most recent sale
$225,000
Mar 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2024 Sold $225,000 CanopyMLS
Feb 21, 2024 Listed $225,000 CanopyMLS
Mar 17, 1998 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,980 $12,000 $157,980 $1,815
2024 $145,980 $12,000 $157,980 $895
2022 $40,700 $8,500 $49,200 $619
2020 $40,700 $8,500 $49,200 $629
2019 $40,700 $8,500 $49,200 $634
2018 $31,676 $6,000 $37,676 $504
2017 $31,676 $6,000 $37,676 $497
2016 $31,676 $6,000 $37,676 $497
2015 $31,676 $6,000 $37,676 $489
2014 $40,660 $10,500 $51,160 $665
2013 $40,660 $10,500 $51,160 $665
2012 $40,660 $10,500 $51,160 $647
2010 $40,660 $10,500 $51,160 $647
2009 $40,660 $10,500 $51,160 $636
2008 $40,660 $10,500 $51,160 $636
2007 $40,660 $10,500 $51,160 $639

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
875 sqft
Lot size
30,492 sqft
ZIP code
28016
City
Bessemer City
Street
Skyland Dr
Coordinates
35.27434, -81.29748

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
$1,181
Gross rental yield
6.30%
Implied cap rate
4.09%
Trend-extrapolated value

Frequently asked questions

When did 505 Skyland Dr last sell?
505 Skyland Dr most recently sold on Mar 28, 2024 for $225,000.
What is the current tax assessment for 505 Skyland Dr?
The most recent total assessment for 505 Skyland Dr (year 2025) is $157,980 with $1,815 in property tax.
How does 505 Skyland Dr's assessment compare to its last sale price?
The current assessment is 29.8% below the last sale price of $225,000.
When was 505 Skyland Dr built?
505 Skyland Dr was built in 1966.
How does 505 Skyland Dr compare to others on Skyland Dr?
We track 8 other properties on Skyland Dr. Browse the list under "Other properties on Skyland Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Skyland Dr?
505 Skyland Dr is a 3 bed, 1 bath, 875 sqft, 30,492 sqft lot single_family.
Is 505 Skyland Dr a flip candidate?
No — 505 Skyland Dr does not appear in our flips dataset.
Is 505 Skyland Dr a tax-appeal candidate?
No — 505 Skyland 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

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