NOT LISTED FOR SALE

1021 Gaston St Unit 1-6 Lincolnton, NC 28092

Estimated Value: $256,000 - $457,000

12 Beds
6 Baths
1,425 Sq Ft
$276/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $309,000 $217 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,497/month

32 Days on Market

About This Home

As of November 2019

This listing contains 3 duplexes (6 units) All units are currently tenant occupied, please do not disturb tenants. Rent for $500 per month (2 on Section 8) central a/c and heat. All units refurbished in 2012. City utilities, gated.
Properties sold together as are deeded together. Conveniently located to allow walking to shopping, restaurants, and medical retail and offices.

Last Agent to Sell the Property

Pamela Pearson

All Points Realty License #235922 Listed on: 09/11/2019

Last Buyer's Agent

Brandon Whitesides

Howard Hanna Allen Tate Gastonia License #306152

Howard Hanna Allen Tate Gastonia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.67

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Ranch Style House

Flooring

  • Wood
  • Tile

Additional Features

  • 6 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 50521

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96593
  • Ratio Close Price By Original Li: 0.96593
  • Ratio Current Price By Acre: 459821.43
  • Ratio Current Price By Sq Ft: 216.84
  • Year Built: 1946
  • Property Features: Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Equipment: Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Tile, Wood
  • Laundry Location: Kitchen
  • Total Sq Ft: 1425

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Lincolnton
  • High School: Lincolnton

Lot Info

  • Lot Size Area: 0.672
  • Parcel Number: 50521
  • Zoning Specification: R-8

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 165327.00
  • Tax Location: Lincoln

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 22, 2019
Sold by
Hartsoe Properties Llc
Bought by
Bbgm Llc
Seller's Agent
Pamela Pearson
All Points Realty
Buyer's Agent
Brandon Whitesides
Howard Hanna Allen Tate Gastonia
List Price
$319,900
Sold Price
$309,000
Premium/Discount to List
-$10,900
-3.41%
Current Estimated Value
$392,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,940
Avg. Annual Appreciation
4.16%
Original Mortgage
$249,900
Outstanding Balance
$219,407
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$173,533

Purchase Details

Closed on
Oct 9, 2012
Sold by
Lieu Co Hon and Lieu Lan Thuy
Bought by
Hartsoe Porperties Llc

Purchase Details

Closed on
Aug 31, 2012
Sold by
Lam Minh Thanh
Bought by
Lieu Co Hon and Lieu Lan Thuy

Purchase Details

Closed on
Apr 21, 2006
Sold by
Nguyen Kim Anh and Lam Kim Anh
Bought by
Lam Minh Thanh

Purchase Details

Closed on
May 1, 1992
Bought by
Nguyen Kim Anh Thi and Lieu Con Hon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bbgm Llc $309,000 None Available
Hartsoe Porperties Llc $117,000 None Available
Lieu Co Hon -- None Available
Lam Minh Thanh -- None Available
Nguyen Kim Anh Thi $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbgm Llc $249,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $309,000 -3.4% $217 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $319,900 -- $224 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,957 $412,109 $28,819 $383,290
2024 $4,837 $412,109 $28,819 $383,290
2023 $4,807 $412,109 $28,819 $383,290
2022 $3,386 $228,693 $22,081 $206,612
2021 $3,386 $228,693 $22,081 $206,612
2020 $2,651 $228,693 $22,081 $206,612
2019 $2,293 $197,817 $22,081 $175,736
2018 $2,542 $165,327 $27,500 $137,827
2017 $1,936 $165,327 $27,500 $137,827
2016 $1,936 $165,327 $27,500 $137,827
2015 $2,413 $165,327 $27,500 $137,827
2014 -- $144,873 $31,500 $113,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3549076

Canopy MLS (Canopy Realtor® Association)

APN: 50521