$337,500
SOLD JUL 24, 2025

1047 Us Highway 158 W Gates, NC 27937

3 Beds
2 Baths
1,761 Sq Ft
0.96 Acres

Recently Sold

$192 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Second Garage
  • 1 Fireplace
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Formal Dining Room

About This Home

As of July 2025

Escape to peaceful country living in this charming property located just off of Hwy 158 in Gates, NC! This beautifully updated and well-maintained home offers the perfect blend of serene rural life and modern convenience, ideal for those seeking a quiet retreat with room to roam.- **Spacious Lot**: Enjoy wide-open spaces perfect for embracing the beauty of nature and starry night skies.- **Massive 1,200 Sq. Ft (30'x40') Detached Metal Building**: A dream space for hobbyists and adventurers! Store your ATVs, RVs, automobiles, or create the ultimate workshop for all your toys.- **Peaceful Country Living**: Experience the calm of rural life with plenty of room to relax, garden, or entertain.- **Convenient Location**: Great location for commuters. Located along U.S. HWY 158 W, offering easy access to nearby towns while maintaining that countryside charm.Whether you're looking to escape the hustle and bustle or need space for your recreational vehicles and projects, this property has it all. Don't miss your chance to own this slice of paradise in Gates, NC!

Last Agent to Sell the Property

Debbie Morrisette

Berkshire Hathaway HomeServices RW Towne Realty/Moyock Listed on: 05/20/2025

Berkshire Hathaway HomeServices RW Towne Realty/Moyock

Last Buyer's Agent

Alexandra Marshall

Atlantic Sothebys International Realty License #312697

Atlantic Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1953

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 150x287x86x52x295
  • Property is zoned A-1

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,761 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Car Detached Garage
  • Second Garage
  • Gravel Driveway
  • Additional Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

  • Buckland Elementary School
  • Central Middle School
  • Gates County High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-00476

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,881

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1953
  • Trash Collection: Private Service
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood, LVT/LVP
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Solid Surface, Walk-In Closet(s), Walk-in Shower, Master Downstairs, Gas Log, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Laundry Room, Hookup - Washer
  • List Price per Sq Ft: 193.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1761.00
  • Total Heated Primary Separate Sq Ft: 1761.00

Exterior Features

  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Exterior Structures: Second Garage, Workshop
  • Fencing: None
  • Foundation: Block, Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 5.00
  • Garage And Parking Driveway Spaces: 6.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 5.00
  • Parking Driveway: Additional Parking, Workshop in Garage, Gravel, Detached, Circular Driveway

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Gas Oven, Gas Cooktop, Dryer
  • Cooling System: Central Air
  • Fuel Tank: Fuel Tank
  • Heating System: Fireplace(s), Forced Air
  • Service Providers Electric Provider: Dominion Electric
  • Service Providers Water Provider: Gates County
  • Utilities: Cable Available, Water Connected
  • Water Heater: Electric
  • Internet Service Provider: Spectrum, FYBE
  • HeatingSystemFuelSource: Electric, Propane

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 387.00
  • Lot Acres: 0.96
  • Lot Dimensions: 150x287x86x52x295
  • Lot Sq Ft: 41818.00
  • Lot Water Features: None
  • Plat Book: 367
  • Plat Page: 241
  • Zoning: A-1

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 02-00476
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 1881.43

MLS Schools

  • Elementary School: Buckland Elementary
  • High School: Gates County High
  • Middle School: Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Jul 17, 2025
Sold by
Allen Britt Greg and Myers Monica
Bought by
Trusty Adam Paul
Seller's Agent
Debbie Morrisette
Berkshire Hathaway HomeServices RW Towne Realty/Moyock
Buyer's Agent
Alexandra Marshall
Atlantic Sothebys International Realty
List Price
$339,900
Sold Price
$337,500
Premium/Discount to List
-$2,400
-0.71%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.49%
Original Mortgage
$167,500
Outstanding Balance
$167,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$167,019

Purchase Details

Closed on
Sep 15, 2015
Sold by
Smith Terry W and Smith Jenice C
Bought by
Britt Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Newsome Larry and Newsome Michelle
Bought by
Newsome Michelle and Britt Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2000
Bought by
Newsome Larry Wayne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $337,500 None Listed On Document
Warranty Deed $153,000 None Available
Warranty Deed -- None Available
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,500 New Conventional
Previous Owner $155,000 New Conventional
Previous Owner $117,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $337,500 -0.7% $192 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $339,900 -- $193 / Sq Ft
Source: Hive MLS

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
2024 $1,881 $189,456 $34,501 $154,955
2023 $1,784 $177,818 $34,501 $143,317
2022 $1,784 $177,818 $34,501 $143,317
2021 $1,695 $177,818 $34,501 $143,317
2020 $1,695 $177,818 $34,501 $143,317
2019 $1,695 $17,781,800 $3,450,100 $14,331,700
2018 $1,401 $177,818 $34,501 $143,317
2017 $1,351 $177,818 $0 $0
2016 -- $194,024 $0 $0
2015 -- $160,709 $0 $0
2014 -- $160,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100508690

Hive MLS

APN: 02-00476