NOT LISTED FOR SALE

1106 W 5th Ave Gastonia, NC 28052

Estimated Value: $219,000 - $286,000

3 Beds
2 Baths
1,789 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $258,000 $144 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,521/month

Highlights

  • Open Floorplan
  • Deck
  • Front Porch
  • A-Frame Home
  • No HOA
  • 4-minute walk to Optimist Club Park

About This Home

As of March 2023

Beautifully updated home in the Loray Mill neighborhood is just minutes from downtown Gastonia. With 3 bedrooms and 2 full bathrooms is ready to move in and make it your home. Spacious kitchen, with plenty of cabinet space, stainless steel appliances, granite countertops, and a walk-in pantry. The home was remodeled in 2022 with new flooring throughout the main level, and updated kitchen and bathrooms. The upper level has new carpeting and a bedroom with two closets with a bonus area that can be used as an office space or sitting area. Level backyard with deck, front porch, and side driveway for 3 cars.

Don't miss this opportunity to own this well-appointed home that is minutes away from the new Baseball Park at
FUSE, the Franklin Urban Sports and Entertainment District in Gastonia, links the center city to the historic Loray Mill area.

Last Agent to Sell the Property

Rosalind Bethea

Keller Williams Ballantyne Area License #259093 Listed on: 01/24/2023

Keller Williams Ballantyne Area

Last Buyer's Agent

Nadine Morgan

Howard Hanna Allen Tate Center City License #319329

Howard Hanna Allen Tate Center City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1924

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R1A

Home Design

  • A-Frame Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • 3 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Firestone Textiles Inc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107602

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,269

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1924
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 144.21
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Cable Prewire, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1254
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 535
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1789
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1789
  • Bedroom Main: 2
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Vinyl, Wood
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, On Street, Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 107602
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 9, 2023
Sold by
Quest Trust Co
Bought by
Harvey Isaiah
Seller's Agent
Rosalind Bethea
Keller Williams Ballantyne Area
Buyer's Agent
Nadine Morgan
Howard Hanna Allen Tate Center City
List Price
$250,000
Sold Price
$258,000
Premium/Discount to List
$8,000
3.2%
Views
25
Current Estimated Value
$253,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,015
Avg. Annual Appreciation
-0.59%
Original Mortgage
$263,934
Outstanding Balance
$253,822
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$163

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 6, 2021
Sold by
Investear Llc
Bought by
Quest Trust Company
Seller's Agent
Claudia Gibbons
Coldwell Banker Realty
Buyer's Agent
Gregory Ray
United Investexusa 19 LLC
List Price
$98,000
Sold Price
$100,000
Premium/Discount to List
$2,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.19%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Dunne Stephanie L and The Dunne Family Trust
Bought by
Dunne Stephanie L and The Stephanie L Dunne Survivor

Purchase Details

Closed on
Dec 5, 2005
Sold by
Pace Lending & Investment Llc
Bought by
Dunne Family Living Trust

Purchase Details

Closed on
Sep 12, 2005
Sold by
Guerrero Lory
Bought by
Pace Lending & Investment Llc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Branch Banking & Trust Co
Bought by
Guerrero Lory and 1106 West 5Th Avenue Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Carpenter Kenneth S
Bought by
Branch Banking & Trust Co
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
Harvey Isaiah -- None Listed On Document
Harvey Isaiah $258,000 --
Quest Trust Company $126,000 None Available
Investcar Llc $100,000 None Available
Dunne Stephanie L -- None Available
Dunne Family Living Trust $62,000 --
Pace Lending & Investment Llc -- --
Pace Lending & Investment Llc -- --
Guerrero Lory $25,500 --
Branch Banking & Trust Co $41,842 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey Isaiah $263,934
Previous Owner Guerrero Lory $47,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $258,000 +3.2% $144 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $250,000 +150.0% $140 / Sq Ft
08/11/2021 08/11/21 Sold $100,000 +2.0% $56 / Sq Ft View Prior Sale
07/21/2021 07/21/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $98,000 -- $55 / 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 $2,269 $213,220 $10,500 $202,720
2024 $2,269 $212,260 $10,500 $201,760
2023 $2,143 $198,450 $10,500 $187,950
2022 $793 $59,640 $6,000 $53,640
2021 $805 $59,640 $6,000 $53,640
2020 $805 $59,640 $6,000 $53,640
2019 $811 $59,640 $6,000 $53,640
2018 $547 $39,101 $6,000 $33,101
2017 $547 $39,101 $6,000 $33,101
2016 $547 $39,101 $0 $0
2014 $925 $66,076 $10,000 $56,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3936480

Canopy MLS (Canopy Realtor® Association)

APN: 107602