NOT LISTED FOR SALE

116 W 5th Ave Gastonia, NC 28052

Estimated Value: $185,000 - $253,000

3 Beds
2 Baths
1,154 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $240,000 $208 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,343/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Laundry Room
  • Arts and Crafts Architecture
  • Wrap Around Porch
  • 1-Story Property

About This Home

As of February 2024

WELCOME HOME to 116 W Fifth Ave! Have you been waiting for a bungalow that exudes old world charm w/ the convenience of modern updates? This gorgeous 1900's home is the perfect blend of old meets new! Impress your friends w/ a well designed space, offering ample rm for entertaining inside & out. '22 HVAC. 2016 Roof per previous owners. 10ft ceilings in most rooms + spacious rm sizes. Can function as a 3 bed or 2 bed + office/den. Enjoy the covered wrap around porch, back deck, & covered patio. 1 block from Gastonia's coveted York Chester historic district + a short distance to dtown Gastonia & FUSE district. Approx. 35 mins to uptown Charlotte. 25 mins to CLT airport. Lots of nearby conveniences. HUGE walk-in crawl /unfinished basement offers extra storage. Even better: all of the beautiful furnishings are negotiable! Sellers converted to Air BNB last year. Turn-key for both investors & owner occupants! Be prepared to fall in love!

Last Agent to Sell the Property

Amy Sterner

Southern Homes of the Carolinas, Inc Brokerage Email: amysternerrealestate@gmail.com License #278525 Listed on: 12/19/2023

Co-Listed By

Tom Robisky

Southern Homes of the Carolinas, Inc Brokerage Email: amysternerrealestate@gmail.com License #278272

Last Buyer's Agent

Jeffrey Clay

JClay Realty Group LLC License #274346

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Property is zoned R1

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Patio

Schools

  • Sherwood Elementary School
  • Hunter Huss High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 108772

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Bungalow, Cottage
  • Year Built: 1900
  • Restrictions Description: Cannot block shared driveway
  • Special Assessment Description: NA
  • Proposed Special Assessment Desc: NA
  • Road Surface Type: Dirt, Other, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.97
  • Geocode Confidence: High
  • Attribution Contact: amysternerrealestate@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Flooring: Linoleum, Tile, Wood
  • Interior Amenities: Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1154
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1154
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other - See Remarks
  • Living Area: 1154
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Chain Link, Partial
  • Exclusions: None
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street, Shared Driveway

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 108772
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Sherwood
  • High School: Hunter Huss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Feb 13, 2024
Sold by
Wright Joseph Bradley and Wright Seann Riley
Bought by
Harnage Donavan Jordan
Seller's Agent
Amy Sterner
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jeffrey Clay
JClay Realty Group LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
101
Current Estimated Value
$224,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,075
Avg. Annual Appreciation
-3.07%
Original Mortgage
$235,653
Outstanding Balance
$231,496
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$6,571

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 16, 2019
Sold by
Jennings Matthew John
Bought by
Wright Joseph Bradley
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Breanne Flowers
Keller Williams Ballantyne Area
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$148,117
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 17, 2016
Sold by
Bullard Carol
Bought by
Jennings Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,908
Interest Rate
3.73%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Toro Amanda
Bought by
North Carolina Housing Finance Agency

Purchase Details

Closed on
Nov 30, 2007
Sold by
S & D Horizons Llc
Bought by
Toro Amanda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2001
Sold by
Mcclure C David and Mcclure Scottie Ann
Bought by
S & D Horizons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.6%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Warren Brenda Faye M
Bought by
Mcclure C David and Mcclure Scottie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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
Harnage Donavan Jordan $240,000 Integrated Title
Wright Joseph Bradley $145,000 None Available
Jennings Matthew -- --
North Carolina Housing Finance Agency $17,000 None Available
Toro Amanda Lee $46,500 None Available
S & D Horizons Llc -- --
Mcclure C David $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harnage Donavan Jordan $235,653
Previous Owner Wright Joseph Bradley $148,117
Previous Owner Jennings Matthew $81,908
Previous Owner Jennings Matthew --
Previous Owner Toro Amanda Lee $46,900
Previous Owner S & D Horizons Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $240,000 -2.0% $208 / Sq Ft
12/19/2023 12/19/23 For Sale $245,000 +69.0% $212 / Sq Ft
12/17/2019 12/17/19 Sold $145,000 -3.3% $124 / Sq Ft View Prior Sale
11/16/2019 11/16/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $150,000 -- $129 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,058 $192,480 $30,000 $162,480
2024 $2,023 $192,480 $30,000 $162,480
2023 $2,044 $189,260 $30,000 $159,260
2022 $1,501 $112,830 $24,000 $88,830
2021 $1,523 $112,830 $24,000 $88,830
2019 $1,534 $112,830 $24,000 $88,830
2018 $1,334 $95,316 $24,000 $71,316
2017 $1,334 $95,316 $24,000 $71,316
2016 $1,334 $95,316 $0 $0
2014 $911 $65,089 $22,500 $42,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4091859

Canopy MLS (Canopy Realtor® Association)

APN: 108772

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