NOT LISTED FOR SALE

117 W 5th Ave Gastonia, NC 28052

Estimated Value: $173,000 - $206,000

2 Beds
1 Bath
1,085 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $103,300 $95 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,190/month

5 Days on Market

Highlights

  • Cottage
  • Storm Doors
  • Vinyl Flooring

About This Home

As of September 2019

Charming 2 bedroom/ 1 bathroom bungalow near Historic downtown Gastonia. House is move in ready with a fresh new paint job & new carpet throughout. This could be the perfect home for a small family or a great investment property. Previously, this home was rented for $850 a month.

Last Agent to Sell the Property

Lauren Spiegel

EXP Realty LLC Ballantyne License #280856 Listed on: 08/02/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

Shelton Riley

Costello Real Estate and Investments LLC License #107456

Costello Real Estate and Investments LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • Gravel Driveway

Home Design

  • Cottage

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Vinyl Flooring
  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 108900

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98381
  • Ratio Close Price By Original Li: 0.98381
  • Ratio Current Price By Acre: 688666.67
  • Ratio Current Price By Sq Ft: 95.21
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Dryer, Washer
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1085
  • Total Sq Ft: 1085

Exterior Features

  • Construction: Hard Stucco, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: On-Street Parking, Parking Space - 1

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.150
  • Parcel Number: 108900
  • Plat Reference Section Pages: 1561
  • Zoning Specification: R1

Tax Info

  • Tax Value: 73500.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 6, 2019
Sold by
Quilty Shayna Shenk
Bought by
Verastegui Walter Nelson and Verastegui Laura
Seller's Agent
Lauren Spiegel
EXP Realty LLC Ballantyne
Buyer's Agent
Shelton Riley
Costello Real Estate and Investments LLC
List Price
$105,000
Sold Price
$103,300
Premium/Discount to List
-$1,700
-1.62%
Total Days on Market
5
Current Estimated Value
$186,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,300
Avg. Annual Appreciation
10.85%
Original Mortgage
$82,613
Outstanding Balance
$73,287
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$113,313

Purchase Details

Closed on
Nov 12, 2003
Sold by
Citifinancial Mortgage Co
Bought by
Bolt French E and Bolt Paige F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Crenshaw Wendel K
Bought by
Citifinancial Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Whitaker Jeffrey Paul
Bought by
Crenshaw Wendel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,785
Interest Rate
6.92%
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 Buyer Sale Price Title Company
Verastegui Walter Nelson $105,000 None Available
Bolt French E $25,000 Bb&T
Citifinancial Mortgage Co $29,300 --
Crenshaw Wendel K $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verastegui Laura $15,651
Open Verastegui Walter Nelson $82,613
Previous Owner Bolt French E $37,000
Previous Owner Crenshaw Wendel K $34,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $103,300 -1.6% $95 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $105,000 -- $97 / 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
2024 $1,717 $160,620 $11,000 $149,620
2023 $1,735 $160,620 $11,000 $149,620
2022 $983 $73,880 $8,000 $65,880
2021 $997 $73,880 $8,000 $65,880
2019 $1,000 $73,500 $8,000 $65,500
2018 $366 $26,148 $8,400 $17,748
2017 $366 $26,148 $8,400 $17,748
2016 $366 $26,148 $0 $0
2014 $653 $46,623 $16,500 $30,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3535992

Canopy MLS (Canopy Realtor® Association)

APN: 108900