NOT LISTED FOR SALE

118 Old Hanks Rd Gastonia, NC 28056

Estimated Value: $174,000 - $273,000

2 Beds
1 Bath
1,140 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $43,000 $38 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $1,393/month

12 Days on Market

About This Home

As of April 2018

Ideal location with privacy. Fenced in pasture.Ranch style home with 2 beds and 1 bath. Spacious living area.Excellent opportunity for the home improvement buyer. Previous owner started rehab on interior. Now needs finishing touches to turn into a country bungalow.

Last Agent to Sell the Property

Scott Hobbs

Capstone Commercial Group LLC License #237603 Listed on: 03/02/2018

Capstone Commercial Group LLC

Last Buyer's Agent

Robert Nunez

New Beginnings Real Estate Group, LLC License #236684

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 1.93

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Fenced For Cattle
  • Well

Listing and Financial Details

  • Assessor Parcel Number 185038

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.43333
  • Ratio Close Price By Original Li: 1.43333
  • Ratio Current Price By Acre: 22279.79
  • Ratio Current Price By Sq Ft: 37.72
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1140
  • Total Sq Ft: 1140

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Pasture

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 1.93
  • Lot Size Area: 1.930
  • Parcel Number: 185038
  • Plat Reference Section Pages: 0468
  • Zoning Specification: R1

Tax Info

  • Tax Value: 68828.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Fuentes Carlos A and Pena Rosa A
Bought by
Pena Olvin J Gonzales and Flores Doris
Current Estimated Value
$237,994

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 23, 2018
Sold by
Wells Fargo Bank Na
Bought by
Fuentes Carlos A
Seller's Agent
Scott Hobbs
Capstone Commercial Group LLC
Buyer's Agent
Robert Nunez
New Beginnings Real Estate Group, LLC
List Price
$30,000
Sold Price
$43,000
Premium/Discount to List
$13,000
43.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.31%

Purchase Details

Closed on
Oct 18, 2017
Sold by
Benson Benjamin C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 16, 2017
Sold by
Benson Benjamin C
Bought by
Parker D Fence Co Inc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Moore Tracy Lynn and Lea Tracy Lynn Moore
Bought by
Moore Tracy Lynn
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
Pena Olvin J Gonzales -- None Listed On Document
Pena Olvin J Gonzales -- None Listed On Document
Fuentes Carlos A $43,000 None Available
Wells Fargo Bank Na $85,500 None Available
Parker D Fence Co Inc $1,000 None Available
Moore Tracy Lynn -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $43,000 +43.3% $38 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $30,000 -- $26 / 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 $1,159 $162,310 $34,130 $128,180
2024 $1,159 $162,310 $34,130 $128,180
2023 $1,128 $162,310 $34,130 $128,180
2022 $799 $86,830 $23,600 $63,230
2021 $824 $86,830 $23,600 $63,230
2019 $815 $86,830 $23,600 $63,230
2018 $727 $73,440 $17,563 $55,877
2017 $712 $73,440 $17,563 $55,877
2016 $668 $68,828 $0 $0
2014 $141 $69,006 $27,180 $41,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3365856

Canopy MLS (Canopy Realtor® Association)

APN: 185038