NOT LISTED FOR SALE

1501 Madison St Gastonia, NC 28052

Estimated Value: $110,000 - $198,000

2 Beds
1 Bath
840 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $85,000 $101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,035/month

About This Home

As of January 2017

Come see to believe! This beautiful 2 bedroom, 1 bathroom cute bungalow is a MUST SEE! It features a cozy floorplan, nice kitchen with all appliances included, fresh paint throughout, new carpet, and a nice backyard. Call us today for a viewing!

Last Agent to Rent the Property

Michael Bowman

Carolina Residential Group LLC License #271936 Listed on: 12/14/2016

Last Renter's Agent

Michael Bowman

Carolina Residential Group LLC License #271936 Listed on: 12/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1950

Lot Details

  • 10,454

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 1 Full Bathroom

Community Details

  • Pet Deposit $200

Listing and Financial Details

  • Security Deposit $750
  • Tenant pays for all utilities
  • Available 12/14/16
  • Assessor Parcel Number 113325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,861

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 Year
  • Available Date: 12/14/2016
  • Pet Deposit: 200
  • Deposit Security: 750
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: Duplex
  • Property Sub Type Secondary: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94340
  • Ratio Current Price By Sq Ft: 0.89
  • Unit Floor Level: 2
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Range, Microwave, Refrigerator, Exhaust Hood, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Total Sq Ft: 840

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Central Air, Heat Pump - Heat

Lot Info

  • Parcel Number: 113325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jul 21, 2016
Sold by
Management Office Llc
Bought by
1501 Madison Land Trust
Seller's Agent
Bonnie Laslo
Real Estate Realty LLC
Buyer's Agent
Michael Bowman
Carolina Residential Group LLC
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$168,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,050
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Feb 8, 2013
Sold by
Binder Barbara D
Bought by
Dennis Melonie Elaine
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
1501 Madison Land Trust $85,000 None Available
Dennis Melonie Elaine -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2017 01/24/17 Rented $750 -5.7% --
12/25/2016 12/25/16 Under Contract -- -- --
12/14/2016 12/14/16 For Rent $795 0.0% --
07/22/2016 07/22/16 Sold $85,000 -5.6% $51 / Sq Ft View Prior Sale
05/01/2016 05/01/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $90,000 -- $54 / 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 $1,861 $174,120 $13,500 $160,620
2024 $1,861 $174,120 $13,500 $160,620
2023 $1,881 $174,120 $13,500 $160,620
2022 $1,280 $96,230 $10,000 $86,230
2021 $1,299 $96,230 $10,000 $86,230
2019 $1,309 $96,230 $10,000 $86,230
2018 $1,644 $117,424 $24,000 $93,424
2017 $1,644 $117,424 $24,000 $93,424
2016 $1,602 $114,413 $0 $0
2014 $1,204 $85,968 $15,000 $70,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3237529

Canopy MLS (Canopy Realtor® Association)

APN: 113325