NOT LISTED FOR SALE

1517 W May Ave Gastonia, NC 28052

Estimated Value: $101,000 - $159,000

2 Beds
1 Bath
949 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $70,000 $74 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $835/month

15 Days on Market

Highlights

  • Fruit Trees
  • Corner Lot
  • 1-Story Property

About This Home

As of January 2021

Calling all Investors, Homes in the area that have been renovated are going in the $120's! Huge ROI potential with low risk! Home's flooring was removed to start renovations but never finished. Area also has potential to be rezoned as commercial if interested!

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 11/05/2020

Mark Spain Real Estate

Co-Listed By

Margaret Craker

Mark Spain Real Estate License #314912

Last Buyer's Agent

Paola Alban

Paola Alban, REALTORS License #245954

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Corner Lot
  • Open Lot
  • Cleared Lot
  • Fruit Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 103042

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.82353
  • Ratio Close Price By Original Li: 0.82353
  • Ratio Current Price By Acre: 69306.93
  • Ratio Current Price By Sq Ft: 73.76
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 949
  • Total Sq Ft: 949

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot, Fruit Trees, Open Lot
  • Lot Size Area: 1.010
  • Parcel Number: 103042
  • Zoning Specification: R1

Tax Info

  • Tax Value: 26720.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 4, 2021
Sold by
Dohallow Thomas James and Dohallow Tina Marie
Bought by
Avellaneda Avelino Lopez
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Paola Alban
Paola Alban, REALTORS
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Current Estimated Value
$138,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,640
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Peeler Jerry L and Cloninger Coleen H
Bought by
Dohallow Thomas J
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
Avellaneda Avelino Lopez $70,000 None Available
Dohallow Thomas J $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $70,000 -17.6% $74 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $85,000 -- $90 / 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 $1,222 $114,310 $15,350 $98,960
2024 $1,222 $114,310 $15,350 $98,960
2023 $1,235 $114,310 $15,350 $98,960
2022 $516 $38,780 $8,030 $30,750
2021 $361 $26,720 $8,030 $18,690
2020 $361 $26,720 $8,030 $18,690
2019 $363 $26,720 $8,030 $18,690
2018 $351 $25,085 $8,027 $17,058
2017 $351 $25,085 $8,027 $17,058
2016 $351 $25,085 $0 $0
2014 $591 $42,191 $16,040 $26,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3679616

Canopy MLS (Canopy Realtor® Association)

APN: 103042