NOT LISTED FOR SALE

1615 W Mcfarland Ave Gastonia, NC 28052

Estimated Value: $119,318 - $840,000

16 Beds
8 Baths
6,809 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $520,000 $76 Per Sq Ft

Current estimated payment $837/month

About This Home

As of April 2020

8 unit rental portfolio, all rented. Addresses are 1613 and 1615 W McFarland, 815,819,821,823 W Davidson, 1322 Ware, 1408 Essex

Last Agent to Sell the Property

Bonnie Laslo

Real Estate Realty LLC License #279057 Listed on: 04/08/2020

Co-Listed By

Alexander Reyes

Clear Sky Realty LLC License #287201

Last Buyer's Agent

Curtis Waters

Real Estate Realty LLC License #285129

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.64

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 8 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 107168

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 317073.17
  • Ratio Current Price By Sq Ft: 76.37
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Equipment: Electric Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 6809

Exterior Features

  • Construction: Fiber Cement, Hardboard Siding, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, Heat Pump - AC, Heat Pump - Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: varies
  • Lot Size Area: 1.640
  • Parcel Number: 107168
  • Plat Book Slide: 001-153
  • Zoning Specification: Res

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 288000.00
  • Tax Location: Gastonia

Multi Family

  • Unit Count: 8
  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Apr 6, 2020
Sold by
Serrano Properties Llc
Bought by
Milam Sengthiene B and Safe Refuge Trust
Seller's Agent
Bonnie Laslo
Real Estate Realty LLC
Buyer's Agent
Curtis Waters
Real Estate Realty LLC
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$140,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$379,179
Avg. Annual Appreciation
-21.78%

Purchase Details

Closed on
Aug 13, 2015
Sold by
Winchester Roy Walter and Winchester Julie A
Bought by
Seagraves James

Purchase Details

Closed on
Apr 1, 1991
Bought by
Winchester Roy Walter
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
Milam Sengthiene B $520,000 None Available
Seagraves James $11,000 Attorney
Winchester Roy Walter $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winchester Roy Walter $35,854
Previous Owner Winchester Roy Walter $7,586
Previous Owner Winchester Roy Walter $14,086
Previous Owner Winchester Roy Walter $25,620
Previous Owner Winchester Roy Walter $29,318
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $520,000 0.0% $76 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $520,000 -- $76 / 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 $843 $78,880 $15,000 $63,880
2023 $852 $78,880 $15,000 $63,880
2022 $482 $36,240 $8,000 $28,240
2021 $489 $36,240 $8,000 $28,240
2019 $493 $36,240 $8,000 $28,240
2018 $458 $32,695 $10,800 $21,895
2017 $458 $32,695 $10,800 $21,895
2016 $458 $32,695 $0 $0
2014 $540 $38,548 $13,500 $25,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610686

Canopy MLS (Canopy Realtor® Association)

APN: 107168