NOT LISTED FOR SALE

1618 W Mcfarland Ave Gastonia, NC 28052

Estimated Value: $139,000 - $168,213

2 Beds
1 Bath
854 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $89,900 $105 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $949/month

20 Days on Market

About This Home

As of December 2019

Beautiful Bungalow style home located in Gastonia. Rocking chair style front porch. Open kitchen with ample cabinet space. Cozy living room with mantle. Lots of natural light entering. Spacious 2 bedrooms. Close to shopping, entertainment and easy access to I-85! This home is currently tenant occupied at $850/month through 10/31/2020.

Last Agent to Sell the Property

Michael Bowman

Carolina Residential Group LLC License #271936 Listed on: 10/28/2019

Last Buyer's Agent

Bill Ahls

NHB Group, Inc. License #249935

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7,405

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Additional Features

  • Laminate Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 107087

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 528823.53
  • Ratio Current Price By Sq Ft: 105.27
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), CO Detector, Electric Dryer Hookup, Electric Range, Exhaust Fan, Electric Oven
  • Flooring: Carpet, Laminate Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 854
  • Total Sq Ft: 854

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.170
  • Parcel Number: 107087
  • Zoning Specification: R1

Tax Info

  • Tax Value: 58630.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Leatherwood Timothy and Leatherwood Alissa
Bought by
Tlc Estates Llc
Current Estimated Value
$154,675

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 12, 2019
Sold by
Olmsted Lan and Olmsted Catherine
Bought by
Leatherwood Timothy and Leatherwood Alissa
Seller's Agent
Michael Bowman
Carolina Residential Group LLC
Buyer's Agent
Bill Ahls
NHB Group, Inc.
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$71,920
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2017
Closed on
Jun 27, 2018
Sold by
Lowery Bradley Duwayne
Bought by
Olmsted Ian
Seller's Agent
Robert Pompey
Legacy Real Estate Services LLC
Buyer's Agent
Curtis Gravitt
Covenant Realty
List Price
$74,500
Sold Price
$60,000
Premium/Discount to List
-$14,500
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.91%
Original Mortgage
$45,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2018
Sold by
Pampey Robert
Bought by
Lowery Bradley Duwayne

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 20, 2017
Sold by
Smith Donald G and Smith Sarah B
Bought by
Lowery Bradley D and Pompey Robert
Seller's Agent
Lauren Spiegel
EXP Realty LLC Ballantyne
Buyer's Agent
Robert Pompey
Legacy Real Estate Services LLC
List Price
$42,000
Sold Price
$35,000
Premium/Discount to List
-$7,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Original Mortgage
$32,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Gardner Greg and Gardner Amy
Bought by
Smith Donald G and Smith Sarah B
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
Tlc Estates Llc -- None Available
Leatherwood Timothy $90,000 None Available
Olmsted Ian $60,000 None Available
Lowery Bradley Duwayne -- None Available
Lowery Bradley D $35,000 None Available
Smith Donald G $16,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tlc Estates Llc $173,250
Previous Owner Leatherwood Timothy $73,600
Previous Owner Leatherwood Timothy $71,920
Previous Owner Olmsted Ian $45,000
Previous Owner Lowery Bradley D $32,500
Previous Owner Smith Donald Gerald $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $89,900 0.0% $105 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $89,900 +49.8% $105 / Sq Ft
06/27/2018 06/27/18 Sold $60,000 -19.5% $70 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
10/08/2017 10/08/17 For Sale $74,500 +112.9% $87 / Sq Ft
09/20/2017 09/20/17 Sold $35,000 -16.7% $40 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $42,000 -- $48 / 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 $1,266 $118,410 $15,000 $103,410
2023 $1,279 $118,410 $15,000 $103,410
2022 $780 $58,630 $8,000 $50,630
2021 $792 $58,630 $8,000 $50,630
2020 $792 $58,630 $8,000 $50,630
2019 $797 $58,630 $8,000 $50,630
2018 $463 $33,072 $10,800 $22,272
2017 $463 $33,072 $10,800 $22,272
2016 $463 $33,072 $0 $0
2014 $490 $35,001 $10,000 $25,001
Source: Public Records

Agents Affiliated with this Home

  • Michael Bowman

    Seller's Agent in 2019

    Michael Bowman

    Carolina Residential Group LLC

    (704) 659-5286

    2 in this area

    10 Total Sales

    Section Image
  • Bill Ahls

    Buyer's Agent in 2019

    Bill Ahls

    NHB Group, Inc.

    (800) 929-1632

    69 Total Sales

    Section Image

  • R

    Seller's Agent in 2018

    Robert Pompey

    Legacy Real Estate Services LLC

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Brad Lowery

    Keller Williams South Park

  • Curtis Gravitt

    Buyer's Agent in 2018

    Curtis Gravitt

    Covenant Realty

    (980) 318-8010

    13 in this area

    40 Total Sales

    Section Image

  • L

    Seller's Agent in 2017

    Lauren Spiegel

    EXP Realty LLC Ballantyne

    (704) 860-5368

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3564097

Canopy MLS (Canopy Realtor® Association)

APN: 107087

North Carolina Gaston County Gastonia 28052

1618 W Mcfarland Ave, Gastonia, NC

This home is located at 1618 W Mcfarland Ave, Gastonia, NC 28052 since 28 October 2019 and is currently estimated at $159,053, approximately $186 per square foot. This property was built in 1936. 1618 W Mcfarland Ave is a home located in Gaston County with nearby schools including Edward D. Sadler, Jr. Elementary School, Southwest Middle School, and Hunter Huss High School.

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