NOT LISTED FOR SALE

1806 W 3rd Ave Gastonia, NC 28052

Estimated Value: $108,947 - $342,000

8 Beds
4 Baths
2,839 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $350,000 $123 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $1,140/month

16 Days on Market

Highlights

  • Covered Patio or Porch
  • Living Room
  • Laundry Room

About This Home

As of January 2024

Investor special! 4 houses plus 1 lot all for 1 price! Fixer-upper homes conveniently located near 1-85 and downtown Gastonia. 5 minute drive to Gastonia baseball stadium. 1806 built in 1930, other 3 homes built 1950.

Last Agent to Sell the Property

Katie Goforth

Cottage Keepers of Gaston County Brokerage Email: Katie@cottagekeepersonline.com License #275264 Listed on: 11/01/2023

Last Buyer's Agent

Tammy Gutti

Coldwell Banker Realty License #288534

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1950

Lot Details

  • 0.89

Parking

  • On-Street Parking

Home Design

  • Hardboard

Interior Spaces

  • 2,839 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • Pleasant Ridge Elementary School
  • Southwest Middle School
  • Hunter Huss High School

Additional Features

  • Covered Patio or Porch
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 107017, 107018, 107019, 107021, 107022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1950
  • Road Surface Type: None, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: Katie@cottagekeepersonline.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Laundry
  • Appliances: Electric Range
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2839
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room, Inside, Washer Hookup
  • Cooling: Wall Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southwest
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.89
  • Lot Size Units: Acres
  • Parcel Number: 107017, 107018, 107019, 107021, 107022
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Pleasant Ridge
  • High School: Hunter Huss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 26, 2024
Sold by
Dair Samuel
Bought by
Red Sea Real Estate Llc
Seller's Agent
Katie Goforth
Cottage Keepers of Gaston County
Buyer's Agent
Tammy Gutti
Coldwell Banker Realty
List Price
$420,000
Sold Price
$350,000
Premium/Discount to List
-$70,000
-16.67%
Views
49
Current Estimated Value
$204,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,513
Avg. Annual Appreciation
-26.44%
Original Mortgage
$44,000
Outstanding Balance
$43,268
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$161,219

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 16, 2024
Sold by
Bpbd Llc
Bought by
Dair Samuel
Seller's Agent
Katie Goforth
Cottage Keepers of Gaston County
Buyer's Agent
Tammy Gutti
Coldwell Banker Realty
List Price
$420,000
Sold Price
$350,000
Premium/Discount to List
-$70,000
-16.67%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Outstanding Balance
$43,268
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$161,219

Purchase Details

Closed on
Dec 20, 2018
Sold by
Gtown Redevelopment Llc
Bought by
Bpbd Llc

Purchase Details

Closed on
Aug 30, 2018
Sold by
Stott Mays Beal
Bought by
Gtown Redevelopment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2011
Bought by
Stott Mays Beal
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
Red Sea Real Estate Llc -- None Listed On Document
Dair Samuel $55,000 Tryon Title
Bpbd Llc $82,000 None Available
Gtown Redevelopment Llc $140,000 None Available
Stott Mays Beal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dair Samuel $44,000
Previous Owner Gtown Redevelopment Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2024 01/16/24 Sold $350,000 -17.6% $123 / Sq Ft
11/01/2023 11/01/23 Price Changed $425,000 +1.2% $150 / Sq Ft
11/01/2023 11/01/23 For Sale $420,000 -- $148 / 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 $798 $74,690 $15,000 $59,690
2024 $798 $74,690 $15,000 $59,690
2023 $807 $74,690 $15,000 $59,690
2022 $364 $27,360 $8,000 $19,360
2021 $369 $27,360 $8,000 $19,360
2019 $372 $27,360 $8,000 $19,360
2018 $434 $31,006 $10,800 $20,206
2017 $434 $31,006 $10,800 $20,206
2016 $434 $31,006 $0 $0
2014 $516 $36,852 $13,500 $23,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4083778

Canopy MLS (Canopy Realtor® Association)

APN: 107017