NOT LISTED FOR SALE

1940 Gay St Statesville, NC 28625

Estimated Value: $180,000 - $215,000

3 Beds
1 Bath
1,080 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $182,000 $169 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,059/month

5 Days on Market

About This Home

As of April 2024

Modern Southern Living awaits!

This lovely listing is a 3 bedroom 1 bathroom home that sits on over an quarter of an acre of land is perfect for someone looking for a great buy under 200k!

The home boasts beautiful LVP flooring, granite countertops, new appliances, and white cabinets with ample storage space . The home has an open and southern living concept that is perfect for entreating guests and creates a warm and welcoming. The next owner will have the luxury of lounging and relaxing on their beautiful wooden deck during the summer and holidays with the ones they care most about. The new homeowner will also have storage for tools, supplies, and more with the shed that will convey with the sale of the home.

This community is being with invigorated with owners and investors who are dedicated to the beautification and maintenance of the neighborhood. The seller is offering up to 5,000 in seller concessions.

Last Agent to Sell the Property

Diamond Shakir

NorthGroup Real Estate LLC Brokerage Email: diamond.shakir@cbrealty.com License #315821 Listed on: 02/16/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Tyler Wilcox

EXP Realty LLC Mooresville License #319535

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1935

Lot Details

  • Property is zoned R-8MFM

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry closet

Kitchen

  • Convection Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • East Iredell Elementary School
  • East Middle School
  • Statesville High School

Community Details

  • Greenbriar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0106G03000D007

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 168.52
  • Geocode Confidence: High
  • Attribution Contact: diamond.shakir@cbrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1080
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher
  • Above Grade Finished Sq Ft: 1080
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1080
  • Bedroom Main: 3
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

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

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 0106G03000D007
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8MFM

MLS Schools

  • Elementary School: East Iredell
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 11, 2024
Sold by
Agabe Enterprises Llc
Bought by
Sanchez Martin Vargas
Seller's Agent
Diamond Shakir
NorthGroup Real Estate LLC
Buyer's Agent
Tyler Wilcox
EXP Realty LLC Mooresville
List Price
$185,000
Sold Price
$182,000
Premium/Discount to List
-$3,000
-1.62%
Views
54
Current Estimated Value
$190,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,614
Avg. Annual Appreciation
0.28%
Original Mortgage
$178,703
Outstanding Balance
$176,692
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$6,033

Purchase Details

Closed on
Feb 11, 2022
Sold by
Harold Allison
Bought by
Moten Eric D

Purchase Details

Closed on
Jun 14, 2006
Sold by
C & B Investments Inc
Bought by
Allison Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,150
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 6, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
C & B Investment Inc

Purchase Details

Closed on
Mar 21, 2005
Sold by
Inabinett Delric Devan
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jun 1, 1987
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
Sanchez Martin Vargas $182,000 None Listed On Document
Moten Eric D -- None Listed On Document
Allison Harold $53,500 None Available
C & B Investment Inc $29,000 None Available
Deutsche Bank National Trust Co $31,005 --
-- $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Martin Vargas $178,703
Previous Owner Allison Harold $48,150
Previous Owner Inabinett Delric Devan $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $182,000 -1.6% $169 / Sq Ft
02/16/2024 02/16/24 For Sale $185,000 -- $171 / 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 $515 $44,760 $10,000 $34,760
2023 $515 $44,760 $10,000 $34,760
2022 $468 $32,020 $4,900 $27,120
2021 $524 $32,020 $4,900 $27,120
2020 $524 $32,020 $4,900 $27,120
2019 $520 $32,020 $4,900 $27,120
2018 $501 $32,650 $4,900 $27,750
2017 $494 $32,650 $4,900 $27,750
2016 $494 $32,650 $4,900 $27,750
2015 $358 $32,650 $4,900 $27,750
2014 $358 $34,190 $4,900 $29,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4110016

Canopy MLS (Canopy Realtor® Association)

APN: 4754-01-5322.000