NOT LISTED FOR SALE

205 E Minneola St Gibsonville, NC 27249

Estimated Value: $100,000 - $130,765

1 Bed
1 Bath
692 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $96,000 $139 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $682/month

8 Days on Market

Highlights

  • Window Unit Cooling System
  • Rectangular Lot
  • 1-Story Property
  • Baseboard Heating
  • Carpet

About This Home

As of April 2023

INVESTMENT OPPORTUNITY! Full of potential & located in the charming town of Gibsonville. 205 Minneola Street is a prime investment opportunity for anyone looking to expand their real estate portfolio. This well maintained brick ranch is situated on a quiet street walking distance to downtown, shopping & restaurants. Roof replaced in 2019. Close proximity to Elon University (approx 2.5 miles). Sold As Is.

Last Agent to Sell the Property

Tanya Wilson

eXp Realty, LLC - C License #259090 Listed on: 03/23/2023

eXp Realty, LLC - C

Last Buyer's Agent

Shannon Whitfield

Elevation Realty, LLC License #310151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • 1865

Lot Details

  • 8,712 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 0102344

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

1865

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Directions: University Dr, right on Springwood Ave, Left on Smith St, Right on E Minneola.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1865
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 0102344
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 13, 2023
Sold by
Preferred Residential Properties Llc
Bought by
Perkins Matthew Todd
Seller's Agent
Tanya Wilson
eXp Realty, LLC - C
Buyer's Agent
Shannon Whitfield
Elevation Realty, LLC
List Price
$95,000
Sold Price
$96,000
Premium/Discount to List
$1,000
1.05%
Views
14
Current Estimated Value
$112,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,691
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Dec 3, 2008
Bought by
Preferred Residential Properties Llc

Purchase Details

Closed on
Oct 19, 2004
Sold by
Nix Jerry S
Bought by
Ezekiel James and Ezekiel Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Perkins Matthew Todd $96,000 None Listed On Document
Preferred Residential Properties Llc -- --
Ezekiel James $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ezekiel James $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $96,000 +1.1% $139 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $95,000 -- $137 / Sq Ft
Source: Alamance Multiple Listing Service

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 $986 $80,800 $35,000 $45,800
2024 $986 $80,800 $35,000 $45,800
2023 $986 $80,800 $35,000 $45,800
2022 $1,018 $80,800 $35,000 $45,800
2021 $710 $56,300 $14,000 $42,300
2020 $710 $56,300 $14,000 $42,300
2019 $710 $56,300 $0 $0
2018 $409 $56,300 $0 $0
2017 $409 $56,300 $0 $0
2016 $392 $51,900 $0 $0
2015 $394 $51,900 $0 $0
2014 $400 $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 126986

APN: 0102344