NOT LISTED FOR SALE

225 W Norment Ave Gastonia, NC 28052

Estimated Value: $127,000 - $151,866

2 Beds
1 Bath
636 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $130,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $833/month

128 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room
  • Central Air

About This Home

As of March 2023

This property is conveniently located just a few minutes drive from the ever developing FUSE District & Stadium. This home is ready for new owners (or an investor looking to grow their portfolio) and comes complete with 2 bedrooms and 1 full baths. The kitchen has new upgraded countertops and backsplash with black, stainless steel appliances. It has LVP flooring throughout with vinyl flooring in the bathrooms. This property has a nice back yard. The lot also includes a storage shed in the back. The home is comfortably controlled by a central HVAC system. Get your offers in NOW before it’s too late.

Last Agent to Sell the Property

Kevin Jones

Southern Home Group Realty LLC License #295577 Listed on: 09/26/2022

Last Buyer's Agent

Curtis Gravitt

Legacy Lion, LLC License #289674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 636 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Woodhill Elementary School
  • Grier Middle School
  • Ashbrook High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • York Subdivision

Listing and Financial Details

  • Assessor Parcel Number 100623

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 204.40
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 636
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 636
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 636
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

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

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Parcel Number: 100623
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Woodhill
  • High School: Ashbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Mar 3, 2023
Sold by
Ez Investment Group Llc
Bought by
Ward Ray J
Seller's Agent
Kevin Jones
Southern Home Group Realty LLC
Buyer's Agent
Curtis Gravitt
Legacy Lion, LLC
List Price
$137,500
Sold Price
$130,000
Premium/Discount to List
-$7,500
-5.45%
Views
159
Current Estimated Value
$139,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,736
Avg. Annual Appreciation
2.41%
Original Mortgage
$80,000
Outstanding Balance
$77,587
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Estimated Equity
$60,130

Purchase Details

Closed on
Oct 20, 2021
Sold by
Carroll Garry and Carroll Mary Davis
Bought by
Ez Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2012
Sold by
Thomas Clyde Steven and Thomas Cindy Starnes
Bought by
Carroll Garry

Purchase Details

Closed on
Nov 3, 2005
Sold by
Cochran Timothy R and Cochran Rebecca A
Bought by
Thomas Clyde Steven and Thomas Cindy Starnes

Purchase Details

Closed on
Jan 13, 2005
Sold by
Fannie Mae
Bought by
Cochran Timothy R and Cochran Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Jenkins Benjamin J
Bought by
Federal National Mortgage Association
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
Ward Ray J $130,000 Ballantyne Title
Ward Ray J $130,000 Ballantyne Title
Ez Investment Group Llc $65,000 None Available
Carroll Garry $3,000 None Available
Thomas Clyde Steven $6,000 Chicago Title Insurance Comp
Cochran Timothy R -- Chicago Title Insurance Comp
Federal National Mortgage Association $23,149 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Ray J $80,000
Closed Ward Ray J $80,000
Previous Owner Ez Investment Group Llc $122,250
Previous Owner Ez Investment Group Llc $60,000
Previous Owner Thomas Clyde Steven $27,200
Previous Owner Cochran Timothy R $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $130,000 -5.5% $204 / Sq Ft
01/02/2023 01/02/23 For Sale $137,500 +5.8% $216 / Sq Ft
12/31/2022 12/31/22 Off Market $130,000 -- --
10/24/2022 10/24/22 Price Changed $137,500 -1.8% $216 / Sq Ft
09/26/2022 09/26/22 For Sale $140,000 -- $220 / 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 $818 $76,480 $10,000 $66,480
2023 $826 $76,480 $10,000 $66,480
2022 $365 $27,470 $5,000 $22,470
2021 $371 $27,470 $5,000 $22,470
2020 $382 $28,310 $5,000 $23,310
2019 $385 $28,310 $5,000 $23,310
2018 $248 $17,738 $6,000 $11,738
2017 $248 $17,738 $6,000 $11,738
2016 $248 $17,738 $0 $0
2014 $403 $28,816 $7,500 $21,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904508

Canopy MLS (Canopy Realtor® Association)

APN: 100623