NOT LISTED FOR SALE

303 Spanish Oak Ln Unit 73 Gastonia, NC 28056

Estimated Value: $876,000 - $1,292,096

0.66 Acre
$1,634,586 Price per Acre
28,924 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $56,500

Est. 1,821% increase in value since last sale

Current estimated payment $6,389/month

342 Days on Market

About This Lot

As of March 2023

“The Mountain” subdivision now has multiple lots to choose from due to the expansion of Spanish Oak
Lane. This is a small private housing development featuring custom homes with the convenience of the
city, but the feel of the mountains. NO city taxes! All lots are on city water and will require a septic
system. All lots have been perked for up to either a 3 or 4 bdr house and have been surveyed to easily
locate lot corners. There is a minimum of 2400 sq ft to build, HOA fee of $520 Annually(house) $260
Annually(vacant lot), and a $1500 road maintenance fee(paid prior to building). Bring your own builder
or have Shumate Builders build one for you. Come walk the lots and pick your favorite. These are all
amazing private lots and won’t last long!

Last Agent to Sell the Property

Doug Sawyer

EXP Realty LLC License #245283 Listed on: 04/03/2022

EXP Realty LLC

Last Buyer's Agent

Vivian Zapata

NorthGroup Real Estate LLC License #282755

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,984

Lot Details

  • 0.66 Acre Lot
  • Property fronts a private road
  • Possible uses of the property include Residential

HOA Fees

  • $43 Monthly HOA Fees

Schools

  • Robinson Elementary School
  • Southwest Middle School
  • Forestview High School

Utilities

  • Septic Needed

Community Details

  • The Mountain Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 307130

Property Details

Property Type

Land

Est. Annual Taxes

$7,984

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 520
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 520.00

Schools

  • Middle Or Junior School: Southwest
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 307130
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.664
  • Lot Size Sq Ft: 28923
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Robinson
  • High School: Forestview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
Mar 23, 2023
Sold by
Shumate Builders Inc
Bought by
Soto Primitivo
Seller's Agent
Doug Sawyer
EXP Realty LLC
Buyer's Agent
Vivian Zapata
NorthGroup Real Estate LLC
List Price
$62,000
Sold Price
$56,500
Premium/Discount to List
-$5,500
-8.87%
Views
176
Current Estimated Value
$1,085,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,865
Avg. Annual Appreciation
211.65%

Purchase Details

Closed on
Mar 30, 2022
Sold by
Shumate Steve L and Shumate Jessica
Bought by
Shumate Builders Inc
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
Soto Primitivo $56,500 None Listed On Document
Soto Primitivo $56,500 None Listed On Document
Shumate Builders Inc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $56,500 -4.1% --
03/11/2023 03/11/23 Pending -- -- --
11/05/2022 11/05/22 Price Changed $58,900 -5.0% --
04/03/2022 04/03/22 For Sale $62,000 -- --
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 $7,984 $1,118,270 $49,500 $1,068,770
2024 $2,293 $321,080 $55,000 $266,080
2023 $344 $49,500 $49,500 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3846251

Canopy MLS (Canopy Realtor® Association)

APN: 307130