NOT LISTED FOR SALE

307 W 5th Ave Gastonia, NC 28052

Estimated Value: $455,000 - $487,581

6 Beds
4 Baths
2,960 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $485,000 $164 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,872/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Wine Refrigerator
  • Wooded Lot
  • Wood Flooring
  • Front Porch

About This Home

As of April 2024

Beautifully home located in the York Chester Historic District. Many of the old world charms are still part of the home including the beautiful original hardwood floors. Kitchen has been updated, the primary bedroom is on the main level with an on suite primary bath. The yard is beautifully landscaped with mature trees & shrubs. Detached second living quarters, 577 sq ft, with mini split HVAC, full bath and kitchen could be used as a mother in-law suite, home office, workout space, art studio, etc.

Last Agent to Sell the Property

James Melvin

Keller Williams Ballantyne Area Brokerage Email: jamesmelvin@kw.com License #290836 Listed on: 03/04/2024

Keller Williams Ballantyne Area

Last Buyer's Agent

Matt Cox

Keller Williams South Park License #107179

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1930

Lot Details

  • Wooded Lot
  • Property is zoned R1H

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Parking

  • Detached Carport Space
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Additional Homes

  • Separate Entry Quarters

Schools

  • Sherwood Elementary School
  • Yorkchester Middle School
  • Hunter Huss High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • York Chester Historic District Association
  • York Chester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108857

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,756

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1930
  • Restrictions: Historical
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Exterior Not Connected,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 137.12
  • Geocode Confidence: High
  • Attribution Contact: jamesmelvin@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1734
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1110
  • Sq Ft Unheated Total: 1110
  • Sq Ft Upper: 1226
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Wine Refrigerator
  • Above Grade Finished Sq Ft: 2960
  • Has Basement: Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Living Area: 2960
  • Bedroom Main: 1
  • Room Count: 15

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association Name: York Chester Historic District

Schools

  • Middle Or Junior School: Yorkchester
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 108857
  • Zoning: R1H
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1H

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Sherwood
  • High School: Hunter Huss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 25, 2024
Sold by
Singleton Blake S and Farlowe Alice E
Bought by
Mitchell Elena Faria and Mitchell Joseph
Seller's Agent
James Melvin
Keller Williams Ballantyne Area
Buyer's Agent
Matt Cox
Keller Williams South Park
List Price
$485,000
Sold Price
$485,000
Views
86
Current Estimated Value
$469,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,355
Avg. Annual Appreciation
-1.72%
Original Mortgage
$388,000
Outstanding Balance
$384,213
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$89,753

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 20, 2017
Sold by
Morgan Richard Paul and Morgan Cheryl Rae
Bought by
Singleton Blake S and Farlowe Alice E
Seller's Agent
Debbie Scarborough
Keller Williams Ballantyne Area
Buyer's Agent
James Melvin
Keller Williams Ballantyne Area
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$251,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Balke Thomas L and Balke Sheri M
Bought by
Morgan Richard Paul and Morgan Cheryl Rae
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
Mitchell Elena Faria $485,000 None Listed On Document
Singleton Blake S $265,000 None Available
Morgan Richard Paul $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Elena Faria $388,000
Previous Owner Singleton Blake S $251,750
Previous Owner Morgan Richard Paul $170,000
Previous Owner Morgan Richard Paul $19,750
Previous Owner Morgan Richard Paul $15,000
Previous Owner Morgan Richard Paul $11,000
Previous Owner Balke Thomas L $15,000
Previous Owner Balke Thomas L $155,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $485,000 0.0% $164 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $485,000 +83.0% $164 / Sq Ft
07/21/2017 07/21/17 Sold $265,000 -1.5% $90 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $269,000 -- $91 / 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 $3,756 $351,340 $30,000 $321,340
2024 $4,139 $387,220 $30,000 $357,220
2023 $4,182 $387,220 $30,000 $357,220
2022 $3,431 $258,000 $28,000 $230,000
2021 $3,483 $258,000 $28,000 $230,000
2019 $3,509 $258,000 $28,000 $230,000
2018 $2,755 $196,782 $24,000 $172,782
2017 $2,741 $195,756 $24,000 $171,756
2016 $2,741 $195,756 $0 $0
2014 -- $176,079 $30,000 $146,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4115157

Canopy MLS (Canopy Realtor® Association)

APN: 108857