NOT LISTED FOR SALE

3705 Somerset Dr Gastonia, NC 28052

Estimated Value: $221,000 - $232,000

3 Beds
2 Baths
1,120 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $125,000 $112 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,306/month

129 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 1-Story Property

About This Home

As of March 2020

MOTIVATED SELLERS !!! FOR SALE AS IS- WHERE IS. SELLERS TO MAKE NO REPAIRS.
Beautifully maintained MOVE IN READY !! This very nice 3 bedroom 2 bath brick ranch home is located just minutes from Crowders Mountain state park, HWY 74 and I-85. Home sits on a large level corner lot with a spacious fenced in back yard surrounded by mature trees that provide lots of shade. Updated bathrooms, new gutters, new countertops in the kitchen with new backsplash, new carpet in the bedrooms, freshly painted throughout. The eat in kitchen provides ample space.


***HOME BACK ON THE MARKET AT NO FAULT OF THE SELLERS***

Last Agent to Sell the Property

Andrea McLeymore

EXP Realty LLC Ballantyne License #300946 Listed on: 10/05/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

Jose Sanchez

Keller Williams Premier License #282609

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.31

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Corner Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 142802

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.83389
  • Ratio Current Price By Acre: 403225.81
  • Ratio Current Price By Sq Ft: 111.61
  • Year Built: 1972
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Refrigerator
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1120
  • Total Sq Ft: 1120

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 150x90
  • Lot Features: Corner Lot, Paved Frontage
  • Parcel Number: 142802
  • Zoning Specification: R1

Tax Info

  • Tax Value: 84550.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Mar 16, 2020
Sold by
Elrod Robert H and Harrison Karen G
Bought by
Velasquez Domingo and Jimenez Juanita Cruz
Seller's Agent
Andrea McLeymore
EXP Realty LLC Ballantyne
Buyer's Agent
Jose Sanchez
Keller Williams Premier
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$226,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,586
Avg. Annual Appreciation
10.92%
Original Mortgage
$115,000
Outstanding Balance
$101,849
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$124,737

Purchase Details

Closed on
May 1, 1991
Bought by
Elrod Robert H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Domingo $125,000 None Available
Elrod Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Domingo $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2020 03/17/20 Sold $125,000 0.0% $112 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/06/2020 02/06/20 Price Changed $125,000 -10.7% $112 / Sq Ft
02/06/2020 02/06/20 For Sale $139,900 0.0% $125 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $139,900 0.0% $125 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/24/2019 11/24/19 Price Changed $139,900 0.0% $125 / Sq Ft
11/24/2019 11/24/19 For Sale $139,900 -3.5% $125 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $144,900 -3.3% $129 / Sq Ft
10/05/2019 10/05/19 For Sale $149,900 -- $134 / 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 $1,421 $198,980 $16,000 $182,980
2024 $1,421 $198,980 $16,000 $182,980
2023 $1,370 $197,120 $16,000 $181,120
2022 $778 $84,550 $15,000 $69,550
2021 $780 $84,550 $15,000 $69,550
2019 $789 $84,550 $15,000 $69,550
2018 $628 $64,411 $8,400 $56,011
2017 $608 $64,411 $8,400 $56,011
2016 $608 $62,374 $0 $0
2014 $643 $66,608 $10,500 $56,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3556673

Canopy MLS (Canopy Realtor® Association)

APN: 142802