$975,000
SOLD OCT 30, 2021

404 Elizabeth Ln Gastonia, NC 28052

32 Beds
18 Baths
9,676 Sq Ft
4.12 Acres

Recently Sold

$101 Per Sq Ft

184 Days on Market

About This Home

As of June 2025

18 Properties in all included with this sale. Opportunity awaits in this Mobile home investor portfolio. Offered in this listing is 18 properties with 2 being vacant lots. Currently all units are rented (see rent roll and comments per unit) including one of vacant lot being used with RV (rv does not convey). 16 lots have private septic and 2 vacant lots unknown and All lots have County Water. LOT Sizes range from .19 acres to .34 acres each. Each property can be sold individually but the seller prefers to sell together. The potential here for these units is incredible with it's consistent occupancy and potential to replace each home over time with similar size home and increased rents leaves this to be an incredible opportunity with the right vision.
Please DO NOT walk lots and DO NOT DISTURB TENANTS. Showings can occur after being under contract.

Last Agent to Sell the Property

Melissa Kratz

Coldwell Banker Realty License #285583 Listed on: 02/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Matthew Johnson

EXP Realty LLC Ballantyne License #322139

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $61

Year Built

  • Built in 1960

Home Design

  • Vinyl Siding

Additional Features

  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$61

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.88636
  • Ratio Current Price By Acre: 236650.49
  • Ratio Current Price By Sq Ft: 100.76
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 16
  • Half Bathrooms: 2
  • Total Bedrooms: 32
  • Fixture Exception Description: Tenants personal belongings
  • Fixture Exception Yn: Yes
  • Total Sq Ft: 9676

Exterior Features

  • Construction: Aluminum, Metal, Vinyl
  • Construction Type: Manufactured

Utilities

  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 4.120
  • Parcel Number: 00
  • Zoning Specification: R-3

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Location: Gaston

Multi Family

  • Unit Count: 18
  • Number Of Units Total: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 24, 2025
Sold by
First Choice 2 Build Llc
Bought by
Cmh Homes Inc
Seller's Agent
Caterin Arredondo Gonzalez
NorthGroup Real Estate LLC
Buyer's Agent
Logan Andrew
Premier South
List Price
$40,000
Sold Price
$32,500
Premium/Discount to List
-$7,500
-18.75%
Views
27

Purchase Details

Listed on
Jun 21, 2024
Closed on
Sep 25, 2024
Sold by
Orange Sky Investments Llc
Bought by
First Choice 2 Build Llc
Seller's Agent
Cynthia Hegler
Southern Home Group Realty LLC
Buyer's Agent
Caterin Arredondo Gonzalez
NorthGroup Real Estate LLC
List Price
$35,000
Sold Price
$28,500
Premium/Discount to List
-$6,500
-18.57%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%

Purchase Details

Closed on
Mar 9, 2023
Sold by
Cottrell Ryan Jones and Brooke Whitney
Bought by
Orange Sky Investments Llc

Purchase Details

Listed on
Feb 20, 2021
Closed on
Oct 28, 2021
Sold by
Windsor Bonham Iii Paul
Bought by
Cottrell Ryan Jones and Cottrell Brooke Whitney
Seller's Agent
Melissa Kratz
Coldwell Banker Realty
Buyer's Agent
Matthew Johnson
EXP Realty LLC Ballantyne
List Price
$975,000
Sold Price
$975,000

Purchase Details

Closed on
Nov 4, 2020
Sold by
Sadler Victor Lee
Bought by
Bonham Paul W

Purchase Details

Closed on
Sep 22, 2011
Sold by
Sherbert Donald Ray
Bought by
Sherbert Donald Ray
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 Type Sale Price Title Company
Warranty Deed $32,500 None Listed On Document
Warranty Deed $73,500 Austin Title
Warranty Deed -- --
Warranty Deed $975,000 Cloninger And Neisler
Warranty Deed $22,500 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $32,500 -18.8% $3 / Sq Ft
04/16/2025 04/16/25 For Sale $40,000 +40.4% $4 / Sq Ft
09/30/2024 09/30/24 Sold $28,500 -12.3% $3 / Sq Ft
08/16/2024 08/16/24 Price Changed $32,500 -7.1% $3 / Sq Ft
06/21/2024 06/21/24 For Sale $35,000 -96.4% $4 / Sq Ft
10/30/2021 10/30/21 Sold $975,000 0.0% $101 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $975,000 0.0% $101 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $975,000 -11.4% $101 / Sq Ft
02/20/2021 02/20/21 For Sale $1,100,000 -- $114 / 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 $61 $8,500 $8,500 $0
2023 $59 $8,500 $8,500 $0
2022 $55 $6,000 $6,000 $0
2021 $55 $6,000 $6,000 $0
2020 $55 $6,000 $6,000 $0
2019 $56 $6,000 $6,000 $0
2018 $70 $7,200 $7,200 $0
2017 $70 $7,200 $7,200 $0
2016 $70 $7,200 $0 $0
2014 $77 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3710227

Canopy MLS (Canopy Realtor® Association)

APN: 147724