NOT LISTED FOR SALE

4040 Gatewood Ave Sophia, NC 27350

Estimated Value: $179,000 - $213,000

-- Bed
2 Baths
1,040 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 4040 Gatewood Ave, Sophia, NC 27350 and is currently estimated at $194,974, approximately $187 per square foot. 4040 Gatewood Ave is a home located in Randolph County with nearby schools including New Market Elementary School, Randleman Middle School, and Randleman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Key Christopher Ray
Bought by
Key Christopher Ray and Clark Brittany Nicole
Current Estimated Value
$194,974

Purchase Details

Closed on
May 7, 2020
Sold by
Hoover Brenna A and Hoover Robert Phillip
Bought by
Key Christopher Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2011
Sold by
Hoover Brenna A and Hoover Robert Phillip
Bought by
Greene Ricky Lee and Hoover Breena A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Key Christopher Ray -- None Listed On Document
Key Christopher Ray $68,500 None Available
Greene Ricky Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Christopher Ray $88,529
Previous Owner Key Christopher Ray $68,400
Source: Public Records

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 $882 $135,710 $35,690 $100,020
2023 $882 $135,710 $35,690 $100,020
2022 $763 $97,430 $24,910 $72,520
2021 $763 $97,430 $24,910 $72,520
2020 $756 $97,430 $24,910 $72,520
2019 $756 $97,430 $24,910 $72,520
2018 $692 $86,260 $19,950 $66,310
2016 $672 $86,258 $19,950 $66,308
2015 $674 $86,258 $19,950 $66,308
2014 -- $86,258 $19,950 $66,308
Source: Public Records

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