NOT LISTED FOR SALE

408 Gates Ave Graham, NC 27253

Estimated Value: $200,000 - $209,000

3 Beds
1 Bath
1,200 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $74,500 $62 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,181/month

12 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Attached Carport
  • Fenced

About This Home

As of November 2017

Great investment or first time buyers opportunity! Charming 3 bedroom/1 bath home close to Burlington, Graham, Greensboro, and Chapel Hill. Don't miss your opportunity to see this home call today for an appointment.

Last Agent to Sell the Property

Sherry Johnson Allen

Realty World Carolina Properties License #179509 Listed on: 10/31/2017

Realty World Carolina Properties

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Carport
  • Driveway
  • Paved Parking

Outdoor Features

  • Patio

Schools

  • Graham Middle School
  • Graham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Park Heights Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 8874928179
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$799

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Park Heights
  • Directions: Hwy 54 to Pine St-Holt Ave. Turn right on Gates, House on the left
  • Above Grade Finished Sq Ft: 1096
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1951
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1096
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Fenced, Patio, Paved Drive
  • Fencing: Fenced
  • Lot Features: City Lot, Fence(s)
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved, Paved Drive, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South Graham
  • High School: Graham
  • Middle Or Junior School: Graham

Lot Info

  • Parcel #: 8874928179
  • Zoning: RESIDENTIAL
  • TRIADMLS_PricePerAcre: 312500
  • TRIADMLS_DeedPage: 131
  • TRIADMLS_DeedBook: 2573
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 0.58
  • Tax Lot: 51
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Nov 27, 2017
Sold by
Federal National Mortgage Association
Bought by
Rhoads William and Rhoads Ginger
Seller's Agent
Sherry Johnson Allen
Realty World Carolina Properties
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$75,000
Sold Price
$74,500
Premium/Discount to List
-$500
-0.67%
Current Estimated Value
$204,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,917
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Trustee Services Of Carolina Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 8, 2001
Sold by
Ford Sandra H
Bought by
Ascencio Lidio Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,263
Interest Rate
7.75%
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
Rhoads William -- None Available
Federal National Mortgage Association $40,600 None Available
Ascencio Lidio Eduardo $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ascencio Lidio Eduardo $85,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $74,500 -0.7% $83 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $75,000 -- $83 / Sq Ft
Source: Triad MLS

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 $799 $161,739 $36,000 $125,739
2024 $759 $161,739 $36,000 $125,739
2023 $791 $183,064 $36,000 $147,064
2022 $437 $95,969 $25,000 $70,969
2021 $1,067 $95,969 $25,000 $70,969
2020 $1,072 $95,969 $25,000 $70,969
2019 $965 $85,798 $25,000 $60,798
2018 $0 $85,798 $25,000 $60,798
2017 $888 $85,798 $25,000 $60,798
2016 $931 $89,981 $25,000 $64,981
2015 $519 $89,981 $25,000 $64,981
2014 -- $89,981 $25,000 $64,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 856482

Triad MLS

APN: 135041