NOT LISTED FOR SALE

437 16th St Cramerton, NC 28032

Estimated Value: $252,000 - $333,000

2 Beds
2 Baths
1,258 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $131,000 $104 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,903/month

21 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Wood Siding
  • Cramerton Middle School Rated A-

About This Home

As of October 2022

This is a great investment opportunity! This 2 bedroom/ 2 bath is on a beautiful lot in the heart of Cramerton right off of the roundabout. Convenient to Gastonia, Charlotte and only minutes away from I-85. Fix and flip or buy and hold! This home does need a good bit of renovations but renovated home values in the area are substantial. Seller has not lived in home and makes no representation to condition. Home is sold AS-IS and seller will make no repairs.

Last Agent to Sell the Property

Matthew Jackson

Keller Williams South Park License #123263 Listed on: 09/15/2022

Keller Williams South Park

Last Buyer's Agent

Brian Sayavong

L&E Properties License #325685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1928

Lot Details

  • Zoning described as R1

Parking

  • On-Street Parking

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,258 Sq Ft Home
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 194857

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,918

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1928
  • Ratio Current Price By Acre: 1007692.31
  • Road Surface Type: None
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 104.13
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1258
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Fixture Exception Description: Kitchen Island does not convey
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1258
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Tax Location: Cramerton
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 194857
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.18601

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Springston Properties Llc
Bought by
Castano Tomas and Gibson Ashley
Current Estimated Value
$298,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,751
Outstanding Balance
$314,659
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
-$18,307

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 6, 2022
Sold by
Hovis Ciera Clare and Hovis Ronald Douglas
Bought by
Springston Properties Llc
Seller's Agent
Matthew Jackson
Keller Williams South Park
Buyer's Agent
Brian Sayavong
L&E Properties
List Price
$120,000
Sold Price
$131,000
Premium/Discount to List
$11,000
9.17%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.30%
Original Mortgage
$200,000
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 2003
Sold by
Helms Ronald D
Bought by
Helms Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Castano Tomas $314,000 None Listed On Document
Springston Properties Llc $131,000 --
Helms Ronald D -- Lighthouse Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castano Tomas $320,751
Previous Owner Springston Properties Llc $200,000
Previous Owner Helms Ronald D $50,000
Previous Owner Helms Ronald Douglas $45,000
Previous Owner Helms Ronald Douglas $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $131,000 +9.2% $104 / Sq Ft
09/15/2022 09/15/22 For Sale $120,000 -- $95 / 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 $2,918 $282,190 $24,000 $258,190
2023 $1,567 $148,520 $24,000 $124,520
2022 $1,300 $101,180 $18,000 $83,180
2021 $1,320 $101,180 $18,000 $83,180
2019 $1,331 $101,180 $18,000 $83,180
2018 $753 $55,956 $18,000 $37,956
2017 $753 $55,956 $18,000 $37,956
2016 $753 $55,956 $0 $0
2014 $958 $71,214 $22,500 $48,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3905305

Canopy MLS (Canopy Realtor® Association)

APN: 194857