NOT LISTED FOR SALE

Estimated Value: $250,000 - $272,000

2 Beds
4 Baths
1,500 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $225,000 $150 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,546/month

19 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • 2 Car Detached Garage
  • Property is near public transit
  • Cottage
  • Porch

About This Home

As of February 2024

Welcome to 505 Gatewood, a charming cottage in the heart of High Point, eligible for the HIGH POINT CORE CITY INCENTIVE! This delightful home is strategically located just a block from the High Point Rockers stadium, offering both comfort and unparalleled convenience.

Boasting 2 bedrooms and 2 full baths, the interior features a cozy kitchen, creating a perfect blend of functionality and style. The fenced backyard provides a private retreat, ideal for relaxation or entertaining guests.

With expansion potential upstairs, offering over 300+ square feet, this property opens up exciting possibilities to personalize and enhance the living space according to your vision.

Whether you're looking to make this your home sweet home or seeking a savvy investment opportunity, 505 Gatewood is a gem you won't want to miss. Seize the chance to be part of the thriving High Point community – schedule your showing today!

Last Agent to Sell the Property

Robin White

Greenway Homes LLC License #283136 Listed on: 12/27/2023

Last Buyer's Agent

Emily Nifong

Berkshire Hathaway HomeServices Carolinas Realty License #297545

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1947

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-9

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Asbestos

Interior Spaces

  • 1,354 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Crawl Space
  • Walk-In Attic
  • Security Lights

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • W.C. Jones Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0192289
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: W.C. Jones Estate
  • Directions: Head south east on N Main St. Turn right on Parkway Ave and continue onto Lindsay St. Turn right on Gatewood Ave. Destination on left.
  • Above Grade Finished Sq Ft: 1354
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1947
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Built-in Features, Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den, Dining Room, Great Room, Kitchen, Living Room, Primary Bedroom
  • Fireplaces: 1
  • Living Area: 1354
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Near Public Transit, Cleared, Level
  • Pool Features: None
  • Exclusions: Washer And Dryer Do Not Convey
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0192289
  • Zoning: RS-9
  • TRIADMLS_PlatPage: 16
  • TRIADMLS_PlatBook: 11
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1980
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Feb 1, 2024
Sold by
Always Grateful Investments Llc
Bought by
Lawson Booker Paul and Parnell Booker Hannah
Seller's Agent
Robin White
Francisco Lopez Realty LLC
Buyer's Agent
Emily Nifong
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
272
Current Estimated Value
$259,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,391
Avg. Annual Appreciation
7.61%
Original Mortgage
$7,500
Interest Rate
8.7%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Fairchild Suzanne Lynn and Mutschler Suzanne
Bought by
Always Grateful Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 11, 2014
Sold by
Brown David Holland and Brown Deborah W
Bought by
Fairchild Suzanne Lynn
Seller's Agent
Marshall Morgan
Keller Williams Realty
Buyer's Agent
Carol Ferrell
Price REALTORS
List Price
$105,000
Sold Price
$100,500
Premium/Discount to List
-$4,500
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lawson Booker Paul $225,000 None Listed On Document
Always Grateful Investments Llc $125,000 None Available
Fairchild Suzanne Lynn $100,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lawson Booker Paul $7,500
Open Lawson Booker Paul $213,750
Previous Owner Always Grateful Investments Llc $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $225,000 -8.2% $188 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $245,000 +143.8% $204 / Sq Ft
06/11/2014 06/11/14 Sold $100,500 -4.3% $74 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $105,000 -- $77 / Sq Ft
Source: Triad MLS

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 $2,024 $168,400 $55,000 $113,400
2024 $2,024 $146,900 $55,000 $91,900
2023 $2,024 $146,900 $55,000 $91,900
2022 $1,980 $146,900 $55,000 $91,900
2021 $1,386 $100,600 $25,000 $75,600
2020 $1,386 $100,600 $25,000 $75,600
2019 $1,386 $100,600 $0 $0
2018 $686 $100,600 $0 $0
2017 $1,379 $100,600 $0 $0
2016 $807 $107,700 $0 $0
2015 $1,519 $107,700 $0 $0
2014 $1,544 $107,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1128582

Triad MLS

APN: 0192289