$155,000
SOLD MAY 20, 2025

510 May St Gibsonville, NC 27249

3 Beds
1 Bath
1,339 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Detached Carport Space
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2025

Welcome to 510 May Street, a cozy and well-laid-out home in the heart of Gibsonville. With 3 bedrooms and 1 full bath, this home offers a flexible layout that includes one bedroom on the main floor and two additional bedrooms upstairs- perfect for a all living situations. Inside, you'll find carpet and vinyl flooring throughout, with spacious rooms and lots of natural light. The home is good condition but could use a fresh coat of paint to truly shine—ideal for someone looking for a light project or to add value with some simple updates. The house has had a good amount of work done. Plumbing/water heater was replaced in 2024. Sewer line to street replaced 2021. Roof repainted in 2025. HVAC serviced in 2023. Joists replaced under part of the kitchen in 2024. Set on a quiet street with beautiful landscaping, there's plenty of outdoor space for relaxing, gardening, or entertaining. You're just minutes from downtown Gibsonville and have easy access to major highways for an easy commute.

Last Agent to Sell the Property

Robert Sutter

Allen Tate - Burlington License #335762 Listed on: 04/24/2025

Allen Tate - Burlington

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1935

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,339 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0102363
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: Need survey
  • Subdivision Name: None
  • Directions: From I-40/I-85, take Exit 138 for NC-61 N. Go 3.5 mi, then turn left onto NC-100 W. Turn left on Springwood Ave, right on Cedar St, then right on May St. 510 May St will be on your left.
  • Above Grade Finished Sq Ft: 1339
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1935
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1339
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0102363
  • Zoning: residential
  • TRIADMLS_PricePerAcre: 738095.2381
  • TRIADMLS_DeedPage: 1151
  • TRIADMLS_DeedBook: 4323

Tax Info

  • Tax Annual Amount: 1155
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.0122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 14, 2025
Sold by
Shearin Billy
Bought by
510 May Llc
Seller's Agent
Robert Sutter
Allen Tate - Burlington
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%
Original Mortgage
$199,200
Outstanding Balance
$199,025
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
-$38,118

Purchase Details

Closed on
Jul 12, 1995
Bought by
Shearin Bill
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Warranty Deed $155,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,200 Construction
Closed $199,200 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $264,900 -1.9% $193 / Sq Ft
06/27/2025 06/27/25 For Sale $269,900 +74.1% $197 / Sq Ft
05/20/2025 05/20/25 Sold $155,000 -3.1% $116 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $160,000 -- $119 / 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
2023 $1,155 $94,600 $35,000 $59,600
2022 $1,192 $94,600 $35,000 $59,600
2021 $746 $59,200 $14,000 $45,200
2020 $746 $59,200 $14,000 $45,200
2019 $746 $59,200 $0 $0
2018 $430 $59,200 $0 $0
2017 $432 $59,200 $0 $0
2016 $418 $55,300 $0 $0
2015 $420 $55,300 $0 $0
2014 $426 $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1178576

Triad MLS

APN: 0102363