NOT LISTED FOR SALE

516 Gatewood Ave High Point, NC 27262

Downtown High Point Neighborhood

Estimated Value: $241,000 - $278,000

3 Beds
2 Baths
1,600 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $123,500 $77 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,571/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Adorable three bedroom Cape Cod on level lot, nice sized living room has cozy fireplace, kitchen with pantry for extra storage, double closets in all bedrooms, hardwoods throughout the upstairs, bedrooms and bathrooms are freshly painted, walk in attic, includes 1 car detached garage with concrete floor, power, and overhead storage

Last Agent to Sell the Property

Pam Matthews

Howard Hanna Allen Tate - Winston Salem License #246452 Listed on: 02/11/2016

Howard Hanna Allen Tate - Winston Salem

Last Buyer's Agent

Amanda Farabow

eXp Realty, LLC License #273473

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned RS9

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0192310
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,706

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: None
  • Directions: I40 BUS E to exit 65, I-74S/ US 311S, continue on NC 1993 S, turn right on W Parkway Ave, to Lindsay St, right on Quaker, left on Locke St, right on Gatewood, property on right
  • Above Grade Finished Sq Ft: 1470
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1470
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Level
  • Construction Type: Aluminum Siding, Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage Door Opener, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0192310
  • Zoning: RS9
  • TRIADMLS_PlatPage: 16
  • TRIADMLS_PlatBook: 11
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1706.1
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 5, 2016
Sold by
Farmer Michael H and Farmer Cynthai J
Bought by
Buttke Norma Jones
Seller's Agent
Pam Matthews
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
Amanda Farabow
eXp Realty, LLC
List Price
$129,000
Sold Price
$123,500
Premium/Discount to List
-$5,500
-4.26%
Current Estimated Value
$262,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,964
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Farmer Cynthia J and Coughenour Cynthia
Bought by
Farmer Michael H and Farmer Cynthia J

Purchase Details

Closed on
Jun 30, 2003
Sold by
Walls Richard Tambis and Walls Rebecca Russell
Bought by
Coughenour Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Roberts Frank F and Lee Jessie
Bought by
Walls Richard Tambis and Walls Rebecca Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,786
Interest Rate
7.01%
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 Buyer Sale Price Title Company
Buttke Norma Jones $123,500 None Available
Farmer Michael H -- None Available
Coughenour Cynthia J $136,000 --
Walls Richard Tambis $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coughenour Cynthia J $135,900
Previous Owner Walls Richard Tambis $87,786
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $123,500 -4.3% $95 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $129,000 -- $99 / 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 $2,361 $171,300 $55,000 $116,300
2024 $2,361 $171,300 $55,000 $116,300
2023 $2,361 $171,300 $55,000 $116,300
2022 $2,309 $171,300 $55,000 $116,300
2021 $1,688 $122,500 $25,000 $97,500
2020 $1,688 $122,500 $25,000 $97,500
2019 $1,688 $122,500 $0 $0
2018 $1,680 $122,500 $0 $0
2017 $1,680 $122,500 $0 $0
2016 $1,697 $121,000 $0 $0
2015 $1,706 $121,000 $0 $0
2014 $1,735 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Matthews

    Seller's Agent in 2016

    Pam Matthews

    Howard Hanna Allen Tate - Winston Salem

    (336) 782-4884

    345 Total Sales

    Pam Matthews
    Section Image
  • Amanda Farabow

    Buyer's Agent in 2016

    Amanda Farabow

    eXp Realty, LLC

    (336) 870-3055

    118 Total Sales

    Amanda Farabow
    Section Image
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Map

Source: Triad MLS

MLS Number: 783967

Triad MLS

APN: 0192310

North Carolina Guilford County High Point 27262 Downtown High Point

516 Gatewood Ave, High Point, NC

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