$40,000
SOLD OCT 14, 2022

520 W 5th Ave Gastonia, NC 28052

0.18 Acre
$222,222 Price per Acre
7,841 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

20 Days on Market

About This Lot

As of April 2025

Corner lot in the Historic District of York Chester. Home on the property needs to be demolished and has no value. Call the listing agent for demo pricing. Tree fell on the home and has since been removed. DO NOT enter home under any circumstances. Subject to Historic District approval for building. Call the listing agent for more information.

Last Agent to Sell the Property

Adam Bouldin

RE/MAX Executive License #334821 Listed on: 09/24/2022

RE/MAX Executive

Last Buyer's Agent

Vyvy Gomez

Carolina Living Associates LLC License #331222

Carolina Living Associates LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,689

Lot Details

  • Corner Lot
  • Possible uses of the property include Residential
  • Zoning described as R1

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108426

Property Details

Property Type

Land

Est. Annual Taxes

$3,689

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 222222.22
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Other - See Media/Remarks
  • Road Frontage Type: City Street
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Gaston

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 108426
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.32483

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Apr 29, 2025
Sold by
San Vic Properties Llc
Bought by
Velez Luz Marina
Seller's Agent
Claudia Sunsin Palacios
Coldwell Banker Realty
Buyer's Agent
Vyvy Gomez
Carolina Living Associates LLC
List Price
$385,000
Sold Price
$369,900
Premium/Discount to List
-$15,100
-3.92%
Views
21
Current Estimated Value
$358,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,090
Avg. Annual Appreciation
-8.81%
Original Mortgage
$127,085
Outstanding Balance
$125,745
Interest Rate
5.8%
Mortgage Type
FHA
Estimated Equity
$233,065

Purchase Details

Listed on
Sep 24, 2022
Closed on
Oct 14, 2022
Sold by
Edwards Jason Scott and Edwards Brandye Amy-Jo
Bought by
Sanvic Properties Llc
Seller's Agent
Adam Bouldin
RE/MAX Executive
Buyer's Agent
Vyvy Gomez
Carolina Living Associates LLC
List Price
$40,000
Sold Price
$40,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.06%

Purchase Details

Closed on
Jan 10, 2017
Sold by
U S Bank Trust Na
Bought by
Mse Sub I Llc

Purchase Details

Closed on
Aug 10, 2016
Sold by
Hs Property Owner Llc
Bought by
Us Bank Trust Na and Arwl 2O14 Trust

Purchase Details

Closed on
Nov 3, 2014
Sold by
Miller Payseur Margie
Bought by
Hs Property Owner Llc

Purchase Details

Closed on
Jun 18, 2011
Bought by
Mcdonald Pauline M Estate
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 Type Sale Price Title Company
Warranty Deed $370,000 Tryon Title
Warranty Deed $370,000 Tryon Title
Warranty Deed $40,000 --
Special Warranty Deed -- None Available
Special Warranty Deed $100,000 None Available
Warranty Deed $64,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,085 FHA
Closed $127,085 FHA
Previous Owner $220,000 New Conventional
Previous Owner $94,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $369,900 0.0% $202 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/04/2025 02/04/25 Price Changed $369,900 -3.9% $202 / Sq Ft
01/14/2025 01/14/25 For Sale $385,000 +862.5% $210 / Sq Ft
10/14/2022 10/14/22 Sold $40,000 0.0% $25 / Sq Ft
09/24/2022 09/24/22 For Sale $40,000 -- $25 / 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
2025 $3,689 $345,130 $25,000 $320,130
2024 $267 $25,000 $25,000 $0
2023 $465 $43,010 $25,000 $18,010
2022 $1,638 $123,140 $18,000 $105,140
2021 $1,662 $123,140 $18,000 $105,140
2019 $1,675 $123,140 $18,000 $105,140
2018 $1,589 $113,515 $18,000 $95,515
2017 $1,562 $113,515 $18,000 $95,515
2016 $1,562 $111,599 $0 $0
2014 $1,368 $97,688 $22,500 $75,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3907352

Canopy MLS (Canopy Realtor® Association)

APN: 108426