NOT LISTED FOR SALE

5416 Old Farm Rd Unit 9 Gastonia, NC 28056

Estimated Value: $432,000 - $473,000

3 Beds
2.5 Baths
2,229 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $375,000 $168 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,623/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Attached Garage
  • Cramerton Middle School Rated A-
  • Wood Flooring
  • Many Trees

About This Home

As of August 2021

Secluded Brick Ranch on 2 beautiful acres. Vaulted ceilings, built-ins, hardwood floors, updated kitchen has granite counter tops. Large sunroom open to the very private lot. Garage/storage building tucked into the trees.

Last Agent to Sell the Property

Debbie Scarborough

Keller Williams Ballantyne Area License #174174 Listed on: 06/24/2021

Keller Williams Ballantyne Area

Last Buyer's Agent

Maria Walter

Southern Homes of the Carolinas, Inc License #225429

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 2.02

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Outbuilding
  • Many Trees
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 194214

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01626
  • Ratio Close Price By Original Li: 1.01626
  • Ratio Current Price By Acre: 185643.56
  • Ratio Current Price By Sq Ft: 168.24
  • Year Built: 1984
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range
  • Fireplace Description: FAMILYRM, Gas Logs, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2229
  • Total Sq Ft: 2229

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Bess
  • Middle School: Cramerton
  • High School: Forestview

Lot Info

  • Lot Dimension: 200x439x200x441
  • Lot Features: Trees
  • Lot Size Area: 2.020
  • Parcel Number: 194214
  • Plat Book Slide: 037/057
  • Zoning Specification: R1

Tax Info

  • Tax Value: 252280.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 13, 2021
Sold by
Morris Melody Grace and Crabtree Lenora Lei
Bought by
Pena Divi and Pena Angel Reinaldo
Seller's Agent
Debbie Scarborough
Keller Williams Ballantyne Area
Buyer's Agent
Maria Walter
Southern Homes of the Carolinas, Inc
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Current Estimated Value
$454,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,708
Avg. Annual Appreciation
4.71%
Original Mortgage
$356,250
Outstanding Balance
$323,942
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$130,766

Purchase Details

Closed on
Sep 17, 2012
Sold by
Mosley Vivian B
Bought by
Vivian B Mosley Revocable Living Trust
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
Pena Divi $375,000 Chicago Title
Vivian B Mosley Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Divi $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $375,000 +1.6% $168 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $369,000 -- $166 / 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 $2,854 $399,670 $47,730 $351,940
2024 $2,854 $399,670 $47,730 $351,940
2023 $2,778 $399,670 $47,730 $351,940
2022 $2,351 $255,520 $39,790 $215,730
2021 $2,286 $252,280 $39,790 $212,490
2019 $2,283 $252,280 $39,790 $212,490
2018 $2,062 $217,759 $41,645 $176,114
2017 $2,062 $217,759 $41,645 $176,114
2016 $2,065 $218,064 $0 $0
2014 $2,263 $241,564 $55,000 $186,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3749414

Canopy MLS (Canopy Realtor® Association)

APN: 194214