NOT LISTED FOR SALE

5602 Lewis Rd Gastonia, NC 28052

Estimated Value: $144,000 - $208,826

2 Beds
1 Bath
1,026 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $130,000 $127 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,052/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Space Heater
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of September 2024

Perfect for DIY enthusiasts, this 2-bedroom, 1-bathroom home sits on a spacious 1.5-acre corner lot, offering endless possibilities. The interior is filled with natural light and features a functional layout, ready for your personal touch. A walk-out basement provides additional space for storage or future expansion. While some updates are needed, the home offers a solid foundation to create your dream retreat. The expansive lot is ideal for gardening, outdoor projects, or simply enjoying the peace and quiet of rural living. Seize this rare opportunity to transform a diamond in the rough into your perfect country escape!

Last Agent to Sell the Property

Jasmine Craig

Mark Spain Real Estate Brokerage Email: craigjasmine@gmail.com License #353927 Listed on: 08/30/2024

Mark Spain Real Estate

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1958

Lot Details

  • Property is zoned R1

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Oven
  • Laundry Room

Flooring

  • Wood
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Chapel Grove Elementary School
  • Southwest Middle School
  • Hunter Huss High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Septic Tank

Community Details

  • Chapel Grove Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156133

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 126.71
  • Geocode Confidence: High
  • Attribution Contact: craigjasmine@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: No
  • Flooring: Laminate, Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1026
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1026
  • Has Basement: Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1026
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Space Heater
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Window Unit(s)
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 156133
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Chapel Grove
  • High School: Hunter Huss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 20, 2024
Sold by
Stone Michael Eugene
Bought by
Ponce Elguin Marlin
Seller's Agent
Jasmine Craig
Mark Spain Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$165,000
Sold Price
$130,000
Premium/Discount to List
-$35,000
-21.21%
Views
18
Current Estimated Value
$184,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,207
Avg. Annual Appreciation
33.38%

Purchase Details

Closed on
Jul 23, 2024
Sold by
Rorie Carol
Bought by
Rorie Carol and Rorie Donnovon

Purchase Details

Closed on
Apr 15, 2010
Sold by
Federal National Mortgage Association
Bought by
Stone Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,346
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Stiles Roger D and Stiles Connie H
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 26, 2001
Sold by
Scott Eric and Scott Alicia
Bought by
Stiles Roger D and Stiles Connie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,290
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2000
Sold by
Hud
Bought by
First United Group and Mayes Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.96%

Purchase Details

Closed on
Oct 4, 2000
Sold by
First United Group Llc
Bought by
Scott Eric and Scott Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.96%

Purchase Details

Closed on
May 17, 1999
Sold by
Buchanan Roy E Donna C
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ponce Elguin Marlin $130,000 None Listed On Document
Rorie Carol -- None Listed On Document
Stone Michael -- None Available
Fannie Mae $115,516 None Available
Stiles Roger D $40,001 --
First United Group -- --
Scott Eric $75,000 --
Hud $47,829 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Michael $42,346
Previous Owner Stiles Roger D $56,290
Previous Owner Scott Eric $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $130,000 -21.2% $127 / Sq Ft
08/30/2024 08/30/24 For Sale $165,000 -- $161 / 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 $1,030 $144,290 $17,780 $126,510
2024 $1,030 $144,290 $17,780 $126,510
2023 $1,003 $144,290 $17,780 $126,510
2022 $867 $94,270 $11,860 $82,410
2021 $870 $94,270 $11,860 $82,410
2020 $870 $94,270 $11,860 $82,410
2019 $880 $94,270 $11,860 $82,410
2018 $764 $78,324 $11,514 $66,810
2017 $764 $78,324 $11,514 $66,810
2016 $764 $78,324 $0 $0
2014 $735 $76,207 $13,740 $62,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4177840

Canopy MLS (Canopy Realtor® Association)

APN: 156133