NOT LISTED FOR SALE

5617 Old Town Ln Gastonia, NC 28056

Estimated Value: $564,000 - $605,000

5 Beds
3 Baths
2,569 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $360,000 $140 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,699/month

4 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Attached Garage
  • Cramerton Middle School Rated A-
  • Engineered Wood Flooring
  • Walk-In Closet

About This Home

As of September 2020

Relax and enjoy the serene backyard from the oversized deck or the adjacent patio - feels like a park!You'll love the sweeping openness of the two story great room that's full of light and finished with wood floors. The flow from the great room into the bright dining room & eat-in kitchen make this such a vibrant home. The advantage of two bedrooms on the main floor is so difficult to find! The large owner's suite and well-appointed ensuite includes a large closet, separate shower, tub and water closet. Upstairs, there are 2 well-sized bedrooms, one of which has two closets. Additionally, the 5th bedroom/bonus offers so many options for use as a bedroom or multi-purpose room. Situated on a cul-de-sac street, there is no through traffic. A home for total enjoyment and relaxation, ready for you!

Last Agent to Sell the Property

Scott Farmer

Scott Farmer Properties, Inc. License #86372 Listed on: 07/17/2020

Co-Listed By

Meg Farmer

Scott Farmer Properties, Inc. License #114398

Last Buyer's Agent

Kerianne Wilcox

Wilcox Real Estate Group License #279574

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Oven

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 215302
  • Tax Block 017

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02887
  • Ratio Close Price By Original Li: 1.02887
  • Ratio Current Price By Acre: 631578.95
  • Ratio Current Price By Sq Ft: 140.13
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 849
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Natural Gas, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Dining room crystal ceiling fixture
  • Fixture Exception Yn: Yes
  • Flooring: Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1720
  • Total Sq Ft: 2569

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 30.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: New Hope
  • Middle School: Cramerton
  • High School: South Point (NC)

Lot Info

  • Lot Dimension: 85x179x170x244
  • Lot Features: Level, Sloping, Trees
  • Lot Size Area: 0.570
  • Parcel Number: 215302
  • Plat Book Slide: 075
  • Zoning Specification: Res

Tax Info

  • Tax Value: 309290.00
  • Tax Block: 017
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 9, 2020
Sold by
Short Elizabeth F and Huffsteiler Elizabeth Short
Bought by
Markwith Jenna Victoria and Markwith Sean
Seller's Agent
Scott Farmer
Scott Farmer Properties, Inc.
Buyer's Agent
Kerianne Wilcox
Wilcox Real Estate Group
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Current Estimated Value
$587,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,487
Avg. Annual Appreciation
10.22%
Original Mortgage
$288,000
Outstanding Balance
$258,465
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,658

Purchase Details

Closed on
Dec 15, 2016
Sold by
Smith Taylor W and Smith Jennifer D
Bought by
Huffstetler Elizabeth Short

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Castlegate Homes Inc
Bought by
Smith Jennifer D and Smith Taylor W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
C C H Residential Developers Llc
Bought by
Castlegate Homes Inc
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 Buyer Sale Price Title Company
Markwith Jenna Victoria $360,000 None Available
Huffstetler Elizabeth Short $300,000 None Available
Smith Jennifer D $257,000 None Available
Castlegate Homes Inc $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markwith Sean $65,000
Open Markwith Jenna Victoria $288,000
Previous Owner Short Elizabeth $33,700
Previous Owner Huffstetler Elizabeth Short $240,000
Previous Owner Smith Jennifer D $231,300
Previous Owner Smith Jennifer D $231,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $360,000 +2.9% $140 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $349,900 -- $136 / 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
2024 $5,853 $547,540 $64,000 $483,540
2023 $5,913 $547,540 $64,000 $483,540
2022 $4,114 $309,290 $45,000 $264,290
2021 $4,175 $309,290 $45,000 $264,290
2019 $4,206 $309,290 $45,000 $264,290
2018 $3,977 $284,104 $37,215 $246,889
2017 $3,977 $284,104 $37,215 $246,889
2016 $3,977 $284,104 $0 $0
2014 $3,808 $271,996 $50,966 $221,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641569

Canopy MLS (Canopy Realtor® Association)

APN: 215302