NOT LISTED FOR SALE

5632 Old Town Ln Gastonia, NC 28056

Estimated Value: $613,000 - $674,778

5 Beds
3 Baths
2,898 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $505,000 $174 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,986/month

1 Day on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Separate Outdoor Workshop
  • Cramerton Middle School Rated A-
  • Engineered Wood Flooring
  • Attached Garage

About This Home

As of June 2021

Stop your search! You have found it in this one of a kind home in Cramer Woods! This spacious home offers a gourmet kitchen with gas cooktop and double oven, an oversized screened porch overlooking your huge back yard, built-in speakers in your great room, a 2 car sideload garage AND a 2 story 2 car detached garage/workshop. Master and an extra bedroom on the main level and 3 additional bedrooms upstairs. Lots of built-in cabinetry in kitchen.

Last Agent to Sell the Property

Tammy Cherry

Premier South License #56929 Listed on: 05/08/2021

Premier South

Last Buyer's Agent

Matthew Hanks

EXP Realty LLC Ballantyne License #91577

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.65

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Separate Outdoor Workshop
  • Open Lot

Community Details

  • Property Matters Association

Listing and Financial Details

  • Assessor Parcel Number 215305

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$10 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.06316
  • Ratio Close Price By Original Li: 1.06316
  • Ratio Current Price By Acre: 776923.08
  • Ratio Current Price By Sq Ft: 174.26
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1033
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Ice Maker Connection, Microwave, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Built-Ins, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 1312
  • Main Level Sq Ft: 1865
  • Total Sq Ft: 2898
  • Sq Ft Unheated Main: 438
  • Sq Ft Unheated Total: 438

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Garage - 4+ Car, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 30.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Property Matters
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: South Point (NC)

Lot Info

  • Lot Dimension: .65
  • Lot Features: Cul-de-sac Lot, Open Lot
  • Lot Size Area: 0.650
  • Parcel Number: 215305
  • Plat Book Slide: 075
  • Plat Reference Section Pages: 017
  • Zoning Specification: resident

Tax Info

  • Tax Value: 354160.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 7, 2021
Sold by
Russell Donald L and Russell Brenda A
Bought by
Hope Danen and Hope Jennifer
Seller's Agent
Tammy Cherry
Premier South
Buyer's Agent
Matthew Hanks
EXP Realty LLC Ballantyne
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%
Current Estimated Value
$631,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,945
Avg. Annual Appreciation
5.44%
Original Mortgage
$404,000
Outstanding Balance
$366,567
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,378

Purchase Details

Closed on
Mar 28, 2008
Sold by
Castlegate Homes Inc
Bought by
Russell Donald L and Russell Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hope Danen $505,000 None Available
Russell Donald L $335,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Darren $50,000
Open Hope Danen $404,000
Previous Owner Russell Donald L $75,000
Previous Owner Russell Donald L $170,000
Previous Owner Russell Donald L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $505,000 +6.3% $174 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $475,000 -- $164 / 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 $6,478 $605,990 $64,000 $541,990
2024 $6,478 $605,990 $64,000 $541,990
2023 $6,545 $605,990 $64,000 $541,990
2022 $4,710 $354,160 $45,000 $309,160
2021 $4,781 $354,160 $45,000 $309,160
2020 $4,781 $354,160 $45,000 $309,160
2019 $4,817 $354,160 $45,000 $309,160
2018 $4,775 $341,038 $38,418 $302,620
2017 $4,775 $341,038 $38,418 $302,620
2016 $4,775 $341,038 $0 $0
2014 $4,618 $329,876 $52,070 $277,806
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3737849

Canopy MLS (Canopy Realtor® Association)

APN: 215305