NOT LISTED FOR SALE

602 & 606 W Garrison Blvd Gastonia, NC 28052

Estimated Value: $121,000 - $161,000

4 Beds
2 Baths
1,951 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $190,000 $97 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $834/month

18 Days on Market

About This Home

As of June 2021

INVESTORS! Two single family rentals ready to cash flow for YOU! 602 W Garrison blvd is 1022 sq ft 2 bed 1 bath brick home that is currently vacant with rental potential around $1200 +/-. This one has recently been renovated and is tenant ready. 606 W. Garrison blvd is 929 sq ft. 2 bed 1 bath with a long term month to month tenant in place that would like to stay. This one is currently rented for $895. Both homes share a driveway with separate parking. 602 is available to view, 606 can be viewed during due diligence period so tenant is not disturbed.

Last Agent to Sell the Property

Joshua Stillwell

Dickson Stillwell Real Estate License #283514 Listed on: 05/03/2021

Co-Listed By

Michael Dickson

Dickson Stillwell Real Estate License #120405

Last Buyer's Agent

Jane McCoy

Dalton Wade, Inc. License #313845

Dalton Wade, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.36

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Wood
  • Linoleum

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 108286 & 108285

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.84444
  • Ratio Close Price By Original Li: 0.84444
  • Ratio Current Price By Acre: 527777.78
  • Ratio Current Price By Sq Ft: 97.39
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Range, Microwave
  • Flooring: Linoleum, Wood
  • Laundry Location: Main
  • Total Sq Ft: 1951

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: .36
  • Lot Size Area: 0.360
  • Parcel Number: 108286 & 108285
  • Plat Book Slide: 006/070
  • Zoning Specification: RS-8

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 150140.00
  • Tax Location: Gastonia

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 22, 2021
Sold by
Gtown Redevelopment Llc
Bought by
Newton Jack Tyler
Seller's Agent
Joshua Stillwell
Dickson Stillwell Real Estate
Buyer's Agent
Jane McCoy
Dalton Wade, Inc.
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$143,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,113
Avg. Annual Appreciation
-6.19%

Purchase Details

Closed on
Oct 23, 2020
Sold by
Sparks Clarence J and Sparks J C
Bought by
Gtown Redevelopment Llc

Purchase Details

Closed on
Aug 16, 2016
Sold by
A & J Enterprises Llc
Bought by
Sparks C J
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
Newton Jack Tyler $215,000 None Available
Gtown Redevelopment Llc $42,000 None Available
Sparks C J $35,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $190,000 -15.6% $97 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $225,000 0.0% $115 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $225,000 -- $115 / 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 $956 $89,440 $25,000 $64,440
2024 $956 $89,440 $25,000 $64,440
2023 $966 $89,440 $25,000 $64,440
2022 $766 $57,580 $18,000 $39,580
2021 $777 $57,580 $18,000 $39,580
2020 $777 $57,580 $18,000 $39,580
2019 $783 $57,580 $18,000 $39,580
2018 $692 $49,407 $18,000 $31,407
2017 $692 $49,407 $18,000 $31,407
2016 $857 $61,186 $0 $0
2014 $849 $60,608 $22,500 $38,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3735816

Canopy MLS (Canopy Realtor® Association)

APN: 108285