NOT LISTED FOR SALE

6957 Gate Dr Thomasville, NC 27360

Estimated Value: $194,000 - $280,000

3 Beds
2 Baths
1,587 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $70,000 $44 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,343/month

8 Days on Market

Highlights

  • 0.89 Acre Lot
  • Living Room with Fireplace
  • No HOA
  • Deck
  • Attic
  • Shed

About This Home

As of December 2013

Looking for a rustic mountain cabin feel? You will find it here! This 3BR/2BA needs some repair & TLC. Main level includes LR w/ wood burning FP, Kitchen, Dining Room, 2 BR & 1 BA. Upper level Master BR w/ private bath. Partially finished basement has FP, ½ bath & plenty of storage. Large deck on front of house in need of repair. Hopewell/BC/Archdale-Trinity/Wheatmore Schools. Condition of appliances unknown. .89 acre lot. Public water, 3BR septic system. Bank-owned, SOLD AS-IS. Seller addendum required.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 1974

Lot Details

  • 0.89 Acre Lot
  • Property is zoned RR

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,587 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Attic

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Archdale Trinity Middle School
  • Wheatmore High School

Utilities

  • Heating System Uses Wood
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Southgate Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6795072135
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Subdivision Name: Southgate Estates
  • Directions: Liberty Drive to Tower Rd OR Kennedy Rd, Turn Left onto Fuller Mill Rd, Turn Left onto Gate Drive, House on Right at end of cul-de-sac.
  • Above Grade Finished Sq Ft: 1587
  • Unit Levels: One and One Half
  • Year Built: 1974
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1587
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Compactor,Dishwasher, Water Heater: Electric
  • Flooring: Carpet, Tile, Vinyl
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 1587
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Deck, Storage Building(s)
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic
  • Cooling: Heat Pump
  • Heating: Electric Baseboard, Fireplace(s), Heat Pump, Electric, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopewell
  • High School: Wheatmore
  • Middle Or Junior School: Archdale Trinity

Lot Info

  • Parcel #: 6795072135
  • Zoning: RR
  • TRIADMLS_PlatPage: 10
  • TRIADMLS_PlatBook: 16

Tax Info

  • Tax Annual Amount: 922.58
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Dec 3, 2013
Sold by
Branch Banking And Trust Co
Bought by
Nelson Marc
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%
Current Estimated Value
$237,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,282
Avg. Annual Appreciation
10.61%
Original Mortgage
$95,642
Outstanding Balance
$72,082
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$165,200

Purchase Details

Closed on
Oct 17, 2012
Sold by
Bassetti Robert M and Bassetti Rose M
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Nov 7, 2003
Sold by
Bassetti Linda Heath
Bought by
Bassetti Robert Michael
Source: Public Records
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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
Nelson Marc $70,000 None Available
Branch Banking And Trust Co $85,000 None Available
Bassetti Robert Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Marc $95,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2013 12/04/13 Sold $70,000 -10.3% $44 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $78,000 -- $49 / Sq Ft
Source: Triad MLS

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 $1,229 $180,120 $42,360 $137,760
2024 $1,211 $180,120 $42,360 $137,760
2023 $1,211 $180,120 $42,360 $137,760
2022 $998 $120,710 $22,820 $97,890
2021 $998 $120,710 $22,820 $97,890
2020 $998 $120,710 $22,820 $97,890
2019 $998 $120,710 $22,820 $97,890
2018 $1,068 $124,740 $24,140 $100,600
2016 $1,043 $124,739 $24,140 $100,599
2015 $1,046 $124,739 $24,140 $100,599
2014 $1,046 $124,739 $24,140 $100,599
Source: Public Records

Map

Source: Triad MLS

MLS Number: 686495

Triad MLS

APN: 6795-07-2135