NOT LISTED FOR SALE

701 Raindrops Rd Gastonia, NC 28054

Estimated Value: $252,000 - $278,000

3 Beds
2.5 Baths
1,150 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $290,000 $252 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,576/month

25 Days on Market

About This Home

As of June 2022

Welcome home to this beautiful 3 bed, 2.5 bath home in Gastonia! Fresh paint throughout. New carpet on second floor. Gorgeous, new granite in kitchen. Stainless Steel appliances(range, dishwasher and vent hood). New roof! New water heater! Don’t miss!

Last Agent to Sell the Property

Marty Walsh

OfferPad Brokerage LLC License #307342 Listed on: 05/12/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.4

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Zoning described as R2

Community Details

  • Superior Association, Phone Number (704) 875-7299
  • Sundance Village Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 201408

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.4 Acres

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Ratio Current Price By Acre: 725000.00
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 559
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 591
  • Appliances: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1150
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Gaston
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Superior Association
  • Phone: 704-875-7299
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: susan@superioram.net

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 201408
  • Zoning Description: R2

Tax Info

  • RATIO List Price By Tax Amount: 2.65112

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Sfr Jv 2 Ntl Borrower Llc
Bought by
Sfr Jv-2 2024-2 Borrower Llc
Current Estimated Value
$259,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,773,000
Outstanding Balance
$678,257,607
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$677,998,496

Purchase Details

Closed on
Oct 17, 2022
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv-2 Property Llc and Tricon American Homes Llc

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 3, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Sfr Jv-2 Property Llc
Seller's Agent
Marty Walsh
OfferPad Brokerage LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.94%

Purchase Details

Listed on
May 12, 2022
Closed on
Apr 18, 2022
Sold by
Jonathan Cobo
Bought by
Offerpad Spe Borrower A Llc
Seller's Agent
Marty Walsh
OfferPad Brokerage LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 17, 2018
Sold by
Raindrops Revolution Llc
Bought by
Cobo Jonathan
Seller's Agent
Pam Johnson
PJ Properties Real Estate and Property Management LLC
Buyer's Agent
Monte Grandon
ERA Live Moore
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$122,735
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 27, 2017
Sold by
Paolicelli Michael Anthony and Paolicelli Janet
Bought by
Raindrops Revolution Llc
Seller's Agent
Pam Johnson
PJ Properties Real Estate and Property Management LLC
Buyer's Agent
Pam Johnson
PJ Properties Real Estate and Property Management LLC
Sold Price
$1,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$91,920
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 4, 2017
Sold by
Maiers Adam and Maiers April
Bought by
Paolicelli Michael Anthony and Paolicelli Janet
Seller's Agent
Pam Johnson
PJ Properties Real Estate and Property Management LLC
Buyer's Agent
Pam Johnson
PJ Properties Real Estate and Property Management LLC
Sold Price
$1,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Maiers Adam and Maiers April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
4.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2009
Sold by
Adair Elizabeth Gail and Adair Christopher
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 27, 2004
Sold by
Dan Moser Co Inc
Bought by
Adair Christopher and Adair Elizabeth Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,020
Interest Rate
5.35%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sfr Jv-2 2024-2 Borrower Llc -- None Listed On Document
Sfr Jv-2 Property Llc -- --
Sfr Jv-2 Property Llc $290,000 Chicago Title
Offerpad Spe Borrower A Llc $245,000 First American Title
Cobo Jonathan $125,000 None Available
Raindrops Revolution Llc -- None Available
Paolicelli Michael Anthony $115,000 None Available
Maiers Adam -- None Available
Secretary Of Housing & Urban Development $121,082 None Available
Adair Christopher $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-2 2024-2 Borrower Llc $686,773,000
Previous Owner Cobo Jonathan $122,735
Previous Owner Paolicelli Michael Anthony $91,920
Previous Owner Maiers Adam $45,600
Previous Owner Adair Christopher $117,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $290,000 0.0% $252 / Sq Ft
05/12/2022 05/12/22 For Sale $289,900 +131.9% $252 / Sq Ft
08/24/2018 08/24/18 Sold $125,000 0.0% $106 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $125,000 +8.8% $106 / Sq Ft
12/04/2017 12/04/17 Sold $114,900 0.0% $97 / Sq Ft View Prior Sale
12/04/2017 12/04/17 Rented $1,095 0.0% --
12/04/2017 12/04/17 For Rent $1,095 0.0% --
10/30/2017 10/30/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $114,900 0.0% $97 / Sq Ft
02/02/2015 02/02/15 Rented $900 -5.3% --
01/03/2015 01/03/15 Under Contract -- -- --
10/14/2014 10/14/14 For Rent $950 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,417 $226,090 $22,000 $204,090
2024 $2,417 $226,090 $22,000 $204,090
2023 $2,442 $226,090 $22,000 $204,090
2022 $1,454 $109,350 $17,000 $92,350
2021 $1,476 $109,350 $17,000 $92,350
2019 $1,487 $109,350 $17,000 $92,350
2018 $1,057 $75,503 $19,200 $56,303
2017 $1,057 $75,503 $19,200 $56,303
2016 $1,057 $75,503 $0 $0
2014 $1,636 $116,836 $30,000 $86,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3860273

Canopy MLS (Canopy Realtor® Association)

APN: 201408

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