$115,000
SOLD FEB 9, 2024

720 Mutual Rd Gastonia, NC 28052

2 Beds
2 Baths
1,178 Sq Ft
0.37 Acres

Recently Sold

$98 Per Sq Ft

26% Below List Price

45 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2024

Two bedroom, two bath home located in Gastonia. Large living room and kitchen. Two bedrooms with additional room/ living space. Covered front porch, gated driveway and large back yard.
Great investment opportunity! Property being sold as-is

Last Agent to Sell the Property

Claire Simpson

Simpson Properties Brokerage Email: claire@simpsonpropertiesnc.com License #294462 Listed on: 10/13/2023

Co-Listed By

Thomas R Simpson

Simpson Properties Brokerage Email: claire@simpsonpropertiesnc.com License #125385

Last Buyer's Agent

Tony Karak

Better Homes and Garden Real Estate Paracle License #311207

Better Homes and Garden Real Estate Paracle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1913

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 101945

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,126

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1913
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 97.62
  • Geocode Confidence: High
  • Attribution Contact: claire@simpsonpropertiesnc.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1178
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1178
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1178
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Parcel Number: 101945
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 8, 2024
Sold by
Ira Club
Bought by
Cedarplanted Investments Llc
Seller's Agent
Claire Simpson
Simpson Properties
Buyer's Agent
Tony Karak
Better Homes and Garden Real Estate Paracle
List Price
$155,000
Sold Price
$115,000
Premium/Discount to List
-$40,000
-25.81%
Total Days on Market
45
Views
459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$187,817
Outstanding Balance
$185,349
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$49,385

Purchase Details

Closed on
Feb 14, 2019
Sold by
No Fear Investments Llc
Bought by
Ira Club and Melissa Mcrae Ira

Purchase Details

Closed on
May 29, 2018
Sold by
Piedmont Property Group Llc
Bought by
No Fear Investments Llc

Purchase Details

Closed on
Nov 18, 2005
Sold by
M & M Properties & Investment Llc
Bought by
Piedmont Property Group Llc

Purchase Details

Closed on
Oct 1, 2004
Sold by
Citifinancial Mortgage Co Inc
Bought by
M & M Properties & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Rudisill Valorie and Rudisil Monroe
Bought by
Citifinancial Mortgage Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2000
Sold by
Hoffman Sales & Development Inc
Bought by
Rudisill Monroe and Rudisill Valorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,349
Interest Rate
8.17%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Associates Home Equity Services Inc
Bought by
Hoffman Sales & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,349
Interest Rate
8.17%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Huffstetler Michael David and Huffstetler Kirri R
Bought by
Associates Home Equity Services Inc
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 Type Sale Price Title Company
Warranty Deed $115,000 Meridian Title
Warranty Deed $105,500 None Available
Warranty Deed $25,000 None Available
Warranty Deed $40,000 --
Special Warranty Deed $27,000 Chicago Title Insurance Comp
Trustee Deed $40,000 --
Warranty Deed $67,000 --
Warranty Deed $35,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,817 New Conventional
Previous Owner $490,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $34,000 Purchase Money Mortgage
Previous Owner $65,349 No Value Available
Previous Owner $47,800 No Value Available
Closed $4,124 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $149,900 +30.3% --
02/09/2024 02/09/24 Sold $115,000 -25.8% $98 / Sq Ft
10/13/2023 10/13/23 For Sale $155,000 -- $132 / 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 $1,126 $113,910 $12,500 $101,410
2023 $1,138 $105,340 $12,500 $92,840
2022 $791 $59,460 $6,000 $53,460
2021 $803 $59,460 $6,000 $53,460
2019 $261 $19,170 $6,000 $13,170
2018 $403 $28,819 $6,000 $22,819
2017 $422 $28,819 $6,000 $22,819
2016 $422 $30,169 $0 $0
2014 $612 $43,728 $12,000 $31,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4078662

Canopy MLS (Canopy Realtor® Association)

APN: 101945