$310,000
SOLD MAY 15, 2025

7201 Gilead Rd Huntersville, NC 28078

3 Beds
2.5 Baths
1,885 Sq Ft
0.61 Acres

Recently Sold

$164 Per Sq Ft

24% Above List Price

3 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 1-Story Property
  • Fireplace
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

This charming 3-bedroom, 2.5-bath home in a prime Huntersville location is a fantastic opportunity for first-time homebuyers or investors. Sitting on a spacious 0.60-acre lot, this home offers plenty of outdoor space and includes a 1-car garage for convenience. The master suite features a walk-in closet and a roomy bathroom, providing a comfortable retreat. An unfinished basement presents endless possibilities—whether transformed into a cozy hangout space or used for extra storage. Plus, the roof is equipped with solar panels, adding energy efficiency and potential savings. With a little personalization, this home has great potential to truly make it your own!

Last Agent to Sell the Property

Brian Bain

Keller Williams Unlimited Brokerage Email: brian@bainfrey.com License #278890 Listed on: 03/10/2025

Keller Williams Unlimited

Last Buyer's Agent

Maggie Li

Helen Adams Realty License #287207

Helen Adams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1940

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Unfinished Basement
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Property is zoned TR
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 009-032-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 164.46
  • Geocode Confidence: High
  • Attribution Contact: brian@bainfrey.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1885
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1585
  • Sq Ft Unheated Total: 1585
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Microwave
  • Above Grade Finished Sq Ft: 1885
  • Has Basement: Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1885
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 300
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • 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: 0.61
  • Lot Size Units: Acres
  • Parcel Number: 009-032-23
  • Zoning Specification: TR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
May 14, 2025
Sold by
Commissioner/Mecklenburg County
Bought by
Gao Xiaoqing and Gao Xiao Qing
Seller's Agent
Brian Bain
Keller Williams Unlimited
Buyer's Agent
Maggie Li
Helen Adams Realty
List Price
$250,000
Sold Price
$310,000
Premium/Discount to List
$60,000
24%
Views
82
Current Estimated Value
$308,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,724
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Sep 22, 2017
Sold by
Craig William A
Bought by
Craig William Alonzo and Jensen Smantha Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Ford Randall E and Ford Susan W
Bought by
Craig William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Commissioners Deed $310,000 None Listed On Document
Commissioners Deed $310,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $150,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,000 New Conventional
Previous Owner $115,480 New Conventional
Previous Owner $156,000 Fannie Mae Freddie Mac
Previous Owner $128,000 Purchase Money Mortgage
Previous Owner $127,700 Credit Line Revolving
Closed $24,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $310,000 +24.0% $164 / Sq Ft
03/10/2025 03/10/25 For Sale $250,000 -- $133 / 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 $2,500 $323,200 $89,600 $233,600
2023 $2,500 $323,200 $89,600 $233,600
2022 $1,981 $211,900 $40,500 $171,400
2021 $1,964 $211,900 $40,500 $171,400
2020 $1,939 $211,900 $40,500 $171,400
2019 $1,933 $211,900 $40,500 $171,400
2018 $1,993 $166,800 $31,000 $135,800
2017 $1,965 $166,800 $31,000 $135,800
2016 $1,962 $166,800 $31,000 $135,800
2015 $1,958 $166,800 $31,000 $135,800
2014 $1,956 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4225185

Canopy MLS (Canopy Realtor® Association)

APN: 009-032-23