NOT LISTED FOR SALE

818 E Second Ave Gastonia, NC 28054

Estimated Value: $234,000 - $257,000

2 Beds
2 Baths
1,736 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $87,500 $50 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,382/month

7 Days on Market

About This Home

As of September 2019

Income producing duplex! Side A is bringing in $450 per month on a month to month lease. Side B is bringing in $425 and is also on a month to month lease. Separate Driveways for each unit. Good rental history. Long term tenants.

Last Agent to Sell the Property

Joshua Stillwell

Dickson Stillwell Real Estate License #283514 Listed on: 08/15/2019

Co-Listed By

Michael Dickson

Dickson Stillwell Real Estate License #120405

Last Buyer's Agent

Valerie Yates

NorthGroup Real Estate LLC License #288083

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.34

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 105634

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.76153
  • Ratio Close Price By Original Li: 0.76153
  • Ratio Current Price By Acre: 257352.94
  • Ratio Current Price By Sq Ft: 50.40
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s)
  • Flooring: Vinyl
  • Laundry Location: Main
  • Sq Ft Additional: 72
  • Total Sq Ft: 1736

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: .34
  • Parcel Number: 105634
  • Zoning Specification: UMU

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 98420.00
  • 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
Aug 15, 2019
Closed on
Sep 30, 2019
Sold by
Johnson Larry M and Estate Of Hazel M Johnson
Bought by
Commonwealth Morningside Properties Llc
Seller's Agent
Joshua Stillwell
Dickson Stillwell Real Estate
Buyer's Agent
Valerie Yates
NorthGroup Real Estate LLC
List Price
$114,900
Sold Price
$87,500
Premium/Discount to List
-$27,400
-23.85%
Current Estimated Value
$243,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,850
Avg. Annual Appreciation
17.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Commonwealth Morningside Properties Llc $175,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $87,500 -23.8% $50 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $114,900 -- $66 / 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 $1,322 $123,680 $33,320 $90,360
2024 $1,339 $125,270 $33,320 $91,950
2023 $1,353 $125,270 $33,320 $91,950
2022 $1,321 $99,310 $14,810 $84,500
2021 $1,329 $98,420 $14,810 $83,610
2019 $1,339 $98,420 $14,810 $83,610
2018 $1,186 $84,728 $14,810 $69,918
2017 $1,186 $84,728 $14,810 $69,918
2016 $1,186 $84,728 $0 $0
2014 $1,131 $80,792 $37,025 $43,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3540492

Canopy MLS (Canopy Realtor® Association)

APN: 105634