NOT LISTED FOR SALE

85 Gates Bank Rd Gates, NC 27937

Estimated Value: $90,563 - $216,000

1 Bed
1 Bath
624 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $39,000 $62 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $786/month

41 Days on Market

Highlights

  • No HOA
  • Space Heater
  • Carpet
  • 1-Story Property

About This Home

As of August 2017

This compact 2 bedroom, 1 bath home is located in Gates County on a 1 acre lot & is priced well below tax value. It is not far from the Virginia state line, is move in ready and has had some updates. The living room has a gas space heater and a split wall unit for heat and air conditioning. The kitchen includes the refrigerator and range and has room for a table and chairs. There is also a door in the kitchen that leads to a side porch. The 2 bedrooms are both a nice size and flank a full bathroom. There are replacement windows and updated storm doors. Out back, there is a storage building., Air Conditioning-Other

Last Agent to Sell the Property

Meryl Brown

Joe Murray Realty, Llc Listed on: 06/30/2017

Last Buyer's Agent

Meryl Brown

Joe Murray Realty, Llc Listed on: 06/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Attic Access Panel
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: One
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Carpet, Vinyl
  • Interior Amenities: None
  • List Price per Sq Ft: 62.50
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 4
  • Sq Ft Heated: 624.00
  • Total Heated Primary Separate Sq Ft: 624.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Heating System: Other-See Remarks, Space Heater
  • Service Providers Electric Provider: Dominion NC Power
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Other, Propane Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 659.00
  • Lot Acres: 1.00
  • Lot Sq Ft: 43560.00
  • Lot Water Features: None

Tax Info

  • Tax Year: 2017
  • Total Real Estate Property Taxes: 372.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jul 25, 2017
Sold by
Hymes Jermaine and Hymes Erica
Bought by
Andrews James Russell and Diggs Andrea
Seller's Agent
Meryl Brown
Joe Murray Realty, Llc
Buyer's Agent
Meryl Brown
Joe Murray Realty, Llc
Sold Price
$39,000
Current Estimated Value
$136,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,391
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Jan 1, 1955
Bought by
Hall Ora
Source: Public Records

Range of Values:

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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
Andrews James Russell $39,000 None Available
Hall Ora -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2017 11/16/17 Off Market $39,000 -- --
08/10/2017 08/10/17 Sold $39,000 -- $63 / Sq Ft
Source: Hive 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 $720 $65,678 $27,800 $37,878
2024 $729 $53,500 $23,480 $30,020
2023 $729 $53,500 $23,480 $30,020
2022 $729 $53,500 $23,480 $30,020
2021 $703 $53,500 $23,480 $30,020
2020 $703 $53,500 $23,480 $30,020
2019 $703 $5,350,000 $2,348,000 $3,002,000
2018 $447 $53,500 $23,480 $30,020
2017 $407 $53,500 $0 $0
2016 -- $58,112 $0 $0
2015 -- $58,112 $0 $0
2014 -- $58,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Meryl Brown

    Joe Murray Realty, Llc

See All Agents

Map

Source: Hive MLS

MLS Number: 887195

Hive MLS

APN: 04-00172

North Carolina Gates County Gates 27937

85 Gates Bank Rd, Gates, NC

This home is located at 85 Gates Bank Rd, Gates, NC 27937 since 30 June 2017 and is currently estimated at $136,391, approximately $218 per square foot. This property was built in 1955. 85 Gates Bank Rd is a home located in Gates County with nearby schools including Gates County Senior High School.

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