NOT LISTED FOR SALE

88 5th St Cramerton, NC 28032

Estimated Value: $267,000 - $293,000

2 Beds
1.5 Baths
1,154 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $241,000 $209 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,667/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • 1-Story Property
  • New Hope Elementary School Rated 10
  • Shed
  • Level Lot

About This Home

As of January 2022

Wonderful home walking distance to downtown shops, restaurants, Goat Island and Riverside Park! This beautifully updated bungalow with a large rocking chair front porch is ready for you to move right in! Charming is the feeling of this open and bright 2 bedroom home. Kitchen is updated with stainless appliances and pantry. Master suite has lovely bathroom and great space. The lifestyle you will enjoy can't be beat! Large patio with room for dining, grilling and relaxing under the market street lights in your fenced, private backyard. Large storage building has power to it. Spend time kayaking the South Fork, take a walk on the thread trail, fish from the pier and have lunch at the picnic shelter! It feels like your own little slice of paradise but still just 20 minutes to the airport and 30 minutes to downtown Charlotte. This is one of Cramerton's most eclectic neighborhoods!

Last Agent to Sell the Property

Cathy Young

Howard Hanna Allen Tate Gastonia License #139483 Listed on: 12/21/2021

Howard Hanna Allen Tate Gastonia

Last Buyer's Agent

John R. Bolin

Howard Hanna Allen Tate Gastonia License #100462

Howard Hanna Allen Tate Gastonia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,841

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Tile

Schools

  • New Hope Elementary School
  • Cramerton Middle School
  • Stuart W Cramer High School

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 195825
  • Tax Block 032

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98367
  • Ratio Close Price By Original Li: 1.07111
  • Ratio Current Price By Acre: 1338888.89
  • Ratio Current Price By Sq Ft: 208.84
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Oven
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1154
  • Total Sq Ft: 1154

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Middle Or Junior School: Cramerton

Lot Info

  • Lot Dimension: 80x90x93x89
  • Lot Features: Level
  • Parcel Number: 195825
  • Plat Book Slide: 008
  • Zoning Specification: R1

Tax Info

  • Tax Value: 141320.00
  • Tax Block: 032
  • Tax Location: Gaston

MLS Schools

  • Elementary School: New Hope
  • High School: Stuart W Cramer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jan 28, 2022
Sold by
Carey Lewis Brittany Renee and Carey Jonathan
Bought by
Watts Logan Elizabeth
Seller's Agent
Cathy Young
Howard Hanna Allen Tate Gastonia
Buyer's Agent
John R. Bolin
Howard Hanna Allen Tate Gastonia
List Price
$225,000
Sold Price
$241,000
Premium/Discount to List
$16,000
7.11%
Current Estimated Value
$278,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,392
Avg. Annual Appreciation
3.73%
Original Mortgage
$224,200
Outstanding Balance
$207,340
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$71,052

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jun 9, 2017
Sold by
Ja Ja Properties Llc
Bought by
Carey Brittany Renee
Seller's Agent
Susan Volz
RE/MAX Executive
Buyer's Agent
Jennifer Simmons
Premier South
List Price
$144,900
Sold Price
$135,500
Premium/Discount to List
-$9,400
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$135,500
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 27, 2017
Sold by
Jones Shim W
Bought by
Ja Ja Properties Llc
Seller's Agent
Jeff Steup
Midtown Properties, LLC
Buyer's Agent
Susan Volz
RE/MAX Executive
List Price
$89,900
Sold Price
$63,000
Premium/Discount to List
-$26,900
-29.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
739.24%
Original Mortgage
$89,600
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Green Thomas Roscoe and Green Shirley
Bought by
Jones Shim W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Watts Logan Elizabeth $241,000 W Porter Rhoton Iii Attorney A
Carey Brittany Renee $135,500 None Available
Ja Ja Properties Llc $60,000 None Available
Jones Shim W $24,255 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Logan Elizabeth $224,200
Previous Owner Carey Brittany Renee $135,500
Previous Owner Ja Ja Properties Llc $89,600
Previous Owner Jones Shim W $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $241,000 +7.1% $209 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $225,000 +66.1% $195 / Sq Ft
06/09/2017 06/09/17 Sold $135,500 -6.5% $114 / Sq Ft View Prior Sale
03/21/2017 03/21/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $144,900 +130.0% $122 / Sq Ft
01/30/2017 01/30/17 Sold $63,000 -29.9% $58 / Sq Ft View Prior Sale
01/06/2017 01/06/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $89,900 -- $83 / 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 $2,554 $248,180 $24,000 $224,180
2024 $2,566 $248,180 $24,000 $224,180
2023 $2,618 $248,180 $24,000 $224,180
2022 $1,816 $141,320 $18,000 $123,320
2021 $1,844 $141,320 $18,000 $123,320
2019 $1,858 $141,320 $18,000 $123,320
2018 $824 $61,283 $18,000 $43,283
2017 $824 $61,283 $18,000 $43,283
2016 $824 $61,283 $0 $0
2014 $755 $56,133 $22,500 $33,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3814870

Canopy MLS (Canopy Realtor® Association)

APN: 195825