NOT LISTED FOR SALE

902 W 2nd Ave Gastonia, NC 28052

Estimated Value: $183,000 - $245,000

2 Beds
2 Baths
1,133 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $215,000 $190 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,456/month

148 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Front Porch
  • 1-Story Property

About This Home

As of December 2022

This historic home is located in the Loray Mill Village National Historic District and is close to the F.U.S.E. District and Optimist Park. It was renovated under a Historic Preservation Rehab Agreement. The open concept living, kitchen, and dining area is complete with new stainless steel appliances, quartz countertops, and includes a period mantel over a gas log fireplace insert to make entertaining guests a treat. The claw foot tub in the second bathroom along with beadboard wainscoting will take you back in time. Primary bedroom with en suite includes the laundry closet. Featuring VictorBilt windows & Thermatru doors. No HOA, but Preservation North Carolina/Loray Mill Village Protective Covenants govern all updates or replacements to elements of this home. These Covenants also require owner occupancy, enabling you to become part of the Loray Mill Village revitalization efforts!

Last Agent to Sell the Property

Krista Hodgkin

EXP Realty LLC Brokerage Email: krista.hodgkin@exprealty.com License #335874 Listed on: 06/24/2022

EXP Realty LLC

Last Buyer's Agent

Shameka Hentz

Keller Williams Connected License #117978

Keller Williams Connected

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1926

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R1, SFL-R1

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,133 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Pleasant Ridge Elementary School
  • Yorkchester Middle School
  • Hunter Huss High School

Utilities

  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Firestone Cotton Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,387

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1926
  • Restrictions: Architectural Review,Historical,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Preservation North Carolina guidelines
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.76
  • Attribution Contact: krista.hodgkin@exprealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1133
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1133
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log, Insert, Living Room
  • Living Area: 1133
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Wood
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 106012
  • Zoning: SFL-R1
  • Plat Book Slide: 005/105
  • Development Status: Completed
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Pleasant Ridge
  • High School: Hunter Huss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Dec 16, 2022
Sold by
Downtown Holdings Llc
Bought by
Mcghee Mark A
Seller's Agent
Krista Hodgkin
EXP Realty LLC
Buyer's Agent
Shameka Hentz
Keller Williams Connected
List Price
$274,900
Sold Price
$215,000
Premium/Discount to List
-$59,900
-21.79%
Views
84
Current Estimated Value
$227,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,121
Avg. Annual Appreciation
2.21%
Original Mortgage
$211,105
Outstanding Balance
$205,809
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$21,688

Purchase Details

Listed on
Sep 14, 2020
Closed on
Mar 12, 2021
Sold by
Blackburn Frederick M and Blackburn Beth A
Bought by
Downtown Holdings Llc
Seller's Agent
William Barnes
Allen Tate Gastonia
Buyer's Agent
Crystal Lane
Oak and Willow Realty LLC
List Price
$120,000
Sold Price
$112,000
Premium/Discount to List
-$8,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.85%
Original Mortgage
$148,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 27, 2018
Closed on
Sep 25, 2018
Sold by
Historic Preservation Foundation Of Nort
Bought by
Blackburn Fredrick M and Blackburn Beth A
Seller's Agent
William Barnes
Allen Tate Gastonia
Buyer's Agent
William Barnes
Allen Tate Gastonia
List Price
$37,000
Sold Price
$37,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.16%

Purchase Details

Closed on
Feb 27, 2018
Sold by
Lease Purchase Inc
Bought by
The Historic Preservation Foundation Of

Purchase Details

Closed on
May 16, 2007
Sold by
Gregory S Ballard Properties Llc
Bought by
Tritt Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
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
Mcghee Mark A $215,000 --
Downtown Holdings Llc $112,000 None Available
Blackburn Fredrick M $37,000 None Available
The Historic Preservation Foundation Of $32,000 None Available
Tritt Anthony P $24,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcghee Mark A $211,105
Previous Owner Downtown Holdings Llc $148,000
Previous Owner Tritt Anthony P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $215,000 -2.3% $190 / Sq Ft
11/08/2022 11/08/22 Price Changed $219,950 -4.3% $194 / Sq Ft
10/21/2022 10/21/22 Price Changed $229,950 -4.2% $203 / Sq Ft
10/04/2022 10/04/22 Price Changed $239,950 -3.7% $212 / Sq Ft
10/01/2022 10/01/22 Price Changed $249,250 -0.1% $220 / Sq Ft
09/16/2022 09/16/22 Price Changed $249,400 -0.2% $220 / Sq Ft
08/06/2022 08/06/22 Price Changed $249,900 -2.0% $221 / Sq Ft
07/29/2022 07/29/22 Price Changed $254,900 -1.9% $225 / Sq Ft
07/21/2022 07/21/22 Price Changed $259,900 -1.9% $229 / Sq Ft
07/14/2022 07/14/22 Price Changed $264,900 -1.9% $234 / Sq Ft
07/07/2022 07/07/22 Price Changed $269,900 -1.8% $238 / Sq Ft
06/24/2022 06/24/22 For Sale $274,900 +145.4% $243 / Sq Ft
03/15/2021 03/15/21 Sold $112,000 -6.7% $99 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $120,000 +7.1% $106 / Sq Ft
12/31/2020 12/31/20 Off Market $112,000 -- --
09/14/2020 09/14/20 For Sale $120,000 +224.3% $106 / Sq Ft
10/03/2018 10/03/18 Sold $37,000 0.0% $35 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $37,000 0.0% $35 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $37,000 -- $35 / 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 $2,387 $223,330 $10,500 $212,830
2023 $2,412 $223,330 $10,500 $212,830
2022 $1,290 $97,000 $6,000 $91,000
2021 $1,056 $78,200 $6,000 $72,200
2020 $991 $73,390 $6,000 $67,390
2019 $660 $27,280 $6,000 $21,280
2018 $341 $24,340 $6,000 $18,340
2017 $341 $24,340 $6,000 $18,340
2016 $341 $24,340 $0 $0
2014 $529 $37,799 $10,000 $27,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876467

Canopy MLS (Canopy Realtor® Association)

APN: 106012