$112,000
SOLD MAR 15, 2021

902 W 2nd Ave Gastonia, NC 28052

1 Bed
2 Baths
1,135 Sq Ft
436 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

7% Below List Price

143 Days on Market

About This Home

As of December 2022

Currently under renovation in Loray Mill Village Nation Historic District, this home is available for a new owner to complete. Work is currently at insulation and sheet rock stage with rough-in inspections completed per seller. Floor plan features open concept in kitchen, dining and living room. Gas Fireplace. Study could be a second bedroom. Home is sold with Historic Property Covenant recorded with deed a part of which requires owner occupancy and an active Rehabilitation Agreement. All new Victor Windows. New roof, updated framing and siding look beautiful. 27'x6' front porch will be ideal for a rocking chair or swing when finished. 10'x5' back porch. Potential to add stairs for finished attic space. Charming older area with sidewalk lined streets located just blocks from restored Loray Mill, Optimist Park and FUSE District currently under construction. Be a part of the revitalization efforts!

Last Agent to Sell the Property

William Barnes

Allen Tate Gastonia License #180112 Listed on: 09/14/2020

Allen Tate Gastonia

Last Buyer's Agent

Crystal Lane

Oak and Willow Realty LLC License #252800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Insulated Windows
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 106012
  • Tax Block 105

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93333
  • Ratio Close Price By Original Li: 0.93333
  • Ratio Current Price By Acre: 5894736.84
  • Ratio Current Price By Sq Ft: 98.68
  • Year Built: 1926
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 1
  • Doors and Windows: Insulated Windows
  • Fireplace Description: Fireplace Insert, Living Room, Natural Gas
  • Fireplace: Yes
  • Fixture Exception Description: claw foot bathtub.
  • Fixture Exception Yn: Yes
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1135
  • Total Sq Ft: 1135

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Yorkchester
  • High School: Hunter Huss

Lot Info

  • Lot Dimension: 91x92
  • Lot Size Area: 0.019
  • Parcel Number: 106012
  • Plat Book Slide: 005
  • Plat Reference Section Pages: 1173
  • Zoning Specification: Res

Tax Info

  • Tax Value: 78200.00
  • Tax Block: 105
  • Tax Location: Gastonia

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
2.22%
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

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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
Warranty Deed $215,000 --
Warranty Deed $112,000 None Available
Warranty Deed $37,000 None Available
Warranty Deed $32,000 None Available
Warranty Deed $24,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,105 FHA
Previous Owner $148,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
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: CAR3662459

Canopy MLS (Canopy Realtor® Association)

APN: 106012