NOT LISTED FOR SALE

985 Surry Ln Unit E Gastonia, NC 28054

Estimated Value: $201,000 - $215,000

2 Beds
1.5 Baths
1,166 Sq Ft
871 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $193,500 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,319/month

33 Days on Market

About This Home

As of April 2022

This beautifully updated unit is ready for a new owner. Featuring brand new granite countertops, new flooring, neutral paint, and a spacious layout to make it feel like home. The second bedroom has an incredible bonus third floor that is fully finished and your next hang out spot! This popular community provides an outdoor pool and nice landscaping. Conveniently located near the Schiele Museum and Planetarium, the local hospital, parks, and many restaurants as well as the interstate. This townhome is sure to impress, schedule your appointment today.

Last Agent to Sell the Property

Rebecca Bonillo

Keller Williams Realty License #332470 Listed on: 03/17/2022

Keller Williams Realty

Last Buyer's Agent

Denise Perez

EXP Realty LLC Mooresville License #335251

EXP Realty LLC Mooresville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1984

Lot Details

  • 871

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Sherwood Elementary School
  • Grier Middle School
  • Ashbrook High School

Utilities

  • Forced Air Heating System

Community Details

  • Ferrington Place Condos
  • Ferrington Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115970

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,099

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1984
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Structure Type: Two and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 470
  • Third Level Sq Ft: 226
  • 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: 470
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1166
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Gastonia
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: On Street

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Complex Name: Ferrington Place
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Grier
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 115970
  • Land Included Yn: 0
  • Zoning Description: R2

Tax Info

  • RATIO List Price By Tax Amount: 2.55843

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Sherwood
  • High School: Ashbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 19, 2022
Sold by
Michael Lowrance Conner
Bought by
Wallace Samanda Justine
Seller's Agent
Rebecca Bonillo
Keller Williams Realty
Buyer's Agent
Denise Perez
EXP Realty LLC Mooresville
List Price
$185,000
Sold Price
$193,500
Premium/Discount to List
$8,500
4.59%
Current Estimated Value
$210,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,769
Avg. Annual Appreciation
2.50%
Original Mortgage
$192,000
Outstanding Balance
$178,476
Interest Rate
3.15%
Mortgage Type
Balloon
Estimated Equity
$31,793

Purchase Details

Closed on
Jul 19, 2019
Sold by
Jenkins Reese Edward Henry and Jenkins Reese Kay
Bought by
Lowrance Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,050
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2014
Sold by
Reese Edward Henry
Bought by
Reese Edward Henry and Reese Kay James
Source: Public Records

Range of Values:

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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
Wallace Samanda Justine $193,500 Law Office Of Chris Karrenstei
Lowrance Christopher M $93,000 None Available
Reese Edward Henry $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Samanda Justine $192,000
Previous Owner Lowrance Christopher M $79,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $193,500 +4.6% $166 / Sq Ft
03/17/2022 03/17/22 For Sale $185,000 -- $159 / 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 $2,099 $196,360 $0 $196,360
2024 $2,099 $196,360 $0 $196,360
2023 $2,121 $196,360 $0 $196,360
2022 $962 $72,310 $0 $72,310
2021 $976 $72,310 $0 $72,310
2020 $976 $72,310 $0 $72,310
2019 $1,016 $74,720 $0 $74,720
2018 $808 $57,693 $7,500 $50,193
2017 $808 $57,693 $7,500 $50,193
2016 $808 $57,693 $0 $0
2014 $1,025 $73,208 $7,500 $65,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3840099

Canopy MLS (Canopy Realtor® Association)

APN: 115970