Seller's Agent in 2024
John R. Bolin
Allen Tate Realtors
(704) 214-3088
410 Total Sales
1733 Spencer Mountain Rd Gastonia, NC 28054
Estimated Value: $163,000 - $200,000
3
Beds
2
Baths
1,017
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- Level Lot
- Front Porch
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
As of May 2024Looking for an investment opportunity in the real estate market? Look no further! Introducing this property with not one, but two income-generating units!
The front home features a 30 year architectural roof, replacement windows, 2 bedrooms and one bath, kitchen, laundry and den and rents for 750.00 per month and in good condition with lots of updates in the last 10-12 years, while the rear dwelling needs lots of work, but has 2 rooms being used as bedrooms and one bath, along with kitchen and rents for 350.00 per month. These are month to month and it is my understanding the tenants want to stay, but are to be out by 5/12/24.
This rear unit will need extensive floor work and updating, so very little value is given to that unit.
Town of Ranlo provides water and sewer.
Last Listed By
Allen Tate Gastonia Brokerage Email: john.bolin@allentate.com License #100462 Listed on: 04/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,892
Year Built
- Built in 1920
Lot Details
- Level Lot
- Property is zoned R1
Parking
- Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,017 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Vinyl Flooring
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Front Porch
Schools
- Brookside Elementary School
- Holbrook Middle School
- North Gaston High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 196458
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
May 28, 2024
Sold by
Ladd John Joseph and Ladd Leslie Anne
Bought by
Motley Jacob N
Seller's Agent
John R. Bolin
Allen Tate Gastonia
Buyer's Agent
Jordan Daywalt
EXP Realty Of Piedmont NC LLC
List Price
$180,000
Sold Price
$173,000
Premium/Discount to List
-$7,000
-3.89%
Total Days on Market
9
Views
1494
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,229
Avg. Annual Appreciation
2.08%
Original Mortgage
$138,400
Outstanding Balance
$137,258
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$38,971
Purchase Details
Closed on
Dec 28, 2022
Sold by
Ladd John Joseph
Bought by
Ladd John Joseph and Ladd Leslie Anne
Purchase Details
Closed on
Apr 30, 1996
Bought by
Ladd Family Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Motley Jacob N | $173,000 | Tryon Title | |
| Ladd John Joseph | -- | -- | |
| Ladd Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Motley Jacob N | $138,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $173,000 | -3.9% | $170 / Sq Ft |
| 04/16/2024 04/16/24 | For Sale | $180,000 | -- | $177 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,892 | $162,550 | $14,000 | $148,550 |
| 2023 | $1,861 | $162,550 | $14,000 | $148,550 |
| 2022 | $1,088 | $76,610 | $10,000 | $66,610 |
| 2021 | $1,089 | $76,610 | $10,000 | $66,610 |
| 2019 | $1,017 | $76,610 | $10,000 | $66,610 |
| 2018 | $890 | $65,703 | $9,600 | $56,103 |
| 2017 | $748 | $65,703 | $9,600 | $56,103 |
| 2016 | $743 | $55,266 | $0 | $0 |
| 2014 | $922 | $69,641 | $15,000 | $54,641 |
Source: Public Records
Agents Affiliated with this Home
-
John R. Bolin
-
Jordan Daywalt
J
Buyer's Agent in 2024
Jordan Daywalt
EXP Realty Of Piedmont NC LLC
(704) 880-8715
4 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4127005
APN: 196458
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