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1168 Drum Hill Road

1168 Drum Hill Road, Gates, NC 27937
House in Gates
1168 Drum Hill Road has been categorized by the local assessors in Gates, NC as a type of property. The building on the property was first built in 1940 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 1168 Drum Hill Road has 1,769 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,251,914 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1168 Drum Hill Road sold most recently in Mar 18, 2022 for a total of $360,000. If you work out the math, that's approximately a cost of $203.50 per sqft. Before that, the property was also sold for $80,000 in Apr 2, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $154,225 in taxes each year. 1168 Drum Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,077. If we break it down further, the land itself was valued at $94,081. Improvements to the property, however, were assessed at a total of $54,996. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
Off Street Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220303
03/03/2022
3 Bed
2 Bath
-
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
T.K. Warden
RE/MAX Coastal Associates


Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,251,914
  • Total Building Area: 1,769
  • Building Area: 1,769
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,769
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: N H GURGANUS TRACT
  • Land Acres: 0000028740
  • Standard Land Use Code: 1001
  • County Land Use Code: D
  • Legal Description 1: BOOTHE

Neighborhood

  • School District Name: Gates County Schools
  • Census Tract: 970200

Zoning

  • Zoning: R1

Geography

  • Account Number: 106114
  • District: 4
  • Parcel: 04-00558
  • Municipality: 2874
  • Latitude: 36.5479
  • Longitude: -76.736

    Address

  • Full Address: 1168 Drum Hill Rd
  • Address - House Number: 1168
  • Address - Street Name: Drum Hill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Gates
  • Carrier Code: R101
  • 4-Digit Zip Code: 9748
  • Zip Code: 27937

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $154,225
  • Tax Rate Code Area: G01

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 67
  • Final Value: 324,441
  • High Value: 400,415
  • Low Value: 248,467

    Market Valuation

  • Market Total Value: $149,077
  • Market Land Value: $94,081
  • Market Improvement Value: $54,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,077
  • Assessed Land Value: $94,081
  • Assessed Improvements Value: $54,996

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 319789
  • Previous Sale Recording Date: May 21, 2018
  • Previous Sale Contract Date: Apr 02, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Gates



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Frequently Asked Questions

What neighborhood is 1168 Drum Hill Road located in?
The 1168 Drum Hill Road is a house located in the neighborhood of Gates in Gates, Gates.
What is the average sales price for listings in 1168 Drum Hill Road?
The average sales price for units in 1168 Drum Hill Road is $0 currently.