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1301 Midwood Drive

1301 Midwood Drive, Gastonia, NC 28052
Property in Gaston
Sold Oct 15, 2021
$338,000
$270,320 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2051
Sold Jun 01, 1992
$60,000
1301 Midwood Drive in Gastonia, NC was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1301 Midwood Drive has 2,378 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,424 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 1301 Midwood Drive sold most recently in Oct 15, 2021 for a total of $338,000. If you work out the math, that's approximately a cost of $142.14 per sqft. Before that, the property was also sold for $60,000 in Jun 1, 1992. 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 $3,446 in taxes each year. 1301 Midwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $319,050. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $289,050. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,378
  • Building Area: 2,378
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESLEY PARK
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: WESLEY PARK BLK 4 L 1 01 087 014 00 000

Ownership

  • Current Owner : SHREFFLER DICKSON
  • Previous Owner : LEVAN ROBERT M
  • Previous Owner 2: LEVAN LISA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GASTONIA CITY
  • Census Tract: 033203

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MP 11 PG 62
  • District: GASTONIA CIT
  • Parcel: 113490
  • Block: 4
  • Municipality: GASTONIA CITY
  • Latitude: 35.2452
  • Longitude: -81.2061

    Address

  • Full Address: 1301 Midwood Dr
  • Address - House Number: 1301
  • Address - Street Name: Midwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C025
  • 4-Digit Zip Code: 5254
  • Zip Code: 28052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,446

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 332,034
  • High Value: 411,352
  • Low Value: 252,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,320
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $270,320
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $154,510
  • Market Land Value: $20,000
  • Market Improvement Value: $134,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,050
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $289,050

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11872415575
  • Current Sale Price: $338,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 01, 1992
  • Previous Sale Contract Date: Jun 01, 1992
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $270,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 1301 Midwood Drive located in?
The 1301 Midwood Drive is a located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 1301 Midwood Drive?
The average sales price for units in 1301 Midwood Drive is $0 currently.

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