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318 South South Street

318 South South Street, Gastonia, NC 28052
Property in Gaston
318 South South Street has been categorized by the local assessors in Gastonia, NC as a office type of property. The building on the property was first built in 1952 and is 72 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 318 South South Street has 5,824 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 11,326 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a flat style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. The property was last sold in Jan 3, 2019 for $127,500. That's $21.89 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2018 for $75,000. 318 South South Street was last assessed in 2023. The total value of the property was assessed at $360,150. Specifically, the land the property is located on was valued at $45,300. While improvements on the property were assessed at a total of $314,850. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,610. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 1
  • Bedroom Count: 0
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Business/Commerical Units Count: 21
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,824
  • Building Area: 5,824
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 5,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Land Acres: 0.26
  • Standard Land Use Code: Financial bldg
  • County Land Use Code: Cannabis dispensary
  • Legal Description 1: 01 051 033 00 000

Ownership

  • Current Owner : 318 SOUTH LLC
  • Previous Owner : ALLEN TERRY
  • Previous Owner 2: ALLEN CATHY
  • Owner Before Previous Owner: FIRST TENNESSEE BANK NATIONAL ASSOCIATIO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GAST DOWNTOWN S
  • Census Tract: 032801

Zoning

  • Zoning: OFF01

Geography

  • Assessors Map Reference: MB 1 MAP 51
  • District: GAST DOWNTOW
  • Parcel: 108635
  • Municipality: GAST DOWNTOWN SD
  • Latitude: 35.2595
  • Longitude: -81.1835

    Address

  • Full Address: 318 S South St
  • Address - House Number: 318
  • Street Direction: S
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C001
  • 4-Digit Zip Code: 4379
  • Zip Code: 28052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,610
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 07, 2027

    Market Valuation

  • Market Total Value: $179,620
  • Market Land Value: $45,300
  • Market Improvement Value: $134,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,150
  • Assessed Land Value: $45,300
  • Assessed Improvements Value: $314,850

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Transaction ID: 11560673262
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Contract Date: Nov 29, 2018
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWDOMINION BANK
  • First Mortgage Transaction Date: Jan 04, 2019
  • First Mortgage Loan Amount: $143,625
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jan 04, 2024

About Gastonia



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Frequently Asked Questions

What neighborhood is 318 South South Street located in?
The 318 South South Street is a located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 318 South South Street?
The average sales price for units in 318 South South Street is $0 currently.

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