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4020 South New Hope Road

4020 South New Hope Road, Gastonia, NC 28056
Property in Gaston
1 Units For Sale
Unit for sale at 4020 S New Hope Road, Gastonia, NC 28056

$500,000

  • Commercial
  • 1,413 ft²
4020 S New Hope Road, Gastonia, NC 28056 Listing by Andy Reynolds

Local assessors in Gastonia, NC have categorized 4020 South New Hope Road as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 37,462 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4020 South New Hope Road has a total of 1,413 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's oil is the primary heating source and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,553 in taxes per year. The property on 4020 South New Hope Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $236,360. To break that down further, the land itself was valued at $129,000. While improvements to the property were assessed at a total of $107,360. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230601
06/01/2023
Loft
-
1413 ft²
$500,000
bedrooms
Loft
bathrooms
-
square feet
1413 ft²
-
-
-
Andy Reynolds
Keller Williams Fort Mill

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Conventional
  • 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
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,413
  • Building Area: 1,413
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Oil
  • Heated Square Feet: 1,413
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: WARREN L P/13,14-20 15 056A 044 00 000

Ownership

  • Current Owner : FARR JOHN LUTHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GASTONIA CITY
  • Census Tract: 032509

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 7 PG 103
  • District: GASTONIA CIT
  • Parcel: 188588
  • Municipality: GASTONIA CITY
  • Latitude: 35.2206
  • Longitude: -81.0906

    Address

  • Full Address: 4020 S New Hope Rd
  • Address - House Number: 4020
  • Street Direction: S
  • Address - Street Name: New Hope
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Gastonia
  • Carrier Code: R018
  • 4-Digit Zip Code: 8451
  • Zip Code: 28056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,553

    Appraisal Valuation

  • Standard Deviation: 0.1009
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 90
  • Final Value: 512,548
  • High Value: 564,450
  • Low Value: 460,646

    Market Valuation

  • Market Total Value: $155,670
  • Market Land Value: $146,200
  • Market Improvement Value: $9,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,360
  • Assessed Land Value: $129,000
  • Assessed Improvements Value: $107,360

    Sales

  • Current Sale Contract Date: Sep 01, 1991
  • Current Sale Recording Date: Sep 01, 1991
  • Current Sale Transaction ID: 1730511906
  • Current Sale Document Type: Deed

About Gastonia



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Frequently Asked Questions

What neighborhood is 4020 South New Hope Road located in?
The 4020 South New Hope Road is a located in the neighborhood of Gaston in Gastonia, Gastonia.
How many listings are currently for sale in 4020 South New Hope Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 4020 South New Hope Road?
The average sales price for units in 4020 South New Hope Road is $500,000 , or $354/sqft. currently.

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