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407 East 3rd Avenue

407 East 3rd Avenue, Gastonia, NC 28054
Property in Gaston
Sold May 01, 2002
$80,000
$71,202 by Harwood Russell Mtg Inc
Mortgage Due May 01, 2032
Sold Jan 28, 2002
$13,000
$45,000 by First Charter Bank
Mortgage
407 East 3rd Avenue in Gastonia, NC was first built in 2002 and is 22 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 407 East 3rd Avenue has 1,050 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 7,405 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. 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 alum/vinyl siding. 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, 407 East 3rd Avenue sold most recently in Apr 30, 2002 for a total of $80,000. If you work out the math, that's approximately a cost of $76.19 per sqft. Before that, the property was also sold for $13,000 in Jan 23, 2002. 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 $2,187 in taxes each year. 407 East 3rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,540. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $185,040. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND PARK SUBDIVISION
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: OAKLAND PARK BLK 1 L 1 01 054 102 00 000

Ownership

  • Current Owner : HUFFSTETLER LAURA J
  • Previous Owner : GILLESPIE WILLIAM W
  • Previous Owner 2: GILLESPIE JIMMIE C
  • Owner Before Previous Owner: MITCHEM DANIEL D
  • Owner Before Previous Owner 2: MITCHEM HAZEL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GASTONIA CITY
  • Census Tract: 032703

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 78 PG 342
  • District: GASTONIA CIT
  • Parcel: 109266
  • Block: 1
  • Municipality: GASTONIA CITY
  • Latitude: 35.2585
  • Longitude: -81.1758

    Address

  • Full Address: 407 E 3rd Ave
  • Address - House Number: 407
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C050
  • 4-Digit Zip Code: 0416
  • Zip Code: 28054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,187

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 199,247
  • High Value: 246,845
  • Low Value: 151,650

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $82,377
  • First Open Lien Mortgage Lender: HARWOOD RUSSELL MTG INC
  • First Open Lien Mortgage Recording Date: May 01, 2002
  • First Open Lien Mortgage Loan Amount: $71,202
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2032
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Aug 17, 2023
  • Second Open Lien Mortgage Loan Amount: $11,175
  • Second Open Lien Mortgage Term: 193
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2039

    Market Valuation

  • Market Total Value: $86,300
  • Market Land Value: $8,000
  • Market Improvement Value: $78,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,540
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $185,040

    Sales

  • Current Sale Contract Date: Apr 30, 2002
  • Current Sale Recording Date: May 01, 2002
  • Current Sale Transaction ID: 1197091090
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 28, 2002
  • Previous Sale Contract Date: Jan 23, 2002
  • Previous Sale Amount: $13,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARWOOD RUSSELL MTG INC
  • First Mortgage Transaction Date: May 01, 2002
  • First Mortgage Loan Amount: $71,202
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2032
  • Second Mortgage Loan Amount: $10,000

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHARTER BANK
  • Previous Mortgage Transaction Date: Jan 28, 2002
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Gastonia



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701 S New Hope Road, Gastonia, NC, 28054 Listing by Michelle Messick

Frequently Asked Questions

What neighborhood is 407 East 3rd Avenue located in?
The 407 East 3rd Avenue is a located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 407 East 3rd Avenue?
The average sales price for units in 407 East 3rd Avenue is $0 currently.

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