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509 North Broad Street

509 North Broad Street, Gastonia, NC 28054
House in Gaston
Sold Jun 18, 2020
$58,000
Sold Nov 14, 2008
$40,000
$105,000 by Branch Banking And Trust Co
Mortgage
Local assessors in Gastonia, NC have categorized 509 North Broad Street as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 4,356 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 509 North Broad Street has a total of 952 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - D+. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 509 North Broad Street sold most recently in Jun 17, 2020 for a total of $58,000. If you work out the math, that's approximately a cost of $60.92 per sqft. Before that, the property was also sold for $40,000 in Nov 12, 2008. 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 $1,320 in taxes each year. 509 North Broad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,250. If we break it down further, the land itself was valued at $4,360. Improvements to the property, however, were assessed at a total of $117,890. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Frontage Feet: 0
  • Total Building Area: 952
  • Building Area: 952
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J M HAWKINS SUBDIVISION
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: GASTONIA COTTON MFG CO BLK E L 14 01 021 075 00 000

Ownership

  • Current Owner : MILAM SEBGTGUEBE V
  • Current Owner 2: SAFE REFUGE TRUST
  • Previous Owner : WARREN CHRISTOPHER CASS
  • Owner Before Previous Owner: BAUMGARNER RUEL P
  • Owner Before Previous Owner 2: NORMAN SHELLY LYNN BAUMGARNER
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GASTONIA CITY
  • Census Tract: 032000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 1 PG 48
  • District: GASTONIA CIT
  • Parcel: 103986
  • Block: E
  • Municipality: GASTONIA CITY
  • Latitude: 35.2691
  • Longitude: -81.1774

    Address

  • Full Address: 509 N Broad St
  • Address - House Number: 509
  • Street Direction: N
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C021
  • 4-Digit Zip Code: 2508
  • Zip Code: 28054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,320

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 160,612
  • High Value: 198,980
  • Low Value: 122,244

    Market Valuation

  • Market Total Value: $57,080
  • Market Land Value: $10,000
  • Market Improvement Value: $47,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,250
  • Assessed Land Value: $4,360
  • Assessed Improvements Value: $117,890

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Transaction ID: 11770151873
  • Current Sale Price: $58,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 14, 2008
  • Previous Sale Contract Date: Nov 12, 2008
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Nov 14, 2008
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Gastonia



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Frequently Asked Questions

What neighborhood is 509 North Broad Street located in?
The 509 North Broad Street is a house located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 509 North Broad Street?
The average sales price for units in 509 North Broad Street is $0 currently.

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