Check Availability

512 South Lee Street

512 South Lee Street, Gastonia, NC 28052
Property in Gaston
Sold Jan 17, 2020
$150,000
$120,000 by Truist Bank
Mortgage Due Feb 01, 2035
Local assessors in Gastonia, NC have categorized 512 South Lee Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 14,375 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 10 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 South Lee Street has a total of 3,214 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 - B. The building has a gable or hip style roof that was made of shingle (not wood). Lots of stucco 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, 512 South Lee Street sold most recently in Jan 16, 2020 for a total of $150,000. If you work out the math, that's approximately a cost of $46.67 per sqft. 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 $4,129 in taxes each year. 512 South Lee Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $382,270. 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 $352,270. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1910
  • Effective Year Built: 1910
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,214
  • Building Area: 3,214
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 01 051 155 00 000

Ownership

  • Current Owner : DALY PATRICK J
  • Current Owner 2: DALY ELIZABETH EDDY
  • Previous Owner : DALY BRENDA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: YORK-CHEST. HIS
  • Census Tract: 032801

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 1 MAP 51
  • District: YORK-CHEST.
  • Parcel: 108756
  • Municipality: YORK-CHEST HIST
  • Latitude: 35.2567
  • Longitude: -81.1852

    Address

  • Full Address: 512 S Lee St
  • Address - House Number: 512
  • Street Direction: S
  • Address - Street Name: Lee
  • Address - Suffix Type: St
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C010
  • 4-Digit Zip Code: 4012
  • Zip Code: 28052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,129

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 63
  • Final Value: 364,282
  • High Value: 458,862
  • Low Value: 269,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jan 17, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $233,390
  • Market Land Value: $24,000
  • Market Improvement Value: $209,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,270
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $352,270

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Transaction ID: 11722575954
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jan 17, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2035

About Gastonia



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 407 Chester Street, Gastonia, NC, 28052

$1,245 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,060 ft²
407 Chester Street #8, Gastonia, NC, 28052 Listing by Christopher Newbern
Unit for rent at 810 Evening Shade Lane, Gastonia, NC, 28052

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 870 ft²
810 Evening Shade Lane, Gastonia, NC, 28052 Listing by Yesica Gonzalez

Frequently Asked Questions

What neighborhood is 512 South Lee Street located in?
The 512 South Lee Street is a located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 512 South Lee Street?
The average sales price for units in 512 South Lee Street is $0 currently.

Quantcast