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Gaston 28056
513 Oregon Way
$283,000
● House - Off Market

513 Oregon Way

Gastonia, NC 28056
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,727 Ft²
$1,461
Est. Monthly

About This Property

TWO PRIMARY SUITES ON MAIN LEVEL!!! Looking for an open concept home with no City Taxes, a fenced yard and garage? Check out Cedar Grove! 3 bedrooms and 3 full baths.  PLUS, there is a bonus room/office/guest room with a closet and window.  Nice sized deck and an outside storage building. Convenient to Grocery Stores (Less than 4 miles to the Harris Teeter on Robinwood Road), Crowder's Mountain (9.3 miles), Stowe Botanical (6.4 miles), I-85 (8 miles) and Charlotte Airport (20 miles). New HVAC, New LVP flooring, New Countertops, Fresh paint throughout. Seller is OFFERING CONCESSIONS to be used however buyer wants. The living room has beautiful wood paneled walls, but the seller is willing to paint if requested.
Unit Size
1,727 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4184431)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 21, 2024 In contract -
In contract
Nov 16, 2024 Price Decreased $297,500
↓ $3K (0.8%)
Price Decreased
Oct 25, 2024 Listed by Kelly Properties $300,000
Listed by Kelly Properties
Nov 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,676
  • Building Area: 1,676
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 1010
  • Legal Description 1: CEDAR GROVE BLK A L 27 10 095 015 00 000

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: UNION ROAD FD
  • Census Tract: 033309

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 33 PG 30
  • District: UNION ROAD F
  • Parcel: 147170
  • Block: A
  • Municipality: UNION ROAD FD
  • Latitude: 35.1782
  • Longitude: -81.1698

    Address

  • Full Address: 513 Oregon Way
  • Address - House Number: 513
  • Address - Street Name: Oregon
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Gastonia
  • Carrier Code: R008
  • 4-Digit Zip Code: 9055
  • Zip Code: 28056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $162,700

    Appraisal Valuation

  • Standard Deviation: 0.2706
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 61
  • Final Value: 300,246
  • High Value: 381,499
  • Low Value: 218,993

    Market Valuation

  • Market Total Value: $140,310
  • Market Land Value: $20,000
  • Market Improvement Value: $120,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,100
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: Oct 31, 2005
  • Current Sale Recording Date: Nov 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 14, 2004
  • Previous Sale Contract Date: Nov 17, 2004
  • Previous Sale Amount: $85,339
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gaston

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$195

Above Asking

0.26%

Average Days on Market

68

Average Home Size

2006 ft²

Average Home Age

34 years

Currently For Sale

1149 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4921 Benton Avenue, Gastonia, NC, 28056

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,302 ft²
4921 Benton Avenue, Gastonia, NC, 28056 Listing by Breyana Baxter
Unit for rent at 803 Robinson Road, Gastonia, NC, 28056

$1,795 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
803 Robinson Road, Gastonia, NC, 28056 Listing by Joshua Stillwell

Rentals Near You

Click here to view more rentals in the neighborhood.
CANOPYMLS

Listed by: Mary Kelly, Kelly Properties
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4184431
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 513 Oregon Way built and last sold?
The property at 513 Oregon Way was built in 1979 and last sold on Oct 31, 2005 for $130,300.
How much is this home worth?
The estimated value of the home located at 513 Oregon Way is $0.
What are some comparable homes to 513 Oregon Way?
There are currently no comparable homes to 513 Oregon Way.
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