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Sold for $55,000
  • $55,000

    1020 N Nc Highway 37 N, Gates, NC 27937

    2beds
    --sqft
    Single Family Residence
    Built in 1958
    0.49 Acres Lot
    $50,000 Zestimate®
    $--/sqft
    $1,377 Estimated rent

    Home value

    $50,000

    Estimated sales range

    Not available

    $1,377/mo

    Zestimate® history
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    What's special

    Enclosed front porchUtility roomDining area
    Great opportunity to purchase a fixer-upper at auction and renovate to your own specifications! Located in the Town of Gates, this home was built in 1958 and sits on approximately 0.49 acres. The property features 2 bedrooms, 1 bathroom, a kitchen, dining area, living room, enclosed front porch, and utility room. Conveniently located near US Highway 13, the property offers easy access to Virginia and the surrounding northeastern North Carolina region. The home is being sold as-is and offers potential as a long-term rental investment, renovation project, or possible resale opportunity. The property is being sold with the representation that it does not currently have a functioning heat source. As a result, exact heated square footage is unavailable; however, the home is estimated to contain approximately 900 to 1,000 square feet. No septic permit on file! The property will be sold via online-only auction with bidding ending July 14, 2026, at 7:00 PM. Bidding opens on July 1st! Cash sale only. No pre-auction offers will be considered. Contact the listing agent for auction terms, bidding instructions, and information on how to participate. The list price is for advertising purposes only and does not represent the seller's asking price, a starting bid amount, or the final sales price

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Forbes 252-766-1600,

    United Country Forbes Realty & Auctions LLC

    Bought with:

    Jake Forbes, 240818

    United Country Forbes Realty & Auctions LLC

    Source: Hive MLS,MLS#: 100581644MLS LogoOriginating MLS: Albemarle Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bedroom 1, Bedroom 2, Living Room, Dining Room, Utility Room, Bathroom 1
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None
    Features
    • None
    • Flooring: Carpet
    • Basement: None
    • Attic: Pull Down Stairs
    Interior area
    • Total structure area: 0
    • Living area range: 0 - 200 null

    Property

    Parking
    • Parking features: Unpaved
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Patio & porch: Enclosed, Front Porch
    • Fencing: None
    • Has view: Yes
    • View description: See Remarks
    • Waterfront features: None
    • Frontage type: See Remarks
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 0300268
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood Frame
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: County Water
    • Utilities for property: Water Connected
    Green energy
    • Green verification: None

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Gates

    Financial & listing details

    • Tax assessed value: $97,592
    • Annual tax amount: $943
    • Date on market: 6/14/2026
    • Cumulative days on market: 31 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/27/2026Sold$55,000+10%
    Source: Hive MLS #100581644 Report a problem
    7/16/2026Pending sale$50,000
    Source: Hive MLS #100581644 Report a problem
    6/14/2026Listed for sale$50,000
    Source: Hive MLS #100581644 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$944 +9.3%$97,592 +43%
    2024$863 $68,262
    2023$863 $68,262
    2022$863 +4.1%$68,262
    2021$829 +43.2%$68,262
    2020$579 -30.1%--
    2019$829 +45.8%$68,262
    2018$569 $68,262
    2017-- $68,262 -4.7%
    2016-- $71,626
    2015-- $71,626
    2014-- $71,626
    2013-- $71,626
    2012-- $71,626
    2011-- $71,626
    2010-- $71,626
    Find assessor info on the county website

    Neighborhood: 27937

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Buckland Elementary
    • Middle: Central Middle School
    • High: Gates County High

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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