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
For sale
$50,000
1020 N Nc Highway 37 N, Gates, NC 27937
2beds
--sqft
Single Family Residence
Built in 1958
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Enclosed front porchUtility roomDining area
- 25 days |
- 2,787 |
- 176 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jake Forbes 252-766-1600,
United Country Forbes Realty & Auctions LLC
Source: Hive MLS,MLS#: 100581644
Originating 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
- 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: 25 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Listed for sale | $50,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $71,626 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27937
Nearby schools
GreatSchools rating
- 3/10Buckland ElementaryGrades: K-5Distance: 2.8 mi
- 4/10Central MiddleGrades: 6-8Distance: 5.5 mi
- 3/10Gates County Senior HighGrades: 9-12Distance: 5.5 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Gates County
- Gates
- 27937
- 1020 N Nc Highway 37 N





