Attention Investors !! Located in Mount Gilead, NC this 7 bedroom / 2.5 bath home was built in 1927 and sits on over 1.5 acres. Walking distance to downtown shops and restaurants. The property will require extensive renovation throughout including roof, facia, baths, front porch, basement and there is no central air. The heat is an oil furnace that provides steam to the radiators throughout the home. The owner does not make any representation to it's operation or function. The bones of the home seem sound and this could be the perfect project for the experienced investor. The owner is offering financing with approved credit and insurance with 20% down over a 15 year period at 9%APR.
Closed
$145,000
110 E Ingram St, Mount Gilead, NC 27306
7beds
3,657sqft
Single Family Residence
Built in 1927
1.56 Acres Lot
$333,500 Zestimate®
$40/sqft
$2,814 Estimated rent
Home value
$333,500
$283,000 - $384,000
$2,814/mo
Zestimate® history
Owner options
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$931/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mark McRae tilleryrealtor@gmail.com,
McRae Properties
Bought with:
Mark McRae
McRae Properties
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4135351
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom half
- Level: Main
Basement
- Level: Basement
Den
- Level: Main
Dining room
- Level: Main
Flex space
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Oil, Steam
Cooling
- Ceiling Fan(s), None
Appliances
- Included: None
- Laundry: Laundry Room
Features
- Flooring: Vinyl, Wood
- Basement: Full,Interior Entry,Walk-Out Access,Walk-Up Access
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 3,657
- Total interior livable area: 3,657 sqft
- Finished area above ground: 3,657
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 1.56 Acres
- Dimensions: 201 x 375
- Features: Level, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 750309152141
- Zoning: R-1
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
- Roof: Composition
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Features: None
- Subdivision: none
Location
- Region: Mount Gilead
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $135,946
- Annual tax amount: $3,367
- Date on market: 5/1/2024
- Cumulative days on market: 3 days
- Listing terms: Cash,Owner Financing
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $145,000$40/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4135351 Report a problem | ||
| 5/1/2024 | Listed for sale | $145,000+3.6%$40/sqft |
Source: Canopy MLS as distributed by MLS GRID #4135351 Report a problem | ||
| 4/12/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4119130 Report a problem | ||
| 3/15/2024 | Listed for sale | $140,000+21.7%$38/sqft |
Source: Canopy MLS as distributed by MLS GRID #4119130 Report a problem | ||
| 2/5/2024 | Sold | $115,000-16.1%$31/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/2/2019 | Sold | $137,000-2.1%$37/sqft |
Source: Public Record Report a problem | ||
| 11/29/2018 | Pending sale | $140,000$38/sqft |
Source: Owner Report a problem | ||
| 8/22/2018 | Price change | $140,000-6.7%$38/sqft |
Source: Owner Report a problem | ||
| 8/14/2018 | Listed for sale | $150,000+7.1%$41/sqft |
Source: Owner Report a problem | ||
| 11/4/2016 | Listing removed | $140,000$38/sqft |
Source: Owner Report a problem | ||
| 8/7/2016 | Listed for sale | $140,000+27.3%$38/sqft |
Source: Owner Report a problem | ||
| 3/16/2007 | Sold | $110,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,367 +103.9% | $138,576 +1.9% |
| 2024 | $1,652 +2.5% | $135,946 |
| 2023 | $1,611 | $135,946 |
| 2022 | $1,611 | $135,946 |
| 2021 | $1,611 | $135,946 |
| 2020 | $1,611 | $135,946 +33.1% |
| 2019 | -- | $102,100 |
| 2018 | -- | $102,100 |
| 2017 | $1,164 | $102,100 |
| 2016 | $1,164 | $102,100 |
| 2015 | $1,164 | $102,100 +0% |
| 2014 | $1,164 | $102,057 |
| 2013 | -- | $102,057 |
| 2012 | -- | $102,057 |
| 2011 | -- | -- |
Find assessor info on the county website
Neighborhood: 27306
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Nearby schools
GreatSchools rating
- 2/10Mount Gilead ElementaryGrades: PK-5Distance: 0.3 mi
- 6/10West MiddleGrades: 6-8Distance: 7.8 mi
- 7/10Montgomery Learning AcademyGrades: 6-12Distance: 11.3 mi
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- North Carolina
- Montgomery County
- Mount Gilead
- 27306
- 110 E Ingram St
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