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Sold for $150,000
  • $150,000

    902 Wellman St, Gastonia, NC 28054

    3beds
    1,904sqft
    SingleFamily
    Built in 1940
    0.25 Acres Lot
    $176,400 Zestimate®
    $79/sqft
    $1,633 Estimated rent

    Home value

    $176,400

    $143,000 - $208,000

    $1,633/mo

    Zestimate® history
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    $1,633/mo

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    Rent Zestimate®

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    $977/mo

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    $977/mo

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    What's special

    Welcome to an excellent addition to your real estate investment portfolio! This fantastic opportunity includes two charming houses nestled on a generous quarter-acre lot (902 & 904). The main residence (902) features three bedrooms, one bathroom, and spans 1,094 square feet. The second dwelling offers two bedrooms, one bathroom, with an approximate size of 1,000 square feet. The ARV for both properties is estimated at $269,000. Main house tenant occupied, but can be delivered vacant. Located in a well-established neighborhood of Smyre, this investment opportunity is situated in an area with an extremely low current vacancy rate of 0.0%. This is significantly lower than 100.0% of all neighborhoods in the United States, highlighting the strong demand for property in Smyre and the limited supply of available housing. Adding these two properties to your portfolio promises ample opportunities for positive cash flow. It's important to note that the seller's designated title company must be used for the transaction. We are not considering listings with real estate agents or creative financing options. This deal operates as an assignment and we are open to collaborating with buyer's agents to facilitate a smooth transaction process. Don't miss out on this promising real estate investment opportunity in Smyre!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,904 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 136668

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Footing
    • Roof: Composition
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Gastonia

    Financial & listing details

    • Price per square foot: $79/sqft
    • Tax assessed value: $185,150
    • Annual tax amount: $1,979

    Price history

    DateEventPrice
    1/5/2024Sold$150,000-14.3%$79/sqft
    Source: Public Record Report a problem
    11/9/2023Listed for sale$175,000$92/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,979 $185,150
    2024$1,979 -1%$185,150
    2023$2,000 +72.9%$185,150 +112.9%
    2022$1,157 -1.5%$86,980
    2021$1,174 $86,980
    2020$1,174 -0.7%$86,980
    2019$1,183 +68.4%$86,980 +73.3%
    2018$703 -9.7%$50,180 -9.7%
    2017$778 $55,580
    2016$778 $55,580 -24.2%
    2014$778 $73,293
    2012-- $73,293
    2011-- $73,293
    2010-- $73,293
    2009-- $73,293
    2008-- $73,293 -3.1%
    2007-- $75,650
    2006-- $75,650
    2005-- $75,650
    2004-- $75,650
    2003-- $75,650
    Find assessor info on the county website

    Neighborhood: 28054

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $176,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $176,400