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$229,000

Beds
2
Baths
1.0
sq ft
940

1116 East Drive, Gastonia, NC 28052

1116 East Drive

Gastonia, NC 28052

  • 38 days on market
Bright and airy beautifully renovated 2 bedroom, 1 bath home with a huge fenced backyard! The front facade is a masonry product that gives an adorable stone cottage feel! So many new features including new roof, paint, vinyl luxury plank flooring, cabinetry, plumbing, HVAC system, gas pack, deck, water heater, updated electrical, the list goes on and on. The open cook's kitchen features stunning one-of-a-kind countertops, new stainless steel appliances, and a large porcelain farmhouse sink. The light from all the windows will be a joy to cook in kitchen and eat in dining area while spending time with family. The bathroom is completely new with tiled surround and vanity. The new deck is a perfect spot for cookouts and spending evenings outside looking over the oversized private back yard. The yard is fenced and gated but the lot extends past the fence to include .38 acre. Large storage building. May be eligible for community lending program if meet certain guidelines.

Details

Property type

Single Family Residence

Est. home value

$123,191

Lot size

Unknown

Price per sq ft

$244

Year built

1948

Price History

01/15/2025
CanopyMLS

CanopyMLS #4211550

Listed
$229,000
+77.52%
07/28/2023
CanopyMLS

CanopyMLS #4049876

Sold
$129,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

August 2012

Original loan amount

$52,800

Est. remaining balance

$37,421

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Jason A Sain

Lender

Wells Fargo Bank Na

Loan start date

September 2005

Original loan amount

$56,234

Est. remaining balance

Not provided

Interest rate

5.77%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Jason A Sain

Lender

Sentry Mtg

Loan start date

June 2002

Original loan amount

$44,304

Est. remaining balance

$20,131

Interest rate

6.79%

Loan type

FHA, 30 year

Seller

Jason A Sain

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 10:25 AM

Listing updated: 02/05/2025 at 4:39 PM

Listed by: Michele Stephens, Fernbank Realty LLC Phone #: (480) 227-5737

MLS: CanopyMLS #4211550

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