INVESTOR DETAILS:
There is a tenant-buyer in place at this property who needs a land contract to take them an additional year, two or three. We're seeking another investor who has the capital to buy it and cash in on the payments and fees.
Here's what that return looks like:
- Monthly payments and yearly fees that can generate an approximate return of 24% year one, 43% year 2 and 61% year 3.
Call 855-958-1844 and leave a voicemail and we'll get back with you.
Sold for $181,500
$181,500
40 Crosstown Rd, Gates, NC 27937
4beds
3,040sqft
SingleFamily
Built in 1981
3.43 Acres Lot
$350,700 Zestimate®
$60/sqft
$2,802 Estimated rent
Home value
$350,700
$291,000 - $421,000
$2,802/mo
Zestimate® history
Owner options
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$1,178/mo
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$1,178/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,040 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 3.43 Acres
Details
- Parcel number: 0300956
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Other
- Roof: Shake / Shingle
Condition
- Year built: 1981
Community & HOA
Location
- Region: Gates
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $296,882
- Annual tax amount: $2,279
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2024 | Sold | $181,500-39.5%$60/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/29/2015 | Listing removed | $300,000$99/sqft |
Source: Owner #10904793 Report a problem | ||
| 2/11/2015 | Listed for sale | $300,000+122.2%$99/sqft |
Source: Owner #10904793 Report a problem | ||
| 5/14/2014 | Sold | $135,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,279 +3.6% | $296,882 +30.5% |
| 2024 | $2,201 +12.2% | $227,450 |
| 2023 | $1,961 | $227,450 |
| 2022 | $1,961 +6.2% | $227,450 |
| 2021 | $1,847 | $227,450 |
| 2020 | $1,847 | -- |
| 2019 | $1,847 +3.8% | $227,450 |
| 2018 | $1,779 | $227,450 |
| 2017 | -- | $227,450 -8.4% |
| 2016 | -- | $248,180 |
| 2015 | -- | $248,180 |
| 2014 | -- | $248,180 |
| 2013 | -- | $248,180 |
| 2012 | -- | $248,180 |
| 2011 | -- | $248,180 |
| 2010 | -- | $248,180 |
Find assessor info on the county website
Neighborhood: 27937
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Nearby schools
GreatSchools rating
- 3/10Buckland ElementaryGrades: K-5Distance: 5 mi
- 4/10Central MiddleGrades: 6-8Distance: 7.6 mi
- 3/10Gates County Senior HighGrades: 9-12Distance: 7.4 mi
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$350,700
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$357,714
- North Carolina
- Gates County
- Gates
- 27937
- 40 Crosstown Rd