For Sale $40,000
Two story family home, offering incredible potential. Built in 1900 with 2700 sq ft approx. .67 ac in a quiet family neighborhood. Offers endless possibilities. Bring this diamond in the rough back to life. Must check out & see the potential with its wrap around porch and endless character. House has new roof.
| List Price: | $40,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Driveway, Shared Driveway |
| MLS Number: | CAR4253693 |
| Subdivision: | None |
| Lot Description: | Cleared |
| Year Built: | 1900 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-26-2025 | Under Contract | $40,000 | N/A |
| 07-24-2025 | Price Decrease | $40,000-19.84% | N/A |
| 06-12-2025 | Listed | $49,900 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Norwood Elementary School | 6 miles | KG-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 105 Second Avenue, Mount Gilead NC | 0 mi | $40,000 | days | |
| 208 School Street, Mount Gilead NC | 0.2 mi | $49,900 | days | |
| 116 Ingram Street, Mount Gilead NC | 0.2 mi | $50,900 | days | |
| 401 Julius Chambers Avenue, Mount Gilead NC | 0.2 mi | $229,900 | days | |
| 403 Julius Chambers Avenue, Mount Gilead NC | 0.3 mi | $209,500 | days | |
| 206 Allenton Street, Mount Gilead NC | 0.4 mi | $209,999 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Wallace Realty
105 Second Avenue, Mount Gilead NC is a 0 ft2 on a 0.670 acres lot. This is for $40,000. This has 2 bedrooms, 0 baths, and was built in 1900.
Based on information submitted to the MLS GRID as of 2025-06-12 11:20:56 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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