Located in the heart of Gastonia, this home offers the perfect blend of convenience, value, and income potential. Its central location puts you minutes from shopping, dining, schools, and major employers - ideal for both daily living and long-term investment. With an excellent rental history, this property is a smart option for investors seeking reliable cash flow. First-time homebuyers will also appreciate the strong equity position from day one, thanks to pricing well below tax value. Whether you’re looking to owner-occupy or add a proven rental to your portfolio, this centrally located Gastonia home delivers location, performance, and exceptional value.
Est. $1,419 per month, based on comparable rentals
Sale and tax history for 505 N Ransom St
Sale History
Tax History
Date
Event
Price
Triad MLS #1237422
Nov 3, 2026
Sold
$143,000
$122/sq ft
Oct 28, 2026
Pending
—
Oct 13, 2026
Contingent
—
Oct 1, 2026
Listed
$149,000
$127/sq ft
+24
Located in the heart of Gastonia, this home offers the perfect blend of convenience, value, and income potential. Its central location puts you minutes from shopping, dining, schools, and major employers - ideal for both daily living and long-term investment. With an excellent rental history, this property is a smart option for investors seeking reliable cash flow. First-time homebuyers will also appreciate the strong equity position from day one, thanks to pricing well below tax value. Whether you’re looking to owner-occupy or add a proven rental to your portfolio, this centrally located Gastonia home delivers location, performance, and exceptional value.
CANOPYMLS as Distributed by MLS Grid #4430347
Nov 3, 2026
Sold
$143,000
$122/sq ft
Oct 13, 2026
Contingent
—
Oct 1, 2026
Listed
$149,000
$127/sq ft
CANOPYMLS as Distributed by MLS Grid #1
Jul 27, 2015
Price Changed
$35,000
$30/sq ft
Jun 22, 2015
Price Changed
$39,000
$33/sq ft
May 27, 2015
Price Changed
$40,000
$34/sq ft
Public Records
Nov 1, 1972
Sold
$3,500
$3/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,844
$12,000 + $152,940
$164,940
2024
$1,844 (−1.0%)
$12,000 + $160,540
$172,540
2023
$1,863 (+139.3%)
$12,000 + $160,540
$172,540
2022
$779 (−1.5%)
$5,000 + $53,550
$58,550
2021
$790
$5,000 + $53,550
$58,550
2020
$790 (−0.7%)
$5,000 + $53,550
$58,550
2019
$796 (+14.2%)
$5,000 + $53,550
$58,550
2018
$697
$5,000 + $53,550
$58,550
2017
$697
$8,400 + $41,400
$49,800
2016
$697 (−8.5%)
$8,400 + $41,400
$49,800
2014
$762
$15,000 + $39,454
$54,454
2013
$762 (+2.6%)
$15,000 + $39,454
$54,454
2012
$743 (+0.7%)
$15,000 + $39,454
$54,454
2011
$738
$15,000 + $39,454
$54,454
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
1982
Sq. Ft.
1,154
Year built
1951
Style
Single Family Residential
County
Gaston County
APN
103411
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
RS-8
Urban Residential Districts
Four urban residential districts are hereby created: RS-20, RS-12, RS-8 and RMF. The RS-20, RS-12 and RS-8 districts are primarily geared towards single-family residential development with standard minimum lot sizes ranging from twenty thousand square feet in the RS-20 zone to eight thousand square feet in the RS-8 zone. The RMF district is geared towards multi-family residential development. These districts will most likely be found in the Urban Standards Overlay District and are served by public utilities. Higher densities than those normally allowed and a variety of different residential types may be accommodated in all zones through planned residential developments (PRD's), infill residential developments, and traditional neighborhood developments (TND's) and/or through the satisfaction of certain of certain performance design and construction criteria.
Permitted uses
Include but are not limited to:
Housing-Single unit
Library
Agriculture
Park & open space
Sep 14, 2021 • Final
Renovation
Perform structural repairs on a residential building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
Parking Features: Driveway
Interior
Bedroom Information
# of Bedrooms: Main: 3
# of Bedrooms: 3
Bathroom Information
# of Full Baths: Main: 1
# of Full Baths (Total): 1
Room 1 Information
Room Level: Main
Room 2 Information
Room Level: Main
Room 3 Information
Room Level: Main
Room 4 Information
Room Level: Main
Room 5 Information
Room Level: Main
Room 6 Information
Room Level: Main
Room 7 Information
Room Level: Main
Laundry Room Information
Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Fireplace Information
Fireplace Features: Living Room
Heating & Cooling
Heating Information: Heat Pump
Cooling Information: Heat Pump
Interior Features
Room Count: 7
Appliances: Electric Range, Electric Water Heater, Refrigerator
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Wood
Property Information
Development Status: Completed
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning Specification: R1
Lot Information
Lot Size Area: 0.21
Lot Size Units: Acres
Road Surface Type: Concrete, Paved
Road Responsibility: Publicly Maintained Road
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Bessemer City
Middle Or Junior High School: Grier
High School: Ashbrook
Location Information
Directions: From I-85 take exit 17A on to US-321 S. In one mile turn right on Davidson Ave. in .6 miles turn left on N Ransom St. .2 miles the destination will be on the left.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,154
Stories: 1.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1982
County: Gaston County
APN: 103411
Home facts updated by county records on Oct 23, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1170
Living Area: 1170
Above Grade Finished Area: 1,170
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1170
Sq. Ft. Lower: 0
Foundation Details: Crawl Space
Levels: One
Around this home
Schools
Bessemer City Primary School
Public PreK-2 • Assigned • 4.8mi
W P Grier Middle School
Public 6-8 • Assigned • 2.7mi
2/10
Ashbrook High School
Public 9-12 • Assigned • 4.4mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
5/10 Wind Factor
22% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Gastonia, NC • 28052
Average low and high temperatures (°F)
49
28
57
35
70
45
76
53
78
58
87
67
92
72
81
67
81
60
70
50
64
43
53
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Gastonia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$175,000 – $211,000
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