$109,793
$71K since last sold$8,000 since July
This home's estimate is 36% lower than the average sale price ($171K) of 6 comparable homes.
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SOLD
$109,793
2
bd•
1 ba
•
624
sq ft
085 Gates Bank Rd, Gates, NC 27937
About this home
This compact 2 bedroom, 1 bath home is located in Gates County on a 1 acre lot & is priced well below tax value. It is not far from the Virginia state line, is move in ready and has had some updates. The living room has a gas space heater and a split wall unit for heat and air conditioning. The kitchen includes the refrigerator and range and has room for a table and chairs. There is also a door in the kitchen that leads to a side porch. The 2 bedrooms are both a nice size and flank a full bathroom. There are replacement windows and updated storm doors. Out back, there is a storage building. , Air Conditioning-Other
Single-familyProperty Type
1955Year Built
1 acresLot Size
$176Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$1,580/mo
Redfin rental estimate
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Market trends in 27937, NC
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
93.2%
+6.6% MoM
Median sale price
$247K
$72K MoM
Avg. days on market
119d
38 days MoM
Recently sold homes
5
1 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9.5 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Estimated sale price
$105,000 – $127,000
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