Sold
Last Sold Price
2 beds1,158 sqft
115 Sarem Rd, Gates, NC 27937
Single FamilyProperty Type
4.48 acresLot Size
1952Year Built
$39/sq ftPrice per sq ft

Description

Great opportunity to get a home on acreage in Gates Co. at way below tax value. The home does need some repairs but they appear to be mostly cosmetic. The oil furnace isn't very old. Two parcels are being sold for one low price. Most of the land is wooded but could be cleared if you wanted to have horses, goats, chickens etc.Great opportunity to get a home on acreage in Gates Co. at way below tax value. The home does need some repairs but they appear to be mostly cosmetic. The oil furnace isn't very old. Two parcels are being sold for one low price. Most of the land is wooded but could be cleared if you wanted to have horses, goats, chickens etc.
  • Listed by: Bennett White 252.332.2867 • Joe Murray Realty, Llc
Listing closed: 04/27/2017 12:00 AM • Source: NCRMLS, MLS#: 882641

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Recent comparable sales

Median sold price

$172,000

Avg days on market

17

Sale-to-list ratio

116.8%

Gates, NC

9 comparable properties found

1

$46,000

Sold 08/10/26

2
Bedrooms
1
Bathrooms
1,060
Square Feet
0.69
Acres
$55,000 | 1020 Highway 37, Gates, NC 27937
1/24
2

$55,000

Sold 07/27/26

2
Bedrooms
Unavailable
Square Feet
0.49
Acres
$244,000 | 889 Highway 37, Gates, NC 27937
1/22
3

$244,000

Sold 07/10/25

2
Bedrooms
1,253
Square Feet
0.51
Acres
$180,000 | 43 Pasadena Drive, Gates, NY 14606
1/2
4

$180,000

Sold 12/23/24

2
Bedrooms
1,056
Square Feet
0.2
Acres
$172,000 | 286 Meadowdale Drive, Gates, NY 14624
1/2
5

$172,000

Sold 03/17/25

2
Bedrooms
1,075
Square Feet
0.34
Acres
a front view of a house with a yard
1/8
6

$119,900

Sold 04/04/25

2
Bedrooms
1,063
Square Feet
0.87
Acres
$180,100 | 148 Waldorf Avenue, Gates, NY 14606
1/2
7

$180,100

Sold 04/29/25

2
Bedrooms
1,073
Square Feet
0.17
Acres
$150,000 | 247 Dorstone Road, Gates, NY 14624
1/2
8

$150,000

Sold 10/01/25

2
Bedrooms
1,176
Square Feet
0.1
Acres
$220,000 | 99 Lettington Avenue, Gates, NY 14624
1/2
9

$220,000

Sold 08/18/25

2
Bedrooms
1,260
Square Feet
0.18
Acres

Location

Listing Courtesy of Joe Murray Realty, Llc

Sold By Joe Murray Realty, Llc

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$317 per month

30 year fixed, 7.03% Interest

Principal and Interest

$240

Property Taxes

$77

HOA Dues

$0

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Property Information for 115 Sarem Road

Property Details
  • Taxes: $927 / year
  • MLS Type: Residential / Single Family Residence
  • County: Gates County
  • Waterfront: No
  • Waterfront Features: None
Building Information
  • Year Built: 1952
  • Lot Size: 4.48 AC / 195,148 SF
Summary
Location and General Information
  • In City Limits: No
  • Directions: Follow Hwy 158 from Tarheel toward Roduco. In Roduco turn left onto Rooks Rd. Turn right onto Sarem Rd. The home is on the right.
  • Latitude: 36
  • Longitude: -77
Taxes and HOA
  • Tax Other Assessment Amount Frequency: No
  • Association: No
  • Tax Assessed Value: $110,462
  • Tax Year: 2016
School Information
  • Middle Or Junior School: Central
Parking
  • Attached Garage: No
  • Parking Features: Gravel, None
Property
Lot Information
  • Lot Water Features: None
  • Building Area Total: 1158.0
  • Lot Size Acres: 4.48
  • Lot Size Area: 4.48
  • Lot Size Square Feet: 195148.8
  • Lot Size Units: Acres
  • Living Area: 1158.0
  • Living Area Units: Square Feet
  • Other Structures: Barn(s)
Property and Assessments
  • Deed Book: 95E
  • Deed Page: 39.0
  • Possession: At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1952
  • Permitted Use: Public
Utilities
  • Sewer Provider: Septic Tank
  • Electric Provider: Dominion NC Power
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Vinyl Siding
  • Construction Materials: Vinyl Siding
  • Fencing: None
  • Foundation Details: Crawl Space
  • Horse: Yes
  • Roof: Composition
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Notational: 1.0
  • Attic Features: Access Only
  • Heating System Fuel Source: Oil
  • Water Heater: Electric
  • Appliances: Electric Oven
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: None
  • Cooling: No
  • Flooring: Vinyl, Wood
  • Heating: Yes
  • Heating: Forced Air
  • Interior Features: Wash/Dry Connect
  • Levels: One
  • Room Type: Bathroom 1, Kitchen, Dining Room, Bedroom 2, Master Bedroom, Living Room
  • Rooms Total: 7
  • Window Features: Storm Window(s)
Room Information
Room 1
  • Room Level: First
  • Room Length: 11.2
  • Room Width: 11.1
  • Room Type: Master Bedroom
Room 2
  • Room Level: First
  • Room Length: 11.4
  • Room Width: 14.2
  • Room Type: Dining Room
Room 3
  • Room Level: First
  • Room Length: 11.2
  • Room Width: 11.1
  • Room Type: Bedroom 2
Room 4
  • Room Level: First
  • Room Description: 1 bathrooms on 1st Floor
  • Room Type: Bathroom 1
Room 5
  • Room Level: First
  • Room Length: 12.4
  • Room Width: 20.3
  • Room Type: Living Room
Room 6
  • Room Level: First
  • Room Length: 19.4
  • Room Width: 11.4
  • Room Type: Kitchen

Property History for 115 Sarem Road

DateEvent & SourcePriceAppreciation
Apr 27, 2017

Sold

NCRMLS #882641

$45,000—
May 16, 2016

Listed (Active)

NCRMLS #882641

$59,000—
DateEvent & SourcePrice
04/27/2017

Sold

NCRMLS #882641

$45,000
05/16/2016

Listed (Active)

NCRMLS #882641

$59,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Sarem Road

Taxable ValueLand$33,776Additions$69,110Total$102,886
Tax Record2025$979 ($82 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1960ZoningR-1CountyGATESAPN03-01269

Schools near 115 Sarem Road

This home is within Gates County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Buckland Elementary
PublicK to 5

Central Middle
Public6 to 8

Gates County Senior High
Public9 to 12

Gatesville Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 115 Sarem Road, Gates, NC 27937
$45,000
2
1,158
195,148
–
3
1
1,168
22,651
–
3
1
1,280
21,780
–
2
1
1,120
21,344
–
–
2
2,052
57,064
–
–
–
–
21,780

Explore Nearby Homes

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Listing Courtesy of Joe Murray Realty, Llc

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 08/08/2025 12:06 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS