Last Sold Price
1 bed624 sqft$63/sqft
85 Gates Bank Rd, Gates, NC 27937

Description

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....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
LISTING CLOSED: 08/10/2017 12:00 AM

  1. Listed by Meryl Brown • Joe Murray Realty, Llc
    P: (252) 332-2867

Property Details for 85 Gates Bank Road

Status
MLS #
887195
Days on Market
1
Taxes
$372 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1955
Lot Size
1.00 AC / 43,560 SF
Subdivision Name
N/A
Waterfront
No
Waterfront Features
None

Location

Listing Courtesy of Joe Murray Realty, Llc

Sold By Joe Murray Realty, Llc

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Building Information for 85 Gates Bank Road

Stories-Year Built1955Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$229 per month

30 year fixed, 6.55% Interest

Principal and Interest

$198

Property Taxes

$31

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 85 Gates Bank Road

Summary
Location and General Information
  • In City Limits: No
  • Directions: Take Hwy 13 North to Gates County. Turn right onto Gates School Road. Turn left onto Hwy 37 and take an immediate right onto Gates Bank Road. Home is on the right. Sign in yard.
  • Latitude: 37
  • Longitude: -77
Taxes and HOA
  • Tax Other Assessment Amount Frequency: No
  • Association: No
  • Tax Assessed Value: $58,112
  • Tax Year: 2017
Parking
  • Attached Garage: No
  • Parking Features: Gravel, None
Property
Lot Information
  • Building Area Total: 624.0
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Acres
  • Living Area: 624.0
  • Living Area Units: Square Feet
Property and Assessments
  • Deed Book: 95
  • Deed Page: 659.0
  • Possession: Close Of Escrow, At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1955
  • 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
  • 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: Propane, Other
  • Water Heater: Electric
  • Appliances: Electric Oven, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Flooring: Carpet, Vinyl
  • Heating: Yes
  • Heating: Propane, Other, Space Heater
  • Interior Features: None
  • Levels: One
  • Room Type: Bathroom 1, Bedroom 2, Master Bedroom, Living Room, Dining Area
  • Rooms Total: 4

Property History for 85 Gates Bank Road

DateEvent & SourcePriceAppreciation
Aug 10, 2017

Sold

NCRMLS #887195

$39,000
Jun 30, 2017

Listed (Active)

NCRMLS #887195

$39,000
DateEvent & SourcePrice
08/10/2017

Sold

NCRMLS #887195

$39,000
06/30/2017

Listed (Active)

NCRMLS #887195

$39,000

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

Public Records for 85 Gates Bank Road

Taxable ValueLand$27,800Additions$37,878Total$65,678
Tax Record2025$720 ($60 / month)
Home Facts
Beds2Total Finished SqFt736 SqFtAbove Grade Finished SqFt736 SqFtStories1Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1965ZoningR-1CountyGATESAPN04-00172

Schools near 85 Gates Bank 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: 85 Gates Bank Road, Gates, NC 27937
$39,000
1
624
43,560
2,536
38,333
$35,000
2
21,780
2
1
1,363
43,560
$130,000
3
1
1,830
117,612
2
1
832
929,135

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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 12/11/2025 05:39 PM. 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