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508 Lee St

Gastonia, NC 28052

2 bd 1 ba 1,199 sqft Built 1925 Lot 9,147 sqft single_family
Most recent sale
$175,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $175,000 MLS #3884418
Jul 15, 2022 Listed $160,000 MLS #3884418

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,280 $30,000 $163,280 $1,745
2024 $133,280 $30,000 $163,280 $1,745
2021 $67,900 $24,000 $91,900 $1,241
2020 $67,900 $24,000 $91,900 $1,241
2019 $67,900 $24,000 $91,900 $1,250
2018 $61,829 $24,000 $85,829 $1,202
2017 $63,179 $24,000 $87,179 $1,221
2016 $63,179 $24,000 $87,179 $1,221
2015 $63,179 $24,000 $87,179 $1,221
2014 $56,780 $30,000 $86,780 $1,215
2013 $56,780 $30,000 $86,780 $1,215
2012 $56,780 $30,000 $86,780 $1,185
2010 $56,780 $30,000 $86,780 $1,185
2009 $56,780 $30,000 $86,780 $1,185
2008 $56,780 $30,000 $86,780 $1,185
2007 $56,780 $30,000 $86,780 $1,188

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,199 sqft
Lot size
9,147 sqft
ZIP code
28052
City
Gastonia
Street
Lee St
Coordinates
35.25694, -81.18491

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,619
Gross rental yield
11.10%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 508 Lee St last sell?
508 Lee St most recently sold on Aug 9, 2022 for $175,000.
What is the current tax assessment for 508 Lee St?
The most recent total assessment for 508 Lee St (year 2025) is $163,280 with $1,745 in property tax.
How does 508 Lee St's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $175,000.
When was 508 Lee St built?
508 Lee St was built in 1925.
How does 508 Lee St compare to others on Lee St?
We track 8 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 508 Lee St?
508 Lee St is a 2 bed, 1 bath, 1,199 sqft, 9,147 sqft lot single_family.
Is 508 Lee St a flip candidate?
No — 508 Lee St does not appear in our flips dataset.
Is 508 Lee St a tax-appeal candidate?
No — 508 Lee St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.4%
2026 Q3
$258.3K
2026 Q4
$254.5K
ZIP 28052 — Median Price History + Forecast

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