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1520 Logan Patrick Ct, Gastonia, NC 28052
DETAILS
Type: Single Family
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 2,290 sq ft
Year Built: 2007
Lot Size: 0.13 acres / 5,663 sq ft
Utilities: City Water & Sewer
HOA: $260 annually
Occupancy at Closing: Seller needs 14 days after closing to vacate. 50% of seller’s proceeds will be held in escrow until the buyer confirms vacancy.
Closing Date: 11/03/26
Closing Attorney: Atlas Orange
Asking Price: $210,000
Heat works, but cooling is out on the 15+ year old HVAC, so plan on a new HVAC plus light rehab. Roof age is unknown. Gas water heater; electric is City of Gastonia and gas is Enbridge. Tax value is $324,340 with annual taxes of $3,467 (Parcel ID 213088, zoned R2). Sold as-is.
COMPARABLE SALES
402 S Gray St — 2,119 sq ft — $365,000 ($172/sq ft) — Sold, 3bd
2600 Stagbuck Dr — 1,800 sq ft — $324,000 ($180/sq ft) — Sold, 3bd
1256 Salvadore Ct — 1,805 sq ft — $317,000 ($176/sq ft) — Sold, 3bd
Pending (reference only, excluded from average):
2646 Amber Crest Dr — 2,101 sq ft — $364,000 ($173/sq ft) — Pending, 4bd
Comp Average: ~$335,300 (~$176/sq ft)
Our Price: $210,000 ($92/sq ft)
Spread: ~$125,300
OVERVIEW
This 3 bed/2 bath, 2,290 sq ft home built in 2007 is priced at $210,000, about $125,300 under the sold comp average. At $92/sq ft against $176/sq ft in recent sales, you’re buying roughly 48% below market per square foot, and the subject is larger than every sold comp. Heat works but the AC is out on a 15+ year old system, so the scope is a new HVAC plus light cosmetic work. Gastonia sits on I-85 about 20 miles west of Uptown Charlotte, with CaroMont Regional Medical Center in town and easy access to Charlotte Douglas Airport. Newer construction, city water and sewer, and a low $260/year HOA make this a strong fit for a flip or a long-term rental.
Comp Avg (Sold): ~$335,300 | Gastonia Median List Price: ~$344,000
Rent Avg: ~$1,750/mo | Gross Yield at Asking: ~10.0%
Source: Movoto — Gastonia Market (Oct 2026)
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. $495 transaction fee payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing. No clean-out or clean-up of any kind will be completed. Property will not be broom clean at closing.
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.