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407 Pear St, Gastonia, NC, 28054

2beds
1baths
1,008sqft
$125,000
$124price/sqft
$1,004/moest. monthly cost
$40,160/yrincome needed

About This Home

This 2BR fixer upper can easily be a 3BR, 2BA home with the right improvements; The vinyl siding and the metal roof are the only parts of the home that do not need updating / remodeling; Please exercise caution on the quaint front porch and the large rear deck; Wood floors in the home can be refinished; Living room wood stove and also a gas line for a space heater; Kitchen appliances have been removed; Bathroom walk-in shower with a ceramic tile surround; The laundry is located in a large open room in the back of the home with another room off of that; That back room can be broken in to a laundry room, a bathroom and a closet while the back room can be made in to the master bedroom; Attach the closet to the back bedroom and waalaa ... you have a 3BR/2BA home; The fenced back yard has a large shed; The 2 trailers should be leaving the yard soon; The seller has never lived in this property and is selling "as is";

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
3/10
Holbrook Middle SchoolGrades 6-83.0 mi
3/10
North Gaston High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Flooring: Linoleum,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,008

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,008
  • Total interior livable area: 1,008 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Main

Property

Details

  • Parcel number: 118479
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch
  • Fencing: Back Yard,Chain Link

Lot

  • Lot size: 0.16 Acres
  • Features: Wooded
  • Lot size dimensions: 50' x 143' x 50' x 142'

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Gaston County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $632$7,584
Home Insurance *$61$732
Property Taxes $111$1,332
Electricity $200$2,405
Total$1,004$12,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,422/yr
40% on housing$30,120/yr
45% on housing$26,773/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 28054$127
Gaston County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28054$171
Gaston County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-22Listed for sale$125,000
2011-02-10Sold$20,000

For Sale by Agent

AgentBob Warchol
BrokerageKeller Williams Unified

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