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$55,000
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Property Description
Great opportunity to purchase a fixer-upper at auction and renovate to your own specifications! Located in the Town of Gates, this home was built in 1958 and sits on approximately 0.49 acres. The property features 2 bedrooms, 1 bathroom, a kitchen, dining area, living room, enclosed front porch, and utility room. Conveniently located near US Highway 13, the property offers easy access to Virginia and the surrounding northeastern North Carolina region. The home is being sold as-is and offers potential as a long-term rental investment, renovation project, or possible resale opportunity. The property is being sold with the representation that it does not currently have a functioning heat source. As a result, exact heated square footage is unavailable; however, the home is estimated to contain approximately 900 to 1,000 square feet. No septic permit on file! The property will be sold via online-only auction with bidding ending July 14, 2026, at 7:00 PM. Bidding opens on July 1st! Cash sale only. No pre-auction offers will be considered. Contact the listing agent for auction terms, bidding instructions, and information on how to participate. The list price is for advertising purposes only and does not represent the seller's asking price, a starting bid amount, or the final sales price
Full Property Details
Full Property Details for 1020 N Nc Hwy 37 N
General
- Sold For: $55,000
- Taxes: $943 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100581644
- Added to Site: 82 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
- Appliances: None
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Enclosed, Front Porch
Parking
- Parking Features: Unpaved
Location
- County: Gates
- Subdivision: None
- Driving Directions: Take Hwy 37 into the Town of Gates. Home is located at 1020 Hwy 37 N.
School Information
- Elementary School: Buckland Elementary
- Middle School: Central Middle School
- High School: Gates County High
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: County Water
- Utility Description: Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Basement Desc.: None
- Roof: Composition
- Entry Floor Number: 1
- Year Built: 1958
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,344
- Lot Dimensions: x
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-1
- Fencing (Description): None
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Assessment Amount: $97,592
- Tax Amount: $943.87
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: Tax Pin: 6051.61-02-0300
- Property ID: 03-00268
Listed and Sold by United Country Forbes Realty & Auctions LLC, Jake Forbes
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Schools
Schools serving 1020 N Nc Hwy 37 N
School District:Gates County Schools
| Name | Grades | Distance |
|---|---|---|
Buckland Elementary 448 North Carolina 37, Gates, NC 27937 | K-5 | 2.7 mi |
Central Middle, Gatesville, NC 362 U.S Highway 158 West, Gatesville, NC 27938 | 6-8 | 5.3 mi |
Gates County Senior High 088 Hwy 158 West, Gatesville, NC 27938 | 9-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1020 N Nc Hwy 37 N
Date
Details
Price
Change
Source
7/27/2026
Sold
$55,000
10%
MLS
6/14/2026
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1020 N Nc Highway 37 N, Gates, NC 27937 (MLS# 100581644) is a Single Family property that was sold at $55,000 on July 27, 2026. Want to learn more about 1020 N Nc Highway 37 N? Do you have questions about finding other Single Family real estate for sale in Gates? You can browse all Gates real estate or contact a Coldwell Banker agent to request more information.
