1020 N Nc Highway 37 N, Gates, NC 27937 (MLS# 100581644)

1020 N Nc Highway 37 N, Gates, NC 27937

$50,000

Property Type: Residential Bedrooms: 2 Baths: 1 Lot Size (sq. ft.): 21,344 Status: Active

Current Price: $50,000 List Date: 6/14/2026 Last Modified: 6/28/2026

Overview

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! ... (Read more)

Listing Details MLS# 100581644

Contract Info

Sub-Type: Single Family Residence
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2026-06-14
Listing Price: 50000
Stipulation of Sale: Auction

Location Information

Street #: 1020
Pre Direction: N
Street Name: Nc Highway 37
Post Direction: N
County: Gates
State/Province: NC
Zip Code: 27937
City Limits: Yes
Marketing City: Gates
Subdivision: None

Remarks and Showing

Directions to Property: Take Hwy 37 into the Town of Gates. Home is located at 1020 Hwy 37 N.
Sign on Property: Yes

Property Exterior Info

New Construction: No
Accessory Dwelling Unit YN: No
Lot Acres: 0.49
Lot SqFt: 21344
Lot Dimensions: x
Deed Restrictions: No
Waterfront: No
Waterview: No
Horses Y/N: No
Location Type: Mainland

Property Interior Info

# Rooms: 6
# Baths - Full: Yes
# Baths - Total: Yes
# Bedrooms: 2
Master Bedroom Level: N/A
ud_i_10: Yes
Fireplace Y/N: No
Total SqFt - Heated (Primary + Separate): 0
# Baths - Half: 0

Legal Taxes

Year Built: 1958

More Information

Auction

Buyer's Premium: Yes
Buyer's Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
Auction Date: 2026-07-14
Auction Location: Online Only
Auction Time: 7:00 PM
Open for Inspection Date: 2026-06-27

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Dominion NC Power
Water Provider: Gates County

Legal & Taxes

Tax Assessed Value: 97592
Total Real Estate Property Taxes: 943.87
Deed Book: 213
Deed Page: 186
Legal: Tax Pin: 6051.61-02-0300
Broker Owner: No
PID: 03-00268
Tax Identifier: 03-00268
Plat Book: No
Plat Page: 00
Special Assessments: none
Tax Year: 2025
Zoning: R-1
HOA: No
Elementary School: Buckland Elementary
Middle School: Central Middle School
High School: Gates County High

Garage & Parking

Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0

Parking Features

Dirt: Yes

Attic

Stairs - Pull Down: Yes

Basement

None: Yes

Frontage Type

See Remarks: Yes

Handicap Accessible

None: Yes

View Type

None: Yes

Property Condition

Fixer: Yes

Construction

Wood Frame: Yes

Lot Water Features

None: Yes

Exterior Finish

Brick Veneer: Yes

Terms

Cash: Yes

Fencing

None: Yes

Foundation

Crawl Space: Yes

Flooring

Carpet: Yes

Patio and Porch Features

Enclosed: Yes
Front Porch: Yes

Green Bldg Certify

None: Yes

Green Bldg Features

None: Yes

Roof

Composition: Yes

Levels

One: Yes

Road Type/Frontage

Paved: Yes
Public (City/Cty/St): Yes

Trash Collection

Other: Yes

Cooling

None: Yes

Heated SqFt

0 - 200: Yes

Heating

None: Yes

Heating System Fuel Source

None: Yes

Water Heater

Electric: Yes

Utilities

Water Connected: Yes

Sewer

Septic Tank: Yes

Water Source

County Water: Yes

Appliances/Equip

None: Yes

Interior Features

None: Yes

Dining Room Type

Kitchen: Yes

Rooms

Bathroom 1: Yes
Bedroom 1: Yes
Bedroom 2: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Utility Room: Yes

Property Features

Frontage Type: See Remarks Handicap Accessible: None View Type: None Attic: Stairs - Pull Down Basement: None Property Condition: Fixer Construction: Wood Frame Exterior Finish: Brick Veneer Fencing: None Foundation: Crawl Space Green Bldg Certify: None Green Bldg Features: None Parking Features: Dirt Patio and Porch Features: Enclosed; Front Porch Roof: Composition Levels: One Trash Collection: Other Lot Water Features: None Cooling: None Heating: None Heating System Fuel Source: None Water Heater: Electric Utilities: Water Connected Sewer: Septic Tank Water Source: County Water Flooring: Carpet Interior Features: None Heated SqFt: 0 - 200 Dining Room Type: Kitchen Rooms: Bathroom 1; Bedroom 1; Bedroom 2; Dining Room; Kitchen; Living Room; Utility Room Terms: Cash

Room Information

Room Name
Bedroom 1
Bedroom 2
Living Room
Kitchen
Dining Room
Utility Room
Bathroom 1

IDX

Listing Office: United Country Forbes Realty & Auctions LLC

Last Updated: June - 28 - 2026

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