Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $214,690 appears below market.
Spacious Brick Ranch on a Generous .34‑Acre Lot in Lowell
You’ll notice the lot before the porch — a level, well-proportioned .34‑acre parcel with 75 feet of frontage on quiet Stowe Street, rare for ranches in town. This solid brick home, built in 1957, sits low and comfortable on its grounds, framed by mature plantings and a long driveway that leads to a two‑car detached garage with workshop potential.
Inside, clean hardwood runs through the primary living areas and underscores the home’s straightforward mid‑century plan. The living room centers on a brick fireplace and flows to an updated kitchen that blends classic lines with practical modern updates — durable counters, refreshed cabinetry, and room for an eat‑in table. Two main‑level bedrooms and a 1.5 bath keep daily life simple; a partial unfinished basement provides storage and future expansion possibilities.
Recent, owner‑completed investments remove immediate maintenance concerns: a new shingle roof installed in 2023 and central air for comfortable summers. Natural gas heating, municipal utilities, and solid brick construction contribute to a low‑upkeep ownership profile. The detached garage and ample yard make this property flexible — a gardener’s plot, a backyard hangout, or room for a playset and pets.
Location is quietly convenient. Downtown Lowell is about half a mile away for errands and local dining, I‑85 is roughly a mile for easy commuting, and Rankin Lake Park and the Gaston County YMCA are an easy short drive. With a compact footprint, updated systems, and a rare oversized lot in this neighborhood, 7 Stowe St is attractive to first‑time buyers, downsizers, or investors seeking a stable, well‑maintained rental option.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Similar lot size
- Same year built
- 300 SF larger
- 1 additional bedroom
- 0.5 additional bathrooms
- 13,940 SF larger lot
- 6 years older
- 182 SF smaller
- 0.5 fewer bathrooms
- Similar lot size
- 17 years older
A 1957 ranch on 0.34 acres.
Building
Site & utilities
Lowell
Researched nearby locations
Location
7 Stowe St, Lowell, NC 28098
Lowell offers a small‑town feel with fast access to regional highways and larger employment centers in the Charlotte‑Concord‑Gastonia MSA. The neighborhood around Stowe Street is primarily residential with mature trees, well‑kept yards, and short drives to downtown Lowell’s shops and restaurants. Outdoor options include local parks and Rankin Lake nearby; community amenities like the Gaston County YMCA are just minutes away. Families value the proximity to elementary schools and the convenience of quick commutes to I‑85.
Excellent neighborhood access to nearby parks and community recreation: Rankin Lake Park is about 3 miles away, the Gaston County YMCA roughly 2 miles, and downtown Lowell offers short local walks and errands.
A factual market snapshot around 7 Stowe St.
Lowell’s single‑family market is currently balanced with a slight edge toward sellers. Inventory sits at roughly 2.5 months — below a neutral 6‑month threshold — and the neighborhood’s average days on market is about 30 days, indicating properties priced competitively sell briskly. Recent comparable ranch sales on Stowe Drive and neighboring streets support a local median near $250,000 and a neighborhood price-per-square-foot in the $160–$247 range depending on size and updates; this home’s implied value centers around $214/SF and aligns with a $250K–$270K band. For buyers, the market presents modest appreciation (roughly 5% year-over-year and about 25% over five years), meaning well‑maintained homes with recent updates — like this one with a 2023 roof and refreshed kitchen — are likely to retain demand. For investors, rental comps and an estimated monthly rent around $1,500 produce a gross yield near 6.9%. Given low near‑term capital needs and steady local demand, now is a sound time to consider a move into this part of Gaston County before inventory increases.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 434 SF smaller
- 0.5 fewer bathrooms
- 339 SF smaller
- 0.5 fewer bathrooms
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2025 purchase at $260,000 ($214/SF) — current estimate $260,000 ($214/SF)
- Assessed value $214,690 (land $22K, improvements $192.69K) — annual taxes $2,295
- Zoned R-1 — single-family residential with potential for accessory dwelling unit
- 3 comparable sales within 0.5 miles in last 6 months range $250K–$270K
- Average days on market in Lowell: 30 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning regulations and any restrictions
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 2 bedrooms, 1.5 bathrooms
- Hardwood floors in main living areas
- Brick fireplace in living room
- Updated kitchen with refreshed cabinetry
- Partial unfinished basement for storage or future finish
- Central air conditioning and natural gas heating
Exterior & Lot
- 0.34‑acre level lot with 75 ft frontage
- Brick exterior construction
- New shingle roof (2023)
- 2‑car detached garage with workshop potential
- Driveway parking for multiple vehicles
- Mature landscaping and private backyard space
Location & Neighborhood
- 0.5 miles to Downtown Lowell
- Approximately 1 mile to I‑85 access
- Gaston County Family YMCA ~2 miles
- Rankin Lake Park ~3 miles
- Part of Gaston County Schools district
- Quiet residential street with long‑term owners nearby
Walkability & Recreation
- Walkability Rating: 50/100 — Somewhat Walkable
- Nearby parks and green spaces within a few miles
- Gaston County YMCA and community recreation facilities nearby
- Short drive to trails and outdoor options around Rankin Lake
- Easy freeway access for regional recreation and commuting
Sources & research confidence.
See where the property research came from and how confidence varies by field.