CompCasa Property Analysis · single_family

7 Stowe St

Spacious Brick Ranch on a Generous .34‑Acre Lot in Lowell

Updated 2BR/1.5BA ranch with new roof and 2-car detached garage

2 beds1.5 baths1,214 sq ftBuilt 19570.34 acres2-car detached
CompCasa valuation analysis
Estimated market value
$260,000
Low $250,000 · Midpoint $260,000 · High $270,000
Confidence82%Sales comparison approach
Last recorded sale$260,000Sep 15, 2025
Assessed value$214,6902025 assessment
CompCasa estimate$260,000Mar 8, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$250,000$260,000 midpoint$270,000
Price / sq ft$214
Median sale price$250,000
Avg days on market30 days
Inventory2.5 months

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.

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$260,000
Property address706 Stowe Dr, Lowell, NC 28098
2 bed1.5 bath1,214 sq ftBuilt 19570.1 mi14,810 sq ft lot$214/SF
Sold Sep 15, 2025
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and condition, same street
02Sold price$248,550
Property address517 Stowe Dr, Lowell, NC 28098
3 bed2 bath1,514 sq ftBuilt 19510.2 mi28,750 sq ft lot$164/SF
Sold Sep 9, 2025
Subject difference
  • 300 SF larger
  • 1 additional bedroom
  • 0.5 additional bathrooms
  • 13,940 SF larger lot
  • 6 years older
Research comparison noteLarger lot and living area, slightly older
03Sold price$255,000
Property address913 Stowe Dr, Lowell, NC 28098
2 bed1 bath1,032 sq ftBuilt 19400.3 mi15,246 sq ft lot$247/SF
Sold Dec 8, 2025
Subject difference
  • 182 SF smaller
  • 0.5 fewer bathrooms
  • Similar lot size
  • 17 years older
Research comparison noteSmaller living area, older construction
Comp methodology: Focused on similar ranch-style homes within 0.5 miles in Lowell sold in last 6 months for maximum relevance
Property details

A 1957 ranch on 0.34 acres.

Building

Year built1957
ConstructionBrick
RoofShingle
Heatingnatural gas
Coolingcentral AC

Site & utilities

Lot size0.34 acres
Garage2-car detached
Stories1
ConditionGood
BasementPartial Unfinished
FireplaceYes
Improvement notes2 bedrooms, 1.5 bathrooms, hardwood floors, updated kitchen, new roof (2023), detached garage with potential for workshop
Lot area14,810 sq ft
TopographyLevel
Frontage75 ft frontage on Stowe St
ParkingDetached Garage And Driveway
Parking spaces4
Parking notes2-car detached garage plus driveway for 2 vehicles
AccessStandard residential driveway from Stowe St
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Lowell

Researched nearby locations

Downtown Lowell (0.5 mi)
I-85 Access (1 mi)
Gaston County Family YMCA (2 mi)
Rankin Lake Park (3 mi)

Location

7 Stowe St, Lowell, NC 28098

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryMcAdenville Elementary School (7/10)
Middle schoolHolbrook Middle School (3/10)
High schoolAshbrook High School (3/10)
School districtGaston County Schools
Market context

A factual market snapshot around 7 Stowe St.

Median sale price$250,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

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.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1
DescriptionSingle Family Residential
JurisdictionCity of Lowell
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$22,000
Assessed improvements$192,690
Total assessed$214,690
Assessment year2025
Annual property tax$2,295
Tax year2025

Sale history

2025-09-15$260,000 · $214/SF
2017-01-23$41,000 · $34/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,400/mo
Property address712 Lowell Ave, Lowell, NC 28098
2 bed1 bath780 sq ft$1.79/SF
Leased Aug 1, 2025
Subject difference
  • 434 SF smaller
  • 0.5 fewer bathrooms
Research comparison noteSmaller size, similar condition
02Monthly rent$1,500/mo
Property address214 Wood St, Mount Holly, NC 28120
2 bed1 bath875 sq ft$1.71/SF
Leased Jul 15, 2025
Subject difference
  • 339 SF smaller
  • 0.5 fewer bathrooms
Research comparison noteSimilar size and condition, nearby town
Research findings & due diligence

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
Highlights & features

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Homes.com listing for 706 Stowe Dr, Lowell, NC 28098View source
2
Realtor.com listing for 913 Stowe Dr, Lowell, NC 28098View source
3
Realtor.com listing for 712 Lowell Ave, Lowell, NC 28098View source
4
RE/MAX listing for 7 Stowe St, Lowell, NC 28098View source
5
Nest Realty listing for 517 Stowe Dr, Lowell, NC 28098View source
6
Coldwell Banker listing for 517 Stowe Dr, Lowell, NC 28098View source
7
Compass listing for 706 Stowe Dr, Lowell, NC 28098View source
8
Homes.com recently sold properties in Lowell, NC 28098View source
9
ATTOM data for Lowell, NC real estateView source
10
Wikipedia page for Lowell, North CarolinaView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.