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1607 Patterson Grove Road

1607 Patterson Grove Road, Apex, NC 27502
Property in Pearson Farms
Sold Nov 01, 2017
$310,000
$248,000 by Cornerstone Home Lending Inc
Mortgage Due Dec 01, 2047
Sold Aug 27, 1998
$178,500
$151,350 by Central Carolina Bank & Trust
Mortgage Due Sep 01, 2028
1607 Patterson Grove Road has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1607 Patterson Grove Road has 2,190 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1607 Patterson Grove Road was last sold in Oct 26, 2017 for $310,000. According to our calculations, that's $141.55 per sqft. Prior to that sales transaction, the property was sold for $178,500 in Aug 27, 1998. Current property owners are expected to pay $3,747 in taxes per year. The property on 1607 Patterson Grove Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $339,707. To break that down further, the land itself was valued at $88,000. While improvements to the property were assessed at a total of $251,707. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,190
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PEARSON FARMS SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO116 PEARSON FARMS SUB PH3A BM1998-734

Ownership

  • Current Owner : KENNEDY CHARLES ADAM
  • Current Owner 2: KENNEDY MEREDITH LIDEN
  • Previous Owner : PATRICK KEVIN R
  • Previous Owner 2: PATRICK WENDY A
  • Owner Before Previous Owner: F & L DEVELOPERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053433

Zoning

  • Zoning: MD-CU

Geography

  • Account Number: 0243550
  • District: 20
  • Parcel: 0732.03-31-8384 0243550
  • Lot: 116
  • Municipality: WHITE OAK
  • Latitude: 35.7318
  • Longitude: -78.8858

    Address

  • Full Address: 1607 Patterson Grove Rd
  • Address - House Number: 1607
  • Address - Street Name: Patterson Grove
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Apex
  • Carrier Code: R025
  • 4-Digit Zip Code: 9517
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,747

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 85
  • Final Value: 552,626
  • High Value: 622,948
  • Low Value: 482,303

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $483,271
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 01, 2017
  • First Open Lien Mortgage Loan Amount: $248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • Second Open Lien Mortgage Recording Date: Sep 16, 2021
  • Second Open Lien Mortgage Loan Amount: $235,271
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $339,707
  • Market Land Value: $88,000
  • Market Improvement Value: $251,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,707
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $251,707

    Sales

  • Current Sale Contract Date: Oct 26, 2017
  • Current Sale Recording Date: Nov 01, 2017
  • Current Sale Transaction ID: 11295906087
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 27, 1998
  • Previous Sale Contract Date: Aug 27, 1998
  • Previous Sale Amount: $178,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Nov 01, 2017
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL CAROLINA BANK & TRUST
  • Previous Mortgage Transaction Date: Aug 27, 1998
  • Previous Mortgage Loan Amount: $151,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2028

About Pearson Farms



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Frequently Asked Questions

What neighborhood is 1607 Patterson Grove Road located in?
The 1607 Patterson Grove Road is a located in the neighborhood of Pearson Farms in Pearson Farms, Apex.
What is the average sales price for listings in 1607 Patterson Grove Road?
The average sales price for units in 1607 Patterson Grove Road is $0 currently.

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