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1706 Patton Road

1706 Patton Road, Raleigh, NC 27608
House in University
Sold Mar 22, 2021
$350,000
$332,500 by First National Bank Of Pennsyl
Mortgage Due Apr 01, 2051
Sold Sep 16, 2011
$106,000
$98,879 by Union Mortgage Group Inc
Mortgage Due Oct 01, 2041
Local assessors in Raleigh, NC have categorized 1706 Patton Road as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1706 Patton Road has a total of 750 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1706 Patton Road sold most recently in Mar 22, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $466.67 per sqft. Before that, the property was also sold for $106,000 in Sep 8, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,932 in taxes each year. 1706 Patton Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $287,591. If we break it down further, the land itself was valued at $259,250. Improvements to the property, however, were assessed at a total of $28,341. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 750
  • Building Area: 750
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 750
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN HOUSING CORPORATION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO5 GEORGETOWN HOUSING CORP BM1946-00008

Ownership

  • Current Owner : DODD OLIVER T
  • Previous Owner : MCCALLUM JOHN MARK
  • Previous Owner 2: MCCALLUM LAUREN
  • Owner Before Previous Owner: FRINK LEIGH ANN
  • Owner Before Previous Owner 2: PLOWMAN STEVEN V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0025864
  • District: 01
  • Parcel: 1714.05-18-0290 0025864
  • Lot: 5
  • Municipality: RALEIGH
  • Latitude: 35.8052
  • Longitude: -78.6253

    Address

  • Full Address: 1706 Patton Rd
  • Address - House Number: 1706
  • Address - Street Name: Patton
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 2710
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,932

    Appraisal Valuation

  • Standard Deviation: 0.1337
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 449,860
  • High Value: 510,041
  • Low Value: 389,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $332,500
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $287,591
  • Market Land Value: $259,250
  • Market Improvement Value: $28,341

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $287,591
  • Assessed Land Value: $259,250
  • Assessed Improvements Value: $28,341

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11839474597
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 16, 2011
  • Previous Sale Contract Date: Sep 08, 2011
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNION MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Sep 16, 2011
  • Previous Mortgage Loan Amount: $98,879
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About University



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Frequently Asked Questions

What neighborhood is 1706 Patton Road located in?
The 1706 Patton Road is a house located in the neighborhood of University in University, Raleigh.
What is the average sales price for listings in 1706 Patton Road?
The average sales price for units in 1706 Patton Road is $0 currently.

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