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261 Pat Stough Lane

261 Pat Stough Lane, Davidson, NC 28036
House in Mecklenburg
Sold Aug 29, 2022
$934,000
$560,250 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2052
Sold Oct 18, 2019
$615,000
$553,000 by Newdominion Bank
Mortgage Due Nov 01, 2049
261 Pat Stough Lane in Davidson, NC was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 261 Pat Stough Lane has 3,146 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 21,344 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 624 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 261 Pat Stough Lane sold most recently in Aug 29, 2022 for a total of $934,000. If you work out the math, that's approximately a cost of $296.88 per sqft. Before that, the property was also sold for $615,000 in Oct 15, 2019. 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 $5,603 in taxes each year. 261 Pat Stough Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $856,500. If we break it down further, the land itself was valued at $500,000. Improvements to the property, however, were assessed at a total of $356,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Hardboard Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 3,146
  • Gross Building Area: 3,146
  • Building Area: 3,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,146
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CABIN CRK PH I
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L8 M25-127

Ownership

  • Current Owner : ARMSTRONG ROBERT
  • Current Owner 2: ARMSTRONG KRISTIN
  • Previous Owner : ANDREW SELLERS BEVAN
  • Owner Before Previous Owner: POWELL RONALD M
  • Owner Before Previous Owner 2: POWELL AMY B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: DAVIDSON
  • Census Tract: 006403

Zoning

  • Zoning: VI

Geography

  • Assessors Map Reference: 007-39
  • District: 2
  • Parcel: 007-391-08
  • Block: 1
  • Lot: 8
  • Municipality: DAVIDSON
  • Latitude: 35.4896
  • Longitude: -80.8328

    Address

  • Full Address: 261 Pat Stough Ln
  • Address - House Number: 261
  • Address - Street Name: Pat Stough
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Davidson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8405
  • Zip Code: 28036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,603
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 866,828
  • High Value: 1,028,401
  • Low Value: 705,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $560,250
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $856,500
  • Market Land Value: $500,000
  • Market Improvement Value: $356,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856,500
  • Assessed Land Value: $500,000
  • Assessed Improvements Value: $356,500

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895545590
  • Current Sale Price: $934,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 123581
  • Previous Sale Recording Date: Oct 18, 2019
  • Previous Sale Contract Date: Oct 15, 2019
  • Previous Sale Amount: $615,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 29, 2022
  • First Mortgage Loan Amount: $560,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEWDOMINION BANK
  • Previous Mortgage Transaction Date: Oct 18, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $553,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 261 Pat Stough Lane located in?
The 261 Pat Stough Lane is a house located in the neighborhood of Mecklenburg in Davidson, Davidson.
What is the average sales price for listings in 261 Pat Stough Lane?
The average sales price for units in 261 Pat Stough Lane is $0 currently.

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