NOT LISTED FOR SALE

118 Patrick Rd Gastonia, NC 28056

Estimated Value: $578,000 - $881,911

4 Beds
4.5 Baths
4,254 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $850,000 $200 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,201/month

155 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring
  • Cramerton Middle School Rated A-
  • Family Room with Fireplace
  • Screened Porch

About This Home

As of January 2023

Move in ready home on nearly 7 acres! Updated huge kitchen with all the amenities including an island that can seat 6! Granite countertops throughout the home. Hardwood floors in the living areas. Primary bedroom on main & additional primary upstairs. Formal living room, dining room, & family room with fireplace. Finished basement with library, media room, surround sound, exercise/gym, fireplace & wet bar. Oversized attached garage. Beautiful built in pool with cabana & mature palm trees. Potential for additional living space on second floor. This home has approximately 9000+ sft of warehouse buildings behind it! Warehouse already zoned for warehouse storage and has income potential. Imagine the possibilities! See virtual tour for more info!

Last Agent to Sell the Property

Joe Brancatto

Joseph Randall Realty LLC License #293569 Listed on: 04/14/2022

Co-Listed By

Randy Griffitts

Joseph Randall Realty LLC License #293750

Last Buyer's Agent

Matthew Hanks

EXP Realty LLC Ballantyne License #91577

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1972

Lot Details

  • Level Lot
  • Zoning described as R1H

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Bonus Room with Fireplace
  • Screened Porch
  • Walk-In Attic
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • In Ground Pool
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • W.A. Bess Elementary School
  • Cramerton Middle School
  • Forestview High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 192569

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,265

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1972
  • Ratio Current Price By Acre: 369565.22
  • Restrictions: No Representation
  • Doors and Windows: Storm Door(s)
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 199.81
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Walk In, Cable Available, Garage Shop, Wet Bar
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 416
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2137
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 137
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 383
  • Sq Ft Unheated Upper: 246
  • Sq Ft Upper: 503
  • Porch: Back,Front,Patio,Screened
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1614
  • Fireplace Features: Bonus Room, Family Room, Wood Burning
  • Living Area: 4254
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Outbuilding(s), In Ground Pool, Storage, Workshop, Other
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Gastonia
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level, In Basement, In Garage, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Cramerton
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 192569
  • Additional Parcels Description: 192570
  • Zoning Description: R1H
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.50560

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: W.a. Bess
  • High School: Forestview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jan 26, 2023
Sold by
Penland Barbara P
Bought by
Pirko Donald and Pirko Gretchen
Seller's Agent
Joe Brancatto
Joseph Randall Realty LLC
Buyer's Agent
Matthew Hanks
EXP Realty LLC Ballantyne
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
81
Current Estimated Value
$734,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,272
Avg. Annual Appreciation
-5.16%
Original Mortgage
$700,000
Outstanding Balance
$677,957
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$56,771

Purchase Details

Closed on
Oct 1, 1986
Bought by
Penland Richard C and Penland Barbara P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pirko Donald $850,000 --
Penland Richard C $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirko Donald $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $850,000 0.0% $200 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $850,000 -5.5% $200 / Sq Ft
08/31/2022 08/31/22 Price Changed $899,000 -7.8% $211 / Sq Ft
08/19/2022 08/19/22 For Sale $975,000 0.0% $229 / Sq Ft
08/04/2022 08/04/22 Price Changed $975,000 +77.3% $229 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $550,000 -4.3% $129 / Sq Ft
07/06/2022 07/06/22 Price Changed $575,000 +15.0% $135 / Sq Ft
06/30/2022 06/30/22 Price Changed $500,000 -4.8% $118 / Sq Ft
06/12/2022 06/12/22 Price Changed $525,000 -8.7% $123 / Sq Ft
05/04/2022 05/04/22 Price Changed $575,000 -6.5% $135 / Sq Ft
04/26/2022 04/26/22 Price Changed $615,000 -1.6% $145 / Sq Ft
04/14/2022 04/14/22 For Sale $625,000 -- $147 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,265 $597,280 $151,200 $446,080
2024 $4,265 $597,280 $151,200 $446,080
2023 $4,151 $597,280 $151,200 $446,080
2022 $3,121 $339,240 $83,000 $256,240
2021 $3,074 $339,240 $83,000 $256,240
2019 $3,070 $339,240 $83,000 $256,240
2018 $2,549 $269,151 $83,000 $186,151
2017 $2,549 $269,151 $83,000 $186,151
2016 $2,549 $269,151 $0 $0
2014 $2,488 $265,532 $83,000 $182,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3849503

Canopy MLS (Canopy Realtor® Association)

APN: 192569