NOT LISTED FOR SALE

1502 Patterson Grove Rd Apex, NC 27502

Estimated Value: $639,000 - $695,916

4 Beds
2.5 Baths
2,415 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $657,000 $272 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,173/month

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Olive Chapel Elementary School Rated A
  • 1 Fireplace
  • Workshop

About This Home

As of February 2023

Beautifully maintained 4 bed, 2.5 bath home located in the desirable pool and tennis community of Pearson Farms! This home offers formal dining room, eat-in kitchen, 1st floor office, spacious owner's suite w/ double closets, tankless water heater, and 2 car garage. Fourth bedroom can be used as a bonus room. Large, fenced, low maintenance backyard with access to the Beaver Creek Greenway. MUST-SEE fully heated and cooled unfinished walkout basement with rough-in already installed to finish bathroom with a flex storage space for wine cellar/storm shelter, and an additional 2 car garage/workshop w/ single roll up door! Natural gas pre-plumbed for a grill on the back deck. RV/Boat parking permissible on this property! HOA includes a membership to Olive Chapel Swim and Tennis Club. Fresh paint throughout!

Last Listed By

Jason McCoy

Keller Williams Legacy License #316415 Listed on: 01/26/2023

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,025

Year Built

  • Built in 2000

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 76x159x89x147
  • Landscaped

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Heated Basement
  • Workshop

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • Ppm Association
  • Pearson Farms Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,025

Year Built

Built in 2000

Lot Details

0

HOA Fees

$35 per month

Parking

3

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Co List Office Mls Id: 1594
  • Co List Office Phone: 919-395-0735
  • Subdivision Name: Pearson Farms
  • Above Grade Finished Sq Ft: 2415.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation
  • General Property Information Lot Size Dimensions: 76x159x89x147
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Breakfast Room: Yes
  • Basement Heated3: Yes
  • Basement Workshop3: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2415.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Acres: 0.29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer
  • Basement: Heated, Unfinished, Workshop
  • Appliances: ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.29
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Basement, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Basement2: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 35.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 76x159x89x147
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Insulation: Yes

Tax Info

  • Tax Annual Amount: 4025.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 10, 2023
Sold by
Kriaris Anthony and Kriaris Catherine A
Bought by
Gardner Charles S and Gardner Joann D
Seller's Agent
Jason McCoy
Keller Williams Legacy
Buyer's Agent
Mark Wagenaar
Coldwell Banker HPW
List Price
$600,000
Sold Price
$657,000
Premium/Discount to List
$57,000
9.5%
Total Days on Market
3
Views
19
Current Estimated Value
$662,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,729
Avg. Annual Appreciation
0.38%
Original Mortgage
$489,000
Outstanding Balance
$477,343
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$185,309

Purchase Details

Closed on
Dec 11, 2000
Sold by
Del Ray Builders Inc
Bought by
Kriaris Anthony and Kriaris Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.36%

Purchase Details

Closed on
Jun 1, 2000
Sold by
Hhhunt Of North Carolina Inc
Bought by
Del Ray Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
8.11%

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
Gardner Charles S $657,000 --
Kriaris Anthony $265,000 --
Del Ray Builders Inc $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Charles S $489,000
Previous Owner Kriaris Anthony $50,000
Previous Owner Kriaris Anthony $192,000
Previous Owner Kriaris Anthony $100,000
Previous Owner Kriaris Anthony $105,300
Previous Owner Kriaris Anthony $120,000
Previous Owner Del Ray Builders Inc $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $657,000 -- --
02/24/2023 02/24/23 Sold $657,000 +9.5% $272 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $600,000 -- $248 / Sq Ft
Source: Doorify MLS

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
2024 $5,140 $599,878 $180,000 $419,878
2023 $4,289 $389,152 $88,000 $301,152
2022 $4,026 $389,152 $88,000 $301,152
2021 $3,873 $389,152 $88,000 $301,152
2020 $3,834 $389,152 $88,000 $301,152
2019 $3,798 $332,702 $88,000 $244,702
2018 $3,578 $332,702 $88,000 $244,702
2017 $3,330 $332,702 $88,000 $244,702
2016 $0 $332,702 $88,000 $244,702
2015 -- $318,992 $72,000 $246,992
2014 -- $318,992 $72,000 $246,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2492128

Doorify MLS

APN: 0732.03-41-6199-000