NOT LISTED FOR SALE

1505 Patterson Grove Rd Apex, NC 27502

Apex Area

Estimated Value: $537,000 - $591,047

4 Beds
2.5 Baths
2,207 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2023

Last sale price $525,000 $238 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,496 / mo

29 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • 1 Fireplace
  • Olive Chapel Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of March 2023

Gorgeous home in desirable Pearson Farms featuring Hardwood floors and Granite Countertops. Private dining room with bay window. Separate living room. Family room w/ fireplace. Spacious kitchen w/ lots of cabinet space and center island. Tons of natural light. Master suite w/ trey ceiling, walk in closet, double vanities & whirlpool tub. Huge bonus room/4th Bedroom w/ window seat & built in bookshelves. Beautiful landscaping on over .25 acre lot w/ flat back yard space. Community pool, tennis, & walking trails.

Last Agent to Sell the Property

James Banks

Banks Residential License #275574 Listed on: 01/05/2023

Last Buyer's Agent

Sharon Evans

EXP Realty LLC License #172983

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1999

Lot Details

  • 12,197 Sq Ft Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,207 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Olive Chapel Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Ppm Association
  • Pearson Farms Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,413

Year Built

Built in 1999

Lot Details

0.28 Acres

HOA Fees

$35 per month

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Pearson Farms
  • Above Grade Finished Sq Ft: 2207.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey attached
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 2207.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • General Property Information:Living Area3: 2207.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.28
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • 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
  • Association Amenities:Clubhouse: 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 - Apex Friendship
  • Middle Or Junior School: Wake - Lufkin Road

Lot Info

  • Lot Dimensions: see survey attached
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3413.0

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 13, 2023
Sold by
Bought by
Seller's Agent
James Banks
Banks Residential
Buyer's Agent
Sharon Evans
EXP Realty LLC
List Price
$555,000
Sold Price
$525,000
Premium/Discount to List
-$30,000
-5.41%
Views
68
Current Estimated Value
$566,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,762
Avg. Annual Appreciation
2.30%
Original Mortgage
$393,750
Interest Rate
0.0517%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0375%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
0.0425%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
0.0624%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
0.0543%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
0.0766%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 --
$325,000 None Available
$283,000 Attorney
$239,000 --
$234,500 --
-- --
$191,500 --
$39,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $393,750
Previous Owner $250,000
Previous Owner $215,100
Previous Owner $154,500
Previous Owner $176,000
Previous Owner $181,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $525,000 -- --
03/13/2023 03/13/23 Sold $525,000 0.0% $238 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/07/2023 02/07/23 Price Changed $525,000 -5.4% $238 / Sq Ft
01/12/2023 01/12/23 For Sale $555,000 -- $251 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,584 $522,711 $180,000 $342,711
2024 $4,481 $522,711 $180,000 $342,711
2023 $3,636 $329,656 $88,000 $241,656
2022 $3,414 $329,656 $88,000 $241,656
2021 $3,284 $329,656 $88,000 $241,656
2020 $3,251 $329,656 $88,000 $241,656
2019 $3,172 $277,496 $88,000 $189,496
2018 $2,988 $277,496 $88,000 $189,496
2017 $2,781 $277,496 $88,000 $189,496
2016 $2,741 $277,496 $88,000 $189,496
2015 $2,644 $261,182 $72,000 $189,182
2014 $2,548 $261,182 $72,000 $189,182
Source: Public Records

Agents Affiliated with this Home

  • James Banks

    Seller's Agent in 2023

    James Banks

    Banks Residential

    (919) 916-8359

    111 Total Sales

    James Banks
    Section Image
  • Sharon Evans

    Buyer's Agent in 2023

    Sharon Evans

    EXP Realty LLC

    (919) 271-3399

    983 Total Sales

    Sharon Evans
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2489212

Doorify MLS

APN: 0732.03-41-5440-000

North Carolina Wake County Apex 27502

1505 Patterson Grove Rd, Apex, NC

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