NOT LISTED FOR SALE

16 Cotswold Place Durham, NC 27707

Patterson Place Neighborhood

Estimated Value: $549,000 - $602,000

4 Beds
2.5 Baths
2,549 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2023

Last sale price $516,684 $203 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,628 / mo

6 Days on Market

Highlights

  • 1.5-Story Property
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Screened Porch

About This Home

As of May 2023

Sunny, lovingly-maintained home on one of the best lots in treasured Trotter Ridge. The main level lives like a ranch with 3 bedrooms and 2 full baths. Updated kitchen overlooks screened porch and fenced backyard. Hardwoods throughout most of main level and great storage with pantry, 2 hall closets, and 2 closets in each secondary bedroom. Space to spread out in the lower level with huge family room with masonry fireplace, office space with sliding door to patio, and half bath. The lower level also has an additional flex space/4th bedroom with closet. New heat pump installed Jan 2023. All appliances convey. Landscaped front yard, large flat backyard, cul de sac location, and a great community. Ask about $5000 in closing costs with acceptable offer! Won't last long!

Last Agent to Sell the Property

Ann Koonce

Choice Residential Real Estate License #278430 Listed on: 03/09/2023

Choice Residential Real Estate

Last Buyer's Agent

Nicolle Mercer

Keller Williams Elite Realty License #275787

Keller Williams Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1972

Lot Details

  • 14,375 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • Workshop in Garage

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Utility Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Laundry in Basement
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Trotter Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 1972

Lot Details

0.33 Acres

Parking

1

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Trotter Ridge
  • Above Grade Finished Sq Ft: 1615.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 646.0
  • General Property Information Total Unfinished Area2: 646.0
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: L
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Sunny, lovingly-maintained home on one of the best lots in treasured Trotter Ridge. The main level lives like a ranch with 3 bedrooms and 2 full baths. Updated kitchen overlooks backyard and screened porch. Space to spread out in the lower level with huge family room with masonry fireplace, office space with sliding door to patio, 4th BR/flex space and half bath. All appliances convey. Ask about $5000 in closing costs! Contact list agent Ann Koonce for more info: 919-971-3051.
  • General Property Information Senior Community YN: No
  • Levels One and One Half: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 1615.0
  • General Property Information Below Grade Finished Area: 934.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Acres: 0.33
  • General Property Information:Living Area3: 2549.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Primary Downstairs, Walk-In Shower, Wet Bar
  • Basement: Crawl Space, Daylight, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 934.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Insert, Masonry, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.33
  • Construction Type: Brick
  • Patio And Porch Features: Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Door Features:Storm Door(s): Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3505.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Creekside

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
Mar 9, 2023
Closed on
May 9, 2023
Sold by
Bought by
Seller's Agent
Ann Koonce
Choice Residential Real Estate
Buyer's Agent
Nicolle Mercer
Keller Williams Elite Realty
List Price
$520,000
Sold Price
$516,684
Premium/Discount to List
-$3,316
-0.64%
Views
25
Current Estimated Value
$579,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,800
Avg. Annual Appreciation
3.77%
Original Mortgage
$501,183
Outstanding Balance
$483,338
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$96,146

Purchase Details

Closed on
Jun 26, 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
$153,600
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2000
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
$140,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$517,000 Heritage Title
$192,000 --
$175,000 --
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 $501,183
Previous Owner $153,600
Previous Owner $140,000
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
12/14/2023 12/14/23 Off Market $516,684 -- --
05/15/2023 05/15/23 Sold $516,684 -0.6% $203 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $520,000 -- $204 / 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 $6,047 $610,022 $166,250 $443,772
2024 $4,117 $295,179 $54,900 $240,279
2023 $3,587 $273,844 $54,960 $218,884
2022 $3,505 $273,844 $54,960 $218,884
2021 $3,489 $273,844 $54,960 $218,884
2020 $3,406 $273,844 $54,960 $218,884
2019 $3,406 $273,844 $54,960 $218,884
2018 $3,317 $244,524 $39,960 $204,564
2017 $3,293 $244,524 $39,960 $204,564
2016 $3,182 $244,524 $39,960 $204,564
2015 $3,059 $220,952 $36,441 $184,511
2014 $3,059 $220,952 $36,441 $184,511
Source: Public Records

Agents Affiliated with this Home

  • Ann Koonce

    Seller's Agent in 2023

    Ann Koonce

    Choice Residential Real Estate

    (919) 971-3051

    4 in this area

    72 Total Sales

    Ann Koonce
    Section Image
  • Nicolle Mercer

    Buyer's Agent in 2023

    Nicolle Mercer

    Keller Williams Elite Realty

    (919) 632-5671

    2 in this area

    104 Total Sales

    Nicolle Mercer
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2498398

Doorify MLS

APN: 136015

North Carolina Durham County Durham 27707 Patterson Place

16 Cotswold Place, Durham, NC

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