NOT LISTED FOR SALE

205 Patterson St China Grove, NC 28023

Estimated Value: $443,000 - $551,000

4 Beds
2 Baths
4,362 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $195,000 $45 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,996/month

617 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Detached Carport Spaces
  • 1 Car Garage
  • Front Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2015

THIS HUGE HISTORIC HOME IS LOCTED WITHIN WALKING DISTANCE TO DOWNTOWN CHINA GROVE. HIGH CEILINGS, ORIGINAL HW FLOORS, DECORATIVE MOLDINGS, METAL CEILINGS, AND ORNATE FP'S ARE JUST SOME OF THE ARCITECTURAL DETAILS THAT YOU WILL FIND. THIS HOME HAS BEEN UPDATED WITH UPGRADED ELECTRICAL, ENERGY EFFICIENT WINDOWS, NEW ROOF AND TWO EFFICIENT HVAC UNITS. HOME HAS FENCED BACKYARD, 2-CAR CARPORT, AND EXTRA LOT THAT INCLUDES DETACHED GARAGE.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1902

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 105x190
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 1 Car Garage
  • 2 Detached Carport Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,362 Sq Ft Home
  • Insulated Windows
  • Living Room with Fireplace
  • Den with Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • China Grove Elementary And Middle School
  • South Rowan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 138

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,072

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1902
  • Inclusions: Building
  • Road Frontage Type: Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Exhaust Hood, Trash Compactor
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room, Other - See Remarks
  • Living Area: 4362
  • Window Features: Insulated Window(s)

Exterior Features

  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Carport, Garage

Utilities

  • Heating: Forced Air, Natural Gas, Other - See Remarks
  • Sewer: Public Sewer, None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: China Grove

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 138
  • Zoning: SFR
  • Lot Size Acres: 0.46
  • Lot Size: 105X190
  • Lot Size Sq Ft: 20037
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: China Grove
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Aug 15, 2015
Sold by
Boggs Peggy J
Bought by
Mabrito Jefferson and Mabrito Emily F
List Price
$263,700
Sold Price
$195,000
Premium/Discount to List
-$68,700
-26.05%
Current Estimated Value
$490,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,498
Avg. Annual Appreciation
9.46%
Original Mortgage
$175,500
Outstanding Balance
$138,404
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$352,094

Purchase Details

Closed on
Sep 9, 2005
Sold by
Boggs Peggy J and Boggs William G
Bought by
Boggs William G and Boggs Peggy J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mabrito Jefferson $195,000 None Available
Boggs William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabrito Jefferson $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2015 11/19/15 Off Market $195,000 -- --
08/17/2015 08/17/15 Sold $195,000 -26.1% $45 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
11/08/2013 11/08/13 For Sale $263,700 -- $60 / 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 $5,072 $469,632 $36,000 $433,632
2024 $5,072 $469,632 $36,000 $433,632
2023 $5,072 $469,632 $36,000 $433,632
2022 $3,758 $308,674 $30,000 $278,674
2021 $3,696 $308,674 $30,000 $278,674
2020 $3,696 $308,674 $30,000 $278,674
2019 $3,696 $308,674 $30,000 $278,674
2018 $3,426 $279,912 $30,000 $249,912
2017 $3,426 $279,912 $30,000 $249,912
2016 $3,426 $279,912 $30,000 $249,912
2015 $3,478 $279,912 $30,000 $249,912
2014 $3,442 $284,492 $26,400 $258,092
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R55782

Canopy MLS (Canopy Realtor® Association)

APN: 102-138