$450,000
SOLD FEB 3, 2025

507 Pate St Apex, NC 27502

2 Beds
1 Bath
896 Sq Ft
0.48 Acres

Recently Sold

$502 Per Sq Ft

0 Day on Market

Highlights

  • 0.48 Acre Lot
  • Ranch Style House
  • No HOA
  • Baucom Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of February 2025

Entering for comparison purposes only

Last Agent to Sell the Property

Laura Funk

Keller Williams Legacy License #353492 Listed on: 12/18/2024

Keller Williams Legacy

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1951

Lot Details

  • 0.48 Acre Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 896 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 6 Parking Spaces
  • 6 Open Parking Spaces

Schools

  • Baucom Elementary School
  • Apex Middle School
  • Apex High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Whiteoak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0742337121

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,429

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Prop. Type: Residential
  • Subdivision Name: Whiteoak
  • Above Grade Finished Sq Ft: 896.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 896.0
  • General Property Information Lot Size Square Feet2: 20908.8
  • General Property Information Lot Size Acres: 0.48
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Acres: 0.48
  • Construction Type: Masonite
  • Foundation Details: Block
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Apex
  • Middle Or Junior School: Wake - Apex

Lot Info

  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0742337121
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4429.05
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Baucom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 27, 2025
Sold by
Colclough Ginga Lynn
Bought by
Patel Meghana A
Seller's Agent
Laura Funk
Keller Williams Legacy
Buyer's Agent
Non Member
Non Member Office
List Price
$450,000
Sold Price
$450,000
Views
3
Current Estimated Value
$447,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,434
Avg. Annual Appreciation
-0.83%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Cordova Marco and Cordova Patricia
Bought by
Colclough Ginga Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2012
Sold by
Truitt Gary A and Truitt Theresa P
Bought by
Cordova Marco and Cordova Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,025
Interest Rate
3.37%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $219,000 None Available
Warranty Deed $109,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,200 Adjustable Rate Mortgage/ARM
Previous Owner $107,025 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $450,000 0.0% $502 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/18/2024 12/18/24 For Sale $450,000 -- $502 / 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
2025 $4,530 $516,585 $414,000 $102,585
2024 $4,429 $516,585 $414,000 $102,585
2023 $2,276 $205,662 $130,000 $75,662
2022 $2,137 $205,662 $130,000 $75,662
2021 $2,056 $205,662 $130,000 $75,662
2020 $2,035 $205,662 $130,000 $75,662
2019 $1,997 $174,057 $125,000 $49,057
2018 $1,881 $174,057 $125,000 $49,057
2017 $1,752 $174,057 $125,000 $49,057
2016 $1,727 $174,057 $125,000 $49,057
2015 $1,890 $186,149 $140,000 $46,149
2014 $1,822 $186,149 $140,000 $46,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10067673

Doorify MLS

APN: 0742.14-33-7121-000