NOT LISTED FOR SALE

986 Patterson St China Grove, NC 28023

Estimated Value: $777,067 - $857,000

4 Beds
3.5 Baths
5,676 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $770,000 $136 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,971/month

107 Days on Market

Highlights

  • Wooded Lot
  • Fireplace
  • Four Sided Brick Exterior Elevation
  • Covered Patio or Porch
  • 3 Car Attached Garage
  • Central Air

About This Home

As of September 2024

Nestled just moments away from the charming downtown area, this stunning custom-built home epitomizes luxury living at its finest. A grand entry welcomes you with elegance. Spanning an expansive square footage, this residence offers an abundance of space for both relaxation and entertainment. The spacious bedrooms provide a tranquil retreat, each exuding its own unique character. For the wine enthusiast, a beautifully appointed wine cellar awaits. Meanwhile, the basement presents an exceptional opportunity for hosting gatherings and creating memories with friends and family. Step outside onto the beautiful deck, where you'll be greeted by breathtaking views of the meticulously landscaped grounds, adorned with mature trees and accentuated by a tranquil water feature. The three-car garage provides ample parking as well as a huge walk-in attic offering endless possibilities for storage. You do not want to miss your chance to make this exquisite property yours.

Last Agent to Sell the Property

Rebekah Taylor

Call It Closed International Inc Brokerage Email: RTturnsthekey@gmail.com License #329504 Listed on: 05/02/2024

Co-Listed By

Christy Bradshaw

Call It Closed International Inc Brokerage Email: RTturnsthekey@gmail.com License #255850

Last Buyer's Agent

Lisa Revis

Southern Charm Realty Inc License #255873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1991

Lot Details

  • Wooded Lot
  • Property is zoned RS

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 119080

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,857

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.66
  • Geocode Confidence: High
  • Attribution Contact: RTturnsthekey@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2243
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 432
  • Sq Ft Unheated Total: 432
  • Sq Ft Upper: 1689
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 3932
  • Has Basement: Exterior Entry, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1744
  • Fireplace Features: Gas Log
  • Living Area: 5676
  • Bedroom Main: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: China Grove
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 119080
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Sep 30, 2024
Sold by
King David L and King Susan J
Bought by
Riffle Lonnie and Riffle Melissa
Seller's Agent
Rebekah Taylor
Call It Closed International Inc
Buyer's Agent
Lisa Revis
Southern Charm Realty Inc
List Price
$899,000
Sold Price
$770,000
Premium/Discount to List
-$129,000
-14.35%
Views
117
Current Estimated Value
$816,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,517
Avg. Annual Appreciation
5.69%
Original Mortgage
$693,000
Outstanding Balance
$684,772
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$131,745
Source: Public Records

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
Riffle Lonnie $770,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riffle Lonnie $693,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $770,000 -3.6% $136 / Sq Ft
07/19/2024 07/19/24 Price Changed $799,000 -5.9% $141 / Sq Ft
06/27/2024 06/27/24 Price Changed $849,000 -5.6% $150 / Sq Ft
05/03/2024 05/03/24 For Sale $899,000 -- $158 / 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 $7,857 $727,531 $63,812 $663,719
2024 $7,857 $727,531 $63,812 $663,719
2023 $7,857 $727,531 $63,812 $663,719
2022 $4,637 $380,856 $51,824 $329,032
2021 $4,561 $380,856 $51,824 $329,032
2020 $4,561 $380,856 $51,824 $329,032
2019 $4,561 $380,856 $51,824 $329,032
2018 $4,049 $330,869 $51,824 $279,045
2017 $4,049 $330,869 $51,824 $279,045
2016 $4,049 $330,869 $51,824 $279,045
2015 $4,111 $330,869 $51,824 $279,045
2014 $3,959 $327,149 $51,824 $275,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135576

Canopy MLS (Canopy Realtor® Association)

APN: 119-080