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1029 Patton Avenue

1029 Patton Avenue, Albemarle, NC 28001
House in Stanly
Sold Jan 15, 2021
$179,000
$180,808 by Homestar Financial Corp
Mortgage Due Feb 01, 2051
Sold Jul 17, 2017
$89,320
1029 Patton Avenue has been categorized by the local assessors in Albemarle, NC as a residential type of property. The building on the property was first built in 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1029 Patton Avenue has 1,254 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 2,000 ft. The area measurement of the land has been determined as 31,363 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 15, 2021 for $179,000. That's $142.74 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2017 for $89,320. 1029 Patton Avenue was last assessed in 2023. The total value of the property was assessed at $122,882. Specifically, the land the property is located on was valued at $11,760. While improvements on the property were assessed at a total of $111,122. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,499. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,363
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,254
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CITY LAKE DEVELOPMENT
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE 1029 PATTON AVE LTS 25/28 BLK A 653806021

Ownership

  • Current Owner : SMITH TRAVIS EMERY
  • Current Owner 2: SMITH SARAH C
  • Previous Owner : BURRIS JAMES M
  • Previous Owner 2: BURRIS CAROLYN S
  • Owner Before Previous Owner: MCKEITHAN WALTER LEE
  • Owner Before Previous Owner 2: MCKEITHAN JANICE V

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 930500

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MP 2 PG 96
  • Account Number: 1532282
  • District: 101
  • Parcel: 653801289395
  • Block: A
  • Lot: 25
  • Municipality: ALBEMARLE TOWNSHIP
  • Latitude: 35.3604
  • Longitude: -80.2307

    Address

  • Full Address: 1029 Patton Ave
  • Address - House Number: 1029
  • Address - Street Name: Patton
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Albemarle
  • Carrier Code: R006
  • 4-Digit Zip Code: 9311
  • Zip Code: 28001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,499
  • Tax Rate Code Area: 500:500

    Appraisal Valuation

  • Standard Deviation: 0.3476
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 30
  • Final Value: 347,054
  • High Value: 467,704
  • Low Value: 226,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,808
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $180,808
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $122,882
  • Market Land Value: $11,760
  • Market Improvement Value: $111,122

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,882
  • Assessed Land Value: $11,760
  • Assessed Improvements Value: $111,122

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11836617215
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 428088
  • Previous Sale Recording Date: Jul 17, 2017
  • Previous Sale Contract Date: Jul 11, 2017
  • Previous Sale Amount: $89,320
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $180,808
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Albemarle



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Nearby Rentals

Unit for rent at 330 East Main Street, Albemarle, NC, 28001

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
330 East Main Street, Albemarle, NC, 28001 Listing by Dottie Ciarrocchi

Frequently Asked Questions

What neighborhood is 1029 Patton Avenue located in?
The 1029 Patton Avenue is a house located in the neighborhood of Stanly in Albemarle, Albemarle.
What is the average sales price for listings in 1029 Patton Avenue?
The average sales price for units in 1029 Patton Avenue is $0 currently.

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