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505 Patterson St; Charlotte, NC Property Details

505 Patterson St, Charlotte, NC is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 505 Patterson St has 5 bedrooms, and 2.5 bathrooms, and a total of 2,718 square feet. The lot size of 505 Patterson St is 7,405 square feet.

Off market
505 Patterson St Charlotte, NC 28205
$470,000 Listing Price
5 Beds
2.5 Baths
2,718 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1926
  • Purchase Price: $470,000
  • Open Loans / Balance: 1 / $238,448
  • Est. Equity / %: $862,552 / 78.34%
  • Gross Yield: 5.409%
  • APN: 091-106-45
  • Situs County: Mecklenburg
  • Length Of Ownership: 11 years, 1 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 2,718/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,718/SqFt
  • Living: 2,718/SqFt
  • Building: 2,718/SqFt
  • Ground: 1,414/SqFt
  • Price Per Square Foot: $172.92

Legal Description

  • Description: L63 M6-903
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charlotte-Mecklenburg Schools
  • Lat / Lon: 35.249466 / -80.80068
  • Subdivision: Property/Johnson Manufacturing
  • Property Class: Residential
  • Zoning: R-5
  • County Use Code: R100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1126
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

505 Patterson St has no associated ownership info
505 Patterson St has no associated ownership info.

Taxes

505 Patterson St has 10 associated Taxes items

505 Patterson St, Charlotte, NC pays taxes in Mecklenburg County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $783,800. The APN we've located for 505 Patterson St is 091-106-45.

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Taxes
  • Assessed Value:  $783,800
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  091-106-45
  • Assessed Land Value:  325000
  • Market Land Value:  325000
  • Tax Amount:  6088.49
  • Tax Year:  2024
  • Market Value:  783800
  • Market Year:  2025

Tax History

505 Patterson St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $783,800 Land Value $325,000 Improvement Value $458,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $783,800 Land Value $325,000 Improvement Value $458,800 Tax Amount $6,088.49 Change Rate +0.033994% Assessed CR Tax Rate +0.007768%
Year 2023 Assessed Value $783,800 Land Value $325,000 Improvement Value $458,800 Tax Amount $5,888.32 Change Rate +0.229228% Assessed CR Tax Rate +0.007513%
Year 2022 Assessed Value $496,400 Land Value $200,000 Improvement Value $296,400 Tax Amount $4,790.26 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $496,400 Land Value $200,000 Improvement Value $296,400 Tax Amount $4,790.26 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $496,400 Land Value $200,000 Improvement Value $296,400 Tax Amount $4,790.26 Change Rate -0.018755% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $496,400 Land Value $200,000 Improvement Value $296,400 Tax Amount $4,881.82 Change Rate -0.044397% Assessed CR Tax Rate +0.009834%
Year 2018 Assessed Value $383,800 Land Value $100,000 Improvement Value $283,800 Tax Amount $5,108.63 Change Rate +0.015448% Assessed CR Tax Rate +0.013311%
Year 2017 Assessed Value $383,800 Land Value $100,000 Improvement Value $283,800 Tax Amount $5,030.91 Change Rate +0.001892% Assessed CR Tax Rate +0.013108%
Year 2016 Assessed Value $173,800 Land Value $100,000 Improvement Value $73,800 Tax Amount $5,021.41 Change Rate +1.191158% Assessed CR Tax Rate +0.028892%
Year 2015 Assessed Value $199,300 Land Value $100,000 Improvement Value $99,300 Tax Amount $2,291.67 Change Rate -0.183145% Assessed CR Tax Rate +0.011499%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,805.48 Change Rate Assessed CR Tax Rate