516 Patterson St
Lenoir, NC 28645
2 bd 1 ba 744 sqft Built 1921 Lot 11,761 sqft single_family
Most recent sale
$46,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $46,000 | MLS #3833936 |
| May 16, 2022 | Relisted | $53,900 | MLS #3833936 |
| Apr 26, 2022 | Price changed | $53,900 | MLS #3833936 |
| Feb 28, 2022 | Listed | $59,900 | MLS #3833936 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $54,000 | $2,200 | $56,200 | $371 |
| 2023 | $14,800 | $2,200 | $17,000 | $124 |
| 2022 | $14,800 | $2,200 | $17,000 | $124 |
| 2021 | $14,800 | $2,200 | $17,000 | $125 |
| 2020 | $17,100 | $2,200 | $19,300 | $139 |
| 2019 | $17,100 | $2,200 | $19,300 | $139 |
| 2018 | $17,100 | $2,200 | $19,300 | $252 |
| 2017 | $17,100 | $2,200 | $19,300 | $252 |
| 2016 | $17,100 | $2,200 | $19,300 | $140 |
| 2015 | $17,100 | $2,200 | $19,300 | $130 |
| 2014 | $17,100 | $2,200 | $19,300 | $130 |
| 2013 | $17,100 | $2,200 | $19,300 | $130 |
| 2012 | $19,100 | $2,200 | $21,300 | $148 |
| 2011 | $19,100 | $2,200 | $21,300 | $264 |
| 2010 | $19,100 | $2,200 | $21,300 | $155 |
| 2009 | $19,100 | $2,200 | $21,300 | $155 |
| 2008 | $19,100 | $2,200 | $21,300 | $152 |
| 2007 | — | — | $21,300 | $152 |
Property facts
Year built
1921
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
744 sqft
Lot size
11,761 sqft
ZIP code
28645
City
Lenoir
Street
Patterson St
Coordinates
35.92148, -81.53508
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$276
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Patterson St last sell?
516 Patterson St most recently sold on May 23, 2022 for $46,000.
What is the current tax assessment for 516 Patterson St?
The most recent total assessment for 516 Patterson St (year 2025) is $56,200 with $371 in property tax.
How does 516 Patterson St's assessment compare to its last sale price?
The current assessment is 22.2% above the last sale price of $46,000.
When was 516 Patterson St built?
516 Patterson St was built in 1921.
How does 516 Patterson St compare to others on Patterson St?
We track 3 other properties on Patterson St. Browse the list under "Other properties on Patterson St" to compare beds, baths, and sale history.
What are the property facts for 516 Patterson St?
516 Patterson St is a 2 bed, 1 bath, 744 sqft, 11,761 sqft lot single_family.
Is 516 Patterson St a flip candidate?
No — 516 Patterson St does not appear in our flips dataset.
Is 516 Patterson St a tax-appeal candidate?
Yes — 516 Patterson St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$265K
2026 Q4
$255.4K
ZIP 28645 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Patterson St