505 Pate Dr
Midway Park, NC 28544
2 bd 2 ba 1,034 sqft Built 2021 Lot 871 sqft townhomes
Most recent sale
$139,900
Dec 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 19, 2025 | Listing removed | $1,190 | HiveMLS |
| Jan 31, 2025 | Listing removed | $1,175 | HiveMLS |
| Aug 6, 2024 | Listing removed | $1,225 | HiveMLS |
| Jun 7, 2024 | Price changed for rent | $1,190 | AppfolioUnits |
| May 21, 2024 | Listed for rent | $1,225 | AppfolioUnits |
| Feb 19, 2023 | Listing removed | $1,225 | NCRJacksonville |
| Aug 28, 2022 | Price changed for rent | $1,225 | AppfolioUnits |
| Aug 18, 2022 | Listed for rent | $1,275 | AppfolioUnits |
| Feb 10, 2022 | Listing removed | $1,175 | NCRJacksonville |
| Dec 6, 2021 | Sold | $139,900 | MLS #100296641 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $121,583 | $17,500 | $139,083 | $910 |
| 2023 | $121,583 | $17,500 | $139,083 | $910 |
| 2022 | $121,583 | $17,500 | $139,083 | $910 |
| 2021 | — | $20,000 | $20,000 | $141 |
Property facts
Year built
2021
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,034 sqft
Lot size
871 sqft
ZIP code
28544
City
Midway Park
Street
Pate Dr
Coordinates
34.71491, -77.30115
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
$1,396
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Pate Dr last sell?
505 Pate Dr most recently sold on Dec 6, 2021 for $139,900.
What is the current tax assessment for 505 Pate Dr?
The most recent total assessment for 505 Pate Dr (year 2025) is $139,083 with $910 in property tax.
How does 505 Pate Dr's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $139,900.
When was 505 Pate Dr built?
505 Pate Dr was built in 2021.
How does 505 Pate Dr compare to others on Pate Dr?
We track 8 other properties on Pate Dr. Browse the list under "Other properties on Pate Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Pate Dr?
505 Pate Dr is a 2 bed, 2 bath, 1,034 sqft, 871 sqft lot townhomes.
Is 505 Pate Dr a flip candidate?
No — 505 Pate Dr does not appear in our flips dataset.
Is 505 Pate Dr a tax-appeal candidate?
No — 505 Pate Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$235.3K
2026 Q4
$240.4K
ZIP 28544 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Pate Dr