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509 Pate Dr

Midway Park, NC 28544

2 bd 2 ba 980 sqft Built 2021 Lot 871 sqft townhomes
Most recent sale
$138,900
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2025 Listing removed $1,200 HiveMLS
Jan 7, 2025 Listing removed $1,200 HiveMLS
Jan 14, 2024 Listing removed $1,175 HiveMLS
May 27, 2023 Listed for rent $1,225 AppfolioUnits
Feb 1, 2022 Listing removed $1,175 NCRJacksonville
Dec 6, 2021 Sold $138,900 MLS #100296643

Tax assessment history

YearBuildingLandTotal assessedTax 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
980 sqft
Lot size
871 sqft
ZIP code
28544
City
Midway Park
Street
Pate Dr
Coordinates
34.71497, -77.30123

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,323
Gross rental yield
11.43%
Implied cap rate
7.43%
Trend-extrapolated value

Frequently asked questions

When did 509 Pate Dr last sell?
509 Pate Dr most recently sold on Dec 6, 2021 for $138,900.
What is the current tax assessment for 509 Pate Dr?
The most recent total assessment for 509 Pate Dr (year 2025) is $139,083 with $910 in property tax.
How does 509 Pate Dr's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $138,900.
When was 509 Pate Dr built?
509 Pate Dr was built in 2021.
How does 509 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 509 Pate Dr?
509 Pate Dr is a 2 bed, 2 bath, 980 sqft, 871 sqft lot townhomes.
Is 509 Pate Dr a flip candidate?
No — 509 Pate Dr does not appear in our flips dataset.
Is 509 Pate Dr a tax-appeal candidate?
No — 509 Pate Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$235.3K
2026 Q4
$240.4K
ZIP 28544 — Median Price History + Forecast

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