507 Patrick Rd is a 3,300 square foot house on a 0.92 acre lot with 4 bedrooms and 2.5 bathrooms. - it last sold on July 05, 2001 for $225,500. Based on Redfin's Bahama data, we estimate the home's value is $500,980.
Single-familyProperty Type
1986Year Built
0.92 acresLot Size
$152Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$500,980
$275K since sold in July 2001$19K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.7% lower than the average sale price ($555K) of 6 comparable homes.
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Earn from this home
Sell
$427,139
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$3,241/mo
Redfin rental estimate
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Market trends in 27503, NC
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
98.2%
1.5% MoM
Median sale price
$525K
$154 MoM
Avg. days on market
11d
2 days MoM
Recently sold homes
9
2 MoM
Provided by Redfin
Sale history for 507 Patrick Rd
Date
Event
Price
Public Records
Jul 5, 2001
Sold
$225,500
$68/sq ft
Public Records
Oct 30, 1992
Sold
$122,500
$37/sq ft
Public Records
Mar 24, 1992
Sold
$112,289
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,199 (+5.7%)
$48,000 + $406,774
$454,774
2024
$3,026 (+5.6%)
$48,000 + $406,774
$454,774
2023
$2,866 (+4.1%)
$28,800 + $280,536
$309,336
2022
$2,752 (+8.4%)
$28,800 + $280,536
$309,336
2021
$2,539 (+1.2%)
$28,800 + $280,536
$309,336
2020
$2,508
$28,800 + $280,536
$309,336
2019
$2,508 (+17.0%)
$28,800 + $280,536
$309,336
2018
$2,144 (+1.2%)
$24,000 + $220,574
$244,574
2017
$2,119 (+3.3%)
$24,000 + $220,574
$244,574
2016
$2,052 (−15.6%)
$24,000 + $220,574
$244,574
2014
$2,432 (+6.8%)
$32,761 + $240,023
$272,784
2013
$2,276 (+3.7%)
$32,761 + $240,023
$272,784
2012
$2,194 (−0.2%)
$32,761 + $240,023
$272,784
2011
$2,198
$32,761 + $240,023
$272,784
Tax history for 507 Patrick Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,199 (+5.7%)
$48,000 + $406,774
$454,774
2024
$3,026 (+5.6%)
$48,000 + $406,774
$454,774
2023
$2,866 (+4.1%)
$28,800 + $280,536
$309,336
2022
$2,752 (+8.4%)
$28,800 + $280,536
$309,336
2021
$2,539 (+1.2%)
$28,800 + $280,536
$309,336
2020
$2,508
$28,800 + $280,536
$309,336
2019
$2,508 (+17.0%)
$28,800 + $280,536
$309,336
2018
$2,144 (+1.2%)
$24,000 + $220,574
$244,574
2017
$2,119 (+3.3%)
$24,000 + $220,574
$244,574
2016
$2,052 (−15.6%)
$24,000 + $220,574
$244,574
2014
$2,432 (+6.8%)
$32,761 + $240,023
$272,784
2013
$2,276 (+3.7%)
$32,761 + $240,023
$272,784
2012
$2,194 (−0.2%)
$32,761 + $240,023
$272,784
2011
$2,198
$32,761 + $240,023
$272,784
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RR
M/LR-A
Residential Rural District
The RR District is established to provide for agricultural activities and residential development on lots of one acre or greater and in conservation subdivisions. Commercial and industrial development is generally prohibited. This district is used to implement the Comprehensive Plan within those areas shown as the Rural Tier. Lands within other Tiers that have existing RR zoning are acknowledged; however, such lands may be rezoned to more intensive zoning districts consistent with the Comprehensive Plan. The regulations of this district are designed to discourage the development of urban services and to encourage the maintenance of an open and rural character.