NOT LISTED FOR SALE

1241 S Fifth St Unit B3 Mebane, NC 27302

Estimated Value: $144,000 - $183,000

2 Beds
1.5 Baths
992 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $170,000 $171 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,151/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Forced Air Heating System
  • Attic
  • Patio
  • Carpet

About This Home

As of October 2023

Welcome to your perfect retreat in charming Mebane! This delightful 2-bedroom, 1.5-bath townhouse offers a cozy and comfortable living space, complete with modern upgrades that make it a fantastic investment opportunity or an ideal choice for first-time homeowners.Enjoy a fresh start in a space that's been thoughtfully updated with new flooring and paint throughout, creating a clean and inviting atmosphere.This townhouse is conveniently close to shopping, dining, and all the amenities this vibrant community has to offer.As you step inside, you'll be greeted by a warm and inviting living space, perfect for unwinding or hosting friends and family. Upstairs, you'll find two generously-sized bedrooms, providing ample space for relaxation and rest.Whether you're a seasoned investor looking to expand your portfolio or a first-time homeowner eager to make your mark on a well-maintained property, this Mebane home offers the perfect blend of comfort, convenience, and potential.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • 1983

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Carpet
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Paved Parking
  • Assigned Parking

Schools

  • Alamance - S Mebane Elementary School
  • Alamance - Woodlawn Middle School
  • Alamance - Eastern Alamance High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Patio
  • Irregular Lot

Listing and Financial Details

  • Assessor Parcel Number 163633

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

1983

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Prop. Type: Residential
  • Directions: From I-40 West take Exit 153 onto 119. Fox Run will be on your right. The unit will be on your left.
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Range Hood, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Attic, Pantry, Pull Down Attic Stairs
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Irregular Lot
  • Construction Type: Brick, Other, Vinyl Siding
  • Exterior Features: None
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Alamance - S Mebane
  • High School: Alamance - Eastern Alamance
  • Middle Or Junior School: Alamance - Woodlawn

Lot Info

  • Parcel #: 163633
  • Zoning Description: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 16, 2023
Sold by
Smith Joan G and Lemieux Nichole
Bought by
Gibbs Julian
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$165,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,947
Avg. Annual Appreciation
-1.46%
Original Mortgage
$169,000
Outstanding Balance
$165,462
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$409

Purchase Details

Closed on
Apr 2, 2020
Sold by
P Morgan Enterprises Llc
Bought by
Smith Joan G and Lemiieux Nichole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2019
Sold by
Carruth Jeffrey G and Carruth Angela D
Bought by
P Morgan Enterprises Llc

Purchase Details

Closed on
Jan 27, 2016
Sold by
Shelton Christopher L
Bought by
Carruth Jeffrey G and Carruth Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibbs Julian $170,000 None Listed On Document
Smith Joan G $81,500 None Available
P Morgan Enterprises Llc $72,000 Attorney
Carruth Jeffrey G $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Julian $169,000
Previous Owner Smith Joan G $30,000
Previous Owner Carruth Jeffrey G $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $170,000 0.0% $171 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $170,000 -- $171 / Sq Ft
Source: Alamance Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $998 $115,498 $15,000 $100,498
2024 $969 $115,498 $15,000 $100,498
2023 $403 $100,952 $15,000 $85,952
2022 $659 $59,131 $12,900 $46,231
2021 $665 $59,131 $12,900 $46,231
2020 $671 $59,131 $12,900 $46,231
2019 $674 $59,131 $12,900 $46,231
2018 $0 $59,131 $12,900 $46,231
2017 $621 $59,131 $12,900 $46,231
2016 $697 $65,131 $7,500 $57,631
2015 $376 $65,131 $7,500 $57,631
2014 -- $65,131 $7,500 $57,631
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 128526

APN: 163633