$228,500
PENDING $20K PRICE DROP

163 Lake Latham Rd Mebane, NC 27302

Estimated payment $1,315/month

Total Views 5,389
3 Beds
1 Bath
1,157 Sq Ft
$197 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Outdoor Storage
  • Ceiling Fan

About This Home

Welcome to 163 Lake Latham Rd in Mebane—a well-maintained 3-bedroom, 1-bathroom home offering comfort and opportunity. Featuring a bright living area, dedicated laundry room, and an eat-in kitchen ready for your personal touch. Enjoy coffee on the deck overlooking the large backyard goes into the trees, complete with a storage shed for tools or extra storage needs. Located just minutes from downtown Mebane, this home provides easy access to shopping, dining, and recreation. This property brings great opportunity for a homebuyer—but it also presents strong potential as an investment property or rental, thanks to its prime location and solid layout. Whether you're looking for a place to call home or a smart addition to your portfolio, 163 Lake Latham Rd is worth a look. HVAC 2019, sewer is septic, water is Orange-Alamance Water.

Listing Agent

Lucinda Dudley

Keller Williams Central License #236733 Listed on: 06/25/2025

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1972

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 101' x 271' x 105' x 264'

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Woodlawn Middle School
  • Eastern Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 164848
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.632
  • Lot Size: 101' x 271' x 105' x 264'
  • Subdivision Name: None
  • Directions: From Burlington: Head east on US-70 into Mebane, turn right onto Gibson Dr, turn left onto Lake Latham Rd.
  • Above Grade Finished Sq Ft: 1157
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1157
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 164848
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 361550.6329
  • TRIADMLS_PlatPage: 2
  • TRIADMLS_DeedPage: 694
  • TRIADMLS_DeedBook: 2597
  • TRIADMLS_PlatBook: 6

Tax Info

  • Tax Annual Amount: 840.68
  • Tax Lot: 7
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.539

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $845 $156,753 $48,116 $108,637
2023 $783 $156,753 $48,116 $108,637
2022 $621 $82,698 $28,560 $54,138
2021 $629 $82,698 $28,560 $54,138
2020 $638 $82,698 $28,560 $54,138
2019 $641 $82,698 $28,560 $54,138
2018 $0 $82,698 $28,560 $54,138
2017 $564 $82,698 $28,560 $54,138
2016 $605 $88,321 $28,560 $59,761
2015 $602 $88,321 $28,560 $59,761
2014 $558 $88,321 $28,560 $59,761
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $228,500 -4.2% $197 / Sq Ft
07/21/2025 07/21/25 Price Changed $238,500 -4.2% $206 / Sq Ft
06/25/2025 06/25/25 For Sale $248,842 -- $215 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $50,000 --
Warranty Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $47,500 New Conventional
Previous Owner $85,000 Adjustable Rate Mortgage/ARM
Previous Owner $68,400 New Conventional
Source: Public Records

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Source: Triad MLS

MLS Number: 1185690

Triad MLS

APN: 164848