NOT LISTED FOR SALE

1742 Old Arbor Way Mebane, NC 27302

Estimated Value: $410,000 - $457,000

3 Beds
2.5 Baths
2,182 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $409,000 $187 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,506/month

5 Days on Market

Highlights

  • 1.02 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Hawfields Middle School Rated 9+
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of July 2023

HIGHLY MOTIVATED SELLERS. Looking to move quickly. This 2,182 sq foot home is nestled within a quiet, family neighborhood, on a lush acre lot, in a cul-de-sac, this gem is the Mebane oasis you’ve been looking for! With 3bedrooms, 2.5 baths, sunroom and a bonus room, and 10x16 shed, this ranch offers a brand new roof and HVAC, solid hardwood floors, and fully fenced in back yard, along with new stainless steel microwave, stove, and dishwasher. Entertain family and friends on the tripled-tiered deck that flows onto the expansive concrete patio, or cozy up next to the gas fireplace on those cooler nights. Close to the neighborhood pond and is great for fishing, birdwatching, or enjoying the view. When you feel like getting out, you’re a five minute drive from Tanger outlets and downtown Mebane, or a quick 25 minute drive from Durham, Chapel Hill, and Greensboro.

Last Agent to Sell the Property

Sharon Hocker

Keller Williams Elite Realty License #299380 Listed on: 06/21/2023

Keller Williams Elite Realty

Last Buyer's Agent

Dino Stewart

eXp Realty License #286689

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1979

Lot Details

  • 1.02 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Cleared Lot
  • Partially Wooded Lot

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,182 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Hawfields Middle School
  • Eastern Alamance High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Meadowood Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 163154
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: Survey needed
  • Subdivision Name: Meadowood Lakes
  • Directions: From I-40/85: Exit 152 Trollingwood Rd. Right on Trollingwood, cross over NC119. Street turns into Old Hillsborough Rd. Right on Old ArborWay. Home is on the left near the end.
  • Above Grade Finished Sq Ft: 2182
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Cul-De-Sac, Partially Cleared, Partially Wooded
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Cooktop, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2182
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Aluminum Siding, Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Alamance
  • High School: Eastern Alamance
  • Middle Or Junior School: Hawfields

Lot Info

  • Parcel #: 163154
  • Zoning: R
  • TRIADMLS_PricePerAcre: 400980.3922
  • TRIADMLS_DeedPage: 0502
  • TRIADMLS_DeedBook: 3579

Tax Info

  • Tax Annual Amount: 1721
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2016
Closed on
Aug 26, 2016
Sold by
Horton Todd B and Horton Laura L
Bought by
Cherry Christopher Raynor and Sowards Virginia D
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$245,000
Sold Price
$239,500
Premium/Discount to List
-$5,500
-2.24%
Current Estimated Value
$439,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,662
Avg. Annual Appreciation
6.89%
Original Mortgage
$219,322
Outstanding Balance
$174,165
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$264,997

Purchase Details

Closed on
Jul 10, 1998
Bought by
Horton Todd B and Horton Laura L
Source: Public Records

Range of Values:

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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
Cherry Christopher Raynor $240,000 Attorney
Horton Todd B $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Christopher Raynor $219,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2023 07/20/23 Sold $409,000 -0.7% $187 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/25/2023 06/25/23 Price Changed $412,000 -2.7% $189 / Sq Ft
06/23/2023 06/23/23 Price Changed $423,500 -1.3% $194 / Sq Ft
06/22/2023 06/22/23 For Sale $429,000 +79.1% $197 / Sq Ft
08/31/2016 08/31/16 Sold $239,500 -2.2% $126 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $245,000 -- $129 / Sq Ft
Source: Triad MLS

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 $2,125 $376,778 $66,329 $310,449
2024 $2,031 $376,778 $66,329 $310,449
2023 $1,891 $376,778 $66,329 $310,449
2022 $1,713 $228,054 $55,357 $172,697
2021 $1,736 $228,054 $55,357 $172,697
2020 $1,759 $228,054 $55,357 $172,697
2019 $1,767 $228,054 $55,357 $172,697
2018 $0 $228,054 $55,357 $172,697
2017 $1,562 $228,054 $55,357 $172,697
2016 $1,489 $217,412 $50,325 $167,087
2015 $1,482 $217,412 $50,325 $167,087
2014 $1,377 $217,938 $50,325 $167,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1109798

Triad MLS

APN: 163154