NOT LISTED FOR SALE

218 E Drake Ln Mebane, NC 27302

Estimated Value: $280,000 - $320,000

3 Beds
2 Baths
1,300 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $245,000 $188 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,782/month

3 Days on Market

Highlights

  • Attic
  • No HOA
  • 1 Car Attached Garage
  • Corner Lot
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

One level ranch style home on .32 acre corner lot in Alexander Park. Home features 3 BR's, 2 Baths, Family Rm with cathedral ceiling and gas log fireplace, laminate flooring throughout (no carpet), fenced in back yard, rear deck, covered front porch, manicured lawn/landscaping & 1 car attached garage. Home is well maintained with a 2 year contract with Sage Pest Control and HVAC only 7-8 years old. Move in condition & minutes from Downtown Mebane & Tanger Outlets. Won't last long in this prime location.

Last Agent to Sell the Property

Tanya Wilson

eXp Realty License #259090 Listed on: 06/23/2021

eXp Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 2005

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Crawl Space
  • Attic

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Woodlawn Middle School
  • Eastern Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Alexander Park Subdivision

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 168822
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 0
  • Subdivision Name: Alexander Park
  • Directions: I/85/40 to Exit 153, Hwy 119 N (5th Street), Cross RR tracks, Right on Drake, Home on Right.
  • Above Grade Finished Sq Ft: 1238
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1238
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Corner Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: E. M. Yoder
  • High School: Eastern Alamance
  • Middle Or Junior School: Woodlawn

Lot Info

  • Parcel #: 168822
  • Zoning: SFR
  • TRIADMLS_PlatBook: 069-0324
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1755
  • Tax Lot: 81
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 29, 2021
Sold by
Shay Dorothy T
Bought by
Purefoy Vanessa
Seller's Agent
Tanya Wilson
eXp Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$220,000
Sold Price
$245,000
Premium/Discount to List
$25,000
11.36%
Current Estimated Value
$302,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,517
Avg. Annual Appreciation
4.81%
Original Mortgage
$218,500
Outstanding Balance
$198,773
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$103,744

Purchase Details

Closed on
Jan 24, 2019
Sold by
Vaughan Edwin F and Shay Dorothy T
Bought by
Shay Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Harris Kirk Russell
Bought by
Shay Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Freeland Cons Co Inc
Bought by
Harris Kirk R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,760
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Purefoy Vanessa $245,000 None Available
Vanessa Puftefoy $245,000 None Listed On Document
Shay Dorothy T -- None Available
Shay Dorothy T $150,000 --
Harris Kirk R $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanessa Puftefoy $218,500
Closed Vanessa Puftefoy $218,500
Previous Owner Shay Dorothy T $135,600
Previous Owner Shay Dorothy T $153,000
Previous Owner Harris Kirk R $112,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $245,000 +11.4% $223 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $220,000 -- $200 / 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 $2,537 $293,577 $55,000 $238,577
2024 $2,463 $293,577 $55,000 $238,577
2023 $2,343 $293,577 $55,000 $238,577
2022 $1,716 $153,988 $35,000 $118,988
2021 $1,731 $153,988 $35,000 $118,988
2020 $1,747 $153,988 $35,000 $118,988
2019 $1,755 $153,988 $35,000 $118,988
2018 $0 $153,988 $35,000 $118,988
2017 $1,609 $153,988 $35,000 $118,988
2016 $1,609 $150,340 $30,000 $120,340
2015 $868 $150,340 $30,000 $120,340
2014 $793 $150,340 $30,000 $120,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1030633

Triad MLS

APN: 168822