NOT LISTED FOR SALE

218 E Drake Ln Mebane, NC 27302

Estimated Value: $278,000 - $324,000

3 Beds
2 Baths
1,300 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

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

Est. 25% increase in value since last sale

Current estimated payment $1,861 / mo

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

  • 13,939 Sq Ft 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

0.32 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
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
$306,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,152
Avg. Annual Appreciation
4.69%
Original Mortgage
$218,500
Outstanding Balance
$198,773
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$107,379

Purchase Details

Closed on
Jan 24, 2019
Sold by
Bought by

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
Bought by

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
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 None Available
$245,000 None Listed On Document
-- None Available
$150,000 --
$141,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $218,500
Closed $218,500
Previous Owner $135,600
Previous Owner $153,000
Previous Owner $112,760
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Triad MLS

MLS Number: 1030633

Triad MLS

APN: 168822

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