NOT LISTED FOR SALE

225 Lake Latham Rd Mebane, NC 27302

Estimated Value: $162,000 - $215,445

3 Beds
1 Bath
888 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $72,000 $81 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,159/month

120 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Rectangular Lot
  • Cooling Available
  • Outdoor Storage
  • Heating System Uses Propane

About This Home

As of June 2015

3 Bed, 1 Bath Ranch On 1 Acre. Solid Concrete Block Construction With Brick Exterior. Covered Patio Side Entry Into Large Eat-In Kitchen. Orange-Alamance Water; Septic. 2 Storage Buildings Will Convey (Seller To Take One Of 3 Total Storage Buildings). Great Location Right Off Nc-70, Convenient To Mebane And Burlington.

Last Agent to Sell the Property

Cindy Dudley

Keller Williams Central License #236733 Listed on: 01/26/2015

Keller Williams Central

Last Buyer's Agent

Katherine Burkholder

Re/MaxDiamond Realty License #282271

Re/MaxDiamond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • 1964

Lot Details

  • 1 Acre Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 9815132795

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 43560
  • Directions: Nc 70 E Out Of Burlington Through Haw River. Turn Right On Lake Latham Road, Cross Railroad Tracks. House Will Be On Right Hand Side #225.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1964
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick
  • Other Structures: Storage
  • Patio And Porch Features: Patio

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 9815132795
  • Zoning Description: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jun 22, 2015
Sold by
220 Cypress Pointe Llc
Bought by
Mcgilvray Cynthia
Seller's Agent
Cindy Dudley
Keller Williams Central
Buyer's Agent
Katherine Burkholder
Re/MaxDiamond Realty
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Current Estimated Value
$200,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,270
Avg. Annual Appreciation
10.76%
Original Mortgage
$72,000
Outstanding Balance
$57,034
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$145,792

Purchase Details

Closed on
Aug 27, 2007
Sold by
Black Lucille S
Bought by
Dail Dail And Dail Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.65%
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
Mcgilvray Cynthia $72,000 --
Dail Dail And Dail Llc $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgilvray Cynthia $4,252
Open Mcgilvray Cynthia $72,000
Previous Owner 220 Cypress Pointe Llc $61,000
Previous Owner Dail Dail And Dail Llc $66,400
Previous Owner Black Lucille Sigmon $17,411
Previous Owner Black Lucille S $13,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $72,000 -19.9% $81 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $89,900 -- $101 / 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
2024 $751 $139,371 $56,990 $82,381
2023 $696 $139,371 $56,990 $82,381
2022 $583 $77,644 $34,650 $42,994
2021 $591 $77,644 $34,650 $42,994
2020 $599 $77,644 $34,650 $42,994
2019 $602 $77,644 $34,650 $42,994
2018 $0 $76,536 $34,650 $41,886
2017 $524 $76,536 $34,650 $41,886
2016 $615 $89,783 $34,650 $55,133
2015 $619 $90,841 $34,650 $56,191
2014 -- $90,841 $34,650 $56,191
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindy Dudley

    Keller Williams Central

    (336) 214-7201

    151 Total Sales

    Section Image
  • Katherine Burkholder

    Buyer's Agent in 2015

    Katherine Burkholder

    RE/MAX

    (336) 689-5725

    96 Total Sales

    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 85984

APN: 164826

North Carolina Alamance County Mebane 27302

225 Lake Latham Rd, Mebane, NC

This home is located at 225 Lake Latham Rd, Mebane, NC 27302 since 26 January 2015 and is currently estimated at $197,111, approximately $221 per square foot. This property was built in 1964. 225 Lake Latham Rd is a home located in Alamance County with nearby schools including South Mebane Elementary School, Woodlawn Middle School, and Eastern Alamance High School.

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