NOT LISTED FOR SALE

2571 Farrell Rd Mebane, NC 27302

Estimated Value: $342,000 - $384,000

3 Beds
2 Baths
1,625 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2022

Last sale price $302,500 $186 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,093 / mo

6 Days on Market

Highlights

  • New Construction
  • 1.03 Acre Lot
  • Porch
  • Hawfields Middle School Rated 9+
  • No HOA
  • Central Air

About This Home

As of February 2022

Highest & Best Offers Requested! Beautiful NEW CONSTRUCTION 3 Bed/2 Bath 4-sided brick home ideally situated on a spacious 1+ acre cul-de-sac lot in an established neighborhood and in a desirable Mebane location. Open concept floor plan w/ 1,625 sf per building floor plan. Spacious Eat-In Kitchen w/ upgraded cabinets, GRANITE counters, stainless steel appliances & island. Large Living Room. Spacious Owners Suite features large walk-in closet & dual vanity. Wood-look LVP flooring in living area & carpet in bedrooms. Rocking chair front porch & back deck great for outdoor enjoyment. Welcome Home to your beautiful new dream home! Hurry...this one won’t last long! See Agent Only Remarks

Last Agent to Sell the Property

Adam Kensky

Royalcrest Realty LLC License #216859 Listed on: 11/15/2021

Last Buyer's Agent

Jairus Walker

Walker Realty Group LLC License #288635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $308

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.03

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 1.03 Acre Lot

Community Details

  • No Home Owners Association
  • Margarets Meadow Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 159747
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$308

Year Built

Built in 2021 | New Construction

Lot Details

1.03 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: see plat
  • Subdivision Name: Margarets Meadow
  • Directions: From I-40/85 take Exit 153 to Hwy 119 South. Left on Turner Road. Right on Farrell Road. Home at end on right.
  • Above Grade Finished Sq Ft: 1625
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1625
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 159747
  • Zoning: Res
  • TRIADMLS_PlatPage: 377
  • TRIADMLS_PlatBook: 66

Tax Info

  • Tax Annual Amount: 308.3
  • Tax Lot: 18
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 10, 2022
Sold by
Royalcrest Builders Llc
Bought by
Gentry Patricia and Knight Danny
Seller's Agent
Adam Kensky
Royalcrest Realty LLC
Buyer's Agent
Jairus Walker
Walker Realty Group LLC
List Price
$295,000
Sold Price
$302,500
Premium/Discount to List
$7,500
2.54%
Current Estimated Value
$360,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,417
Avg. Annual Appreciation
4.36%
Original Mortgage
$293,425
Outstanding Balance
$276,859
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$84,058
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gentry Patricia $302,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Patricia $293,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $302,500 +2.5% $186 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $295,000 -- $182 / Sq Ft
Source: Triad MLS

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 $2,006 $355,704 $55,614 $300,090
2024 $1,917 $355,704 $55,614 $300,090
2023 $1,777 $355,704 $55,614 $300,090
2022 $1,282 $170,615 $40,300 $130,315
2021 $307 $40,300 $40,300 $0
2020 $311 $40,300 $40,300 $0
2019 $312 $40,300 $40,300 $0
2018 $0 $40,300 $40,300 $0
2017 $270 $40,300 $40,300 $0
2016 $230 $34,300 $34,300 $0
2015 $229 $34,300 $34,300 $0
2014 -- $34,300 $34,300 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Kensky

    Royalcrest Realty LLC

    (336) 587-2954

    5 in this area

    140 Total Sales

    Adam Kensky
    Section Image
  • Jairus Walker

    Buyer's Agent in 2022

    Jairus Walker

    Walker Realty Group LLC

    (919) 622-5295

    1 in this area

    39 Total Sales

    Jairus Walker
    Section Image
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Map

Source: Triad MLS

MLS Number: 1049572

Triad MLS

APN: 159747

North Carolina Alamance County Mebane 27302

2571 Farrell Rd, Mebane, NC

Not Listed for Sale

Detached

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