NOT LISTED FOR SALE

308 W Lake Trail Mebane, NC 27302

Estimated Value: $479,000 - $564,000

3 Beds
2.5 Baths
2,219 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $329,000 $148 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,967/month

58 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Cooling Available
  • Wood Flooring
  • Attached Garage
  • Garden

About This Home

As of May 2020

Beautiful one level brick home in Mebane's upscale Forest Lake neighborhood. Sited on a large 1.5 acre corner lot. Mebane address without city taxes!!! Home features a formal living & dining, large kitchen with breakfast area and window seat, spacious family room with fireplace, warm sunroom, large master with double vanities. 2 car garage. Home has MANY extra closets for storage. Large rear deck (16 x 26) for entertaining.

Last Agent to Sell the Property

Sandy Fielding

Keller Williams Central License #159296 Listed on: 01/23/2020

Keller Williams Central

Last Buyer's Agent

Lisa Wittig

Allen Tate/Burlington License #224927

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,773

Year Built

  • 1976

Lot Details

  • 1.51 Acre Lot
  • Landscaped
  • Rectangular Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9815667381

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,773

Year Built

1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.51
  • Directions: From I85/40, take exit 153. Follow signs for Highway 119 N. Hwy 119 N becomes N Fifth Street. Remain on N Fifth Street through Mebane until it ends at Stagecoach Road. Turn left on Stagecoach Road. Turn left on W Lake Trail.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Lot Size Sq Ft: 65776.0
  • Parcel #: 9815667381
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Apr 29, 2020
Sold by
Beckner Betty Kline
Bought by
Phillips Adrian
Seller's Agent
Sandy Fielding
Keller Williams Central
Buyer's Agent
Lisa Wittig
Allen Tate/Burlington
List Price
$349,900
Sold Price
$329,000
Premium/Discount to List
-$20,900
-5.97%
Current Estimated Value
$520,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,121
Avg. Annual Appreciation
8.72%
Original Mortgage
$260,000
Outstanding Balance
$231,677
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$288,444

Purchase Details

Closed on
Jun 28, 2010
Sold by
Seagroves Brian Keith
Bought by
Beckner Betty

Purchase Details

Closed on
Aug 24, 2004
Sold by
Sanford Ronnie
Bought by
Seagraves Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
5.91%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Phillips Adrian $329,000 None Available
Beckner Betty $252,000 --
Seagraves Brian $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Adrian $260,000
Previous Owner Seagraves Brian $245,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $329,000 -6.0% $148 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $349,900 -- $158 / 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
2025 $2,773 $491,629 $88,585 $403,044
2024 $2,650 $491,629 $88,585 $403,044
2023 $2,456 $491,629 $88,585 $403,044
2022 $1,983 $263,930 $83,702 $180,228
2021 $2,009 $263,930 $83,702 $180,228
2020 $2,035 $263,930 $83,702 $180,228
2019 $2,045 $263,930 $83,702 $180,228
2018 $0 $263,930 $83,702 $180,228
2017 $1,808 $263,930 $83,702 $180,228
2016 $1,825 $266,365 $83,702 $182,663
2015 $1,815 $266,365 $83,702 $182,663
2014 -- $266,365 $83,702 $182,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 106583

APN: 165454