NOT LISTED FOR SALE

3197 Cascade Dr Burlington, NC 27217

Estimated Value: $553,000 - $641,000

3 Beds
2.5 Baths
-- Sq Ft
1.11 Acres

Last Sold October 27, 2021

Last sale price $522,202

Est. 16% increase in value since last sale

Current estimated payment $3,466/month

2 Days on Market

Highlights

  • 1.11 Acre Lot
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Granite Countertops
  • Cooling Available

About This Home

As of October 2021

This beautiful new construction features engineered hardwoods throughout living areas, Open kitchen/dining/Living space. Granite countertops and tile backsplash in kitchen. The first floor master leads to a master bath with dual vanities, tile flooring and a huge master closet. Two spacious bedrooms and a huge game room/bonus on the second level. Cascade Meadows offers homeowners a peaceful country setting while being conveniently located to downtown Mebane, grocery stores and easy access to 85/40 and new 119 bypass. NO HOA Dues! ** Estimated to be complete by Early Oct 2021**

Last Agent to Sell the Property

Laci Warren

Re/MaxDiamond Realty License #258488 Listed on: 07/14/2021

Re/MaxDiamond Realty

Co-Listed By

Ken Walker

Re/MaxDiamond Realty License #227812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,398

Year Built

  • 2021

Lot Details

  • 1.11 Acre Lot
  • Landscaped
  • Irregular Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 172495

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,398

Year Built

2021

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Co List Office Phone: 919-563-4141
  • Directions: From Mebane, Take Hwy 70 West to Right on Dodson Rd. Left onto Mebane Rogers, Right on Johnson Rd, Left on Dickey Mill, Left into Cascade Meadows, Home is to left in Cul de sac
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • 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: Granite Counters, Kitchen Island, Other, Pantry

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Home Warranty: Yes
  • Construction Type: Brick, Cement Siding

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 48352.0
  • Parcel #: 172495
  • Zoning Description: residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 5, 2021
Sold by
Cimarron Capital Inc
Bought by
Pena Steven and Pena Molly
Seller's Agent
Laci Warren
Re/MaxDiamond Realty
List Price
$510,140
Sold Price
$522,202
Premium/Discount to List
$12,062
2.36%
Current Estimated Value
$604,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,841
Avg. Annual Appreciation
3.64%
Original Mortgage
$494,000
Outstanding Balance
$450,482
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$153,561

Purchase Details

Closed on
May 24, 2021
Sold by
Cascade Meadows Llc
Bought by
Cimarron Capital Inc
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
Pena Steven $522,500 Sourcepoint
Cimarron Capital Inc $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Steven $494,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Off Market $522,202 -- --
10/27/2021 10/27/21 Sold $522,202 +2.4% --
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $510,140 -- --
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 $3,398 $571,980 $36,990 $534,990
2024 $3,157 $571,980 $36,990 $534,990
2023 $2,931 $571,980 $36,990 $534,990
2022 $2,476 $323,296 $35,968 $287,328
2021 $272 $35,968 $35,968 $0
2020 $276 $35,968 $35,968 $0
2019 $277 $35,968 $35,968 $0
2018 $0 $35,968 $35,968 $0
2017 $245 $35,968 $35,968 $0
2016 $149 $21,965 $21,965 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 119084

APN: 172495