NOT LISTED FOR SALE

323 W Lake Trail Mebane, NC 27302

Estimated Value: $571,000 - $756,000

5 Beds
2.5 Baths
2,881 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $565,000 $196 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,936/month

1 Day on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • 2 Fireplaces
  • Dock Permitted
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2021

On a private 17 acre lake enjoy canoeing pedal boating kayaking and fishing from your own dock. Custom stone terraces, gardens and large deck complement natural surroundings. Sunroom dining room kitchen provide perfect entertaining space. Wood-ceilinged living room and sunroom have large windows with an open view of the lake. There are 5 bedrooms/2.5 bathrooms and a detached workshop with an upstairs studio. A beautiful lakefront experience.

Last Agent to Sell the Property

Kirsten Wikstrom

Compass -- Chapel Hill - Durham License #303209 Listed on: 06/05/2021

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Brett Bushnell

Compass -- Chapel Hill - Durham License #230600

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1972

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 317 x 53 x 106 x 317 x 264
  • Waterfront

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,881 Sq Ft Home
  • Multi-Level Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Workshop
  • Sun or Florida Room
  • Home Gym
  • Water Views

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Dock Permitted
  • Covered Patio or Porch

Schools

  • E M Yoder Elementary School
  • Woodlawn Middle School
  • Eastern Alamance High School

Utilities

  • Zoned Cooling
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Forest Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Subdivision Name: Forest Lake
  • Above Grade Finished Sq Ft: 2881.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1200.0
  • General Property Information Total Unfinished Area2: 1200.0
  • General Property Information Lot Size Dimensions: 317 x 53 x 106 x 317 x 264
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • Room Types Sunroom: Yes
  • Room Types Workshop2: Yes
  • Levels MultiSplit: Yes
  • Water Source Community Water: Yes
  • Room Types Exercise Room: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 2881.0
  • General Property Information Carport YN: No
  • Lot Water Features Dock Permit Installed: Yes
  • General Property Information Lot Size Square Feet2: 67518.0
  • General Property Information Lot Size Acres: 1.55
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Interior Amenities: Granite Counters
  • Appliances: Dishwasher, Electric Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Water Body Name: Forest Lakes
  • Acres: 1.55
  • Waterfront: Yes
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Floor Furnace, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Alamance - Eastern Alamance
  • Middle Or Junior School: Alamance - Woodlawn

Lot Info

  • Lot Dimensions: 317 x 53 x 106 x 317 x 264
  • Lot Size Sq Ft: 67518.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2397.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Alamance - E M Yoder

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 9, 2021
Sold by
Barber Bradley S and Barber Susan R
Bought by
Beck Charles E and Edwards Regina W
Seller's Agent
Kirsten Wikstrom
Compass -- Chapel Hill - Durham
Buyer's Agent
Brett Bushnell
Compass -- Chapel Hill - Durham
List Price
$535,000
Sold Price
$565,000
Premium/Discount to List
$30,000
5.61%
Current Estimated Value
$690,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,086
Avg. Annual Appreciation
4.76%
Original Mortgage
$508,500
Outstanding Balance
$461,385
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,701
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
Beck Charles E $565,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Charles E $508,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $565,000 -- --
07/13/2021 07/13/21 Sold $565,000 +5.6% $196 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $535,000 -- $186 / Sq Ft
Source: Doorify MLS

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 $3,677 $651,977 $120,844 $531,133
2024 $3,514 $651,977 $120,844 $531,133
2023 $3,257 $651,977 $120,844 $531,133
2022 $2,336 $310,931 $114,170 $196,761
2021 $1,881 $310,931 $114,170 $196,761
2020 $2,398 $310,931 $114,170 $196,761
2019 $2,410 $310,931 $114,170 $196,761
2018 $0 $310,931 $114,170 $196,761
2017 $2,130 $310,931 $114,170 $196,761
2016 $2,041 $297,888 $114,170 $183,718
2015 $2,030 $297,888 $114,170 $183,718
2014 $1,882 $297,888 $114,170 $183,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2387747

Doorify MLS

APN: 165661