NOT LISTED FOR SALE

324 W Lake Trail Mebane, NC 27302

Estimated Value: $536,083 - $579,000

4 Beds
2.5 Baths
2,676 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $522,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,195/month

48 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Garage
  • Attic
  • Granite Countertops
  • Porch

About This Home

As of June 2022

Beautiful well-kept colonial style home located in the exquisite Forest Lake area of Mebane! This stately home offers 4 large bedrooms 21/2 baths. The lovely foyer welcomes your guest, large den offers cozy comfort with gas log fireplace, living room & dining room allows for ample room for guest or growing family. Wonderful, updated kitchen with can lights, tilework, granite countertops, stainless-steel appliances & a breakfast area. Mud room off the garage is a great place to unload backpacks and shoes. Ex-large laundry room (15x7) with a built-in desk & tons of cabinets allows plenty of room for laundry & more! Ascending the gorgeous staircase, you will find the owner's suite with 2 closets a tv & safe nook (safe conveys!) & 3 additional large bedrooms. HVAC units are new (February 2021/March 2022), under the house: new insulation & new ductwork. 2 car detached garage (25x30) gives room for extra vehicles &/or makes a great workshop w/ permanent stairs up to large storage loft.

Last Agent to Sell the Property

Donna Bowers

A+ Appraisal Service License #245470 Listed on: 03/16/2022

Co-Listed By

Mary Porter

A+ Appraisal Service License #195684

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • 1972

Lot Details

  • 1.3 Acre Lot
  • Landscaped
  • Rectangular Lot

Parking

  • Garage

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Washer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 165455

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Co List Office Phone: 336-229-5526
  • Directions: North on Wilba Rd from Hwy 70, left on W Carr St, left on Forest Lake Dr, right on W Lake Trail, house on the left.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Granite Counters, Other, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Cement Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Attached, Detached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 56628.0
  • Parcel #: 165455
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jun 8, 2022
Sold by
Smith Jr Jessie L and Smith Deborah A
Bought by
Whitley Tyler Miles and Leckie Rachelle
Seller's Agent
Donna Bowers
A+ Appraisal Service
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$499,900
Sold Price
$522,000
Premium/Discount to List
$22,100
4.42%
Current Estimated Value
$562,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,021
Avg. Annual Appreciation
2.21%
Original Mortgage
$443,700
Outstanding Balance
$421,514
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$140,507
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
Whitley Tyler Miles $522,000 Shoaf Law Firm Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley Tyler Miles $443,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $522,000 +4.4% $195 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $499,900 -- $187 / 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 $2,855 $506,120 $77,263 $428,857
2024 $2,728 $506,120 $77,263 $428,857
2023 $2,528 $506,120 $77,263 $428,857
2022 $1,928 $256,678 $72,992 $183,686
2021 $1,954 $256,678 $72,992 $183,686
2020 $1,979 $256,678 $72,992 $183,686
2019 $1,989 $256,678 $72,992 $183,686
2018 $0 $256,678 $72,992 $183,686
2017 $1,758 $256,678 $72,992 $183,686
2016 $1,801 $262,920 $72,992 $189,928
2015 $1,792 $262,920 $72,992 $189,928
2014 -- $262,920 $72,992 $189,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 122593

APN: 165455