NOT LISTED FOR SALE

373 W Lake Trail Mebane, NC 27302

Estimated Value: $761,000 - $1,109,886

4 Beds
3.5 Baths
7,400 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $875,000 $118 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,634/month

3 Days on Market

Highlights

  • Dining Room with Fireplace
  • Wood Flooring
  • No HOA
  • Freestanding Bathtub
  • Attic
  • Circular Driveway

About This Home

As of September 2021

Lakefront classic in convenient Mebane location. Just upgraded with interior repainting, HW floors and stairs refinished, primary bath upgrades with new tile shower, freestanding tub and quartzite countertops, new carpet 2nd level, dog wash in laundry room, partial laminate flooring in basement, some new lighting and plumbing fixtures. Features include huge front and rear covered porches, 10' and cathedral ceilings main level, front and rear stairs to second level, 3 fireplaces, central vacuum, den/office with partial wood paneling and bookshelves, second level bonus room, walk up floored attic storage, finished basement with bedroom, bath, flex room, family/rec room and full kitchen, attached 2 car garage, detached workshop with roll up door, front circular drive, extensive landscaping with mature trees, irrigation system, stunning views of lake change with the seasons and the time of day.

Last Agent to Sell the Property

Perkins Curtis F

PERKINS & ASSOCIATES License #81234 Listed on: 08/17/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 2000

Lot Details

  • 1.32 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Interior Spaces

  • 7,021 Sq Ft Home
  • 6,300-7,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Permanent Attic Stairs

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Freestanding Bathtub
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Forest Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 165669
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,297

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.32
  • Subdivision Name: Forest Lake
  • Directions: North on Wilba from Hwy 70, left on W Carr St, left on Forest Lake Dr, right on W Lake Trail, house on right
  • Above Grade Finished Sq Ft: 7021
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 2300 - 2800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6300 - 7400
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Freestanding Tub, Pantry, Separate Shower, Central Vacuum
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Dining Room, Great Room
  • Fireplaces: 3
  • Living Area: 7021
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage, Floored Attic, Permanent Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Sprinkler System
  • Pool Features: None
  • Construction Type: Cement Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Circular Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 165669
  • Zoning: Residential
  • TRIADMLS_PlatPage: 102
  • TRIADMLS_PlatBook: 060
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 5297
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 2, 2021
Sold by
Perkins Kristopher T and Perkins Marsha M
Bought by
Gruhn Michael T and Gruhn Janet L
Seller's Agent
Perkins Curtis F
PERKINS & ASSOCIATES
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$875,000
Current Estimated Value
$982,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,295
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Jul 19, 2019
Sold by
Jones Gerald L and Jones Martha A
Bought by
Perkins Kristopher T and Perkins Marsha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
3.82%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gruhn Michael T $875,000 None Available
Perkins Kristopher T $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Kristopher T $552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $875,000 -- $139 / Sq Ft
Source: Triad 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 $5,605 $993,708 $152,436 $841,272
2024 $5,356 $993,708 $152,436 $841,272
2023 $4,963 $993,708 $152,436 $841,272
2022 $5,161 $686,969 $144,007 $542,962
2021 $5,229 $686,969 $144,007 $542,962
2020 $5,297 $686,969 $144,007 $542,962
2019 $5,324 $686,969 $144,007 $542,962
2018 $0 $686,969 $144,007 $542,962
2017 $4,673 $686,969 $144,007 $542,962
2016 $4,595 $670,742 $144,007 $526,735
2015 $4,572 $670,742 $144,007 $526,735
2014 $4,238 $670,742 $144,007 $526,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1038745

Triad MLS

APN: 165669