NOT LISTED FOR SALE

388 W Lake Trail Mebane, NC 27302

Estimated Value: $916,158

6 Beds
5.5 Baths
1,319 Sq Ft
$695/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $527,000 $400 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,245/month

180 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Attic
  • Deck
  • Hydromassage or Jetted Bathtub
  • 1 Fireplace

About This Home

As of March 2018

Awesome Home W/Open Floor Plan! Lots Of Hardwood, Huge Deck, Screened Porch Overlooking Pool. Master & Br#1 On First Floor. Beautiful Kitchen & Breakfast Room, Formal Dining & Soaring Family Room! 3Rd & 4Th Br's & Bonus On Second Floor As Well As 2Nd Laundry. Basement W/5Th, Poss 6Th Br, Office, Play Area, Flex Rms, Lots Of Options, Need To See, Gorgeous Custom Hm All On 1+Ac Lot!

Last Agent to Sell the Property

Mickey Tripp

Re/MaxDiamond Realty License #163204 Listed on: 08/21/2017

Re/MaxDiamond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,116

Year Built

  • 1999

Lot Details

  • 1.2 Acre Lot
  • Fenced Yard
  • Landscaped
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,319 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Insulated Windows
  • Screened Porch
  • Pull Down Stairs to Attic
  • Dryer
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9815676229

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,116

Year Built

1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Lot Size: 52272
  • Directions: I-85/40, Exit 153, L On 119N Through Town, L On Stagecoach, L On W Forest Lake Dr, House On Right
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space, Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Wet Bar, Jetted Tub, Kitchen Island, Other, Pull Down Attic Stairs
  • Living Area: 1319.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Pool Features: In Ground
  • Construction Type: Brick
  • Exterior Features: Fence
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities

Lot Info

  • Parcel #: 9815676229
  • Zoning Description: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Apple Joseph and Apple Lisa
Bought by
Laughinghouse Deidre Jones and Laughinghouse Willie Earl
Current Estimated Value
$916,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,600
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2013
Closed on
Jun 5, 2015
Sold by
Littell Michael E
Bought by
Apple Joseph
Seller's Agent
Marlo Countiss
Re/MaxDiamond Realty
Buyer's Agent
Mickey Tripp
Re/MaxDiamond Realty
List Price
$565,000
Sold Price
$390,000
Premium/Discount to List
-$175,000
-30.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$312,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1998
Bought by
Littell Michael E and Littell Allister S
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
Laughinghouse Deidre Jones $527,000 Attorney
Apple Joseph $390,000 --
Littell Michael E $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laughinghouse Deidre Jones $421,600
Previous Owner Apple Joseph $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2018 03/19/18 Sold $527,000 -6.7% $400 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
08/21/2017 08/21/17 For Sale $564,900 +44.8% $428 / Sq Ft
06/10/2015 06/10/15 Sold $390,000 -31.0% $262 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
09/29/2013 09/29/13 For Sale $565,000 -- $380 / 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 $5,116 $907,077 $75,173 $831,904
2024 $4,889 $907,077 $75,173 $831,904
2023 $4,531 $907,077 $75,173 $831,904
2022 $3,942 $524,767 $71,015 $453,752
2021 $3,994 $524,767 $71,015 $453,752
2020 $4,047 $524,767 $71,015 $453,752
2019 $4,067 $524,767 $71,015 $453,752
2018 $0 $524,767 $71,015 $453,752
2017 $3,577 $524,767 $71,015 $453,752
2016 $4,039 $589,668 $71,015 $518,653
2015 $4,019 $589,668 $71,015 $518,653
2014 -- $589,668 $71,015 $518,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 96864

APN: 165468