NOT LISTED FOR SALE

401 Mattress Factory Rd Mebane, NC 27302

Cheeks Neighborhood

Estimated Value: $99,000 - $221,000

2 Beds
1 Bath
728 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $34,000 $47 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $931/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Outdoor Storage
  • Wall Furnace
  • Cooling Available
  • Carpet
  • 1-Story Property

About This Home

As of January 2019

Located In Mebane, No City Taxes. Great Rental Investment Property, 2 Bedroom 1 Bath Rented For $650.00 A Month. Home Needs Cosmetic Repairs, Has Upgraded Windows, Electrical And Plumbing Priced To Accommodate Repairs Needed. Home Is Being Sold As In Where Is. Owner Is Licensed Realtor

Last Agent to Sell the Property

Default Firm Record

Above & Beyond Realty LLC Listed on: 01/11/2019

Last Buyer's Agent

Scott Cobb

Above & Beyond Realty LLC License #281588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • 1941

Lot Details

  • 0.46 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling Available
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9825604970000

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 18731
  • Directions: 185/40 To Exit 157 Buckhorn Rd. At Top Of Ramp, Go North Toward Hwy 70, Left On Washington St.Just Before Rr, Left On Mattress Factory, Home Is On The Right.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1941
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Other
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Patio And Porch Features: Covered

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Parcel #: 9825604970000
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 23, 2019
Sold by
Lee Renee T
Bought by
Hendricks Kenneth Bryan and Hendricks Maricel Orbe
Seller's Agent
Default Firm Record
Above & Beyond Realty LLC
Buyer's Agent
Scott Cobb
Above & Beyond Realty LLC
List Price
$55,000
Sold Price
$34,000
Premium/Discount to List
-$21,000
-38.18%
Current Estimated Value
$157,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,136
Avg. Annual Appreciation
26.10%

Purchase Details

Closed on
Nov 6, 2018
Sold by
Lee Jonathan B
Bought by
Lee Renee T

Purchase Details

Closed on
Oct 4, 2002
Sold by
Andrews James G and Andrews Shannon S
Bought by
Lee Jonathan B and Lee Renee T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.27%

Purchase Details

Closed on
Jun 26, 2001
Sold by
Parker Ervin Lee and Parker Laverriel R
Bought by
Andrews James G and Andrews Shannon S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hendricks Kenneth Bryan $34,000 None Available
Lee Renee T -- None Available
Lee Jonathan B $50,000 --
Andrews James G $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jonathan B $58,000
Previous Owner Lee Jonathan B $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $34,000 -38.2% $47 / Sq Ft
01/11/2019 01/11/19 For Sale $55,000 -- $76 / 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
2024 $896 $78,500 $30,000 $48,500
2023 $878 $78,500 $30,000 $48,500
2022 $859 $78,500 $30,000 $48,500
2021 $656 $57,700 $30,000 $27,700
2020 $813 $71,700 $20,000 $51,700
2018 $790 $71,700 $20,000 $51,700
2017 $734 $71,700 $20,000 $51,700
2016 $734 $66,095 $22,313 $43,782
2015 $734 $66,095 $22,313 $43,782
2014 $714 $66,095 $22,313 $43,782
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Default Firm Record

    RE/MAX

  • S

    Buyer's Agent in 2019

    Scott Cobb

    RE/MAX

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 102117

APN: 9825604970

North Carolina Orange County Mebane 27302 Cheeks

401 Mattress Factory Rd, Mebane, NC

This home is located at 401 Mattress Factory Rd, Mebane, NC 27302 since 11 January 2019 and is currently estimated at $157,136, approximately $215 per square foot. This property was built in 1941. 401 Mattress Factory Rd is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Bradford Academy.

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