RENTED APR 14, 2025

407 Fairway Dr Mebane, NC 27302

Estimated Value: $370,434 - $434,000

4 Beds
3 Baths
1,922 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $342,000 $178 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,322/month

Highlights

  • Bonus Room
  • Fireplace
  • Living Room
  • Home Office
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2025

Modern Comfort in Arrowhead Greens: 4-Bedroom Home with Amenities Galore!

Welcome to this charming 4-bedroom, 3-bathroom rental home located in the desirable Arrowhead Greens community in Mebane, NC. This property offers an open floor plan on the main level, creating a versatile space perfect for daily living and entertaining. The home features a fully fenced backyard with a patio, providing a private outdoor retreat for relaxing or spending time outdoors. A washer and dryer are included for your convenience, making this home move-in ready. Living in Arrowhead Greens means youll enjoy access to great amenities, including a community pool, playground, and walking trails maintained by the neighborhood HOA. Conveniently situated near Tanger Outlets and local dining and shopping options, this home is ideal for those seeking both comfort and convenience. Located in the Alamance County School District, this property offers an excellent location for residents. Contact us today to schedule a viewing and make this beautiful house your next home!

Last Agent to Rent the Property

Chelsea Vanderpool

Weichert, Realtors-Mark Thomas License #313311 Listed on: 01/13/2025

Weichert, Realtors-Mark Thomas

Last Renter's Agent

Chelsea Vanderpool

Keller Williams Central

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Property has a Home Owners Association
  • Arrowhead Greens HOA

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 3/1/25
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Lease Term: 12 Months
  • Available Date: 2025-03-01

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1922.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Levels Two: Yes
  • Room Types Bonus Room: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-03-01
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 1922.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • General Property Information:Living Area3: 1922.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Vinyl
  • Interior Amenities: Kitchen Island, Pantry
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Condo/Co-op/Association

  • Association Name: Arrowhead Greens HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Arrowhead Greens HOA
  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 15, 2021
Sold by
Harrelson Codie L Gross and Harrelson Nicholas James
Bought by
Padmanabhuni Sandeep and Kanumuri Lakshmi Akshata
Seller's Agent
Anthony Hezar
RE/MAX DIAMOND REALTY
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$325,000
Sold Price
$342,000
Premium/Discount to List
$17,000
5.23%
Current Estimated Value
$397,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,359
Avg. Annual Appreciation
3.56%
Original Mortgage
$324,900
Outstanding Balance
$297,797
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$99,562

Purchase Details

Closed on
Jun 10, 2016
Sold by
Dan Ryan Builders-North Carolina Llc
Bought by
Gross Codie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Padmanabhuni Sandeep $347,500 None Available
Gross Codie L $216,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padmanabhuni Sandeep $324,900
Previous Owner Gross Codie L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Rented $2,570 +2.8% --
04/03/2025 04/03/25 Under Contract -- -- --
01/13/2025 01/13/25 For Rent $2,500 0.0% --
11/17/2021 11/17/21 Sold $342,000 +5.2% $201 / Sq Ft View Prior Sale
10/18/2021 10/18/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $325,000 -- $191 / Sq Ft
Source: Doorify MLS

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 $3,370 $390,067 $55,000 $335,067
2024 $3,273 $390,067 $55,000 $335,067
2023 $3,113 $390,067 $55,000 $335,067
2022 $2,315 $207,718 $40,000 $167,718
2021 $2,335 $207,718 $40,000 $167,718
2020 $2,356 $207,718 $40,000 $167,718
2019 $2,368 $207,718 $40,000 $167,718
2018 $0 $207,718 $40,000 $167,718
2017 $2,181 $207,718 $40,000 $167,718
2016 $364 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10070678

Doorify MLS

APN: 172859

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