NOT LISTED FOR SALE

408 S Third St Mebane, NC 27302

Estimated Value: $371,000 - $454,000

5 Beds
2 Baths
2,306 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $388,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,433/month

17 Days on Market

Highlights

  • Wood Flooring
  • Separate Outdoor Workshop
  • Attached Garage
  • Fenced Yard
  • Porch
  • 5-minute walk to Walker Athletic Complex

About This Home

As of March 2023

Downtown Mebane charmer in the heart of the historic district. Ready for move in, with loads of improvements and updates. Including all new kitchen appliances, new 2nd floor bathroom with walk in shower, roof, siding, tankless water heater, new Trane HVAC unit 2020, yard hydrant, greenhouse, garden area, garden pond, heated mudroom with storage benches. Our home includes a large covered front porch for your rocking chairs, enjoy the workshop & storage w/carport. Loads of flowering plants and shrubs. Mere seconds from downtown, shopping, library & schools. Easy access to I 40/85 and RTP. See agent notes and docs for more.

Last Agent to Sell the Property

Rachel Zamorski

Keller Williams Central License #260479 Listed on: 01/27/2023

Keller Williams Central

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,859

Year Built

  • 1920

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 166012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,859

Year Built

1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Directions: Exit 154 Mebane Oaks Rd. Travel North. Turn right on S Fifth St. Left on E Lee St. Left on S Third. House is on the right.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Other, Pantry

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 14680.0
  • Parcel #: 166012
  • Zoning Description: Res

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 10, 2023
Sold by
Ramsey Crystal Renee and Ramsey Alexandra Joy
Bought by
Hodges Lauren Elizabeth
Seller's Agent
Rachel Zamorski
Keller Williams Central
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$395,000
Sold Price
$388,000
Premium/Discount to List
-$7,000
-1.77%
Views
138
Current Estimated Value
$417,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,369
Avg. Annual Appreciation
2.78%
Original Mortgage
$329,800
Outstanding Balance
$319,371
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$97,998

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 1, 2018
Sold by
Guise Kimberly D
Bought by
Ramsey Crystal Renee and Christiansen Alexandra Joy
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$180,000
Interest Rate
4.5%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Guise R David
Bought by
Guise Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hodges Lauren Elizabeth $388,000 --
Ramsey Crystal Renee $225,000 Attorney
Guise Kimberly D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodges Lauren Elizabeth $329,800
Previous Owner Ramsey Crystal Renee $180,000
Previous Owner Guise Kimberly D $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $388,000 -1.8% $168 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $395,000 +75.6% $171 / Sq Ft
06/08/2018 06/08/18 Sold $225,000 0.0% $98 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $225,000 -- $98 / 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 $2,859 $330,956 $50,000 $280,956
2024 $2,777 $330,956 $50,000 $280,956
2023 $2,641 $330,956 $50,000 $280,956
2022 $1,660 $148,921 $35,000 $113,921
2021 $1,674 $148,921 $35,000 $113,921
2020 $1,689 $148,921 $35,000 $113,921
2019 $1,698 $148,921 $35,000 $113,921
2018 $0 $148,921 $35,000 $113,921
2017 $1,556 $148,921 $35,000 $113,921
2016 $1,510 $141,103 $30,000 $111,103
2015 $814 $141,103 $30,000 $111,103
2014 $744 $141,103 $30,000 $111,103
Source: Public Records

Agents Affiliated with this Home

  • Rachel Zamorski

    Seller's Agent in 2023

    Rachel Zamorski

    Keller Williams Central

    (919) 308-8586

    73 in this area

    259 Total Sales

    Rachel Zamorski
    Section Image
See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 126575

APN: 166012

North Carolina Alamance County Mebane 27302

408 S Third St, Mebane, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed to be reliable, but is not guaranteed.
Copyright 2025 Burlington Alamance County Association of Realtors. All rights reserved.

Nearby Homes