NOT LISTED FOR SALE

408 W Lee St Mebane, NC 27302

Estimated Value: $178,000 - $210,000

2 Beds
1 Bath
807 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $189,900 $235 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,173/month

154 Days on Market

Highlights

  • Transitional Architecture
  • 1-Story Property
  • Private Driveway
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to Walker Athletic Complex

About This Home

As of November 2023

Delightful bungalow with amazing location! Walking distance to downtown Mebane. Renovated with thoughtful touches and tons of character. Spacious kitchen with SS appliances. Flowing floorplan with lots of natural light. Flat, open yard with a carport and shed. Don't miss this one!

Last Agent to Sell the Property

Ben Marshall

Relevate Real Estate Inc. License #296979 Listed on: 05/12/2023

Relevate Real Estate Inc.

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1942

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 142 x 46 x 145 x 53

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Cottage
  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 807 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Private Driveway
  • Unpaved Parking
  • On-Street Parking

Schools

  • S Mebane Elementary School
  • Woodlawn Middle School
  • Eastern Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 807.0
  • Architectural Style: Bungalow, Cottage, Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 142 x 46 x 145 x 53
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Bungalow: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Above Grade Finished Area: 807.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 6795.36
  • General Property Information Lot Size Acres: 0.156
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.16
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Driveway, On Street, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Alamance - Eastern Alamance
  • Middle Or Junior School: Alamance - Woodlawn

Lot Info

  • Lot Dimensions: 142 x 46 x 145 x 53
  • Lot Size Sq Ft: 6795.36
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 781.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Alamance - S Mebane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Nov 13, 2023
Sold by
Luna Cat Llc
Bought by
Diaz Eduardo and Carbajal-Cruz Karla
Seller's Agent
Ben Marshall
Relevate Real Estate Inc.
Buyer's Agent
Non Member
Non Member Office
List Price
$197,000
Sold Price
$189,900
Premium/Discount to List
-$7,100
-3.6%
Views
168
Current Estimated Value
$199,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,425
Avg. Annual Appreciation
2.52%
Original Mortgage
$196,166
Outstanding Balance
$192,737
Interest Rate
7.49%
Mortgage Type
VA
Estimated Equity
$6,588

Purchase Details

Closed on
Feb 13, 2023
Sold by
Murphy James Larry and Murphy Daphne
Bought by
Green Street Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2023
Sold by
Green Street Home Buyers Llc
Bought by
Luna Cat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Murphy James Larry
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
Diaz Eduardo $190,000 None Listed On Document
Diaz Eduardo $190,000 None Listed On Document
Green Street Home Buyers Llc $25,000 --
Green Street Home Buyers Llc $25,000 None Listed On Document
Luna Cat Llc $89,000 Tryon Title
Luna Cat Llc $89,000 Tryon Title
Murphy James Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Eduardo $196,166
Closed Diaz Eduardo $196,166
Previous Owner Luna Cat Llc $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $189,900 -- --
11/15/2023 11/15/23 Sold $189,900 0.0% $235 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $189,900 -3.6% $235 / Sq Ft
09/22/2023 09/22/23 For Sale $197,000 0.0% $244 / Sq Ft
09/22/2023 09/22/23 Price Changed $197,000 +3.7% $244 / Sq Ft
06/06/2023 06/06/23 Off Market $189,900 -- --
06/06/2023 06/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $195,000 0.0% $242 / Sq Ft
06/01/2023 06/01/23 Price Changed $195,000 +2.7% $242 / Sq Ft
05/14/2023 05/14/23 Off Market $189,900 -- --
05/14/2023 05/14/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $199,000 -- $247 / Sq Ft
Source: Doorify 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 $1,488 $172,234 $50,000 $122,234
2024 $1,445 $172,234 $50,000 $122,234
2023 $1,030 $129,062 $50,000 $79,062
2022 $781 $70,051 $35,000 $35,051
2021 $784 $70,051 $35,000 $35,051
2020 $795 $70,051 $35,000 $35,051
2019 $799 $70,051 $35,000 $35,051
2018 $0 $70,051 $35,000 $35,051
2017 $736 $70,051 $35,000 $35,051
2016 $691 $64,581 $22,500 $42,081
2015 $373 $64,581 $22,500 $42,081
2014 $341 $64,581 $22,500 $42,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2510450

Doorify MLS

APN: 165812