NOT LISTED FOR SALE

4723 Forest Lake Dr Mebane, NC 27302

Estimated Value: $499,939 - $584,000

4 Beds
2.5 Baths
2,136 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $475,000 $222 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,006/month

38 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Detached Garage
  • Attic
  • Screened Porch
  • Built-In Features

About This Home

As of August 2023

Highly sought-after Forest Lake Drive property! Location, indeed. NOT included in the listed square footage is a large (819 sq ft) guest/mother-in-law suite over the garage with full bath, separate entrance and heating/cooling system (so there's over 3,000 sq ft living area in this home!). Spacious entry and a large living room to entertain. Separate dining room and separate laundry (with cabinets and sink). In addition, there's a fantastic den with a gas-log fireplace and built-ins on main level to relax in style. A large, screened porch to sit and enjoy the property under the tree canopy. Plenty of shade on those hot days. Planned landscaping and plenty of space to call your own with over 1.3 acres within this highly enjoyable and walkable subdivision. Just outside the city limits too, but still within biking/walking distance to downtown. Don't miss out on this one as these well-built properties do not come available often! Showings start on June 9th.

Last Agent to Sell the Property

Kurt Pearson

Keep The Green Realty License #194795 Listed on: 06/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • 1972

Lot Details

  • 1.34 Acre Lot
  • Landscaped
  • Irregular Lot
  • Zoning described as R-20

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • 1 Fireplace
  • Insulated Windows
  • Screened Porch
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 165854

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.34
  • Directions: From downtown, W Carr Street to Forest Lake Drive, right on Forest Lake Drive and house on right. From Interstate, take new 119 bypass, right on W Stagecoach, right on Woodlawn Drive, right on Forest Lake Drive, and house on left.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Luxury Vinyl, Other, Wood
  • Interior Amenities: Attic, Built-in Features, Central Vacuum, Other, Pull Down Attic Stairs
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Screened

Garage/Parking

  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Size Sq Ft: 58327.0
  • Parcel #: 165854
  • Zoning Description: R-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Aug 17, 2023
Sold by
Snyder Mark A and Snyder Ashley L
Bought by
Welch Lisa Porterfield and Mallett Heidi Elizabeth
Seller's Agent
Kurt Pearson
Keep The Green Realty
List Price
$540,000
Sold Price
$475,000
Premium/Discount to List
-$65,000
-12.04%
Views
329
Current Estimated Value
$534,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,985
Avg. Annual Appreciation
5.43%
Original Mortgage
$380,000
Outstanding Balance
$367,996
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$166,989
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
Welch Lisa Porterfield $475,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Lisa Porterfield $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $475,000 -12.0% $222 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $540,000 -- $253 / 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 $2,302 $408,187 $78,336 $329,851
2024 $2,200 $408,187 $78,336 $329,851
2023 $2,037 $408,187 $78,336 $329,851
2022 $1,979 $263,660 $74,007 $189,653
2021 $2,005 $263,660 $74,007 $189,653
2020 $2,031 $263,660 $74,007 $189,653
2019 $2,043 $263,660 $74,007 $189,653
2018 $0 $263,660 $74,007 $189,653
2017 $1,806 $263,660 $74,007 $189,653
2016 $1,875 $273,711 $74,007 $199,704
2015 $1,866 $273,711 $74,007 $199,704
2014 $1,729 $273,711 $74,007 $199,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 127696

APN: 165854