NOT LISTED FOR SALE

4734 Forest Lake Dr Mebane, NC 27302

Estimated Value: $601,000 - $749,000

4 Beds
4 Baths
644 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $392,000 $609 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,790/month

26 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Wood Flooring
  • 3.2 Acre Lot
  • Deck
  • 2 Fireplaces

About This Home

As of April 2020

Custom built lake front estate sitting on 3.2 acres in the distinguished Forest Lake subdivision. Views of the lake are exceptionally beautiful from the second story deck, overlooking the backyard of mature trees. Impeccably maintained, featuring 4 bedrooms, 3 full baths, and finished basement with full bath. Custom details and superior craftsmanship welcome you at every turn. Walking distance to downtown Mebane, numerous restaurants and shops. City living without city taxes!

Last Agent to Sell the Property

Elizabeth Williams

Keller Williams Central License #303868 Listed on: 01/24/2020

Last Buyer's Agent

Deena Anibal

NorthGroup Real Estate, Inc. License #274845

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,128

Year Built

  • 1957

Lot Details

  • 3.2 Acre Lot
  • Lot Dimensions are 488x474x53x605
  • Irregular Lot

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 644 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • 2 Fireplaces
  • Water Views
  • Basement

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 9815873008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,128

Year Built

1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.2
  • Lot Size: 488x474x53x605
  • Directions: From I40/85 take Exit 157; Right on Buckhorn Rd.; left onto Hwy 70; Right onto N Wilba Rd.; Left onto W Carr St.; Right onto Forest Lake Dr.; Home will be on your left
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 644.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 644.0
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Other
  • Living Area: 644.0

Exterior Features

  • Lot Features: Irregular Lot
  • View: Water
  • View: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 139392.0
  • Parcel #: 9815873008
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Apr 14, 2020
Sold by
Sanford Susie Bullard and Sanford Margaret Rawis
Bought by
Colish Steven D and Panganiban Julieth A
Seller's Agent
Elizabeth Williams
Keller Williams Central
Buyer's Agent
Deena Anibal
NorthGroup Real Estate, Inc.
List Price
$425,000
Sold Price
$392,000
Premium/Discount to List
-$33,000
-7.76%
Current Estimated Value
$670,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,820
Avg. Annual Appreciation
10.09%
Original Mortgage
$372,400
Outstanding Balance
$328,642
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$342,178
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
Colish Steven D $392,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colish Steven D $372,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold $392,000 -7.8% $609 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $425,000 -- $660 / 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 $3,128 $554,618 $138,301 $416,317
2024 $2,989 $554,618 $138,301 $416,317
2023 $2,770 $554,618 $138,301 $416,317
2022 $2,787 $370,977 $130,707 $240,270
2021 $2,824 $370,977 $130,707 $240,270
2020 $2,861 $370,977 $130,707 $240,270
2019 $2,875 $370,977 $130,707 $240,270
2018 $0 $370,977 $130,707 $240,270
2017 $2,541 $370,977 $130,707 $240,270
2016 $2,271 $331,486 $100,353 $231,133
2015 $2,259 $331,486 $100,353 $231,133
2014 -- $331,486 $100,353 $231,133
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elizabeth Williams

    Keller Williams Central

  • Deena Anibal

    Buyer's Agent in 2020

    Deena Anibal

    NorthGroup Real Estate, Inc.

    (336) 269-3019

    113 Total Sales

    Deena Anibal
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Map

Source: Alamance Multiple Listing Service

MLS Number: 106617

APN: 165883

North Carolina Alamance County Mebane 27302

4734 Forest Lake Dr, Mebane, NC

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