NOT LISTED FOR SALE

4908 Homestead Dr Mebane, NC 27302

Estimated Value: $522,000 - $653,000

3 Beds
2.5 Baths
2,212 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $481,000 $217 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,469/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Screened Porch
  • Wood Flooring
  • 1 Fireplace
  • Balcony

About This Home

As of April 2022

Welcome to the country. Sit on your second story balcony or out back on the screen porch and relax with a cold drink while watching the sunset over the neighbor's farm. Beautiful two story on one acre in peaceful setting. Private street ending in cul-de-sac. Convenient to Chapel Hill and Burlington. This beauty won't last. Septic is permitted for 3 bedrooms. Although there are four physical bedrooms, house must be listed as 3 bedroom.

Last Agent to Sell the Property

Tracy Prendergast

Karen Copeland Realty License #319704 Listed on: 03/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • 2006

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 390x125x398x102
  • Rectangular Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Home Security System
  • Washer Hookup
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 167289

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

2006

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 390x125x398x102
  • Directions: From Greensboro, take I40 East. Exit 148, turn right at bottom of ramp. Travel 8.7 miles, turn left on Thom Road. Travel 1.0 mile. Turn left on Homestead Drive. 4th house on left.
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Kitchen Island, Other, Pantry

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick, Brick Veneer, Block, Vinyl Siding
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Screened, Balcony

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 44867.0
  • Parcel #: 167289
  • Zoning Description: single family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 18, 2022
Sold by
Shonette Pettiford
Bought by
Williams Matthew and Williams Monika Williams
Seller's Agent
Tracy Prendergast
Karen Copeland Realty
List Price
$450,000
Sold Price
$481,000
Premium/Discount to List
$31,000
6.89%
Current Estimated Value
$586,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,868
Avg. Annual Appreciation
6.10%
Original Mortgage
$456,950
Outstanding Balance
$433,106
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$153,762

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 29, 2022
Sold by
Brodgon Pettiford and Brodgon Barry
Bought by
Pettiford Shonette
Seller's Agent
Tracy Prendergast
Karen Copeland Realty
List Price
$450,000
Sold Price
$481,000
Premium/Discount to List
$31,000
6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,950
Outstanding Balance
$433,106
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$153,762

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 22, 2022
Sold by
Shonette Pettiford
Bought by
Pettiford Shonette
Seller's Agent
Tracy Prendergast
Karen Copeland Realty
List Price
$450,000
Sold Price
$481,000
Premium/Discount to List
$31,000
6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,950
Outstanding Balance
$433,106
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$153,762

Purchase Details

Closed on
Mar 5, 2014
Sold by
Cobb Yancy
Bought by
Cobb Shonette
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
Williams Matthew $481,000 Arnette Law Offices Pllc
Pettiford Shonette -- Mccrea Whitney S
Pettiford Shonette -- Mccrea Whitney S
Cobb Shonette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Matthew $456,950
Previous Owner Cobb Shonette $280,800
Previous Owner Cobb Shonette $268,000
Previous Owner Cobb Shonette $278,350
Previous Owner Cobb Shonette $27,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $481,000 0.0% $217 / Sq Ft
04/18/2022 04/18/22 Sold $481,000 +6.9% $192 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/12/2022 03/12/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $450,000 -- $203 / 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 $2,866 $517,318 $90,000 $427,318
2024 $2,737 $517,318 $90,000 $427,318
2023 $2,532 $517,318 $90,000 $427,318
2022 $1,790 $243,127 $35,262 $207,865
2021 $1,814 $243,127 $35,262 $207,865
2020 $1,839 $243,127 $35,262 $207,865
2019 $1,848 $243,127 $35,262 $207,865
2018 $0 $243,127 $35,262 $207,865
2017 $1,629 $243,127 $35,262 $207,865
2016 $1,898 $283,313 $35,262 $248,051
2015 $1,889 $283,313 $35,262 $248,051
2014 $1,757 $284,890 $35,262 $249,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 122461

APN: 167289