NOT LISTED FOR SALE

5011 Mebane Oaks Rd Mebane, NC 27302

Estimated Value: $142,000 - $244,000

3 Beds
1 Bath
1,313 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $135,000 $103 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,016/month

218 Days on Market

Highlights

  • Outdoor Storage
  • Rectangular Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2024

Price Reduced! Renovations have been started, need someone to finish! This terrific ranch home has been stripped down and redone, but not yet completed. Terrific opportunity for homeowner to invest some sweat equity or a contractor to flip. Brick front. Garage has been converted to living space. Buyer to verify all permits and those that still may be needed. Property sold 'as is'. Buyer to verify current school assignments. All inspections to be completed prior to making an offer. No Due Diligence period.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $735

Year Built

  • 1970

Lot Details

  • 0.46 Acre Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Open Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 173074

Home Details

Home Type

Single Family

Est. Annual Taxes

$735

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Directions: I-40/85 to exit 154. South on Mebane Oaks.
  • Above Grade Finished Sq Ft: 1313.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Interior Amenities: Bedroom on Main Level, Other
  • Living Area: 1313.0

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Other Structures: Storage
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Parking Pad
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 20038.0
  • Parcel #: 173074
  • Zoning Description: SFR

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 484.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jun 14, 2024
Sold by
Art Of We Development Llc
Bought by
Racf Llc
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
1015
Current Estimated Value
$175,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,267
Avg. Annual Appreciation
7.68%
Original Mortgage
$214,000
Interest Rate
7.22%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jun 5, 2024
Sold by
Dsv Spv1 Llc
Bought by
Art Of We Development Llc
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
1015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 2017
Sold by
Kaja Holdings 2 Llc
Bought by
Dsv Spvi Llc

Purchase Details

Closed on
Sep 30, 2015
Sold by
U S Bank Na Trustee
Bought by
Kaja Holdings 2 Llc

Purchase Details

Closed on
Jan 29, 2015
Sold by
Trustee Svcs Of Carolina Llc S and Graves Geraline G
Bought by
U S Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Racf Llc $149,000 None Listed On Document
Art Of We Development Llc $135,000 None Listed On Document
Dsv Spvi Llc -- None Available
Kaja Holdings 2 Llc $21,000 None Available
U S Bank Na $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Racf Llc $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $135,000 -3.5% $103 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $139,900 0.0% $107 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $139,900 0.0% $107 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $139,900 0.0% $107 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $139,900 0.0% $107 / Sq Ft
03/03/2024 03/03/24 Price Changed $139,900 +3.6% $107 / Sq Ft
02/27/2024 02/27/24 Off Market $135,000 -- --
02/06/2024 02/06/24 For Sale $149,900 -6.3% $114 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
10/02/2023 10/02/23 For Sale $159,900 -- $122 / 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
2024 $735 $138,992 $24,364 $114,628
2023 $684 $138,992 $24,364 $114,628
2022 $484 $67,620 $20,850 $46,770
2021 $505 $67,620 $20,850 $46,770
2020 $511 $67,620 $20,850 $46,770
2019 $514 $67,620 $20,850 $46,770
2018 $0 $67,620 $20,850 $46,770
2017 $453 $67,620 $20,850 $46,770
2016 $550 $82,043 $20,850 $61,193
2015 -- $82,043 $20,850 $61,193
2014 -- $82,043 $20,850 $61,193
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 128647

APN: 173074