NOT LISTED FOR SALE

503 S Third St Mebane, NC 27302

Estimated Value: $299,000 - $372,000

3 Beds
2 Baths
1,500 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $190,000 $127 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,900/month

2 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Attic
  • 4-minute walk to Walker Athletic Complex

About This Home

As of March 2019

Charming Bunugalow in Historic Downtown Mebane! Totally renovated in 2016 by previous owners. 3bd/2ba with Master Suite. Original heart pine floors, built-in furniture, stainless steel Whirlpool appliances, Amanzi granite countertops, new wood stove (2018), plantation shutters (2017), and privacy fence (2017)

Last Buyer's Agent

Mickey Tripp

RE/MAX DIAMOND REALTY License #163204

RE/MAX DIAMOND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150 x 75 x 150
  • Fenced
  • Cleared Lot
  • Property is zoned 010

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Masonite

Interior Spaces

  • 1,424 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9815927204
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.258
  • Lot Size: 75 x 150 x 75 x 150
  • Subdivision Name: None
  • Directions: Take I-40W to Exit 154 (Mebane Oaks Rd), Right onto Mabane Oaks Road, Right on S. Fifth Street, Left onto W Roosevelt Street, Right onto S Third Street
  • Above Grade Finished Sq Ft: 1424
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1910
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Tankless Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen, Living Room
  • Fireplaces: 2
  • Living Area: 1424
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Privacy
  • Lot Features: City Lot, Historic District, Cleared
  • Pool Features: None
  • Exclusions: Tv Stand
  • Construction Type: Masonite
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Tankless
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 9815927204
  • Zoning: 010
  • TRIADMLS_PlatPage: 80
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1331.96
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Mar 26, 2019
Sold by
Kelly James P and Myers-Kelly Marie
Bought by
Mebane William Giles
Buyer's Agent
Mickey Tripp
RE/MAX DIAMOND REALTY
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$323,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,816
Avg. Annual Appreciation
8.43%
Original Mortgage
$152,000
Outstanding Balance
$133,634
Interest Rate
4.4%
Estimated Equity
$190,182

Purchase Details

Closed on
May 13, 2016
Sold by
Kinght Curtis L and Carter Cynthia R
Bought by
Kelly James P and Lloyd Marie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2015
Sold by
Knight Curtis L and Knight Carmel
Bought by
Knight Curtis L and Carter Cynthia R

Purchase Details

Closed on
Nov 18, 2014
Sold by
Bardsher Larry
Bought by
Knight Curtis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.26%
Mortgage Type
New Conventional
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
Mebane William Giles $190,000 Attorney
Kelly James P $158,000 Attorney
Knight Curtis L -- None Available
Knight Curtis L $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mebane William Giles $152,000
Previous Owner Kelly James P $126,400
Previous Owner Knight Curtis L $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $190,000 -4.5% $158 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $199,000 -- $166 / Sq Ft
Source: Triad 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 $2,360 $273,113 $50,000 $223,113
2024 $2,291 $273,113 $50,000 $223,113
2023 $2,179 $273,113 $50,000 $223,113
2022 $1,407 $126,288 $35,000 $91,288
2021 $1,420 $126,288 $35,000 $91,288
2020 $1,432 $126,288 $35,000 $91,288
2019 $1,440 $126,288 $35,000 $91,288
2018 $0 $126,288 $35,000 $91,288
2017 $1,326 $126,288 $35,000 $91,288
2016 $529 $49,407 $30,000 $19,407
2015 -- $49,407 $30,000 $19,407
2014 -- $49,407 $30,000 $19,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 916795

Triad MLS

APN: 166016