NOT LISTED FOR SALE

505 Lancaster Rd Mebane, NC 27302

Estimated Value: $196,000 - $239,864

3 Beds
1 Bath
1,200 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2020

Last sale price $138,000 $115 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,318 / mo

57 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Kitchen Island
  • Attic
  • Porch
  • Attached Carport

About This Home

As of July 2020

MULTIPLE OFFERS, highest and best offers due by Sat. 5/23 at 4:00pm. Won't last long! Move right in to this 3 bedroom home on nearly an acre just minutes from Mebane and convenient to I40/85. Enjoy your morning coffee in this spacious eat in kitchen with large island, and spend evenings on the covered front porch. Lovely laminate and original hardwood floors. Come out back to a spacious yard with room to roam or garden. Plenty of storage space. New roof in 2017. Completely encapsulated crawl space!

Last Agent to Sell the Property

Shaunna Overman

Howard Hanna Allen Tate Oak Ridge Commons License #277559 Listed on: 03/26/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1972

Lot Details

  • 41,382 Sq Ft Lot
  • Cleared Lot
  • Garden
  • Property is zoned R1

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Gravelly Hill Middle School
  • Orange High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 9835437302
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1972

Lot Details

0.95 Acres

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Subdivision Name: None
  • Directions: Head east on I-40 E/I-85 N, Take exit 157 for Buckhorn Rd, Turn left onto Buckhorn Rd, Turn right onto S Frazier Rd, Turn left onto Lancaster Rd, Destination will be on the right
  • Above Grade Finished Sq Ft: 1074
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1074
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Efland-Cheeks Global
  • High School: Orange
  • Middle Or Junior School: Gravelly Hill

Lot Info

  • Parcel #: 9835437302
  • Zoning: R1
  • TRIADMLS_PlatPage: 112
  • TRIADMLS_PlatBook: 20
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1261.1
  • Tax Lot: 19
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.9357

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jul 20, 2020
Sold by
Bought by
Seller's Agent
Shaunna Overman
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$138,000
Current Estimated Value
$216,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,466
Avg. Annual Appreciation
7.90%
Original Mortgage
$124,200
Outstanding Balance
$115,239
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$101,227

Purchase Details

Closed on
Apr 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,370
Interest Rate
4.44%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$138,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $124,200
Previous Owner $117,370
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $138,000 -- $153 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,785 $228,100 $75,000 $153,100
2024 $1,476 $138,500 $20,000 $118,500
2023 $1,441 $138,500 $20,000 $118,500
2022 $1,408 $138,500 $20,000 $118,500
2021 $1,377 $138,500 $20,000 $118,500
2020 $1,261 $119,600 $20,000 $99,600
2018 $1,230 $119,600 $20,000 $99,600
2017 $1,084 $119,600 $20,000 $99,600
2016 $1,084 $103,062 $27,216 $75,846
2015 $1,084 $103,062 $27,216 $75,846
2014 $1,064 $103,062 $27,216 $75,846
Source: Public Records

Agents Affiliated with this Home

  • Shaunna Overman

    Seller's Agent in 2020

    Shaunna Overman

    Howard Hanna Allen Tate Oak Ridge Commons

    (336) 618-7564

    281 Total Sales

    Shaunna Overman
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Map

Source: Triad MLS

MLS Number: 970960

Triad MLS

APN: 9835437302

North Carolina Orange County Mebane 27302

505 Lancaster Rd, Mebane, NC

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