NOT LISTED FOR SALE

506 Fairway Dr Mebane, NC 27302

Estimated Value: $410,000 - $451,000

4 Beds
3 Baths
2,600 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $362,000 $139 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,684/month

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • Floor Furnace

About This Home

As of August 2021

Charming 4 Bedroom/3 bathroom home in desirable Arrowhead in Mebane. Features nice open living room. Extended dining room with bump-out. Kitchen with lots of counter space and attached pantry. Bedroom on main with full bath. Upstairs 2 additional bedrooms and master suite. Master bathroom with dual vanities, tub and separate shower leading to walk-in closet. Large loft area great for hanging out. Private backyard with extended patio. Incredible community with pool and clubhouse walking distance to Tanger Outlets. Don't miss out on this one!

Last Agent to Sell the Property

Robert Cavinder

Keller Williams Central License #285856 Listed on: 07/02/2021

Keller Williams Central

Last Buyer's Agent

Steve Casselman

eXp Realty LLC License #272611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 2018

Lot Details

  • 7,841 Sq Ft Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,416 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Hawfields Middle School
  • Eastern Alamance High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Arrowhead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 174168
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 7710
  • Subdivision Name: Arrowhead
  • Directions: Take I-40 E take right on Mebane Oaks Road, right on Arrowhead Blvd, left onto Applecross Dr, Right on Fairway Dr, go to end of fairway turn left, House on Right.
  • Above Grade Finished Sq Ft: 2416
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2416
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Floor Furnace, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: South Mebane
  • High School: Eastern Alamance
  • Middle Or Junior School: Hawfields

Lot Info

  • Parcel #: 174168
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 1944444.4444
  • TRIADMLS_DeedPage: 969
  • TRIADMLS_DeedBook: 3775
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2618
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 30, 2021
Sold by
Millen Garrett Joseph and Millen Lorraine Ann
Bought by
Mc Ii Sfr Nc Owner 1 Lp
Seller's Agent
Robert Cavinder
Keller Williams Central
Buyer's Agent
Steve Casselman
eXp Realty LLC
List Price
$350,000
Sold Price
$362,000
Premium/Discount to List
$12,000
3.43%
Current Estimated Value
$429,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,821
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
May 25, 2018
Sold by
Dan Ryan Builders North Carolina Llc
Bought by
Millen Lorraine Ann and Millen Garrett Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,181
Interest Rate
4.4%
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
Mc Ii Sfr Nc Owner 1 Lp $362,000 None Available
Millen Lorraine Ann $243,000 Nationwide Title Clearing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millen Lorraine Ann $202,000
Previous Owner Joseph Millen Lorraine Ann $198,400
Previous Owner Millen Lorraine Ann $245,181
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $362,000 +3.4% $172 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $350,000 -- $167 / 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 $3,596 $416,232 $55,000 $361,232
2024 $3,492 $416,232 $55,000 $361,232
2023 $3,506 $439,332 $55,000 $384,332
2022 $2,572 $230,831 $40,000 $190,831
2021 $2,595 $230,831 $40,000 $190,831
2020 $2,618 $230,831 $40,000 $190,831
2019 $2,631 $230,831 $40,000 $190,831
2018 $0 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Cavinder

    Seller's Agent in 2021

    Robert Cavinder

    Keller Williams Central

    (336) 227-4433

    345 Total Sales

    Robert Cavinder
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Casselman

    eXp Realty LLC

    (704) 773-4345

    1,966 Total Sales

    Steve Casselman
    Section Image
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Map

Source: Triad MLS

MLS Number: 1031352

Triad MLS

APN: 174168

North Carolina Alamance County Mebane 27302

506 Fairway Dr, Mebane, NC

This home is located at 506 Fairway Dr, Mebane, NC 27302 since 02 July 2021 and is currently estimated at $429,821, approximately $165 per square foot. This property was built in 2018. 506 Fairway Dr is a home located in Alamance County with nearby schools including South Mebane Elementary School, Woodlawn Middle School, and Bradford Academy.

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