NOT LISTED FOR SALE

5623 Preston Loop Unit 27302 Mebane, NC 27302

Cheeks Neighborhood

Estimated Value: $304,000 - $341,000

3 Beds
2 Baths
1,680 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $147,000 $88 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,907/month

244 Days on Market

Highlights

  • 1 Fireplace
  • Screened Porch
  • Cooling Available
  • Cedar Ridge High Rated A-
  • Separate Outdoor Workshop
  • Landscaped

About This Home

As of May 2012

-Location, Location, Location! Country Living,Located Right Off Hwy 85/40. 1 Acre Private Lot W/Shed. Shed Is Ideal Man-Cave, With Electricity, Workbench,A/C,&Fridge! Home Also Has Screened Porch,Security System,Spa Tub, Water Filtration System,Wood Fire Place And Home Warranty! Close To Shopping & Schools. Easy Commute To Greensboro, Rtp, Or Raleigh. Entire Roof Is Having New Shingles Installed. Usda Financing Is Possible.

Last Agent to Sell the Property

Default Firm Record

Keller Williams Central Listed on: 08/15/2011

Last Buyer's Agent

Kristy Smith

Allen Tate/Burlington License #271449

Allen Tate/Burlington

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,926

Year Built

  • 1997

Lot Details

  • 1.02 Acre Lot
  • Landscaped
  • Irregular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Paved Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 9834654714

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,926

Year Built

1997

Lot Details

0

Listing Details

  • Property Sub Type: Modular Home
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: 1.02
  • Directions: -From I-40E/85 Take Exit 157 (Buckhorn Road), R On Buckhorn, L On W Ten Rd, 1St L Onto Preston Loop,Home Is Towards Back Of Neighborhood And Is Set Back From The Road.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1997
  • Property Sub Type Additional: Modular Home,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Screened

Garage/Parking

  • Parking Features: Paved, Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes

Lot Info

  • Parcel #: 9834654714
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2011
Closed on
May 15, 2012
Sold by
Ball Kenneth A and Ball Helen
Bought by
Vincent Kendra and Parrish Derrick
Seller's Agent
Default Firm Record
Keller Williams Central
Buyer's Agent
Kristy Smith
Allen Tate/Burlington
List Price
$165,000
Sold Price
$147,000
Premium/Discount to List
-$18,000
-10.91%
Total Days on Market
244
Current Estimated Value
$329,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,030
Avg. Annual Appreciation
7.44%
Original Mortgage
$147,000
Outstanding Balance
$110,601
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,344
Source: Public Records

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Range of Values:

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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
Vincent Kendra $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Kendra $147,000
Previous Owner Kenneth Kenneth A $34,000
Previous Owner Kenneth A $120,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $147,000 -10.9% $88 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
08/15/2011 08/15/11 For Sale $165,000 -- $98 / 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 $1,926 $185,200 $24,200 $161,000
2023 $1,879 $185,200 $24,200 $161,000
2022 $1,835 $185,200 $24,200 $161,000
2021 $1,793 $185,200 $24,200 $161,000
2020 $1,686 $165,000 $29,800 $135,200
2018 $1,647 $165,000 $29,800 $135,200
2017 $1,770 $165,000 $29,800 $135,200
2016 $1,770 $175,438 $30,176 $145,262
2015 $1,770 $175,438 $30,176 $145,262
2014 $1,750 $175,438 $30,176 $145,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 73561

APN: 9834654714