625 N Mebane St Burlington, NC 27217
East Burlington Neighborhood
3
Beds
2
Baths
1,385
Sq Ft
10,019
Sq Ft Lot
Highlights
- Popular Property
- Bungalow
- Forced Air Heating and Cooling System
- Corner Lot
- 1-Story Property
About This Home
As of September 2024Amazing opportunity to own a Group Home with an incredible rental history, Current lessee is a group home administrator and is paying $800 per month and the lessee is month to month at this juncture. Lessee is responsible for all property maintenance except the roof and the HVAC. Current owner has replaced the HVAC unit.
Last Agent to Sell the Property
Coldwell Banker HPW Brokerage Email: bryang@hpw.com License #299470 Listed on: 02/07/2024
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $671
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 78 x 137 x 72 x 137
- Corner Lot
- Property is zoned R 9
Parking
- Driveway
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- 1,385 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Alamance Elementary School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 136960
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2024
Closed on
Aug 26, 2024
Sold by
Andrews Properties Of The Carolinas Llc
Bought by
Melendezaraujo Llc
Seller's Agent
Bryan Guarnieri
Coldwell Banker HPW
Buyer's Agent
Non Member
Canopy Administration
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%
Views
5323
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.87%
Original Mortgage
$178,800
Outstanding Balance
$30,607
Interest Rate
6.47%
Mortgage Type
Construction
Estimated Equity
$127,181
Purchase Details
Closed on
Oct 26, 2015
Sold by
Andrews Steven H
Bought by
Andrews Properties Of The Carolinas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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615 Water Street is a fantastic investment opportunity! This two-bedroom, two-bathroom property is ideal for investors and flippers seeking a promising project. The home requires renovations, allowing for a full creative overhaul to add significant value. With spacious bedrooms and a functional layout, it offers great potential for customization and upgrades. Perfect for those looking to build
Reveca Cardoza United Realty Group Inc.
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Listed On Document | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,800 | Construction | |
| Previous Owner | $3,200,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $56,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $250,000 | +127.3% | $179 / Sq Ft |
| 09/19/2024 09/19/24 | Sold | $110,000 | -11.9% | $79 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 02/07/2024 02/07/24 | For Sale | $124,900 | -- | $90 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $671 | $143,015 | $15,000 | $128,015 |
| 2023 | $618 | $143,015 | $15,000 | $128,015 |
| 2022 | $766 | $61,718 | $15,000 | $46,718 |
| 2021 | $772 | $61,718 | $15,000 | $46,718 |
| 2020 | $778 | $61,718 | $15,000 | $46,718 |
| 2019 | $780 | $61,718 | $15,000 | $46,718 |
| 2018 | $367 | $61,718 | $15,000 | $46,718 |
| 2017 | $727 | $61,718 | $15,000 | $46,718 |
| 2016 | $627 | $54,022 | $15,000 | $39,022 |
| 2015 | $312 | $54,022 | $15,000 | $39,022 |
| 2014 | -- | $54,022 | $15,000 | $39,022 |
Source: Public Records
Agents Affiliated with this Home
-
Johnna Wood
J
Seller's Agent in 2025
Johnna Wood
Elevation Realty, LLC
(336) 212-1054
7 in this area
115 Total Sales
-
Bryan Guarnieri
Seller's Agent in 2024
Bryan Guarnieri
Coldwell Banker HPW
(984) 204-7107
22 in this area
231 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4107328
APN: 136960
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