NOT LISTED FOR SALE

7015 Shale Loop Mebane, NC 27302

Estimated Value: $421,084 - $456,000

5 Beds
3 Baths
2,630 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $414,105 $157 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,797/month

55 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Cedar Ridge High Rated A-
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of August 2023

Brand NEW energy-efficient home ready February/March 2023! The ?rst-?oor bedroom makes a perfect guest suite. Upstairs, the primary suite features a walk-in closet, dual sinks, and stylish tray ceiling. Located within minutes of I-40 and I-85, with quick access to Tanger Outlets, Downtown Mebane and easy commutes to both Durham and Greensboro metro areas. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Annita Bowden

Meritage Homes of the Carolina License #191587 Listed on: 04/27/2022

Last Buyer's Agent

Joe Matthews

Real Triangle Properties LLC License #134224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,586

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped

HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Bathtub with Shower
  • Shower Only

Home Security

  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Schools

  • Efland Cheeks Elementary School
  • Gravelly Hill Middle School
  • Cedar Ridge High School

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Dawn Hatcher Pcam, Ams, C Association, Phone Number (919) 233-7660
  • Built by Meritage Homes
  • Bowman Village Subdivision, Salem Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,586

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Builder Name: Meritage Homes
  • Builder Model: Salem
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Bowman Village
  • Above Grade Finished Sq Ft: 2630.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plot plan
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-03-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: No
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Above Grade Finished Area: 2630.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Builder Name: Meritage Homes
  • General Property Information Builder Model: Salem
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Pantry, Shower Only, Smart Home, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: ENERGY STAR Qualified Appliances, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Smart Home: Yes

Exterior Features

  • Acres: 0.17
  • Construction Type: Low VOC Paint/Sealant/Varnish, Vinyl Siding
  • Foundation Details: Slab
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 1000.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association Name: Dawn Hatcher PCAM, AMS, C
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Dawn Hatcher PCAM, AMS, C
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 1000.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - Gravelly Hill

Lot Info

  • Zoning: RES
  • Lot Dimensions: see plot plan
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2022
  • Tax Map Number: 1

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Aug 29, 2023
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Alluri Lokesh
Seller's Agent
Annita Bowden
Meritage Homes of the Carolina
Buyer's Agent
Joe Matthews
Real Triangle Properties LLC
List Price
$468,290
Sold Price
$414,105
Premium/Discount to List
-$54,185
-11.57%
Views
7
Current Estimated Value
$435,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,166
Avg. Annual Appreciation
2.39%
Original Mortgage
$379,603
Outstanding Balance
$371,607
Interest Rate
7.23%
Estimated Equity
$63,664
Source: Public Records

Range of Values:

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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
Alluri Lokesh -- None Listed On Document
Alluri Lokesh $414,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alluri Lokesh $379,603
Closed Alluri Lokesh $379,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $414,105 -- --
08/29/2023 08/29/23 Sold $414,105 -12.0% $157 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $470,790 +0.2% $179 / Sq Ft
04/29/2022 04/29/22 Price Changed $469,945 +0.4% $179 / Sq Ft
04/27/2022 04/27/22 For Sale $468,290 -- $178 / Sq Ft
Source: Doorify 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 $4,586 $445,700 $65,000 $380,700
2024 $4,517 $358,900 $45,000 $313,900
2023 $542 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Annita Bowden

    Meritage Homes of the Carolina

  • Joe Matthews

    Buyer's Agent in 2023

    Joe Matthews

    Real Triangle Properties LLC

    (919) 244-7733

    8 in this area

    367 Total Sales

    Joe Matthews
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Map

Source: Doorify MLS

MLS Number: 2445167

Doorify MLS

APN: 9824748334

North Carolina Orange County Mebane 27302

7015 Shale Loop, Mebane, NC

This home is located at 7015 Shale Loop, Mebane, NC 27302 since 27 April 2022 and is currently estimated at $435,271, approximately $165 per square foot. This property was built in 2022. 7015 Shale Loop is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Cedar Ridge High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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