NOT LISTED FOR SALE

7116 Commodity Ct Unit 61 Mebane, NC 27302

Estimated Value: $454,000 - $541,000

5 Beds
3 Baths
2,700 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $461,750 $171 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,950/month

Highlights

  • New Construction
  • Traditional Architecture
  • 2 Car Attached Garage
  • Cedar Ridge High Rated A-
  • Porch
  • Tankless Water Heater

About This Home

As of September 2023

Completing in August - 5BR / 3BA Kipling features guest bedroom and full bath on main, private study, open dining, kitchen, and great room. Second floor features owner's suite with luxury ensuite with garden tub, walk-in shower, and large walk-in closet. Game room, laundry room, additional full bath, and spacious secondary bedrooms round out upper level of home. Home includes many upgrades!

Last Agent to Sell the Property

Adam Martin

TLS Realty LLC License #307321 Listed on: 07/18/2023

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned RS30

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,479 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Schools

  • Gravelly Hill Middle School
  • Cedarridge1 High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Bowman Place Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 9824735836

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,745

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Bowman Place
  • Directions: From 40E / 85N, Head east on I-40 E/I-85 N, Take exit 154 for Mebane-Oaks Rd, Turn RIGHT, Turn left onto Old Hillsborough Rd, Continue onto Bowman Rd, Turn RIGHT on Grainfield Road
  • Above Grade Finished Sq Ft: 2479
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2479
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Completion Date: 2023-08-21T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Front
  • Garage Description: Attached Garage, Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas, Tankless
  • Energy Features: Energy Star Rated, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Efland-Cheeks Global
  • High School: CedarRidge1
  • Middle Or Junior School: Gravelly Hill

Lot Info

  • Parcel #: 9824735836
  • Zoning: RS30
  • TRIADMLS_PricePerAcre: 2716176.4706
  • TRIADMLS_PlatPage: 167
  • TRIADMLS_DeedPage: 1906
  • TRIADMLS_DeedBook: 6809
  • TRIADMLS_PlatBook: 125
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Lot: 61
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 1, 2023
Sold by
True Homes Llc
Bought by
Williams Diane Margerta and Williams Peter Robert
Seller's Agent
Adam Martin
TLS Realty LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$469,500
Sold Price
$461,750
Premium/Discount to List
-$7,750
-1.65%
Views
5
Current Estimated Value
$477,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,997
Avg. Annual Appreciation
1.61%
Original Mortgage
$438,847
Outstanding Balance
$429,516
Interest Rate
7.18%
Estimated Equity
$48,231
Source: Public Records

Range of Values:

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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
Williams Diane Margerta -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Diane Margerta $438,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $461,750 -1.7% $210 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $469,500 -- $213 / 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 $4,745 $461,500 $65,000 $396,500
2024 $4,706 $374,200 $45,000 $329,200
2023 $542 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Martin

    Seller's Agent in 2023

    Adam Martin

    TLS Realty LLC

    (704) 312-8669

    17 in this area

    1,605 Total Sales

    Adam Martin
    Section Image

  • N

    Buyer's Agent in 2023

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1112273

Triad MLS

APN: 9824735836

North Carolina Orange County Mebane 27302

7116 Commodity Ct Unit 61, Mebane, NC

This home is located at 7116 Commodity Ct Unit 61, Mebane, NC 27302 since 18 July 2023 and is currently estimated at $477,747, approximately $176 per square foot. This property was built in 2023. 7116 Commodity Ct Unit 61 is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Cedar Ridge High.

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