When was property at 1227 Prospect Drive built and last sold?

The property at 1227 Prospect Drive was built in 2020 and last sold on Aug 5, 2020 for $307,000.

How much is this home worth?

The estimated value of the home located at 1227 Prospect Drive is $391,867.

What are some comparable homes to 1227 Prospect Drive?

There are currently no comparable homes to 1227 Prospect Drive.

Mebane

27302

1227 Prospect Drive

Map

$389,000

↓ $6K (1.5%)

● House - For Sale

1227 Prospect Drive

Mebane, NC 27302

2 Beds

2 Baths, 1 Half Bath

1,855 Ft²

$2,552

Est. Monthly

$260

HOA / Fees

About This Property

Stunning 2020-built ranch in the desirable Villas on 5th community. This all-electric home features 1,855 square feet of modern living space with 2 spacious bedrooms and 2.5 bathrooms. The open floor plan is perfect for single-level living, complemented by the convenience of City of Mebane utilities and low-maintenance landscaping.

Unit Size

1,855 Ft²

Days on Market

194 days

Land Size

0.16 acres

Price per sqft

$210

Property Type

House

Property Taxes

$382

HOA Dues

$260

Year Built

2020

Listed By

Stirling West

[email protected]

Mark Spain Real Estate

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Last updated: 25 days ago (TMLS #10157887)

Price History

Date / Event	Date	Event
Oct 1, 2026	Price Decreased	$389,000 ↓ $6K (1.5%)
Price Decreased
Sep 10, 2026	Price Decreased	$395,000 ↓ $4K (1%)
Price Decreased
Aug 13, 2026	Price Decreased	$399,000 ↓ $11K (2.7%)
Price Decreased
Jul 23, 2026	Price Decreased	$410,000 ↓ $9K (2.2%)
Price Decreased
Jun 26, 2026	Price Decreased	$419,000 ↓ $6K (1.4%)
Price Decreased
Jun 5, 2026	Price Decreased	$425,000 ↓ $7K (1.6%)
Price Decreased
May 21, 2026	Price Decreased	$432,000 ↓ $13K (2.9%)
Price Decreased
Apr 24, 2026	Price Decreased	$445,000 ↓ $10K (2.2%)
Price Decreased
Apr 16, 2026	Relisted	$455,000
Relisted
Apr 13, 2026	No longer available	-
No longer available
Apr 6, 2026	Listed by Mark Spain Real Estate	$455,000
Listed by Mark Spain Real Estate
Aug 5, 2020	Sold	Premium
Sold

Property Highlights

Garage

Fireplace

Parking Details

Has Garage

Attached Garage

Has Open Parking

Garage Spaces: 2

Open Parking Spaces: 4

Interior Details

Half Bathrooms: 1

Full Bathrooms: 2

Flooring Type: Combination

Rooms: 7

Has Fireplace

Fireplace Features: Family Room

Basement: Other

Exterior Details

Square Footage: 1855

Architectural Style: Ranch, Traditional

Year Built: 2020

Building Area Total: 1855

Levels: One

Construction Materials: Board & Batten Siding, HardiPlank Type

Lot Size Area: 0.16

Lot Size Units: Acres

Lot Size Acres: 0.16

Lot Size Square Feet: 6970

Water Source: Public

Financial Details

Tax Assessed Value: $412,800

Tax Annual Amount: $4,582

Utilities Details

Cooling Type: Heat Pump

Heating Type: Heat Pump

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Unknown

HOA Fee: $260

HOA Fee Frequency: Monthly

Building Info

Overview

General

Year Built: 2020

Effective Year Built: 2020
Bedroom Count: 2
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 5
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,970

Total Building Area: 1,855
Building Area: 1,855
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,855
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: THE VILLAS ON 5TH
Land Acres: 0000000160
Standard Land Use Code: 1001
County Land Use Code: 010
Legal Description 1: VILLAS ON 5TH PH 1 LOT 53 10-18-102

Neighborhood

School District Name: Alamance-Burlington Schools

School Tax School District: EASTERN
Census Tract: 021205

Geography

Assessors Map Reference: PM 9814

Account Number: 695312
Parcel: 174938
Municipality: MELVILLE
Latitude: 36.0722
Longitude: -79.2854

Address

Full Address: 1227 Prospect Dr

Address - House Number: 1227
Address - Street Name: Prospect
Address - Suffix Type: Dr
State: NC
City Name: Mebane
Carrier Code: R017
4-Digit Zip Code: 7839
Zip Code: 27302

Valuation

Tax

Tax Year: 2023

Tax Amount: $297,782
Tax Rate Code Area: 14

Appraisal Valuation

Standard Deviation: 0.2503

Valuation Date: Oct 11, 2023
Confidence Score: 64
Final Value: 354,555
High Value: 443,312
Low Value: 265,798

Market Valuation

Market Total Value: $371,299

Market Land Value: $60,000
Market Improvement Value: $311,299

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $371,299
Assessed Land Value: $60,000
Assessed Improvements Value: $311,299

Sales

Current Sale Contract Date: Aug 05, 2020

Current Sale Recording Date: Aug 05, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 14023

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mebane

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

Average Home Size

1963 ft²

Average Home Age

21.7 years

Currently For Sale

86 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: Stirling West, Mark Spain Real Estate
Last Updated: 25 days ago
Data Source: TMLS, MLS# 10157887

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.