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1301 East Dogwood Drive

1301 East Dogwood Drive, Mebane, NC 27302
Property in Alamance
Sold Dec 22, 2022
$23,416,500
$13,680,000 by Financial Federal Bank
Mortgage
Sold Dec 16, 2019
$21,900,000
1301 East Dogwood Drive has been categorized by the local assessors in Mebane, NC as a residential type of property. The building on the property was first built in 1997 and is 27 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1301 East Dogwood Drive has 9,408 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 368,953 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1301 East Dogwood Drive sold most recently in Dec 22, 2022 for a total of $23,416,500. If you work out the math, that's approximately a cost of $2,489.00 per sqft. Before that, the property was also sold for $21,900,000 in Dec 11, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $170,564 in taxes each year. 1301 East Dogwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,267,380. If we break it down further, the land itself was valued at $1,318,800. Improvements to the property, however, were assessed at a total of $19,948,580. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 3
  • Total Rooms: 5
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 368,953
  • Total Building Area: 9,408
  • Building Area: 9,408
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 9,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEBANE MILL
  • Land Acres: 8.47
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: STONEY BROOK APTS LT C 10-19-66

Ownership

  • Current Owner : BLV STONEBROOK MEBANE LLC
  • Current Owner 2: BLV STONEBROOK MEBANE LIQ LLC
  • Previous Owner : STERLING STONEBROOK LLC
  • Owner Before Previous Owner: COHEN DAVID
  • Owner Before Previous Owner 2: LERCHER MORDY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: EASTERN
  • Census Tract: 021205

Geography

  • Assessors Map Reference: PM 9814
  • Account Number: 719852
  • Parcel: 164155
  • Municipality: MELVILLE
  • Latitude: 36.0732
  • Longitude: -79.2829

    Address

  • Full Address: 1301 E Dogwood Dr
  • Address - House Number: 1301
  • Street Direction: E
  • Address - Street Name: Dogwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Mebane
  • Carrier Code: R007
  • 4-Digit Zip Code: 7719
  • Zip Code: 27302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,564
  • Tax Rate Code Area: 14

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $13,680,000
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $13,680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $21,267,380
  • Market Land Value: $1,318,800
  • Market Improvement Value: $19,948,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,267,380
  • Assessed Land Value: $1,318,800
  • Assessed Improvements Value: $19,948,580

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Transaction ID: 11900009233
  • Current Sale Price: $23,416,500
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Dec 11, 2019
  • Previous Sale Amount: $21,900,000
  • Previous Sale Document Type: Special Warranty Deed

About Mebane



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Frequently Asked Questions

What neighborhood is 1301 East Dogwood Drive located in?
The 1301 East Dogwood Drive is a located in the neighborhood of Alamance in Mebane, Mebane.
What is the average sales price for listings in 1301 East Dogwood Drive?
The average sales price for units in 1301 East Dogwood Drive is $0 currently.

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