Check Availability

300 East McPherson Drive

300 East McPherson Drive, Mebane, NC 27302
Property in Alamance
Sold Feb 07, 2023
$2,950,000
$2,360,000 by Touchstone Bank
Mortgage
Sold Feb 10, 2021
$5,200,000
Local assessors in Mebane, NC have categorized 300 East McPherson Drive as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 67,082 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 300 East McPherson Drive has a total of 7,854 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 300 East McPherson Drive was last sold in Jan 17, 2023 for $2,950,000. According to our calculations, that's $375.60 per sqft. Prior to that sales transaction, the property was sold for $5,200,000 in Feb 9, 2021. Current property owners are expected to pay $13,820 in taxes per year. The property on 300 East McPherson Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,723,223. To break that down further, the land itself was valued at $48,560. While improvements to the property were assessed at a total of $1,674,663. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 3
  • Total Rooms: 16
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 22
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 7,854
  • Building Area: 7,854
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 7,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HICKORY GROVE
  • Land Acres: 1.54
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: HICKORY GROVE SUBD LTS 8-23 10-21-24

Ownership

  • Current Owner : MCPHERSON VILLAGE LLC
  • Previous Owner : UPSTREAM INVESTMENTS LLC
  • Owner Before Previous Owner: EAGLEVIEW PROPERTIES OF GAFFNEY LLC
  • 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

Zoning

  • Zoning: R8

Geography

  • Assessors Map Reference: PM 9824
  • Account Number: 720747
  • Parcel: 167559
  • Lot: 8-230
  • Municipality: MELVILLE
  • Latitude: 36.0842
  • Longitude: -79.2699

    Address

  • Full Address: 300 E Mcpherson Dr
  • Address - House Number: 300
  • Street Direction: E
  • Address - Street Name: Mcpherson
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Mebane
  • Carrier Code: C001
  • 4-Digit Zip Code: 3234
  • Zip Code: 27302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,820
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.15
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 1,654,059
  • High Value: 1,902,171
  • Low Value: 1,405,946

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,360,000
  • First Open Lien Mortgage Lender: TOUCHSTONE BANK
  • First Open Lien Mortgage Recording Date: Feb 07, 2023
  • First Open Lien Mortgage Loan Amount: $2,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,723,223
  • Market Land Value: $48,560
  • Market Improvement Value: $1,674,663

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,723,223
  • Assessed Land Value: $48,560
  • Assessed Improvements Value: $1,674,663

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Transaction ID: 11902422497
  • Current Sale Price: $2,950,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Feb 09, 2021
  • Previous Sale Amount: $5,200,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOUCHSTONE BANK
  • First Mortgage Transaction Date: Feb 07, 2023
  • First Mortgage Loan Amount: $2,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Mebane



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 300 East McPherson Drive located in?
The 300 East McPherson Drive is a located in the neighborhood of Alamance in Mebane, Mebane.
What is the average sales price for listings in 300 East McPherson Drive?
The average sales price for units in 300 East McPherson Drive is $0 currently.

Quantcast