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460 Cedar Lane

460 Cedar Lane, Mebane, NC 27302
Property in Alamance
Sold Aug 18, 2021
$260,000
$195,000 by Equity Resources Inc
Mortgage Due Sep 01, 2051
Sold Dec 02, 2011
$67,000
$68,469 by Suntrust Mortgage Inc
Mortgage
460 Cedar Lane 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 1986 and is 38 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 460 Cedar Lane has 1,392 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 30,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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. The property was last sold in Aug 18, 2021 for $260,000. That's $186.78 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2011 for $67,000. 460 Cedar Lane was last assessed in 2023. The total value of the property was assessed at $321,452. Specifically, the land the property is located on was valued at $47,300. While improvements on the property were assessed at a total of $274,152. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,578. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,392
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAKDALE
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: OAKDALE SUBD LOT 1 10-23A-35

Ownership

  • Current Owner : KING CHRISTINE A
  • Previous Owner : STARKEY JUSTIN
  • Owner Before Previous Owner: OHIO INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: PM 9825
  • Account Number: 705688
  • Parcel: 168254
  • Lot: 46
  • Municipality: MELVILLE
  • Latitude: 36.0853
  • Longitude: -79.2644

    Address

  • Full Address: 460 Cedar Ln
  • Address - House Number: 460
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Mebane
  • Carrier Code: C001
  • 4-Digit Zip Code: 3231
  • Zip Code: 27302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,578
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.2679
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 321,360
  • High Value: 407,460
  • Low Value: 235,260

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $299,000
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Nov 10, 2022
  • Second Open Lien Mortgage Loan Amount: $42,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 10, 2052
  • Third Open Lien Mortgage Lender: FIRST-CITIZENS BK & TR CO
  • Third Open Lien Mortgage Recording Date: Feb 26, 2024
  • Third Open Lien Mortgage Loan Amount: $62,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 26, 2054

    Market Valuation

  • Market Total Value: $321,452
  • Market Land Value: $47,300
  • Market Improvement Value: $274,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,452
  • Assessed Land Value: $47,300
  • Assessed Improvements Value: $274,152

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11856729514
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 02, 2011
  • Previous Sale Contract Date: Nov 09, 2011
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 02, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $68,469
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Mebane



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Unit for rent at 7017 Grainfield Road, Mebane, NC, 27302

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Unit for rent at 908 Hillman Lane, Mebane, NC, 27302

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Frequently Asked Questions

What neighborhood is 460 Cedar Lane located in?
The 460 Cedar Lane is a located in the neighborhood of Alamance in Mebane, Mebane.
What is the average sales price for listings in 460 Cedar Lane?
The average sales price for units in 460 Cedar Lane is $0 currently.

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