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502 South 5th Street

502 South 5th Street, Mebane, NC 27302
Property in Alamance
Sold Jul 07, 2009
Transfer
$100,000 by Communityone Bank
Mortgage
Sold Jun 11, 1990
$77,500
502 South 5th Street in Mebane, NC was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 502 South 5th Street has 2,330 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,216 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of B-. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Prior to that sales transaction, the property was also sold in Jun 11, 1990 for $77,500. 502 South 5th Street was last assessed in 2022. The total value of the property was assessed at $75,515. Specifically, the land the property is located on was valued at $30,200. While improvements on the property were assessed at a total of $45,315. 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 $846. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Building Style: Cape Cod
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,330
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CALVIN TATE LAND
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: HL FIFTH ST LT 2 210-836-2

Ownership

  • Current Owner : BOYLE ALICE D
  • Previous Owner : BAMBERGER WILLIAM L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: EASTERN
  • Census Tract: 021206

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: PM 9825
  • Account Number: 574445
  • Parcel: 167879
  • Lot: 2
  • Municipality: MELVILLE
  • Latitude: 36.0906
  • Longitude: -79.2694

    Address

  • Full Address: 502 S Fifth St
  • Address - House Number: 502
  • Street Direction: S
  • Address - Street Name: Fifth
  • Address - Suffix Type: St
  • State: NC
  • City Name: Mebane
  • Carrier Code: C002
  • 4-Digit Zip Code: 3202
  • Zip Code: 27302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $846
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 61
  • Final Value: 292,659
  • High Value: 372,068
  • Low Value: 213,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: COMMUNITYONE BANK
  • First Open Lien Mortgage Recording Date: Jul 07, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: $75,515
  • Market Land Value: $30,200
  • Market Improvement Value: $45,315

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,515
  • Assessed Land Value: $30,200
  • Assessed Improvements Value: $45,315

    Sales

  • Current Sale Contract Date: Jul 01, 2009
  • Current Sale Recording Date: Jul 07, 2009
  • Current Sale Transaction ID: 1107053739
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 11, 1990
  • Previous Sale Contract Date: Jun 11, 1990
  • Previous Sale Amount: $77,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITYONE BANK
  • First Mortgage Transaction Date: Jul 07, 2009
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mebane



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Frequently Asked Questions

What neighborhood is 502 South 5th Street located in?
The 502 South 5th Street is a located in the neighborhood of Alamance in Mebane, Mebane.
What is the average sales price for listings in 502 South 5th Street?
The average sales price for units in 502 South 5th Street is $0 currently.

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