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Orange 27302
5502 W US 70 W
$165,000
● House - Off Market

5502 W US 70 W

Mebane, NC 27302
bedrooms
3 Beds
bathrooms
2 Baths
$175,495
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Great Potential-Location-Acreage (over 1.5 acres)! VERY Rare opportunity in area for home under 150,000 given that there's hardly any inventory under 200k. Potential is there for up-fit or remodel to create a gem.  New roof in 2015, HVAC in 2014, new water line from street in 2020, stovetop and dryer in 2014, new H2O heater in 2012. Multiple storage buildings, refrigerator, and gas dryer to remain. Note: Owners/heirs have not lived in home in decades and purchase is "As-Is" (structural, mechanical, and environmental, etc) with no repairs to be completed by sellers. Come do the updates for potential massive equity or fix it up to keep. Wonderful location. Buyers verify schools. Railroad right behind property. Note: Owner nextdoor with the shared driveway has expressed interest in possibly putting up a fence along property line, so it should be noted that the driveway would need to be widened in near future. putting up a fence along property line, so it should be noted that the driveway would need to be widened in near future.
Unit Size
-
Days on Market
-
Land Size
1.63 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

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Last updated: 2 years ago (TMLS #118514)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Sold
May 26, 2021 Listed by Keep The Green Realty $149,990
Listed by Keep The Green Realty
Aug 1, 1979 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 1,516
  • Gross Building Area: 3,226
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: S/S US 70 P18/186

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011103

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 318/346
  • District: 3
  • Parcel: 9834-79-7556
  • Municipality: CHEEKS
  • Latitude: 36.0848
  • Longitude: -79.2106

    Address

  • Full Address: 5502 Us 70 W
  • Address - House Number: 5502
  • Street Segment Direction: W
  • Address - Street Name: Us 70
  • State: NC
  • City Name: Mebane
  • Carrier Code: R008
  • 4-Digit Zip Code: 8804
  • Zip Code: 27302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,480
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: EFFR,ORAG

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 70
  • Final Value: 268,275
  • High Value: 325,987
  • Low Value: 210,564

    Market Valuation

  • Market Total Value: $153,800
  • Market Land Value: $32,200
  • Market Improvement Value: $121,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,800
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $121,600

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30049641
  • Previous Sale Recording Date: Aug 01, 1979
  • Previous Sale Contract Date: Aug 01, 1979
  • Previous Sale Amount: $5,200
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Orange


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Frequently Asked Questions

When was property at 5502 U.S. 70 built and last sold?
The property at 5502 U.S. 70 was built in 1942 and last sold on Jun 10, 2021 for $165,000.
How much is this home worth?
The estimated value of the home located at 5502 U.S. 70 is $151,490.
What are some comparable homes to 5502 U.S. 70?
There are currently no comparable homes to 5502 U.S. 70.