2 months on rocket

625 N Mebane St, Burlington, NC, 27215

$124,900

Home List Price

$1,483*

Closing Credit

3 Bedrooms
2 Full Baths
1,385 SqFt
$90/SqFt
House
Schools Nearby

Location

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625 N Mebane St, Burlington$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Gravel
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #10010156
Lot Size0.23 Acres
StatusActive

About 625 N Mebane St

Amazing opportunity to own a Group Home with an incredible rental history, Current lessee is a group home administrator and is paying $800 per month and the lessee is month to month at this juncture. Lessee is responsible for all property maintenance except the roof and the HVAC. Current owner has replaced the HVAC unit.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Living Area: 1,385 SqFt

Listing Office:

  • Office Name: Coldwell Banker - HPW
  • Office Phone: (919) 960-6300
  • Listing Agent: Bryan P Guarnieri

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Gravel

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; House will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $367
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burlington, NC.

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Burlington, NC

City

Med. Sold Price

$262.6K

Med. Price/SqFt

$171

Avg. Days On Market

46

# of Sold Homes

100

625 N Mebane St vs Burlington

82 DAYS ON ROCKET

+36 Days

$124,900

-$137.7K Less

$90/SqFt

-$82 Less

KEY TAKEAWAY

This property is $137.7K less than the Median Sold Price and $82/SqFt less than other homes in Burlington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10010156

Listing Office:

  • Office Name: Coldwell Banker - HPW
  • Office Phone: (919) 960-6300
  • Listing Agent: Bryan P Guarnieri

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2015Home Sold
$93,000

Tax History

YEARPROP. TAXASSESSMENT
2021$367$61,718
2020$780$61,718
2018$730$61,718
2017$727$61,718

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2817223
4
/10

  • Harvey R Newlin Elementary School

  • 316 Carden St

  • 1.35 miles

  • Public District Grades PK-5

school-card-donut-2817224
2
/10

  • Eastlawn Elementary School

  • 502 N Graham Hopedale Rd

  • 1.35 miles

  • Public District Grades PK-5

school-card-donut-2817225
4
/10

  • Grove Park Elementary School

  • 141 Trail One

  • 2.03 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,885. Most Burlington, NC residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 625 N Mebane St

What is the listing price of this property?

The listing price of 625 N Mebane St property is $124,900.

What type of property is this?

The property 625 N Mebane St is a house located in Burlington, North Carolina, 27215.

Is this property for sale now?

Active Listing: 625 N Mebane St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $367 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2015 for $93,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 625 N Mebane St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 625 N Mebane St is 1,385 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 625 N Mebane St is 1925.

Rocket Homes›North Carolina›Alamance County›Burlington›27215›625 N Mebane St

This home is located at 625 N Mebane St in Burlington, NC and zip code 27215. This 1,385 square foot home, which was built in 1925, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $124,900.

While more than 23 listings in Burlington, NC in March 2024 were sold above asking price, there were more than 39 listings sold at asking price, and more than 38 were sold below. Between February 2024 and March 2024, Burlington, NC real estate market has seen increase in the number of listings by 9.6%. While the average time on the market in March 2024 was 46 days, the median list price was $262,606.

From Rocket Homes Real Estate and based on county public records data.

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