NOT LISTED FOR SALE

Estimated Value: $398,398 - $438,000

3 Beds
2.5 Baths
2,401 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $415,000 $173 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,680/month

40 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Wood Flooring
  • Clubhouse
  • Contemporary Architecture
  • Bonus Room

About This Home

As of June 2024

Have you been looking for your dream home, minutes to downtown Mebane, with a 3.369% INTEREST RATE that you can take over? Look no further. Your next chapter begins at 502 Blue Lake, a home districted for *Orange Co. Schools* which has been well cared for, and is ready for its next owner. The downstairs features a flowing floor plan, 23' wide front porch, and spacious rear deck. Upstairs features 3 large bedrooms with an oversized bonus that makes a great 4th bedroom, home office, bonus room, or more. The upstairs loft could even be finished-off for a small office, 5th bedroom, or storage/utility room. With the two-car garage and large driveway, you can park six cars off-street. Backyard features an oversized patio and is ready for fencing for any furry friends! New STEM charter school (West Triangle High School) planned less than 2 miles down the road.

Last Listed By

Patrick Madigan

Keller Williams Realty License #283373 Listed on: 03/07/2024

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Deck
  • Patio

Schools

  • Efland Cheeks Elementary School
  • Gravelly Hill Middle School
  • Orange High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9825643538

Community Details

Overview

  • Association fees include trash
  • Ashbury HOA Via Red Rock Mgmt Association, Phone Number (888) 757-3376
  • Ashbury Subdivision

Amenities

  • Trash Chute
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,417

Year Built

Built in 2006

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Trash
  • Subdivision Name: Ashbury
  • Above Grade Finished Sq Ft: 2401.0
  • Architectural Style: Contemporary, Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 888-757-3376
  • Architectural Style Contemporary: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 34.65
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2401.0
  • Cooling Ceiling Fan(s): Yes
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Interior Amenities: Granite Counters, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Exhaust Fan: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage, Paved
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Paved2: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 103.95
  • Association Fee Frequency: Quarterly
  • Association Name: Ashbury HOA via Red Rock Mgmt
  • Phone: 888-757-3376
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Ashbury HOA via Red Rock Mgmt
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 103.95
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Orange - Orange
  • Middle Or Junior School: Orange - Gravelly Hill

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9825643538
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3417.03
  • Tax Year: 2023

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 25, 2024
Sold by
Glean Jacobs Jeremy and Anzalone Alyssa
Bought by
Hillaker Lorn and Hillaker Heather
Seller's Agent
Patrick Madigan
Keller Williams Realty
Buyer's Agent
Sharon Clarke
Accord Realty Group
List Price
$415,000
Sold Price
$415,000
Total Days on Market
40
Views
332
Current Estimated Value
$421,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,600
Avg. Annual Appreciation
2.01%

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 23, 2022
Sold by
Prestige Home Solutions Llc
Bought by
Jacobs Jeremy Glenn and Jacobs Alyssa Anzalone
Seller's Agent
Nicholas Yarrington
Grow Local Realty, LLC
Buyer's Agent
Bill Stevenson
Compass -- Chapel Hill - Durham
List Price
$389,900
Sold Price
$450,000
Premium/Discount to List
$60,100
15.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.44%
Original Mortgage
$393,000
Interest Rate
3.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 21, 2021
Sold by
Hankerson Allen L and Hankerson Juana
Bought by
Prestige Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
2.88%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2007
Sold by
Olde South Homes Inc
Bought by
Hankerson Allen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,033
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Ashbury Associate Residential I Jv
Bought by
Olde South Homes Inc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hillaker Lorn $415,000 None Listed On Document
Jacobs Jeremy Glenn $450,000 Mann Mcgibney & Jordan Pllc
Prestige Home Solutions Llc $252,500 None Available
Hankerson Allen L $229,500 None Available
Olde South Homes Inc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobs Jeremy Glenn $393,000
Previous Owner Prestige Home Solutions Llc $233,750
Previous Owner Hankerson $175,900
Previous Owner Hankerson $8,000
Previous Owner Hankerson Allen L $172,033
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $415,000 +3.8% $173 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $400,000 -3.6% $167 / Sq Ft
03/07/2024 03/07/24 For Sale $415,000 -7.8% $173 / Sq Ft
12/14/2023 12/14/23 Off Market $450,000 -- --
03/04/2022 03/04/22 Sold $450,000 +15.4% $188 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $389,900 -- $163 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,495 $283,500 $45,000 $238,500
2023 $3,512 $283,500 $45,000 $238,500
2022 $3,646 $272,900 $45,000 $227,900
2021 $3,612 $272,900 $45,000 $227,900
2020 $3,200 $232,100 $30,000 $202,100
2018 $0 $232,100 $30,000 $202,100
2017 $3,758 $232,100 $30,000 $202,100
2016 $3,758 $266,879 $37,813 $229,066
2015 $2,450 $266,879 $37,813 $229,066
2014 $2,410 $266,879 $37,813 $229,066
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10015777

Doorify MLS

APN: 9825643538