tomo logo

$2,250,000

Beds
4
Baths
4.0
sq ft
4,800

3542 Bason Road, Mebane, NC 27302

3542 Bason Road

Mebane, NC 27302

  • 80 days on market
The Griffis-Patton House is a historic two-story Greek Revival home on over 10 acres with views of Mebane-Graham Lake. The home features a front sitting room, library, family room, large dining area, and a 21st-century kitchen with exposed beams, brick walls, and Blue-Star Gas Range. Off the kitchen is a walk-in pantry with washer/dryer hook up. The downstairs primary bedroom boasts tray ceilings, a bathroom with a walk-in shower, antique copper tub, heated floors, and multiple closets. Upstairs, you'll find a second-floor foyer and a second primary suite. The second primary bathroom hosts a jetted tub, walk in shower, skylight and balcony. Also upstairs is two more bedrooms, another full bathroom, and plenty of closet space. The backyard includes an in-ground pool with a new liner and pump. The original kitchen was moved and converted into a workout space. Enjoy raised gardens, gazebo, historic well, garden house, wood shed, tree house, and large barn all on the property. Listed as a historic property in 1983, the home has been meticulously restored, including updated plumbing and electrical. Located 10 minutes from I-40 and 25-40 minutes from nearby cities and airports, this one-of-a-kind property offers a blend of historical charm and modern convenience, awaiting an owner who will appreciate its significance and beauty. Refrigerator will convey, the medicine cabinet in the downstairs hall bathroom does not convey.

Details

Property type

Single Family Residence

Est. home value

$972,230

Property condition

Updated/Remodeled

Lot size

10.17 acres

Price per sq ft

$469

Year built

1839

Annual property taxes

$2,288.49

Price History

10/03/2024
TriadMLS

TriadMLS #1150717

Removed
$2,300,000
+2.22%
10/03/2024
TriangleMLS

TriangleMLS #10056178

Listed
$2,250,000
-2.17%
08/01/2024
TriadMLS

TriadMLS #1150717

Listed
$2,300,000
+224.4%

Schools & Community

Elementary school: 

Alamance - Pleasant Grove

Middle school: 

Alamance - Woodlawn

High school: 

Alamance - Eastern Alamance

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,659,258
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$410,742
Cash to seller
$1,659,258

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

August 2012

Original loan amount

$575,021

Est. remaining balance

$410,742

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Dennis Ross and Sherry Sedberry Ross

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 2:10 AM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Lucinda Dudley, Keller Williams Central Phone #: (336) 227-4433

MLS: TriangleMLS #10056178

TriangleMLS logo

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