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502 Third St

Mebane, NC 27302

3 bd 2 ba 1,433 sqft Built 1948 Lot 7,710 sqft single_family
Most recent sale
$271,500
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $271,500 MLS #2475465
Sep 22, 2022 Listed $275,000 MLS #2475465
Jul 17, 2019 Sold $187,000 Public Record
Jun 10, 2019 Price changed $185,000 MLS #2255327
May 29, 2019 Price changed $199,900 MLS #2255327
May 16, 2019 Listed $209,000 MLS #2255327
Jun 21, 2017 Sold $145,000 Public Record
Feb 18, 2013 Sold $94,000 Public Record
Oct 24, 2012 Price changed $104,900 MLS #1856809
Sep 28, 2012 Listed $114,900 MLS #1856809
Sep 5, 2002 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $239,886 $50,000 $289,886 $2,492
2024 $239,886 $50,000 $289,886 $2,419
2023 $239,886 $50,000 $289,886 $2,313
2022 $75,362 $35,000 $110,362 $1,229
2021 $75,362 $35,000 $110,362 $1,240
2020 $75,362 $35,000 $110,362 $1,252
2019 $75,362 $35,000 $110,362 $1,258
2018 $75,362 $35,000 $110,362 $1,170
2017 $75,362 $35,000 $110,362 $1,159
2016 $61,557 $22,500 $84,057 $899
2015 $61,557 $22,500 $84,057 $485
2014 $61,557 $22,500 $84,057 $446
2013 $61,557 $22,500 $84,057 $454
2012 $61,557 $22,500 $84,057 $435
2011 $61,557 $22,500 $84,057 $437
2010 $61,557 $22,500 $84,057 $437
2009 $61,557 $22,500 $84,057 $437
2008 $59,286 $17,550 $76,836 $830
2007 $59,286 $17,550 $76,836 $445

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,433 sqft
Lot size
7,710 sqft
ZIP code
27302
City
Mebane
Street
Third St
Coordinates
36.09145, -79.27234

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,935
Gross rental yield
8.55%
Implied cap rate
5.56%
Trend-extrapolated value

Frequently asked questions

When did 502 Third St last sell?
502 Third St most recently sold on Oct 21, 2022 for $271,500.
What is the current tax assessment for 502 Third St?
The most recent total assessment for 502 Third St (year 2025) is $289,886 with $2,492 in property tax.
How does 502 Third St's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $271,500.
When was 502 Third St built?
502 Third St was built in 1948.
How does 502 Third St compare to others on Third St?
We track 8 other properties on Third St. Browse the list under "Other properties on Third St" to compare beds, baths, and sale history.
What are the property facts for 502 Third St?
502 Third St is a 3 bed, 2 bath, 1,433 sqft, 7,710 sqft lot single_family.
Is 502 Third St a flip candidate?
No — 502 Third St does not appear in our flips dataset.
Is 502 Third St a tax-appeal candidate?
No — 502 Third St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.0%
Implied 1-yr
-11.8%
2026 Q3
$399K
2026 Q4
$399K
ZIP 27302 — Median Price History + Forecast

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