NOT LISTED FOR SALE

1006 Lake Michael Way Mebane, NC 27302

Estimated Value: $340,000 - $396,000

3 Beds
3 Baths
1,800 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $174,650 $97 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,327/month

189 Days on Market

Highlights

  • Newly Remodeled
  • Attic
  • 1 Car Attached Garage
  • Main Floor Primary Bedroom
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

New construction two level townhouse with double master suites and garage. Master on the main includes tray ceiling, walk-in shower, oil rubbed bronze fixtures, and WIC. Vaulted ceilings in living/dining room, kitchen with 42” cabinets, granite, breakfast bar, pantry, & recessed lights. Laundry, 2nd bedroom, and sunroom on first. Huge 2nd floor master with sitting area, large bath and walk-in closet. Amenities include pool, gym, clubhouse, and lawn care! Enjoy the Tanger Outlets only minutes away.

Last Agent to Sell the Property

David andersen

Building Concepts Realty LLC License #277006 Listed on: 08/04/2015

Last Buyer's Agent

David andersen

Building Concepts Realty LLC License #277006 Listed on: 08/04/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,639 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number 9825573872
  • 1% Total Tax Rate

Community Details

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,509

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$145 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: None
  • Directions: I-40/85 to exit 154, North on Mebane Oaks Rd past Tanger Outlet Mall, Right on 5th Street, Right on Stagecoach, Right on Lebanon, Left on Lake Michael Way.
  • Above Grade Finished Sq Ft: 1639
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: Townhouse
  • Year Built: 2015
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1639
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: City Lot
  • Pool Features: Community
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 145
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 9825573872
  • Zoning: 24
  • TRIADMLS_PricePerAcre: 4247500
  • TRIADMLS_DeedPage: 575
  • TRIADMLS_DeedBook: 5880
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Lot: 175
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Apr 12, 2016
Sold by
Mebane Town Homes Llc
Bought by
Sickles David Robert and Sickles Rebecca Teed
Seller's Agent
David andersen
Building Concepts Realty LLC
Buyer's Agent
David andersen
Building Concepts Realty LLC
List Price
$169,900
Sold Price
$174,650
Premium/Discount to List
$4,750
2.8%
Current Estimated Value
$357,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,936
Avg. Annual Appreciation
7.77%
Original Mortgage
$180,120
Outstanding Balance
$141,041
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$216,545

Purchase Details

Listed on
Aug 4, 2015
Closed on
Mar 29, 2016
Bought by
Hyatt Ann and Hyatt Keith
Seller's Agent
David andersen
Building Concepts Realty LLC
Buyer's Agent
David andersen
Building Concepts Realty LLC
List Price
$169,900
Sold Price
$174,650
Premium/Discount to List
$4,750
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,120
Outstanding Balance
$141,041
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$216,545
Source: Public Records

Range of Values:

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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
Sickles David Robert $190,000 None Available
Hyatt Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sickles David Robert $180,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $174,650 +2.8% $125 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
08/04/2015 08/04/15 For Sale $169,900 -- $121 / Sq Ft
Source: Triad 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
2025 $3,509 $338,900 $110,000 $228,900
2024 $2,741 $222,300 $40,000 $182,300
2023 $2,774 $222,300 $40,000 $182,300
2022 $2,987 $222,300 $40,000 $182,300
2021 $2,960 $222,300 $40,000 $182,300
2020 $2,520 $181,300 $10,000 $171,300
2018 $0 $181,300 $10,000 $171,300
2017 $1,337 $181,300 $10,000 $171,300
2016 $1,337 $97,700 $20,300 $77,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David andersen

    Building Concepts Realty LLC

    (919) 593-6217

    33 Total Sales

    David andersen
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Map

Source: Triad MLS

MLS Number: 766920

Triad MLS

APN: 9825477038

North Carolina Orange County Mebane 27302

1006 Lake Michael Way, Mebane, NC

This home is located at 1006 Lake Michael Way, Mebane, NC 27302 since 04 August 2015 and is currently estimated at $357,586, approximately $198 per square foot. This property was built in 2015. 1006 Lake Michael Way is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Bradford Academy.

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