NOT LISTED FOR SALE

1008 Lake Michael Way Mebane, NC 27302

Estimated Value: $328,323 - $361,000

3 Beds
2 Baths
1,502 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $325,000 $216 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,294/month

1 Day on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Community Pool
  • Wood Flooring
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of April 2022

MULTIPLE OFFERS! BEST TERMS BY SUN, 4/3 @ 3pm. Gorgeous end town home in Village at Lake Michael. Open floor plan Hardwood floors, spacious bedrooms with carpet. Vaulted ceiling in family room, Kitchen w/Granite counters, all kitchen appliances remain, Laundry Room(W/D convey), cabinet storage, access to 2-car Garage. Owners suite w/Tray ceiling, large walk-in closet, Large owner bath w/walk-in shower. 10x12 private patio. 2 additional parking spots in exterior lot.

Last Agent to Sell the Property

Tina Brooks

REALTY ONE GROUP RESULTS License #308731 Listed on: 03/27/2022

REALTY ONE GROUP RESULTS

Last Buyer's Agent

Ginger Vereen

Keller Williams Legacy License #268611

Keller Williams Legacy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 2016

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit
  • Landscaped

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Priestley Management Association
  • The Village At Lake Michael Subdivision

Recreation

  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,994

Year Built

Built in 2016

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Subdivision Name: The Village at Lake Michael
  • Above Grade Finished Sq Ft: 1502.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1502.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Primary Downstairs, Shower Only, Tray Ceiling(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.06
  • Common Walls: End Unit
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Door Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: Priestley Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Priestley Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 170.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2994.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2022
Closed on
Apr 4, 2022
Sold by
Anne Madden Cyndee
Bought by
Ra Young and Ra Seung
Seller's Agent
Tina Brooks
REALTY ONE GROUP RESULTS
Buyer's Agent
Ginger Vereen
Keller Williams Legacy
List Price
$310,000
Sold Price
$325,000
Premium/Discount to List
$15,000
4.84%
Current Estimated Value
$345,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,831
Avg. Annual Appreciation
1.77%

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 29, 2020
Sold by
Sickles David Robert and Sickles Rebecca Teed
Bought by
Madden Cyndee
Seller's Agent
Cindy Dudley
Keller Williams Central
List Price
$230,000
Sold Price
$223,000
Premium/Discount to List
-$7,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%
Original Mortgage
$223,000
Interest Rate
3.72%
Mortgage Type
New Conventional
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
Ra Young $325,000 Brady Law Firm Pllc
Madden Cyndee $223,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madden Cyndee $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $325,000 -- --
04/11/2022 04/11/22 Sold $325,000 +4.8% $216 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $310,000 +39.0% $206 / Sq Ft
02/14/2020 02/14/20 Sold $223,000 -3.0% $147 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $230,000 +21.3% $152 / Sq Ft
04/12/2016 04/12/16 Sold $189,600 +5.4% $146 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
08/04/2015 08/04/15 For Sale $179,900 -- $138 / 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
2025 $3,548 $342,700 $110,000 $232,700
2024 $2,774 $225,000 $40,000 $185,000
2023 $2,807 $225,000 $40,000 $185,000
2022 $3,022 $225,000 $40,000 $185,000
2021 $2,994 $225,000 $40,000 $185,000
2020 $2,550 $183,500 $10,000 $173,500
2018 $2,555 $183,500 $10,000 $173,500
2017 $1,377 $183,500 $10,000 $173,500
2016 $1,377 $92,800 $20,600 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2438805

Doorify MLS

APN: 9825477068