NOT LISTED FOR SALE

1014 Lake Michael Way Mebane, NC 27302

Estimated Value: $282,000 - $304,000

2 Beds
2 Baths
1,182 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $300,000 $254 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,993/month

35 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Fishing
  • Community Lake
  • Cathedral Ceiling

About This Home

As of October 2024

Beautiful 2BR/2BA Ranch Townhome in The Village at Lake Michael. Enjoy low maintenance living convenient to downtown Mebane and walking distance to the lake, fishing, & boating. Open floor plan with Ceramic Tile Flooring throughout--no carpet. Spacious Master Suite with trey ceilings and large Walk-In-Closet. Master Bath with Tiled Walk-In Shower and Dual Vanity. Second Bedroom with Full Bath. Vaulted Ceiling in Living Room and Eat-In-Area. Kitchen features Granite Counters, Bar Seating, Corner Pantry, Lots of cabinet space, and SS appliances. Laundry Room off Kitchen. Natural light surrounds you in the Sunroom--perfect for reading, relaxing, and your morning cup of coffee! 10x12 patio with privacy fence. HOA dues cover all exterior maintenance. Enjoy the community pool, clubhouse, and gym. Just a short drive to Tanger Outlets and I-40/85.

Last Agent to Sell the Property

Ginger Meza

Fathom Realty NC, LLC License #286846 Listed on: 08/23/2024

Fathom Realty NC, LLC

Last Buyer's Agent

Daniel Snow

Fathom Realty NC, LLC License #322951

Fathom Realty NC, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 2017

Lot Details

  • 2,178 Sq Ft Lot
  • Partially Fenced Property

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Stone

Interior Spaces

  • 1,182 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9825478077

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Priestley Management Association, Phone Number (336) 379-5007
  • The Village At Lake Michael Subdivision
  • Maintained Community
  • Community Lake

Recreation

  • Powered Boats Allowed
  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,460

Year Built

Built in 2017

Lot Details

0

HOA Fees

$188 per month

Parking

1

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Village at Lake Michael
  • Above Grade Finished Sq Ft: 1182.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 3363795007
  • Laundry Features Laundry Closet: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 188.0
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1182.0
  • Room Types Primary Bathroom Level: Main
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • Roof Architectural Shingle: Yes
  • Fencing Partial2: Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, Granite Counters, High Ceilings, Open Floorplan, Pantry, Separate Shower, Smart Camera(s)/Recording, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Community Features:Fitness Center2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Lake: Yes
  • Interior Features:Smart Camera(s)Recording2: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Community Features:Fishing: Yes
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Rain Gutters, Smart Camera(s)/Recording
  • Fencing: Partial
  • Acres: 0.05
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Smart Camera(s)Recording: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Fitness Center, Lake, Pool, Sidewalks, Street Lights
  • Association Fee: 188.0
  • Association Fee Frequency: Monthly
  • Association Name: Priestley Management
  • Phone: 336-379-5007
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Priestley Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Powered Boats Allowed: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 188.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9825478077
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 25, 2024
Sold by
Crockett Barbara Jane
Bought by
Rivas Rangel Irasema
Seller's Agent
Ginger Meza
Fathom Realty NC, LLC
Buyer's Agent
Daniel Snow
Fathom Realty NC, LLC
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Views
65
Current Estimated Value
$293,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,189
Avg. Annual Appreciation
-2.06%
Original Mortgage
$240,000
Outstanding Balance
$237,404
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$56,407

Purchase Details

Listed on
Oct 4, 2023
Closed on
Oct 31, 2023
Sold by
Sierra Francisco D and Sierra Claudia P
Bought by
Crockett Barbara Jane
Seller's Agent
John Tatreau
SoldByJohnT Realty
Buyer's Agent
Daniel Snow
Fathom Realty NC, LLC
List Price
$315,000
Sold Price
$315,000
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%
Original Mortgage
$236,250
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Mebane Town Homes Llc
Bought by
Sierra Francisco D and Munoz Claudia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,938
Interest Rate
3.95%
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
Rivas Rangel Irasema $300,000 None Listed On Document
Crockett Barbara Jane $315,000 None Listed On Document
Sierra Francisco D $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Rangel Irasema $240,000
Previous Owner Crockett Barbara Jane $236,250
Previous Owner Sierra Francisco D $172,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $300,000 0.0% $254 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $300,000 -2.6% $254 / Sq Ft
09/05/2024 09/05/24 Price Changed $308,000 -2.2% $261 / Sq Ft
08/23/2024 08/23/24 For Sale $315,000 -- $266 / 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 $3,205 $308,700 $110,000 $198,700
2024 $2,463 $199,800 $40,000 $159,800
2023 $2,503 $199,800 $40,000 $159,800
2022 $2,695 $199,800 $40,000 $159,800
2021 $2,670 $199,800 $40,000 $159,800
2020 $2,233 $159,800 $10,000 $149,800
2018 $0 $159,800 $10,000 $149,800
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Ginger Meza

    Fathom Realty NC, LLC

    Section Image

  • D

    Buyer's Agent in 2024

    Daniel Snow

    Fathom Realty NC, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 10048729

Doorify MLS

APN: 9825478077

North Carolina Orange County Mebane 27302

1014 Lake Michael Way, Mebane, NC

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