NOT LISTED FOR SALE

1016 Lake Michael Way Mebane, NC 27302

Estimated Value: $295,000 - $314,000

2 Beds
2 Baths
1,179 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 1016 Lake Michael Way, Mebane, NC 27302 and is currently estimated at $306,667, approximately $260 per square foot. 1016 Lake Michael Way is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Bradford Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
Mebane Town Homes Llc
Bought by
Payne Gregory Thomas
Current Estimated Value
$306,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Outstanding Balance
$691,071
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$384,404
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Payne Gregory Thomas $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Gregory Thomas $830,000
Source: Public Records

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 $3,234 $311,600 $110,000 $201,600
2024 $2,490 $202,000 $40,000 $162,000
2023 $2,529 $202,000 $40,000 $162,000
2022 $2,723 $202,000 $40,000 $162,000
2021 $2,698 $202,000 $40,000 $162,000
2020 $2,261 $161,900 $10,000 $151,900
2018 $0 $161,900 $10,000 $151,900
2017 $0 $0 $0 $0
Source: Public Records

Map

North Carolina Orange County Mebane 27302

1016 Lake Michael Way, Mebane, NC

This home is located at 1016 Lake Michael Way, Mebane, NC 27302 and is currently estimated at $306,667, approximately $260 per square foot. 1016 Lake Michael Way is a home located in Orange County with nearby schools including Efland Cheeks Elementary School, Gravelly Hill Middle, and Bradford Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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