$270,000
SOLD MAR 14, 2023

1022 Lake Michael Way Mebane, NC 27302

Cheeks Neighborhood
2 Beds
2 Baths
1,179 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

  • Cathedral Ceiling
  • Sun or Florida Room
  • Attached Garage
  • Wood Flooring
  • Porch
  • Brick Exterior Construction

About This Home

As of December 2024

Immaculate one level townhome located in desirable The Village at Lake Michael in Mebane! Enjoy low maintenance living convenient to downtown Mebane and just walking distance to the lake, fishing & boating. Open floor plan with a spacious master suite with trey ceilings, large WIC & master bath with walk-in shower. Spacious Second Bedroom on the main with full bath. Vaulted living room ceiling with an eat in area. Kitchen offers plenty of cabinets for storage and a pantry. Enjoy the natural light in the sunroom - perfect for relaxing or reading! Private 10x12 patio with privacy fence for enjoying coffee. HOA dues cover all exterior maintenance. Don't miss out on this property!

Last Agent to Sell the Property

Jason Scott

Keller Williams Realty United License #283059 Listed on: 12/05/2022

Keller Williams Realty United

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 2017

Lot Details

  • 2,178 Sq Ft Lot
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

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

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9825-57-0027-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 2017

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Unit Levels: One
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • Cooling Ceiling Fan(s): Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Pantry, Other
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Other17: Yes

Exterior Features

  • Acres: 0.05
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Paved
  • Parking Features:Attached: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 173.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 173.0
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9825-57-0027-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 30, 2024
Sold by
Campbell Tammy
Bought by
Ashley Vicki Collins
Seller's Agent
Kalah Edrington
KELLER WILLIAMS ONE
Buyer's Agent
Sonia Sweat
eXp Realty, LLC #2
List Price
$295,000
Sold Price
$295,000
Views
27
Current Estimated Value
$297,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,839
Avg. Annual Appreciation
3.13%
Original Mortgage
$95,000
Outstanding Balance
$94,755
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$205,841

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 3, 2023
Sold by
Erdt Maria R
Bought by
Campbell Tammy Ann
Seller's Agent
Jason Scott
Keller Williams Realty United
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Views
215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$220,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 26, 2021
Sold by
Leuburn Patricia Ann
Bought by
Erdt Maria R
Seller's Agent
Hank Dunn
Keller Williams Central
Buyer's Agent
Hank Dunn
Keller Williams Central
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$184,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2018
Sold by
Beck Kevin R and Beck Phyllis R
Bought by
Leyburn Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2017
Sold by
Mebane Town Homes Llc
Bought by
Beck Kevin R and Beck Phyllis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,535
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 None Listed On Document
Warranty Deed $270,000 --
Warranty Deed $205,000 None Available
Warranty Deed $180,000 None Available
Warranty Deed $155,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $118,000 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $147,535 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $295,000 0.0% $242 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $295,000 +9.3% $242 / Sq Ft
03/14/2023 03/14/23 Sold $270,000 -6.9% $229 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $290,000 +41.5% $246 / Sq Ft
01/26/2021 01/26/21 Sold $205,000 0.0% $174 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $205,000 -- $174 / 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
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 $2,242 $159,800 $10,000 $149,800
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 126294

Doorify MLS

APN: 9825570027