NOT LISTED FOR SALE

404 Lagoon Ln Mebane, NC 27302

Estimated Value: $378,000 - $429,000

4 Beds
2.5 Baths
2,433 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $373,000 $153 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,496/month

164 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage

About This Home

As of October 2024

Experience everyday excellence in this stunning property. The centerpiece in the living area is a sleek kitchen with an oversized island that invites conversation and connection. The accent backsplash adds a pop of style to the well-appointed space. Neutral color paint scheme flows through the home seamlessly, providing a sophisticated canvas for your personal style. As you continue through the property, you will find a generous patio, bringing the indoors outside for alfresco dining and entertaining. The primary bathroom pampers you with double sinks, a feature seldom seen in similar properties. From its tasteful design to its impressive features, this property invites you to live the life you've always wanted.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 04/10/2024

Co-Listed By

Lisa McGill

Opendoor Brokerage LLC License #318865

Last Buyer's Agent

Frank Casadonte

Hillsborough Real Estate Group License #304092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 2021

Lot Details

  • 7,841

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Association fees include unknown
  • The Retreat At Lake Michael Community Association, Phone Number (336) 379-5007
  • The Retreat At Lake Michael Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9825780568

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,800

Year Built

Built in 2021

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: The Retreat at Lake Michael
  • Above Grade Finished Sq Ft: 2433.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • General Property Information Association Phone: 336-379-5007
  • General Property Information Senior Community YN: No
  • Architectural Style Contemporary: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 50.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2433.0
  • Roof Composition: Yes
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2433.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Composition, Shingle
  • Acres: 0.18
  • Construction Type: Brick, Vinyl Siding, Other
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0
  • 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: 1.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Retreat At Lake Michael Community Association
  • Phone: 336-379-5007
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Retreat At Lake Michael Community Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 9825780568

Tax Info

  • Tax Annual Amount: 3800.31
  • Tax Year: 2023

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Oct 21, 2024
Sold by
Opendoor Property Trust
Bought by
Elgar Ellen Victoria and Warwick Elgar Duncan
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Frank Casadonte
Hillsborough Real Estate Group
List Price
$425,000
Sold Price
$373,000
Premium/Discount to List
-$52,000
-12.24%
Views
195
Current Estimated Value
$400,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,728
Avg. Annual Appreciation
5.86%
Original Mortgage
$354,350
Outstanding Balance
$350,518
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$50,210

Purchase Details

Closed on
Apr 3, 2024
Sold by
Dew Michael and Dew Ashley
Bought by
Opendoor Property Trust

Purchase Details

Closed on
May 17, 2021
Sold by
Kb Home Raleigh Durham Inc
Bought by
Dew Michael and Dew Ashely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,791
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2020
Sold by
Lebanon Road 2 Llc
Bought by
Kb Home Raleigh Durham Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Elgar Ellen Victoria $373,000 None Listed On Document
Elgar Ellen Victoria $373,000 None Listed On Document
Opendoor Property Trust $385,500 None Listed On Document
Dew Michael $300,000 None Available
Kb Home Raleigh Durham Inc $2,166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elgar Ellen Victoria $354,350
Closed Elgar Ellen Victoria $354,350
Previous Owner Dew Michael $299,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $373,000 -1.8% $153 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $380,000 -1.0% $156 / Sq Ft
07/18/2024 07/18/24 Price Changed $384,000 -0.8% $158 / Sq Ft
07/04/2024 07/04/24 Price Changed $387,000 -1.5% $159 / Sq Ft
06/13/2024 06/13/24 Price Changed $393,000 -0.3% $162 / Sq Ft
05/30/2024 05/30/24 Price Changed $394,000 -3.7% $162 / Sq Ft
05/16/2024 05/16/24 Price Changed $409,000 -1.4% $168 / Sq Ft
05/02/2024 05/02/24 Price Changed $415,000 -1.7% $171 / Sq Ft
04/18/2024 04/18/24 Price Changed $422,000 -0.7% $173 / Sq Ft
04/10/2024 04/10/24 For Sale $425,000 -- $175 / Sq Ft
Source: Doorify MLS

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 $4,154 $402,800 $80,000 $322,800
2024 $3,917 $310,200 $62,000 $248,200
2023 $3,942 $315,300 $62,000 $253,300
2022 $4,103 $315,300 $62,000 $253,300
2021 $799 $62,000 $62,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10022230

Doorify MLS

APN: 9825780568