NOT LISTED FOR SALE

408 Lagoon Ln Mebane, NC 27302

Estimated Value: $336,000 - $390,000

3 Beds
2 Baths
1,478 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $340,000 $230 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,243/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Brick or Stone Mason
  • Living Room
  • Porch
  • Patio
  • Entrance Foyer

About This Home

As of March 2023

This better than new 3 bedroom ranch home has everything you would ever dream of! A flood of natural light introduces you into a open floor plan. The kitchen is made for entertaining. The white cabinets and subway tiles add a bright clean feel to the space. The island allows for more counter and storage space as well as entertaining space! A sliding glass door takes you out into a fenced in backyard. If you thought the inside of this home was made for entertainment, the outside doesn't disappoint either. There is an oversized patio perfect for a grill and outdoor furniture. Each bedroom is spacious and carries the trend of natural light through the property. The master has a large walk in shower and a double vanity sink.

Last Agent to Sell the Property

Ginger Vereen Peters

Keller Williams Legacy License #268611 Listed on: 01/13/2023

Keller Williams Legacy

Last Buyer's Agent

Rebecca Lopez

Long & Foster Real Estate INC License #342778

Long & Foster Real Estate INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 2021

Lot Details

  • 7,405 Sq Ft Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Shake Siding
  • Stone

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Association fees include insurance
  • Priestly Management Association
  • The Retreat At Lake Michael Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,679

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: Insurance
  • Subdivision Name: The Retreat at Lake Michael
  • Above Grade Finished Sq Ft: 1478.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: please refer to plot map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 1478.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • General Property Information:Living Area3: 1478.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.17
  • Construction Type: Fiber Cement, Shake Siding, Stone
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: Priestly Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Priestly Management
  • Association Fee Includes:Insurance2: Yes
  • 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 Dimensions: please refer to plot map
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3679.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 20, 2023
Sold by
Oconnell Dennis A
Bought by
Ha Youn Won
Seller's Agent
Ginger Vereen Peters
Keller Williams Legacy
Buyer's Agent
Rebecca Lopez
Long & Foster Real Estate INC
List Price
$320,000
Sold Price
$340,000
Premium/Discount to List
$20,000
6.25%
Views
153
Current Estimated Value
$361,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,511
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Feb 25, 2021
Sold by
Kb Home Raleigh Durham Inc
Bought by
Oconnell Dennis A and King Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,611
Interest Rate
2.2%
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
Ha Youn Won $340,000 --
Oconnell Dennis A $284,000 First American Mortgage Sln
Kb Home Raleigh Durham Inc $2,166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnell Dennis A $91,611
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $340,000 -- --
03/27/2023 03/27/23 Sold $340,000 +6.3% $230 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $320,000 0.0% $217 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $320,000 -- $217 / 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 $3,573 $345,200 $80,000 $265,200
2024 $3,443 $271,800 $62,000 $209,800
2023 $3,418 $271,800 $62,000 $209,800
2022 $3,679 $271,800 $62,000 $209,800
2021 $1,700 $131,900 $62,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2490376

Doorify MLS

APN: 9825781630