NOT LISTED FOR SALE

427 Lagoon Ln Mebane, NC 27302

Estimated Value: $401,000 - $413,128

3 Beds
2 Baths
1,958 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $399,900 $204 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,556/month

59 Days on Market

Highlights

  • Open Floorplan
  • Quartz Countertops
  • Home Office
  • High Ceiling
  • Screened Porch
  • Breakfast Room

About This Home

As of August 2024

Welcome to this ''like new'' ranch with custom details galore! This is one level living at its finest with its bright open floor plan, vaulted ceilings in the living area, spacious gourmet kitchen featuring high level quartz counters, pull out shelves in lower cabinets, gas stove connection and double wall oven. Updated lighting throughout the home and beautiful wallpaper accent walls in the bedrooms. Designated office/flex space with built in cabinets and shelving. Enjoy greeting neighbors while relaxing on the front porch or kick back with a cool beverage on the expansive 10' x 23' screened patio. This Retreat at Lake Michael gem is just around the corner from Lake Michael Park with close proximity to Historic Downtown Mebane's shops and eateries and easy access to I40!

Last Agent to Sell the Property

Pam Lewis

Redfin Corporation License #291677 Listed on: 05/31/2024

Redfin Corporation

Last Buyer's Agent

Robert Gonzalez

NorthGroup Real Estate, Inc. License #303358

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 2021

Lot Details

  • 7,405

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Shingle Siding
  • Stone Veneer

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Living Room
  • Breakfast Room
  • Home Office
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Built-In Double Oven
  • Built-In Electric Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Efland Cheeks Elementary School
  • Gravelly Hill Middle School
  • Cedar Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 7,405 Sq Ft Lot

Community Details

  • Association fees include ground maintenance, storm water maintenance
  • The Retreat At Lake Michael Community Association, Phone Number (336) 893-6631
  • The Retreat At Lake Michael Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9825783798

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,839

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: Maintenance Grounds, Storm Water Maintenance
  • Subdivision Name: The Retreat at Lake Michael
  • Above Grade Finished Sq Ft: 1958.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Association Phone: 336-893-6631
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1958.0
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Open Floorplan, Quartz Counters, Walk-In Closet(s)
  • Appliances: Built-In Electric Range, Dishwasher, Double Oven, Refrigerator, Wall Oven, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Crown Molding: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.17
  • Construction Type: Fiber Cement, Shingle Siding, Stone Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Patio, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Stone Veneer: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Retreat At Lake Michael Community Association
  • Phone: 336-893-6631
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Retreat At Lake Michael Community Association
  • Association Fee Includes:Maintenance Grounds2: 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 - Cedar Ridge
  • Middle Or Junior School: Orange - Gravelly Hill

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9825783798

Tax Info

  • Tax Annual Amount: 3838.88
  • Tax Year: 2023

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 29, 2024
Sold by
Goodspeed Christina
Bought by
Vassello Sharon Lynn and Vassello Douglas J
Seller's Agent
Pam Lewis
Redfin Corporation
Buyer's Agent
Robert Gonzalez
NorthGroup Real Estate, Inc.
List Price
$429,900
Sold Price
$399,900
Premium/Discount to List
-$30,000
-6.98%
Views
119
Current Estimated Value
$408,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,632
Avg. Annual Appreciation
1.94%
Original Mortgage
$319,920
Outstanding Balance
$311,427
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$97,105

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jul 9, 2021
Sold by
Kb Home Raleigh Durham Inc
Bought by
Goodspeed Christina
Seller's Agent
Christy Cleveland
San Marco Inc.
Buyer's Agent
Christy Cleveland
San Marco Inc.
List Price
$346,580
Sold Price
$346,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$264,000
Interest Rate
2.9%
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:

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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
Vassello Sharon Lynn $400,000 None Listed On Document
Goodspeed Christina $347,000 First American Mortgage Sln
Kb Home Raleigh Durham Inc $2,166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassello Sharon Lynn $319,920
Previous Owner Goodspeed Christina $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $399,900 -4.8% $204 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $419,900 -1.2% $214 / Sq Ft
07/15/2024 07/15/24 Price Changed $424,900 -1.2% $217 / Sq Ft
05/31/2024 05/31/24 For Sale $429,900 +24.0% $220 / Sq Ft
12/15/2023 12/15/23 Off Market $346,580 -- --
07/09/2021 07/09/21 Sold $346,580 0.0% $181 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $346,580 -- $181 / 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 $4,156 $403,000 $80,000 $323,000
2024 $4,019 $318,500 $62,000 $256,500
2023 $3,981 $318,500 $62,000 $256,500
2022 $4,144 $318,500 $62,000 $256,500
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: 10032835

Doorify MLS

APN: 9825783798