NOT LISTED FOR SALE

640 Village Lake Dr Mebane, NC 27302

Estimated Value: $300,412 - $392,000

2 Beds
2 Baths
1,205 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $305,000 $253 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,180/month

45 Days on Market

Highlights

  • Clubhouse
  • Cathedral Ceiling
  • Sun or Florida Room
  • Traditional Architecture
  • Wood Flooring
  • End Unit

About This Home

As of January 2023

PRICE REDUCTION - END UNIT- Absolutely Pristine!!This is a very special end unit as it is surrounded by HOA lawn areas larger than most giving this unit a single-family feel. Wonderful side windows and a sunroom light up this perched proudly unit that has been impeccably cared for. Gorgeous hardwoods in all living areas and ceramic tile baths. Carpet in bedrooms looks new. All windows have 2" blinds, 3 ceiling fans, 42" tall kitchen cabinets, granite counters, and ALL APPLIANCES CONVEY. Literally move-in ready in this very friendly community with clubhouse and swimming pool. Ideal.

Last Agent to Sell the Property

Kevin McGraw

McGraw Properties License #232704 Listed on: 10/31/2022

Last Buyer's Agent

Melissa Lindbloom

Keller Williams Central License #333464

Keller Williams Central

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 2016

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Landscaped

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, maintenance structure
  • Priestly Management Association
  • The Village At Lake Michael Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,515

Year Built

Built in 2016

Lot Details

0

HOA Fees

$173 per month

Parking

1

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Structure
  • Subdivision Name: The Village at Lake Michael
  • Above Grade Finished Sq Ft: 1205.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1205.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information:Living Area3: 1205.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Wood
  • Interior Amenities: Bathtub Only, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Living/Dining Room Combination, Pantry, Shower Only, Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Acres: 0.05
  • Common Walls: End Unit
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 173.0
  • Association Fee Frequency: Monthly
  • Association Name: Priestly Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Priestly Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 173.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2515.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Orange - Efland Cheeks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 17, 2023
Sold by
Jordan Charlotte Mary
Bought by
Valentine Patricia
Seller's Agent
Kevin McGraw
McGraw Properties
Buyer's Agent
Melissa Lindbloom
Keller Williams Central
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
49
Current Estimated Value
$330,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,603
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Jul 27, 2019
Sold by
Satterwhite Paula
Bought by
Jordan Charlotte M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2016
Closed on
Oct 24, 2016
Sold by
Mebane Town Homes Llc
Bought by
Satterwhite Paula
Seller's Agent
David andersen
Building Concepts Realty LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$146,250
Sold Price
$146,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$151,076
Interest Rate
3.44%
Mortgage Type
VA
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
Valentine Patricia $305,000 --
Jordan Charlotte M $185,000 None Available
Satterwhite Paula $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Charlotte M $148,000
Previous Owner Satterwhite Paula $151,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $305,000 -- --
01/19/2023 01/19/23 Sold $305,000 0.0% $253 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $305,000 -3.2% $253 / Sq Ft
10/31/2022 10/31/22 For Sale $315,000 +115.4% $261 / Sq Ft
10/26/2016 10/26/16 Sold $146,250 0.0% $146 / Sq Ft View Prior Sale
05/30/2016 05/30/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $146,250 -- $146 / 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 $3,220 $310,200 $110,000 $200,200
2024 $2,293 $186,000 $40,000 $146,000
2023 $2,337 $186,000 $40,000 $146,000
2022 $2,515 $186,000 $40,000 $146,000
2021 $2,492 $186,000 $40,000 $146,000
2020 $1,976 $140,600 $10,000 $130,600
2018 $1,988 $140,600 $10,000 $130,600
2017 $0 $140,600 $10,000 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2481648

Doorify MLS

APN: 9825477855