NOT LISTED FOR SALE

904 Lake Michael Way Mebane, NC 27302

Estimated Value: $340,000 - $404,000

3 Beds
3 Baths
1,800 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $181,350 $101 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,327/month

355 Days on Market

Highlights

  • Newly Remodeled
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Wood Flooring
  • Attic
  • Community Pool

About This Home

As of November 2016

New construction two level townhouse with double master suites and garage. Master on the main includes tray ceiling, walk-in shower, oil rubbed bronze fixtures, and WIC. Vaulted ceilings in living/dining room, kitchen with 42” cabinets, granite, breakfast bar, pantry, & recessed lights. Laundry, 2nd bedroom, and sunroom on first. Huge 2nd floor master with sitting area, large bath and walk-in closet. Amenities include pool, gym, clubhouse, and lawn care! Enjoy the Tanger Outlets only minutes away.

Last Agent to Sell the Property

David andersen

Building Concepts Realty LLC License #277006 Listed on: 07/31/2015

Last Buyer's Agent

NONMEMBER NONMEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,639 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 9825573872
  • 1% Total Tax Rate

Community Details

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,509

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$145 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: None
  • Directions: I-40/85 to exit 154, North on Mebane Oaks Rd past Tanger Outlet Mall, Right on 5th Street, Right on Stagecoach, Right on Lebanon, Left on Lake Michael Way.
  • Above Grade Finished Sq Ft: 1639
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: Townhouse
  • Year Built: 2015
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1639
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: City Lot
  • Pool Features: Community
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 145
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 9825573872
  • Zoning: 24
  • TRIADMLS_PricePerAcre: 4502500
  • TRIADMLS_DeedPage: 575
  • TRIADMLS_DeedBook: 5880
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Lot: 180
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Howard Sandra Y
Bought by
Riley Clyde E
Current Estimated Value
$357,507

Purchase Details

Listed on
Jul 31, 2015
Closed on
Nov 4, 2016
Sold by
Mebane Town Homes Llc
Bought by
Howard Sandra V
Seller's Agent
David andersen
Building Concepts Realty LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$169,900
Sold Price
$181,350
Premium/Discount to List
$11,450
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$183,350
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Riley Clyde E $225,000 None Available
Howard Sandra V $181,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Sandra V $183,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $181,350 +6.7% $130 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/31/2015 07/31/15 For Sale $169,900 -- $121 / Sq Ft
Source: Triad 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 $3,509 $338,900 $110,000 $228,900
2024 $2,741 $222,300 $40,000 $182,300
2023 $2,774 $222,300 $40,000 $182,300
2022 $2,987 $222,300 $40,000 $182,300
2021 $2,960 $222,300 $40,000 $182,300
2020 $2,520 $181,300 $10,000 $171,300
2018 $2,526 $181,300 $10,000 $171,300
2017 $1,289 $181,300 $10,000 $171,300
2016 $1,289 $94,200 $20,300 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 766246

Triad MLS

APN: 9825475077