11 days on rocket

1022 Lake Michael Way, Mebane, NC, 27302

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Full Baths
1,221 SqFt
$242/SqFt
Townhouse

Location

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1022 Lake Michael Way, Mebane$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage, Garage Faces Front
Attached Garage1 space
Year Built2017
HeatingHeat Pump
CoolingHeat Pump
MLS #10062079
Lot Size0.05 Acres
StatusActive

About 1022 Lake Michael Way

This 2-bedroom, 2-bathroom townhome offers serene living in a quiet neighborhood. With its open floor plan, spacious bedrooms, and attached one-car garage, this home provides comfort and convenience. Residents can enjoy the community pool, gym and clubhouse. Located near Lake Michael Park, this property is perfect for those who love to spend time outdoors. Take comfort in knowing HOA dues cover all exterior maintenance.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 2017
  • Living Area: 1,221 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ONE
  • Office Phone: (336) 297-4545
  • Listing Agent: Kalah Edrington

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer, Water Heater
  • Flooring Type: Carpet, Laminate, Vinyl
  • Interior: High Ceilings, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage, Garage Faces Front

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From I-40 E towards I-85 N/Durham/Raleigh, Turn left onto Mebane Oaks Rd, Turn Right onto N 5th St/S Fifth St., Turn Right onto E Brown St, Turn Right onto Lake Michael Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $242/SqFt

HOA Fees:

  • Amount: $188
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,229
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mebane, NC.

Map thumbnail provided by MapBox

Mebane, NC

City

Med. Sold Price

$368.3K

Med. Price/SqFt

$193

Avg. Days On Market

60

# of Sold Homes

47

1022 Lake Michael Way vs Mebane

11 DAYS ON ROCKET

-49 Days

$295,000

-$73.3K Less

$242/SqFt

+$48 More

KEY TAKEAWAY

This property is $73.3K less than the Median Sold Price and $48/SqFt more than other homes in Mebane, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10062079

Listing Office:

  • Office Name: KELLER WILLIAMS ONE
  • Office Phone: (336) 297-4545
  • Listing Agent: Kalah Edrington

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 26, 2021Home Sold
$205,000
Dec 14, 2018Home Sold
$180,000
Aug 17, 2017Home Sold
$155,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,229$159,800
2019$2,279$159,800
2018$2,242$159,800

History based on county public records data.

Payment Calculator

$1,728

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-692557
7
/10

  • E. M. Yoder Elementary School

  • 301 N Charles St

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-692558
7
/10

  • South Mebane Elementary School

  • 600 S Third St

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-692559
6
/10

  • Audrey W. Garrett Elementary School

  • 3224 Old Hillsborough Rd

  • 3.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,867. Residents of Mebane, NC typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1022 Lake Michael Way

What is the listing price of this property?

The listing price of 1022 Lake Michael Way property is $295,000.

What type of property is this?

The property 1022 Lake Michael Way is a townhouse located in Mebane, North Carolina, 27302.

Is this property for sale now?

Active Listing: 1022 Lake Michael Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,229 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 26, 2021 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1022 Lake Michael Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1022 Lake Michael Way is 1,221 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1022 Lake Michael Way is 2017.

Rocket Homes›North Carolina›Alamance County›Mebane›27302›1022 Lake Michael Way

This home is located at 1022 Lake Michael Way in Mebane, NC and zip code 27302. This 1,221 square foot home, which was built in 2017, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $295,000.

In October 2024 more than 6 listings in Mebane, NC were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 29 were sold below. The number of listings in Mebane, NC increased by 1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $368,322, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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