1004 Lake Michael Way
Mebane, NC 27302
3 bd 3 ba 1,777 sqft Built 2016 Lot 2,178 sqft townhomes
Most recent sale
$330,000
Apr 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 14, 2025 | Sold | $340,000 | DoorifyMLS |
| Jun 24, 2025 | Price changed | $340,000 | DoorifyMLS |
| Jun 6, 2025 | Listed | $350,000 | DoorifyMLS |
| Apr 11, 2022 | Sold | $330,000 | MLS #1059559 |
| Mar 2, 2022 | Listed | $295,000 | MLS #2432437 |
| Mar 1, 2022 | Listed | $295,000 | MLS #1059559 |
| Aug 23, 2019 | Sold | $220,000 | Public Record |
| Jul 17, 2019 | Listed | $234,900 | MLS #2267457 |
| Jun 27, 2016 | Sold | $175,500 | MLS #766914 |
| Aug 29, 2015 | Relisted | $169,900 | MLS #766914 |
| Aug 11, 2015 | Listing removed | $169,900 | TriadMLS |
| Aug 2, 2015 | Listed | $169,900 | MLS #766914 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $228,900 | $110,000 | $338,900 | $3,509 |
| 2023 | $182,300 | $40,000 | $222,300 | $2,774 |
| 2022 | $182,300 | $40,000 | $222,300 | $2,987 |
| 2021 | $182,300 | $40,000 | $222,300 | $2,960 |
| 2020 | $171,300 | $10,000 | $181,300 | $2,520 |
| 2019 | $171,300 | $10,000 | $181,300 | $2,567 |
| 2018 | $171,300 | $10,000 | $181,300 | $2,525 |
| 2017 | $171,300 | $10,000 | $181,300 | $2,498 |
| 2016 | $77,400 | $20,300 | $97,700 | $1,336 |
Property facts
Year built
2016
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
1,777 sqft
Lot size
2,178 sqft
ZIP code
27302
City
Mebane
Street
Lake Michael Way
Coordinates
36.10464, -79.25488
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,399
Gross rental yield
8.72%
Implied cap rate
5.67%
Trend-extrapolated value
—
Frequently asked questions
When did 1004 Lake Michael Way last sell?
1004 Lake Michael Way most recently sold on Apr 11, 2022 for $330,000.
What is the current tax assessment for 1004 Lake Michael Way?
The most recent total assessment for 1004 Lake Michael Way (year 2025) is $338,900 with $3,509 in property tax.
How does 1004 Lake Michael Way's assessment compare to its last sale price?
The current assessment is 2.7% above the last sale price of $330,000.
When was 1004 Lake Michael Way built?
1004 Lake Michael Way was built in 2016.
How does 1004 Lake Michael Way compare to others on Lake Michael Way?
We track 8 other properties on Lake Michael Way. Browse the list under "Other properties on Lake Michael Way" to compare beds, baths, and sale history.
What are the property facts for 1004 Lake Michael Way?
1004 Lake Michael Way is a 3 bed, 3 bath, 1,777 sqft, 2,178 sqft lot townhomes.
Is 1004 Lake Michael Way a flip candidate?
No — 1004 Lake Michael Way does not appear in our flips dataset.
Is 1004 Lake Michael Way a tax-appeal candidate?
No — 1004 Lake Michael Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.0%
Implied 1-yr
-11.8%
2026 Q3
$399K
2026 Q4
$399K
ZIP 27302 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Michael Way