702 Village Lake Dr, Mebane, NC, 27302
About This Home
Enjoy the back yard landscaping and flower gardens, porch blind, and covered back porch. Silhouette blinds on first floor, subway tile kitchen backsplash, irrigated lawn, new HVAC in 2017. Excellent cul-de-sac location in popular Village at Lake Michael, walk to beautiful Lake Michael and neighborhood pond, short drive to historic downtown Mebane and Tanger Outlets. Luxury Vinyl Tile on first floor and new carpet on stairs and second floor.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Asphalt, Shingle
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2007
Type & Style
- Home type: Townhouse
- Architectural style: Traditional
- Property subType: Townhouse,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Microwave,Oven,Range,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s),Washer,Washer/Dryer,Water Heater
- Laundry features: Electric Dryer Hookup,Laundry Room,Upper Level
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s),High Speed Internet,Pantry,Separate Shower,Smooth Ceilings
- Window features: Double Pane Windows,Screens
- Flooring: Carpet,Ceramic Tile,Vinyl
- Number of fireplaces: 1
- Fireplace features: Electric,Family Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,627
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Ceiling Fan(s),Central Air,Electric,Heat Pump,Zoned
Interior Area
- Total structure area: 1,627
- Total interior livable area: 1,627 sqft
Property
Details
- Parcel number: 9825478963
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: Association,Community,Fenced,In Ground,Outdoor Pool,Pool Cover
- Patio & porch: Covered,Front Porch,Patio,Rear Porch
- Exterior features: Garden,Rain Gutters
- Fencing: Partial, Vinyl
- Has view: Yes
Lot
- Lot size: 1,742 sqft
- Features: Back Yard,Cul-De-Sac,Front Yard,Garden,Landscaped,Rectangular Lot,Sprinklers In Front,Sprinklers In Rear
Parking
- Parking features: Additional Parking,Concrete,Driveway,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,461 | $17,532 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $253 | $3,036 |
| Electricity | $200 | $2,405 |
| Total | $2,004 | $24,048 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-30 | Listed for sale | $289,000 |
| 2007-07-16 | Sold | $160,220 |
View on Zillow