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10141 Old Quarter Lane

10141 Old Quarter Lane, New Kent, VA 23124
Property in New Kent
Sold Aug 07, 2020
$257,500
$221,173 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2035
Sold Jun 05, 2014
$222,000
$226,530 by Prosperity Home Mortgage
Mortgage
10141 Old Quarter Lane has been categorized by the local assessors in New Kent, VA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10141 Old Quarter Lane has 1,540 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10141 Old Quarter Lane sold most recently in Jul 31, 2020 for a total of $257,500. If you work out the math, that's approximately a cost of $167.21 per sqft. Before that, the property was also sold for $222,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,013 in taxes each year. 10141 Old Quarter Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $300,400. If we break it down further, the land itself was valued at $52,600. Improvements to the property, however, were assessed at a total of $247,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,540
  • Gross Building Area: 3,421
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WHITEHOUSE FARMS
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WHITEHOUSE FARMS LOT 4 BLK E SEC 1 .59 AC PB 7/16

Ownership

  • Current Owner : OLIVER CHARLES T
  • Current Owner 2: OLIVER BRITTANY K
  • Previous Owner : HARRIS JACOB N
  • Previous Owner 2: HARRIS ELYSA
  • Owner Before Previous Owner: MAYO KATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Kent County Public Schools
  • School Tax School District: ST PETERS
  • Census Tract: 700200

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 11
  • Account Number: 2344
  • Section: 1
  • Parcel: 11A 1E1 4
  • Block: 1
  • Lot: 4
  • Latitude: 37.5579
  • Longitude: -77.055

    Address

  • Full Address: 10141 Old Quarter Ln
  • Address - House Number: 10141
  • Address - Street Name: Old Quarter
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: New Kent
  • Carrier Code: R003
  • 4-Digit Zip Code: 2623
  • Zip Code: 23124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,013

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 81
  • Final Value: 343,956
  • High Value: 396,761
  • Low Value: 291,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $221,173
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $221,173
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $300,400
  • Market Land Value: $52,600
  • Market Improvement Value: $247,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,400
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11781378545
  • Current Sale Price: $257,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200003111
  • Previous Sale Recording Date: Jun 05, 2014
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $221,173
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE
  • Previous Mortgage Transaction Date: Jun 05, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $226,530
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About New Kent



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Frequently Asked Questions

What neighborhood is 10141 Old Quarter Lane located in?
The 10141 Old Quarter Lane is a located in the neighborhood of New Kent in New Kent, New Kent.
What is the average sales price for listings in 10141 Old Quarter Lane?
The average sales price for units in 10141 Old Quarter Lane is $0 currently.

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