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102 Carolina Lane

102 Carolina Lane, Tazewell, VA 24651
House in Tazewell
Sold Jul 22, 2022
$95,500
$93,769 by Movement Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Mar 08, 2017
$20,000
Local assessors in Tazewell, VA have categorized 102 Carolina Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 10,019 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 102 Carolina Lane has a total of 984 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. 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, 102 Carolina Lane sold most recently in Jul 21, 2022 for a total of $95,500. If you work out the math, that's approximately a cost of $97.05 per sqft. Before that, the property was also sold for $20,000 in Feb 16, 2017. 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 $406 in taxes each year. 102 Carolina Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $56,000. 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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 246
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 984
  • Building Area: 984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 984
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAT MADE FOR GAB BUILDERS CORPORATION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 5, 0.23 ACRE RICH MOUNTAIN GAB BUILDERS PLAT

Ownership

  • Current Owner : MORRISON BARBARA GAIL
  • Current Owner 2: JENNELLE SHARON IRENE
  • Previous Owner : MACK PAYNE
  • Owner Before Previous Owner: LINKOUS TERESA S
  • Owner Before Previous Owner 2: UNITED STATES DEPARTMENT OF AG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tazewell County Public Schools
  • Census Tract: 020700

Geography

  • Account Number: 16793
  • District: 08
  • Parcel: 094B513 0005
  • Lot: 5
  • Municipality: TOWN OF TAZEWELL
  • Latitude: 37.1145
  • Longitude: -81.5037

    Address

  • Full Address: 102 Carolina Ln
  • Address - House Number: 102
  • Address - Street Name: Carolina
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Tazewell
  • Carrier Code: R006
  • 4-Digit Zip Code: 5358
  • Zip Code: 24651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406

    Appraisal Valuation

  • Standard Deviation: 0.2723
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 99,649
  • High Value: 126,788
  • Low Value: 72,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,769
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Loan Amount: $93,769
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $70,000
  • Market Land Value: $14,000
  • Market Improvement Value: $56,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $56,000

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Transaction ID: 11892898604
  • Current Sale Price: $95,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2190
  • Previous Sale Recording Date: Mar 08, 2017
  • Previous Sale Contract Date: Feb 16, 2017
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 22, 2022
  • First Mortgage Loan Amount: $93,769
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

About Tazewell



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 102 Carolina Lane located in?
The 102 Carolina Lane is a house located in the neighborhood of Tazewell in Tazewell, Tazewell.
What is the average sales price for listings in 102 Carolina Lane?
The average sales price for units in 102 Carolina Lane is $0 currently.

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