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104 Lakemont Court

104 Lakemont Court, Martinsville, VA 24112
Property in Martinsville
Sold Aug 20, 2021
$145,500
$146,969 by Alcova Mortgage Llc
Mortgage
Sold Jun 09, 2021
$70,000
$56,000 by American National Bank And Tru
Mortgage Due Jun 09, 2026
104 Lakemont Court in Martinsville, VA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. 104 Lakemont Court has 1,250 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,892 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 104 Lakemont Court was last sold in Aug 20, 2021 for $145,500. According to our calculations, that's $116.40 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Jun 8, 2021. Current property owners are expected to pay $1,392 in taxes per year. The property on 104 Lakemont Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $140,600. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $125,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,892
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRUID HILLS SD
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 3 SEC 38A

Ownership

  • Current Owner : WRAY JONATHAN ALLEN
  • Previous Owner : RATLIFF JOE C
  • Owner Before Previous Owner: SZULECKI JUDITH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martinsville City Public Schools
  • Census Tract: 000500

Zoning

  • Zoning: R-N

Geography

  • Account Number: 000130400
  • Section: 38A
  • Parcel: 68 (06 )38A /03
  • Lot: 3
  • Municipality: MARTINSVILLE CITY
  • Latitude: 36.6615
  • Longitude: -79.8448

    Address

  • Full Address: 104 Lakemont Ct
  • Address - House Number: 104
  • Address - Street Name: Lakemont
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Martinsville
  • Carrier Code: C001
  • 4-Digit Zip Code: 5622
  • Zip Code: 24112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,392

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 57
  • Final Value: 137,206
  • High Value: 166,551
  • Low Value: 107,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,969
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $146,969
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $140,600
  • Market Land Value: $15,000
  • Market Improvement Value: $125,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,600
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $125,600

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11856765595
  • Current Sale Price: $145,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101001
  • Previous Sale Recording Date: Jun 09, 2021
  • Previous Sale Contract Date: Jun 08, 2021
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $146,969
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NATIONAL BANK AND TRU
  • Previous Mortgage Transaction Date: Jun 09, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $56,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jun 09, 2026

About Martinsville



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Frequently Asked Questions

What neighborhood is 104 Lakemont Court located in?
The 104 Lakemont Court is a located in the neighborhood of Martinsville in Martinsville, Martinsville.
What is the average sales price for listings in 104 Lakemont Court?
The average sales price for units in 104 Lakemont Court is $0 currently.

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