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1070 Molly Lane

1070 Molly Lane, Danbury, NC 27016
Property in Stokes
Sold Oct 12, 2023
$2,000
Sold Oct 11, 2023
$60,000
$50,000 by Truliant Federal Credit Union
Mortgage Due Oct 03, 2053
Local assessors in Danbury, NC have categorized 1070 Molly Lane as a residential type of property. The home was built in 1986 and is 38 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 616,374 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 is also a partial bathroom. 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 1070 Molly Lane has a total of 2,181 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 2,100 sqft. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and 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 metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 1070 Molly Lane sold most recently in Oct 12, 2023 for a total of $2,000. If you work out the math, that's approximately a cost of $0.92 per sqft. Before that, the property was also sold for $60,000 in Aug 24, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,097 in taxes each year. 1070 Molly Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $283,400. If we break it down further, the land itself was valued at $52,800. Improvements to the property, however, were assessed at a total of $230,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1986
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 1,581
  • Garage Type: Garage
  • Garage Square Area: 2,100
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 616,374
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,181
  • Building Area: 2,181
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,181
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 14.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MABE TIM
  • Current Owner 2: MABE DEBORAH M
  • Previous Owner : HICKS LEONARD POWELL
  • Owner Before Previous Owner: VANKISER LEE
  • Owner Before Previous Owner 2: VANKISER KENNETH K
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Stokes County Schools
  • School Tax School District: SERVICE FIRE
  • Census Tract: 070200

Zoning

  • Zoning: R-A

Geography

  • District: 5
  • Parcel: 604000327092
  • Municipality: PETERS CREEK TWP
  • Latitude: 36.4962
  • Longitude: -80.2124

    Address

  • Full Address: 1070 Molly Ln
  • Address - House Number: 1070
  • Address - Street Name: Molly
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Danbury
  • Carrier Code: R091
  • 4-Digit Zip Code: 7146
  • Zip Code: 27016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,097

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 340,314
  • High Value: 420,075
  • Low Value: 260,552

    Market Valuation

  • Market Total Value: $283,400
  • Market Land Value: $52,800
  • Market Improvement Value: $230,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,400
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914588282
  • Current Sale Price: $2,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 4788
  • Previous Sale Recording Date: Oct 11, 2023
  • Previous Sale Contract Date: Aug 24, 2023
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TRULIANT FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Oct 11, 2023
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Oct 03, 2053

About Stokes



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Frequently Asked Questions

What neighborhood is 1070 Molly Lane located in?
The 1070 Molly Lane is a located in the neighborhood of Stokes in Stokes, Danbury.
What is the average sales price for listings in 1070 Molly Lane?
The average sales price for units in 1070 Molly Lane is $0 currently.

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