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111 Cabot Bay Drive

111 Cabot Bay Drive, Lexington, SC 29072
Property in Lexington
Sold Apr 29, 2020
$125,000
$112,500 by Guaranteed Rate Affinity Llc
Mortgage Due May 01, 2050
Sold Aug 03, 2015
$97,000
$95,243 by Platinum Mortgage Inc
Mortgage Due Aug 01, 2045
Local assessors in Lexington, SC have categorized 111 Cabot Bay Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 3,920 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, 2 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 are 2 full bathrooms. 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 111 Cabot Bay Drive has a total of 1,120 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system 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, 111 Cabot Bay Drive sold most recently in Apr 24, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $111.61 per sqft. Before that, the property was also sold for $97,000 in Jul 31, 2015. 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 $845 in taxes each year. 111 Cabot Bay Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,000. If we break it down further, the land itself was valued at $1,040. Improvements to the property, however, were assessed at a total of $3,960. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIBSON FOREST
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: GIBSON FOREST (ZLL) LOT 20

Ownership

  • Current Owner : STEVENS LAURIN M
  • Previous Owner : SOTO NANCY
  • Owner Before Previous Owner: NOLEN DAVID M
  • Owner Before Previous Owner 2: STEELE BRANDEE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District 1
  • Census Tract: 021029

Geography

  • Assessors Map Reference: MB 6872 PG 276
  • Parcel: 005436-01-052
  • Lot: 20
  • Municipality: TOWN LIMITS OF LEXINGTON
  • Latitude: 33.9774
  • Longitude: -81.2478

    Address

  • Full Address: 111 Cabot Bay Dr
  • Address - House Number: 111
  • Address - Street Name: Cabot Bay
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Lexington
  • Carrier Code: C012
  • 4-Digit Zip Code: 3479
  • Zip Code: 29072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845
  • Tax Rate Code Area: 1L

    Appraisal Valuation

  • Standard Deviation: 0.4884
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 2
  • Final Value: 95,409
  • High Value: 142,011
  • Low Value: 48,806

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2020
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $26,000
  • Market Improvement Value: $99,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $1,040
  • Assessed Improvements Value: $3,960

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: Apr 29, 2020
  • Current Sale Transaction ID: 11758031633
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020017532
  • Previous Sale Recording Date: Aug 03, 2015
  • Previous Sale Contract Date: Jul 31, 2015
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Apr 29, 2020
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 03, 2015
  • Previous Mortgage Loan Amount: $95,243
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Lexington



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Frequently Asked Questions

What neighborhood is 111 Cabot Bay Drive located in?
The 111 Cabot Bay Drive is a other located in the neighborhood of Lexington in Lexington, Lexington.
What is the average sales price for listings in 111 Cabot Bay Drive?
The average sales price for units in 111 Cabot Bay Drive is $0 currently.

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