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112 Carol Lane

112 Carol Lane, Portsmouth, VA 23701
House in Portsmouth
Sold Jul 18, 2018
$100,900
$90,964 by Atlantic Bay Mortgage Group Ll
Mortgage
112 Carol Lane has been categorized by the local assessors in Portsmouth, VA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 112 Carol Lane has 1,472 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,534 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 112 Carol Lane was last sold in Jun 19, 2018 for $100,900. According to our calculations, that's $68.55 per sqft. Current property owners are expected to pay $2,453 in taxes per year. The property on 112 Carol Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $196,270. To break that down further, the land itself was valued at $53,630. While improvements to the property were assessed at a total of $142,640. 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. 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.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: 1959
  • Effective Year Built: 1959
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN GARDENS
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 60 LINCOLN GARDENS SEC 3

Ownership

  • Current Owner : MYERS LIONEL
  • Previous Owner : TAYLOR ALICE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 212702

Zoning

  • Zoning: UR

Geography

  • Parcel: 0536-0520
  • Latitude: 36.7946
  • Longitude: -76.3498

    Address

  • Full Address: 112 Carol Ln
  • Address - House Number: 112
  • Address - Street Name: Carol
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C022
  • 4-Digit Zip Code: 4227
  • Zip Code: 23701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,453

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 67
  • Final Value: 204,579
  • High Value: 252,248
  • Low Value: 156,911

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $105,464
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jul 18, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,964
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: CITY OF PORTSMOUTH
  • Second Open Lien Mortgage Recording Date: Jul 18, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $14,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $196,270
  • Market Land Value: $53,630
  • Market Improvement Value: $142,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,270
  • Assessed Land Value: $53,630
  • Assessed Improvements Value: $142,640

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jul 18, 2018
  • Current Sale Transaction ID: 11489194930
  • Current Sale Price: $100,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180007136

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jul 18, 2018
  • First Mortgage Loan Amount: $90,964
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Portsmouth



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Frequently Asked Questions

What neighborhood is 112 Carol Lane located in?
The 112 Carol Lane is a house located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 112 Carol Lane?
The average sales price for units in 112 Carol Lane is $0 currently.

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