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112 Lady Frances Way

112 Lady Frances Way, Elizabeth City, NC 27909
Property in Ivy Trace
Sold Apr 22, 2020
$208,000
$176,600 by Atlantic Bay Mortgage Group Ll
Mortgage Due Mar 01, 2037
112 Lady Frances Way in Elizabeth City, NC was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 112 Lady Frances Way has 1,918 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 43,560 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 112 Lady Frances Way sold most recently in Apr 21, 2020 for a total of $208,000. If you work out the math, that's approximately a cost of $108.45 per sqft. 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 $1,926 in taxes each year. 112 Lady Frances Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $289,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 2019
  • Effective Year Built: 2019
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,918
  • Gross Building Area: 1,918
  • Building Area: 1,918
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,918
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FINAL PLAT FOR IVY TRACE SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NIXONTON

Ownership

  • Current Owner : JAMES TRAVIS HEATH
  • Current Owner 2: JAMES JESSICA MARIE
  • Previous Owner : MEADS HOME BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pasquotank County Schools
  • Census Tract: 960701

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: P91-122
  • Account Number: 132657
  • Parcel: 8912 623269
  • Block: 122
  • Lot: 15
  • Municipality: NIXONTON
  • Latitude: 36.2527
  • Longitude: -76.2311

    Address

  • Full Address: 112 Lady Frances Way
  • Address - House Number: 112
  • Address - Street Name: Lady Frances
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Elizabeth City
  • Carrier Code: R011
  • 4-Digit Zip Code: 8747
  • Zip Code: 27909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,926

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: May 17, 2023
  • Confidence Score: 70
  • Final Value: 317,867
  • High Value: 387,377
  • Low Value: 248,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,600
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $176,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $289,000
  • Market Land Value: $32,000
  • Market Improvement Value: $257,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $289,000

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11756490558
  • Current Sale Price: $208,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 456446

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Ivy Trace



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Frequently Asked Questions

What neighborhood is 112 Lady Frances Way located in?
The 112 Lady Frances Way is a located in the neighborhood of Ivy Trace in Ivy Trace, Elizabeth City.
What is the average sales price for listings in 112 Lady Frances Way?
The average sales price for units in 112 Lady Frances Way is $0 currently.

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