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112 Lorna Lane

112 Lorna Lane, Roscommon, MI 48653
Property in Gerrish
Sold Sep 18, 2006
$55,000
$46,750 by Firstbank West Branch Mortgage
Mortgage Due Oct 01, 2036
This has been categorized as a residential property type. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. 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 Lorna Lane was last sold in Sep 8, 2006 for $55,000. Current property owners are expected to pay $661 in taxes per year. The property on 112 Lorna Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGGINS LAKE HIGHLANDS 4
  • Land Acres: 0.5
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: L-1049 P-489 (L-762 P-167) 243 431 COLUMBIALOT 192 HIGGINS LAKE HIGHLANDS 4.

Ownership

  • Current Owner : HEARD DANIEL W
  • Current Owner 2: HEARD MARILYN M
  • Previous Owner : BUONO BARBARA J
  • Previous Owner 2: KRUL BARBARA JANE

Neighborhood

  • School District Name: Roscommon Area Public Schools
  • School Tax School District: ROSCOMMON AREA
  • Census Tract: 970402

Geography

  • District: 004
  • Parcel: 004-224-192-0000
  • Lot: 192
  • Municipality: GERRISH TOWNSHIP
  • Latitude: 44.4227
  • Longitude: -84.7153

    Address

  • Full Address: 112 Lorna Ln
  • Address - House Number: 112
  • Address - Street Name: Lorna
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Roscommon
  • Carrier Code: H074
  • 4-Digit Zip Code: 9262
  • Zip Code: 48653

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661
  • Tax Rate Code Area: 0040

    Appraisal Valuation

  • Standard Deviation: 0.2709
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 97,971
  • High Value: 124,517
  • Low Value: 71,425

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,750
  • First Open Lien Mortgage Lender: FIRSTBANK WEST BRANCH MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 18, 2006
  • First Open Lien Mortgage Loan Amount: $46,750
  • 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: Oct 01, 2036

    Market Valuation

  • Market Total Value: $53,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,700

    Sales

  • Current Sale Contract Date: Sep 08, 2006
  • Current Sale Recording Date: Sep 18, 2006
  • Current Sale Transaction ID: 1185824529
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200600007818

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK WEST BRANCH MORTGAGE
  • First Mortgage Transaction Date: Sep 18, 2006
  • First Mortgage Loan Amount: $46,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2036

About Roscommon



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Frequently Asked Questions

What neighborhood is 112 Lorna Lane located in?
The 112 Lorna Lane is a located in the neighborhood of Gerrish in Roscommon, Roscommon.
What is the average sales price for listings in 112 Lorna Lane?
The average sales price for units in 112 Lorna Lane is $0 currently.

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