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1132 Lancelot Lane

1132 Lancelot Lane, Conway, SC 29526
House in Horry
Sold Jun 15, 2020
$158,550
$118,913 by Lenders Financial Group
Mortgage Due Jan 01, 2050
Sold May 21, 1999
$109,900
$93,400 by Investors Mtg Co Inc
Mortgage Due Jun 01, 2029
Local assessors in Conway, SC have categorized 1132 Lancelot Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 22,216 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 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 1132 Lancelot Lane has a total of 1,503 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 575 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete 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 hot water heating system is the primary heating source. The property was last sold in May 12, 2020 for $158,550. That's $105.49 per sqft. Prior to that sales transaction, the property was also sold in May 20, 1999 for $109,900. 1132 Lancelot Lane was last assessed in 2023. The total value of the property was assessed at $11,064. Specifically, the land the property is located on was valued at $2,094. While improvements on the property were assessed at a total of $8,970. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,481. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 575
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASTLEWOOD PHASE II-A
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASTLEWOOD PHASE II-A; LOT 238

Ownership

  • Current Owner : CHENG SOLOMON
  • Current Owner 2: CHENG MICHELLE
  • Previous Owner : BANK OF NEW YORK MELLON TR
  • Owner Before Previous Owner: REYNOLDS DANNY L
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 060406

Geography

  • Subdivision Phase Number: 2
  • Parcel: 400-16-01-0050
  • Lot: 238
  • Municipality: CONWAY
  • Latitude: 33.76
  • Longitude: -79.0113

    Address

  • Full Address: 1132 Lancelot Ln
  • Address - House Number: 1132
  • Address - Street Name: Lancelot
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Conway
  • Carrier Code: R013
  • 4-Digit Zip Code: 9389
  • Zip Code: 29526

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,481
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 305,743
  • High Value: 371,674
  • Low Value: 239,811

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,913
  • First Open Lien Mortgage Lender: LENDERS FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jun 15, 2020
  • First Open Lien Mortgage Loan Amount: $118,913
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $184,400
  • Market Land Value: $34,900
  • Market Improvement Value: $149,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,064
  • Assessed Land Value: $2,094
  • Assessed Improvements Value: $8,970

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Transaction ID: 11812725920
  • Current Sale Price: $158,550
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 21, 1999
  • Previous Sale Contract Date: May 20, 1999
  • Previous Sale Amount: $109,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDERS FINANCIAL GROUP
  • First Mortgage Transaction Date: Jun 15, 2020
  • First Mortgage Loan Amount: $118,913
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INVESTORS MTG CO INC
  • Previous Mortgage Transaction Date: May 21, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $93,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 1132 Lancelot Lane located in?
The 1132 Lancelot Lane is a house located in the neighborhood of Horry in Red Hill, Conway.
What is the average sales price for listings in 1132 Lancelot Lane?
The average sales price for units in 1132 Lancelot Lane is $0 currently.

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