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115 West Lake Street

115 West Lake Street, Marceline, MO 64658
Property in Linn
Sold Jun 18, 2021
$140,355
$143,220 by Veterans United Hm Loans
Mortgage Due Jul 01, 2051
Sold Sep 08, 2015
$65,000
$52,000 by Regional Missouri Bank
Mortgage Due Sep 04, 2040
115 West Lake Street has been categorized by the local assessors in Marceline, MO as a residential type of property. The building on the property was first built in 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 115 West Lake Street has 1,624 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,117 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 546 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 115 West Lake Street sold most recently in Jun 14, 2021 for a total of $140,355. If you work out the math, that's approximately a cost of $86.43 per sqft. Before that, the property was also sold for $65,000 in Aug 27, 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 $931 in taxes each year. 115 West Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,796. If we break it down further, the land itself was valued at $1,615. Improvements to the property, however, were assessed at a total of $15,181. 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. 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.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: 1977
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,624
  • Gross Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY MARCELINE
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 31-57-18 W 1/2 LOT 6 ALL LOTS 7 THRU 10 BLK 96 ORIGINAL TOWN MARC

Ownership

  • Current Owner : NANNEMANN WILLIAM T
  • Previous Owner : BIXENMAN
  • Previous Owner 2: KYLE
  • Owner Before Previous Owner: ADAM DUBUQUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marceline R-V School District
  • School Tax School District: R-5 SCHOOL
  • School Tax District Code 2: MARCELINE CITY
  • School Tax District Code 3: MARCELINE SP
  • Census Tract: 490500

Geography

  • Parcel: 20-09-31-001-016-003.00
  • Block: 96
  • Lot: 6-7,10
  • Meridian: SEC 31 TWN 57N RNG 18W
  • Municipality: MARCELINE
  • Latitude: 39.7129
  • Longitude: -92.9534

    Address

  • Full Address: 115 W Lake St
  • Address - House Number: 115
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MO
  • City Name: Marceline
  • Carrier Code: C001
  • 4-Digit Zip Code: 1240
  • Zip Code: 64658

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $931
  • Tax Rate Code Area: MA5CS

    Appraisal Valuation

  • Standard Deviation: 0.4281
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 14
  • Final Value: 118,239
  • High Value: 168,865
  • Low Value: 67,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,220
  • First Open Lien Mortgage Lender: VETERANS UNITED HM LOANS
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $143,220
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $88,400
  • Market Land Value: $8,500
  • Market Improvement Value: $79,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,796
  • Assessed Land Value: $1,615
  • Assessed Improvements Value: $15,181

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11873842178
  • Current Sale Price: $140,355
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 08, 2015
  • Previous Sale Contract Date: Aug 27, 2015
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HM LOANS
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $143,220
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONAL MISSOURI BANK
  • Previous Mortgage Transaction Date: Sep 08, 2015
  • Previous Mortgage Loan Amount: $52,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 04, 2040

About Marceline



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Frequently Asked Questions

What neighborhood is 115 West Lake Street located in?
The 115 West Lake Street is a located in the neighborhood of Linn in Marceline, Marceline.
What is the average sales price for listings in 115 West Lake Street?
The average sales price for units in 115 West Lake Street is $0 currently.

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