116 Margaret Lane

116 Margaret Lane has been categorized by the local assessors in Troy, AL as a type of property. The linear feet between the front and back of the lot is 1,890 ft and across the front of the lot is 1,400 ft. The area measurement of the land has been determined as 32,959 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 116 Margaret Lane was last sold in Nov 13, 2023 for $424,350. Prior to that sales transaction, the property was sold for $189,000 in Feb 24, 2023. Current property owners are expected to pay $19,436 in taxes per year. The property on 116 Margaret Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,300. To break that down further, the land itself was valued at $26,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.