Sold Mar 17, 2020
$160,000
$154,250
by James W Dale Etux
Mortgage Due Dec 31, 2047
Sold Feb 21, 2019
$165,500
Buyer
Local assessors in Black Mountain, NC have categorized 118 Lat Lane as a residential type of property.
The home was built in 2006 and is 18 years old.
The property's lot size has been calculated to be 14,810 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style.
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 118 Lat Lane has a total of 1,120 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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, 118 Lat Lane sold most recently in Mar 17, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $142.86 per sqft. Before that, the property was also sold for $165,500 in Feb 19, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $865 in taxes each year. 118 Lat Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,400. If we break it down further, the land itself was valued at $38,300. Improvements to the property, however, were assessed at a total of $107,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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, 118 Lat Lane sold most recently in Mar 17, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $142.86 per sqft. Before that, the property was also sold for $165,500 in Feb 19, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $865 in taxes each year. 118 Lat Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,400. If we break it down further, the land itself was valued at $38,300. Improvements to the property, however, were assessed at a total of $107,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
118 Lat Lane, Black Mountain, NC 28711
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