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119 Marhart Lane

119 Marhart Lane, Lexington, NC 27295
Property in Davidson
Sold Mar 19, 2012
$390,000
$331,500 by First Citizens Bank & Trust Co
Mortgage
119 Marhart Lane in Lexington, NC was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 119 Marhart Lane has 1,680 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 129,373 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of wood shake/ shingles. For those who need parking, there is a carport. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There are 3 fireplaces in the home. Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 119 Marhart Lane was last sold in Mar 16, 2012 for $390,000. According to our calculations, that's $162.36 per sqft. Current property owners are expected to pay $2,848 in taxes per year. The property on 119 Marhart Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $438,160. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 129,373
  • Lot Size Frontage Feet: 3,550
  • Total Building Area: 2,402
  • Gross Building Area: 2,402
  • Building Area: 2,402
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 3
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEY FOR MARHART LLC
  • Land Acres: 2.97
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: L36F 36G 36H BK2070-1818

Ownership

  • Current Owner : LOFTIN BOBBY DON
  • Current Owner 2: LOFTIN ROBERT BRIAN
  • Previous Owner : DAVID HART BUILDERS INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR22
  • Census Tract: 060203

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: MAP 020
  • Account Number: 9203890
  • District: 3
  • Parcel: 03-020-0-000-0036-F
  • Municipality: ARCADIA
  • Latitude: 35.935
  • Longitude: -80.2594

    Address

  • Full Address: 119 Marhart Ln
  • Address - House Number: 119
  • Address - Street Name: Marhart
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Lexington
  • Carrier Code: R032
  • 4-Digit Zip Code: 7538
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,848

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 585,072
  • High Value: 664,720
  • Low Value: 505,423

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,500
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 05, 2012
  • First Open Lien Mortgage Loan Amount: $331,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $438,160
  • Market Land Value: $54,460
  • Market Improvement Value: $383,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,160

    Sales

  • Current Sale Contract Date: Mar 16, 2012
  • Current Sale Recording Date: Mar 19, 2012
  • Current Sale Transaction ID: 1068241668
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012000005924

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 19, 2012
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Welcome



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Frequently Asked Questions

What neighborhood is 119 Marhart Lane located in?
The 119 Marhart Lane is a located in the neighborhood of Davidson in Welcome, Lexington.
What is the average sales price for listings in 119 Marhart Lane?
The average sales price for units in 119 Marhart Lane is $0 currently.

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