131 Rye Lane

131 Rye Lane has been categorized by the local assessors in Raeford, NC as a residential type of property. The building on the property was first built in 1998 and is 26 years old. 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, 131 Rye Lane has 1,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 attached garage for those who require parking. The garage measured 312 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 25, 2009 for $119,000. That's $108.97 per sqft. 131 Rye Lane was last assessed in 2023. The total value of the property was assessed at $120,320. Specifically, the land the property is located on was valued at $33,000. While improvements on the property were assessed at a total of $87,320. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,129. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.