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157 Morgan Lane

157 Morgan Lane, Warsaw, VA 22572
Property in Richmond
Sold Sep 03, 2021
$190,000
$164,326 by Mimutual Mortgage
Mortgage
Sold Aug 25, 2014
$100,000
157 Morgan Lane has been categorized by the local assessors in Warsaw, VA as a residential type of property. The building on the property was first built in 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 8 rooms. 3 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, 157 Morgan Lane has 2,036 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 21,344 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. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 31, 2021 for $190,000. That's $93.32 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $100,000. 157 Morgan Lane was last assessed in 2023. The total value of the property was assessed at $171,347. Specifically, the land the property is located on was valued at $30,081. While improvements on the property were assessed at a total of $141,266. 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 $1,199. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1988
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK SD
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 157 MORGAN LANE

Ownership

  • Current Owner : KNIGHT ROBERT E
  • Previous Owner : KNIGHT MARY LOIS
  • Previous Owner 2: THE MARY LOIS KNIGHT DECLARATI
  • Owner Before Previous Owner: HACKMAN WILLIAM G

Neighborhood

  • School District Name: Richmond County Public Schools
  • Census Tract: 040100

Zoning

  • Zoning: TOWN OF WA

Geography

  • Account Number: 26015
  • District: 4
  • Parcel: 16A3(7)9
  • Municipality: TOWN OF WARSAW
  • Latitude: 37.9565
  • Longitude: -76.7657

    Address

  • Full Address: 157 Morgan Ln
  • Address - House Number: 157
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Warsaw
  • Carrier Code: R005
  • 4-Digit Zip Code: 4214
  • Zip Code: 22572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,199

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 249,636
  • High Value: 318,557
  • Low Value: 180,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,326
  • First Open Lien Mortgage Lender: MIMUTUAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $164,326
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $171,347
  • Market Land Value: $30,081
  • Market Improvement Value: $141,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,347
  • Assessed Land Value: $30,081
  • Assessed Improvements Value: $141,266

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11858691121
  • Current Sale Price: $190,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021000833
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIMUTUAL MORTGAGE
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $164,326
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Warsaw



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Frequently Asked Questions

What neighborhood is 157 Morgan Lane located in?
The 157 Morgan Lane is a located in the neighborhood of Richmond in Warsaw, Warsaw.
What is the average sales price for listings in 157 Morgan Lane?
The average sales price for units in 157 Morgan Lane is $0 currently.

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