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196 Maxey Lane

196 Maxey Lane, Danville, VA 24540
Property in Pittsylvania
Sold May 27, 2016
$128,000
$125,681 by Crosscountry Mortgage Inc
Mortgage
196 Maxey Lane has been categorized by the local assessors in Danville, VA as a residential type of property. The building on the property was first built in 1945 and is 79 years old. The home has a total of 5 rooms. 2 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, 196 Maxey Lane has 1,368 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 177,725 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 196 Maxey Lane sold most recently in Apr 28, 2016 for a total of $128,000. If you work out the math, that's approximately a cost of $93.57 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $877 in taxes each year. 196 Maxey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,100. If we break it down further, the land itself was valued at $27,700. Improvements to the property, however, were assessed at a total of $94,400. 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.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 177,725
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 4.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAXEY LN/1534 PARCEL 12 & 3

Ownership

  • Current Owner : TATE JOSEPH SCOTT
  • Current Owner 2: TATE KATHRYN MARIE
  • Previous Owner : BARBER DANNY TIMOTHY
  • Previous Owner 2: BARBER KAREN PRESLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pittsylvania County Public Schools
  • Census Tract: 011200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 16/01996
  • Account Number: 226592
  • District: 1
  • Parcel: 2308-57-2201
  • Municipality: TUNSTALL
  • Latitude: 36.6221
  • Longitude: -79.4457

    Address

  • Full Address: 196 Maxey Ln
  • Address - House Number: 196
  • Address - Street Name: Maxey
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Danville
  • Carrier Code: R005
  • 4-Digit Zip Code: 7336
  • Zip Code: 24540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $877
  • Tax Rate Code Area: REAL ESTAT

    Appraisal Valuation

  • Standard Deviation: 0.1378
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 143,036
  • High Value: 162,754
  • Low Value: 123,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,681
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 27, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $125,681
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $122,100
  • Market Land Value: $27,700
  • Market Improvement Value: $94,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,100
  • Assessed Land Value: $27,700
  • Assessed Improvements Value: $94,400

    Sales

  • Current Sale Contract Date: Apr 28, 2016
  • Current Sale Recording Date: May 27, 2016
  • Current Sale Transaction ID: 1614147461
  • Current Sale Price: $128,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160002611

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: May 27, 2016
  • First Mortgage Loan Amount: $125,681
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pittsylvania



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Frequently Asked Questions

What neighborhood is 196 Maxey Lane located in?
The 196 Maxey Lane is a located in the neighborhood of Pittsylvania in Pittsylvania, Danville.
What is the average sales price for listings in 196 Maxey Lane?
The average sales price for units in 196 Maxey Lane is $0 currently.

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