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197 Alger Lane

197 Alger Lane, Broadway, VA 22815
Property in Rockingham
Sold Oct 25, 2017
$99,500
$79,600 by Farmers & Merchants Bank
Mortgage Due Oct 24, 2037
197 Alger Lane in Broadway, VA was first built in 2005 and is 19 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 townhouse style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 197 Alger Lane has 960 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 2,091 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 197 Alger Lane was last sold in Oct 9, 2017 for $99,500. According to our calculations, that's $103.65 per sqft. Current property owners are expected to pay $913 in taxes per year. The property on 197 Alger Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $134,200. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $114,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,091
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 960
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERITAGE VILLAS
  • Land Acres: 0.048
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: HERITAGE VILLAS L10B DIVISION OF LOT 10

Ownership

  • Current Owner : STEELE INVESTMENTS LLC
  • Previous Owner : MILLERHEATWOLE ROBIN S
  • Previous Owner 2: MILLER ROBIN S

Neighborhood

  • School District Name: Rockingham County Public Schools
  • Census Tract: 010801

Zoning

  • Zoning: TOWN

Geography

  • Account Number: 46220
  • District: 11
  • Parcel: 51A1-(25)- L10B
  • Lot: 10
  • Municipality: BROADWAY
  • Latitude: 38.6094
  • Longitude: -78.7974

    Address

  • Full Address: 197 Alger Ln
  • Address - House Number: 197
  • Address - Street Name: Alger
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Broadway
  • Carrier Code: R006
  • 4-Digit Zip Code: 9472
  • Zip Code: 22815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $913

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 70
  • Final Value: 178,037
  • High Value: 216,783
  • Low Value: 139,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,600
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $79,600
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 24, 2037

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $20,000
  • Market Improvement Value: $114,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,200
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $114,200

    Sales

  • Current Sale Contract Date: Oct 09, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Transaction ID: 11293063592
  • Current Sale Price: $99,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-00030269

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Mortgage Transaction Date: Oct 25, 2017
  • First Mortgage Loan Amount: $79,600
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Oct 24, 2037

    Financing

  • First Mortgage Financing Type: Variable

About Broadway



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Frequently Asked Questions

What neighborhood is 197 Alger Lane located in?
The 197 Alger Lane is a located in the neighborhood of Rockingham in Broadway, Broadway.
What is the average sales price for listings in 197 Alger Lane?
The average sales price for units in 197 Alger Lane is $0 currently.

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