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197 Arrow Lane

197 Arrow Lane, Laurel Springs, NC 28644
Property in Wilkes
Sold Sep 02, 2021
$160,000
$144,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Sep 20, 2018
$80,000
197 Arrow Lane has been categorized by the local assessors in Laurel Springs, NC as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 197 Arrow Lane has 612 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 29,621 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage 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. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 197 Arrow Lane sold most recently in Aug 24, 2021 for a total of $160,000. If you work out the math, that's approximately a cost of $261.44 per sqft. Before that, the property was also sold for $80,000 in Sep 19, 2018. 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 $609 in taxes each year. 197 Arrow Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,600. If we break it down further, the land itself was valued at $35,200. Improvements to the property, however, were assessed at a total of $41,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Frontage Feet: 0
  • Total Building Area: 612
  • Building Area: 612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 612
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN IN WILKES COUNTY

Ownership

  • Current Owner : AUSTIN FRANK E
  • Current Owner 2: AUSTIN LISA A
  • Previous Owner : WYNNE CHANDLER G
  • Previous Owner 2: WYNNE VICKI S
  • Owner Before Previous Owner: CAMPBELL JOSEPH
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wilkes County Schools
  • School Tax School District: LAUREL SPRING
  • Census Tract: 970801

Zoning

  • Zoning: R1

Geography

  • Account Number: 81226
  • District: 2
  • Parcel: 3956064618
  • Municipality: CRANBERRY
  • Latitude: 36.3865
  • Longitude: -81.2066

    Address

  • Full Address: 197 Arrow Ln
  • Address - House Number: 197
  • Address - Street Name: Arrow
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Laurel Springs
  • Carrier Code: R071
  • 4-Digit Zip Code: 9151
  • Zip Code: 28644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $609

    Appraisal Valuation

  • Standard Deviation: 0.3273
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 34
  • Final Value: 91,404
  • High Value: 121,327
  • Low Value: 61,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $76,600
  • Market Land Value: $35,200
  • Market Improvement Value: $41,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,600
  • Assessed Land Value: $35,200
  • Assessed Improvements Value: $41,400

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11855169723
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2556
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Contract Date: Sep 19, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Wilkes



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Frequently Asked Questions

What neighborhood is 197 Arrow Lane located in?
The 197 Arrow Lane is a located in the neighborhood of Wilkes in Wilkes, Laurel Springs.
What is the average sales price for listings in 197 Arrow Lane?
The average sales price for units in 197 Arrow Lane is $0 currently.

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