201 Martin Lane

201 Martin Lane has been categorized by the local assessors in Alexandria, VA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 201 Martin Lane has 1,276 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 1,156 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 good. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The exterior walls of the building are made of brick. 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. 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, 201 Martin Lane was last sold in Feb 11, 2023 for $500,000. According to our calculations, that's $391.85 per sqft. Prior to that sales transaction, the property was sold for $192,480 in Sep 27, 2002. Current property owners are expected to pay $6,141 in taxes per year. The property on 201 Martin Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $535,096. To break that down further, the land itself was valued at $178,469. While improvements to the property were assessed at a total of $356,627. 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. 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.