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203 Virginia Lee Lane

203 Virginia Lee Lane, Efland, NC 27243
House in Orange
Sold Oct 22, 2018
$306,000
$244,800 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2048
Sold Mar 17, 2017
$32,500
Local assessors in Efland, NC have categorized 203 Virginia Lee Lane as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 78,408 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 203 Virginia Lee Lane has a total of 2,307 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 203 Virginia Lee Lane sold most recently in Oct 22, 2018 for a total of $306,000. If you work out the math, that's approximately a cost of $132.64 per sqft. Before that, the property was also sold for $32,500 in Mar 16, 2017. 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 $3,075 in taxes each year. The initial year of tax delinquency occurred in 2022. 203 Virginia Lee Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,600. If we break it down further, the land itself was valued at $46,300. Improvements to the property, however, were assessed at a total of $266,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 2,307
  • Building Area: 2,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,307
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGH ROCK VILLAGE
  • Land Acres: 1.8
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 22 HIGH ROCK VILLAGE P91/181

Ownership

  • Current Owner : NILES RAYMOND A
  • Current Owner 2: NILES MARTHA R
  • Previous Owner : DSM BUILDERS INC
  • Owner Before Previous Owner: FEM ROLL INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 010803

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 6276/405
  • District: 3
  • Parcel: 9836-47-9596
  • Municipality: CHEEKS
  • Latitude: 36.134
  • Longitude: -79.2202

    Address

  • Full Address: 203 Virginia Lee Ln
  • Address - House Number: 203
  • Address - Street Name: Virginia Lee
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Efland
  • Carrier Code: R002
  • 4-Digit Zip Code: 9565
  • Zip Code: 27243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,075
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: EFFR,ORAG

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 499,182
  • High Value: 579,170
  • Low Value: 419,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2018
  • First Open Lien Mortgage Loan Amount: $244,800
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $312,600
  • Market Land Value: $46,300
  • Market Improvement Value: $266,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,600
  • Assessed Land Value: $46,300
  • Assessed Improvements Value: $266,300

    Sales

  • Current Sale Contract Date: Oct 22, 2018
  • Current Sale Recording Date: Oct 22, 2018
  • Current Sale Transaction ID: 11528147157
  • Current Sale Price: $306,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20181022000200520
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Contract Date: Mar 16, 2017
  • Previous Sale Amount: $32,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 22, 2018
  • First Mortgage Loan Amount: $244,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Orange



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Frequently Asked Questions

What neighborhood is 203 Virginia Lee Lane located in?
The 203 Virginia Lee Lane is a house located in the neighborhood of Orange in Orange, Efland.
What is the average sales price for listings in 203 Virginia Lee Lane?
The average sales price for units in 203 Virginia Lee Lane is $306,000 , or $140/sqft. currently.

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