Check Availability

223 Ridge Terrace Lane

223 Ridge Terrace Lane, Lexington, SC 29073
Property in West Columbia
Sold Apr 09, 2013
$113,500
$111,443 by First Citizens Bank And Trust
Mortgage Due Apr 01, 2043
Sold Feb 28, 2012
$200,000
$2,000,000 by Regions Bank
Mortgage
Local assessors in Lexington, SC have categorized 223 Ridge Terrace Lane as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 5,663 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 223 Ridge Terrace Lane has a total of 1,348 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 223 Ridge Terrace Lane sold most recently in Mar 29, 2013 for a total of $113,500. If you work out the math, that's approximately a cost of $84.20 per sqft. Before that, the property was also sold for $200,000 in Feb 22, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $321 in taxes each year. 223 Ridge Terrace Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,202. If we break it down further, the land itself was valued at $1,200. Improvements to the property, however, were assessed at a total of $4,002. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGE TERRACE SUBDIVISION
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: RIDGE TERRACE SD LOT 53

Ownership

  • Current Owner : NEWELL CAROL ANN
  • Current Owner 2: NEWELL CAROL A
  • Previous Owner : MCGUINN HOLDINGS LLC
  • Owner Before Previous Owner: BRANCH BANKING & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District 1
  • Census Tract: 021044

Zoning

  • Zoning: ID

Geography

  • Assessors Map Reference: MB 16199 PG 114
  • Parcel: 005514-01-053
  • Lot: 53
  • Municipality: OUTSIDE LEX GILBERT PELION
  • Latitude: 33.9538
  • Longitude: -81.1896

    Address

  • Full Address: 223 Ridge Terrace Ln
  • Address - House Number: 223
  • Address - Street Name: Ridge Terrace
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Lexington
  • Carrier Code: R005
  • 4-Digit Zip Code: 6705
  • Zip Code: 29073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 221,525
  • High Value: 269,257
  • Low Value: 173,793

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $117,443
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Apr 09, 2013
  • First Open Lien Mortgage Loan Amount: $111,443
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043
  • Second Open Lien Mortgage Lender: SC STATE HOUSING FINANCE & DEV
  • Second Open Lien Mortgage Recording Date: Apr 09, 2013
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2043

    Market Valuation

  • Market Total Value: $130,053
  • Market Land Value: $30,000
  • Market Improvement Value: $100,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,202
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $4,002

    Sales

  • Current Sale Contract Date: Mar 29, 2013
  • Current Sale Recording Date: Apr 09, 2013
  • Current Sale Transaction ID: 11469039653
  • Current Sale Price: $113,500
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2013017180
  • Previous Sale Recording Date: Feb 28, 2012
  • Previous Sale Contract Date: Feb 22, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK AND TRUST
  • First Mortgage Transaction Date: Apr 09, 2013
  • First Mortgage Loan Amount: $111,443
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2043
  • Second Mortgage Lender: SC STATE HOUSING FINANCE & DEV
  • Second Mortgage Transaction Date: Apr 09, 2013
  • Second Mortgage Loan Amount: $6,000
  • Second Mortgage Terms: 95
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Apr 01, 2021

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Feb 28, 2012
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About West Columbia



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 223 Ridge Terrace Lane located in?
The 223 Ridge Terrace Lane is a located in the neighborhood of West Columbia in West Columbia, Lexington.
What is the average sales price for listings in 223 Ridge Terrace Lane?
The average sales price for units in 223 Ridge Terrace Lane is $0 currently.

Quantcast