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254 McFarlane Lane

254 McFarlane Lane, Rosedale, VA 24280
Property in Russell
Sold May 18, 2020
$130,000
$133,300 by Eastman Credit Union
Mortgage
Sold Jun 17, 2016
$77,000
Local assessors in Rosedale, VA have categorized 254 McFarlane Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 26,310 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is one full bathroom. 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 254 McFarlane Lane has a total of 1,078 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a partial air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 254 McFarlane Lane was last sold in May 14, 2020 for $130,000. According to our calculations, that's $120.59 per sqft. Prior to that sales transaction, the property was sold for $77,000 in Jun 14, 2016. Current property owners are expected to pay $144 in taxes per year. The property on 254 McFarlane Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,900. To break that down further, the land itself was valued at $12,900. While improvements to the property were assessed at a total of $10,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,016
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 26,310
  • Total Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Partial air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,078
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: THE OAKS
  • Land Acres: 0.604
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 34 THE OAKS PHASE III LEBANON

Ownership

  • Current Owner : WHITT BRADLEY P
  • Current Owner 2: VENCILL CHELSEA
  • Previous Owner : MORRISON WHITLEY E
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRS

Neighborhood

  • School District Name: Russell County Public Schools
  • Census Tract: 030402

Geography

  • Account Number: 114246
  • Subdivision Phase Number: 3
  • Parcel: 64L IG 34
  • Lot: 34
  • Municipality: LEBANON
  • Latitude: 36.957
  • Longitude: -81.948

    Address

  • Full Address: 254 Mcfarlane Ln
  • Address - House Number: 254
  • Address - Street Name: Mcfarlane
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Rosedale
  • Carrier Code: H064
  • 4-Digit Zip Code: 3560
  • Zip Code: 24280

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $144

    Appraisal Valuation

  • Standard Deviation: 0.1182
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 76
  • Final Value: 16,854
  • High Value: 18,847
  • Low Value: 14,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,300
  • First Open Lien Mortgage Lender: EASTMAN CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $133,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $22,900
  • Market Land Value: $12,900
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,900
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11762454920
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020860
  • Previous Sale Recording Date: Jun 17, 2016
  • Previous Sale Contract Date: Jun 14, 2016
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CREDIT UNION
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $133,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Russell



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Frequently Asked Questions

What neighborhood is 254 McFarlane Lane located in?
The 254 McFarlane Lane is a located in the neighborhood of Russell in Russell, Rosedale.
What is the average sales price for listings in 254 McFarlane Lane?
The average sales price for units in 254 McFarlane Lane is $0 currently.

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