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262 Love Lane

262 Love Lane, Coventry, CT 06238
Property in Coventry
Sold Oct 23, 2017
$229,900
$225,735 by United Bank
Mortgage Due Oct 23, 2047
Sold Oct 18, 2013
$195,000
262 Love Lane in Coventry, CT was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a raised ranch style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 262 Love Lane has 1,146 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,104 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 90,605 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 262 Love Lane sold most recently in Jan 1, 1970 for a total of $229,900. If you work out the math, that's approximately a cost of $200.61 per sqft. Before that, the property was also sold for $195,000 in Jan 1, 1970. 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 $4,729 in taxes each year. 262 Love Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,000. If we break it down further, the land itself was valued at $58,100. Improvements to the property, however, were assessed at a total of $90,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,104
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 1,146
  • Gross Building Area: 2,442
  • Building Area: 1,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,146
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.08
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FOLLANSBEE RYAN D
  • Previous Owner : ROBERTS DONNA L
  • Owner Before Previous Owner: CAMPBELL THERESA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY SD
  • Census Tract: 850100

Zoning

  • Zoning: GR80

Geography

  • Account Number: R00327
  • Parcel: COVE M:0015 B:0010 L:07A2
  • Block: 10
  • Lot: 7A2
  • Municipality: COVENTRY
  • Latitude: 41.7864
  • Longitude: -72.3892

    Address

  • Full Address: 262 Love Ln
  • Address - House Number: 262
  • Address - Street Name: Love
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Coventry
  • Carrier Code: R014
  • 4-Digit Zip Code: 1418
  • Zip Code: 06238

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,729

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 347,281
  • High Value: 409,177
  • Low Value: 285,386

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,735
  • First Open Lien Mortgage Lender: UNITED BANK
  • First Open Lien Mortgage Recording Date: Oct 23, 2017
  • First Open Lien Mortgage Loan Amount: $225,735
  • 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: Oct 23, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,000
  • Assessed Land Value: $58,100
  • Assessed Improvements Value: $90,900

    Sales

  • Current Sale Recording Date: Oct 23, 2017
  • Current Sale Transaction ID: 11291505597
  • Current Sale Price: $229,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED BANK
  • First Mortgage Transaction Date: Oct 23, 2017
  • First Mortgage Loan Amount: $225,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 23, 2047

About Tolland



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Frequently Asked Questions

What neighborhood is 262 Love Lane located in?
The 262 Love Lane is a located in the neighborhood of Coventry in Tolland, Coventry.
What is the average sales price for listings in 262 Love Lane?
The average sales price for units in 262 Love Lane is $0 currently.

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