Check Availability

262 Morlatt Lane

262 Morlatt Lane, Martinsburg, WV 25404
Property in Berkeley
Sold Dec 02, 2013
$141,900
$128,000 by United Bank
Mortgage Due May 01, 2050
262 Morlatt Lane has been categorized by the local assessors in Martinsburg, WV as a residential type of property. The building on the property was first built in 2009 and is 15 years old. The home has a total of 7 rooms. 3 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, 262 Morlatt Lane has 1,704 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 250 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of alum/vinyl siding. 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 and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jan 1, 1970 for $141,900. That's $83.27 per sqft. 262 Morlatt Lane was last assessed in 2023. The total value of the property was assessed at $108,540. Specifically, the land the property is located on was valued at $24,120. While improvements on the property were assessed at a total of $84,420. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,372. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: C+
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 250
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMMONDS MILL SD
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .04 AC LOT 295 SEC 1 PHASE 6 HAMMONDS MILL SD

Ownership

  • Current Owner : SCHOOLFIELD JEFFREY B
  • Current Owner 2: SCHOOLFIELD MEGAN E
  • Previous Owner : CZAJA CASSIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berkeley County School District
  • Census Tract: 971101

Geography

  • Account Number: 07238143
  • District: 02
  • Parcel: 02-02- 14P-0278.0000
  • Lot: 295
  • Municipality: FALLING WATERS
  • Latitude: 39.5345
  • Longitude: -77.9078

    Address

  • Full Address: 262 Morlatt Ln
  • Address - House Number: 262
  • Address - Street Name: Morlatt
  • Address - Suffix Type: Ln
  • State: WV
  • City Name: Martinsburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 7613
  • Zip Code: 25404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,372

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 244,427
  • High Value: 298,505
  • Low Value: 190,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,000
  • First Open Lien Mortgage Lender: UNITED BANK
  • First Open Lien Mortgage Recording Date: Apr 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $128,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $180,900
  • Market Land Value: $40,200
  • Market Improvement Value: $140,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,540
  • Assessed Land Value: $24,120
  • Assessed Improvements Value: $84,420

    Sales

  • Current Sale Recording Date: Dec 02, 2013
  • Current Sale Transaction ID: 1167948593
  • Current Sale Price: $141,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20130060123

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: Dec 02, 2013
  • First Mortgage Loan Amount: $134,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2043

About Berkeley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 26 Tollerton Trail, FALLING WATERS, WV, 25419

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,725 ft²
26 Tollerton Trail, FALLING WATERS, WV, 25419 Listing by Suzanne Taylor

Frequently Asked Questions

What neighborhood is 262 Morlatt Lane located in?
The 262 Morlatt Lane is a located in the neighborhood of Berkeley in Berkeley, Martinsburg.
What is the average sales price for listings in 262 Morlatt Lane?
The average sales price for units in 262 Morlatt Lane is $0 currently.

Quantcast