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263 Falling Water Lane

263 Falling Water Lane, Morgantown, WV 26508
Property in Cheat Lake
263 Falling Water Lane has been categorized by the local assessors in Morgantown, WV as a type of property. The building on the property was first built in 2020 and is 6 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 200 stories. In addition, 263 Falling Water Lane has 3,191 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 that is 665 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 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from 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. 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, 263 Falling Water Lane sold most recently in Oct 2, 2023 for a total of $585,000. If you work out the math, that's approximately a cost of $183.33 per sqft. 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 $271,594 in taxes each year. 263 Falling Water Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $253,920. If we break it down further, the land itself was valued at $82,440. Improvements to the property, however, were assessed at a total of $171,480. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Stone Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230902
09/02/2023
3 Bed
3.5 Bath
3192 ft²
$569,800
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
3192 ft²
-
-
DEBRA SULLIVAN
J.S. WALKER ASSOC.


Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 665
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,191
  • Building Area: 3,191
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,191
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: UNIT NO 241 PH 12 0.15 AC OR 6730 SQ FT BLUFFS AT FALLING WATER

Neighborhood

  • School District Name: Monongalia School District
  • Census Tract: 011700

Geography

  • District: 18
  • Parcel: 31-18- 8M-0028.0000
  • Municipality: UNION
  • Latitude: 39.6968
  • Longitude: -79.8387

    Address

  • Full Address: 263 Falling Water Ln
  • Address - House Number: 263
  • Address - Street Name: Falling Water
  • Address - Suffix Type: Ln
  • State: WV
  • City Name: Morgantown
  • Carrier Code: R020
  • 4-Digit Zip Code: 4550
  • Zip Code: 26508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $271,594

    Appraisal Valuation

  • Standard Deviation: 0.0758
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 94
  • Final Value: 566,399
  • High Value: 609,382
  • Low Value: 523,416

    Market Valuation

  • Market Total Value: $423,200
  • Market Land Value: $137,400
  • Market Improvement Value: $285,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,920
  • Assessed Land Value: $82,440
  • Assessed Improvements Value: $171,480

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 910410
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Cheat Lake



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Frequently Asked Questions

What neighborhood is 263 Falling Water Lane located in?
The 263 Falling Water Lane is a house located in the neighborhood of Cheat Lake in Cheat Lake, Morgantown.
What is the average sales price for listings in 263 Falling Water Lane?
The average sales price for units in 263 Falling Water Lane is $0 currently.