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27 Lotus Lane

27 Lotus Lane, Sanford, NC 27332
Sold Apr 14, 2020
$179,000
$161,100 by American Financial Network Inc
Mortgage Due May 01, 2050
Sold Oct 19, 2005
$99,500
$134,550 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2035
Local assessors in Sanford, NC have categorized 27 Lotus Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 16,117 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, 4 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 27 Lotus Lane has a total of 1,761 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. The building has a gable style roof that was made of composition shingle. Lots of a combination of material 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 heat pump is the primary heating source and it is being fueled with electricity. 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, 27 Lotus Lane sold most recently in Apr 13, 2020 for a total of $179,000. If you work out the math, that's approximately a cost of $101.65 per sqft. Before that, the property was also sold for $99,500 in Oct 12, 2005. 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 $1,512 in taxes each year. 27 Lotus Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,703. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Venner Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,761
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROLINA LAKES
  • Land Acres: 0.37
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Manufacturing (light)
  • Legal Description 1: LT#288 BLK#P CAROLINA LKSPH#6 PC#D/58A

Ownership

  • Current Owner : AUSTIN CLYDE E
  • Current Owner 2: AUSTIN DENISE
  • Previous Owner : WALLINGA MICHAEL L
  • Previous Owner 2: WALLINGA DEBORAH L
  • Owner Before Previous Owner: WILSON JEROME
  • Owner Before Previous Owner 2: WILSON EWA D
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Harnett County Schools
  • School Tax School District: FR16
  • Census Tract: 071303

Zoning

  • Zoning: RA20R

Geography

  • Account Number: 1500040517
  • Subdivision Phase Number: 6
  • Parcel: 03958516 0288
  • Block: P
  • Lot: 288
  • Municipality: SPOUT SPRINGS FIRE
  • Latitude: 35.2861
  • Longitude: -79.0183

    Address

  • Full Address: 27 Lotus Ln
  • Address - House Number: 27
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Sanford
  • Carrier Code: R006
  • 4-Digit Zip Code: 0600
  • Zip Code: 27332

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,512
  • Tax Rate Code Area: SW RS60 FR

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 73
  • Final Value: 281,469
  • High Value: 336,559
  • Low Value: 226,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,100
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Apr 14, 2020
  • First Open Lien Mortgage Loan Amount: $161,100
  • 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: $200,703
  • Market Land Value: $42,090
  • Market Improvement Value: $158,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,703

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Transaction ID: 11756031562
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020005698
  • Previous Sale Recording Date: Oct 19, 2005
  • Previous Sale Contract Date: Oct 12, 2005
  • Previous Sale Amount: $99,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Apr 14, 2020
  • First Mortgage Loan Amount: $161,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 19, 2005
  • Previous Mortgage Loan Amount: $134,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Carolina Lakes



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Frequently Asked Questions

What neighborhood is 27 Lotus Lane located in?
The 27 Lotus Lane is a house located in the neighborhood of Carolina Lakes in Carolina Lakes, Sanford.
What is the average sales price for listings in 27 Lotus Lane?
The average sales price for units in 27 Lotus Lane is $189,900 currently.

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