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270 Ada Lane

270 Ada Lane, Clemmons, NC 27012
Property in Davidson
Sold Mar 01, 2021
Transfer
$208,471 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2051
Sold Nov 03, 2005
$225,000
$157,430 by World Savings Bank Fsb
Mortgage Due Nov 15, 2035
Local assessors in Clemmons, NC have categorized 270 Ada Lane as a residential type of property. The home was built in 2004 and is 20 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 41,382 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 270 Ada Lane has a total of 1,218 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a cathedral style roof that was made of wood shake/ shingles. Lots of brick veneer 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 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. 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. Prior to that sales transaction, the property was sold for $225,000 in Oct 5, 2005. Current property owners are expected to pay $1,967 in taxes per year. The property on 270 Ada Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $307,320. 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. 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.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: 2004
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 380
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 3,238
  • Gross Building Area: 3,238
  • Building Area: 3,238
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,218
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CURTIS FARMS
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB42-100 L16 BK2460-1544 CURTIS FARMS

Ownership

  • Current Owner : ADAMS LISA BETH
  • Previous Owner : ADAMS DOUGLAS EUGENE
  • Previous Owner 2: ADAMS LISA BETH
  • Owner Before Previous Owner: COLONIAL HOMES GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR34
  • Census Tract: 060303

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: MAP 016
  • Account Number: 9251788
  • District: 3
  • Parcel: 03-016-B-000-0016
  • Municipality: ARCADIA
  • Latitude: 35.9519
  • Longitude: -80.3335

    Address

  • Full Address: 270 Ada Ln
  • Address - House Number: 270
  • Address - Street Name: Ada
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Clemmons
  • Carrier Code: R014
  • 4-Digit Zip Code: 7385
  • Zip Code: 27012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,967

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 63
  • Final Value: 382,010
  • High Value: 480,946
  • Low Value: 283,075

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,471
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $208,471
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $307,320
  • Market Land Value: $43,000
  • Market Improvement Value: $264,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,320

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11823630320
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021000004651
  • Previous Sale Recording Date: Nov 03, 2005
  • Previous Sale Contract Date: Oct 05, 2005
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $208,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Nov 03, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $157,430
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Nov 15, 2035

About Davidson



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Frequently Asked Questions

What neighborhood is 270 Ada Lane located in?
The 270 Ada Lane is a located in the neighborhood of Davidson in Davidson, Clemmons.
What is the average sales price for listings in 270 Ada Lane?
The average sales price for units in 270 Ada Lane is $0 currently.

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