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306 Clambank Lane

306 Clambank Lane, Lexington, SC 29072
Property in Lexington
Sold Feb 01, 2019
$345,000
$276,000 by Ameris Bank
Mortgage Due Feb 01, 2049
Sold Aug 25, 2017
$96,000
Local assessors in Lexington, SC have categorized 306 Clambank Lane as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 9,148 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, 5 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 4 full bathrooms. There are also 4 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 306 Clambank Lane has a total of 4,044 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick veneer 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 central heating system is the primary heating source. 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, 306 Clambank Lane sold most recently in Jan 30, 2019 for a total of $345,000. If you work out the math, that's approximately a cost of $85.31 per sqft. Before that, the property was also sold for $96,000 in Aug 24, 2017. 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 $2,333 in taxes each year. 306 Clambank Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,800. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $11,400. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 4,044
  • Building Area: 4,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: BARR LAKE PH II LOT 202

Ownership

  • Current Owner : PATEL JIGNESHKUMAR A
  • Current Owner 2: PATEL RASHMIKABEN J
  • Previous Owner : ESSEX HOMES SOUTHEAST INC
  • Owner Before Previous Owner: BARR LAKE ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District 1
  • Census Tract: 021040

Zoning

  • Zoning: ID

Geography

  • Assessors Map Reference: MB 19095 PG 228
  • Parcel: 005307-01-206
  • Lot: 202
  • Municipality: LEXINGTON TOWN LMTS
  • Latitude: 33.9604
  • Longitude: -81.2674

    Address

  • Full Address: 306 Clambank Ln
  • Address - House Number: 306
  • Address - Street Name: Clambank
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Lexington
  • Carrier Code: R044
  • 4-Digit Zip Code: 2339
  • Zip Code: 29072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,333
  • Tax Rate Code Area: 1L

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 70
  • Final Value: 510,583
  • High Value: 621,602
  • Low Value: 399,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2019
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Feb 01, 2049

    Market Valuation

  • Market Total Value: $345,000
  • Market Land Value: $60,000
  • Market Improvement Value: $285,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,800
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $11,400

    Sales

  • Current Sale Contract Date: Jan 30, 2019
  • Current Sale Recording Date: Feb 01, 2019
  • Current Sale Transaction ID: 11566484495
  • Current Sale Price: $345,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2019004726
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Contract Date: Aug 24, 2017
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Feb 01, 2019
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

About Lexington



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Frequently Asked Questions

What neighborhood is 306 Clambank Lane located in?
The 306 Clambank Lane is a located in the neighborhood of Lexington in Lexington, Lexington.
What is the average sales price for listings in 306 Clambank Lane?
The average sales price for units in 306 Clambank Lane is $0 currently.

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