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31 Alexander Farms Lane

31 Alexander Farms Lane, Alexander, NC 28701
Property in Buncombe
Sold Aug 20, 2020
$363,000
$140,000 by Bay Equity Llc
Mortgage Due Sep 01, 2035
Sold Jul 08, 2011
$278,500
$188,500 by Cunningham & Co
Mortgage Due Aug 01, 2041
Local assessors in Alexander, NC have categorized 31 Alexander Farms Lane as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 57,935 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 3 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 3 full bathrooms. There are also 3 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 31 Alexander Farms Lane has a total of 2,340 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,580 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. 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 both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - C. The building has a gable style roof that was made of composition shingle. Lots of wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 19, 2020 for $363,000. That's $114.15 per sqft. Prior to that sales transaction, the property was also sold in Jul 8, 2011 for $278,500. 31 Alexander Farms Lane was last assessed in 2023. The total value of the property was assessed at $362,300. Specifically, the land the property is located on was valued at $46,200. While improvements on the property were assessed at a total of $316,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,276. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,580
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 57,935
  • Total Building Area: 3,180
  • Gross Building Area: 3,180
  • Building Area: 2,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALEXANDER FARMS
  • Land Acres: 1.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: ALEXANDER FARMS LOT: LOT 5 (REV) PLAT: 0141-0169

Ownership

  • Current Owner : FOSTER JOYCE
  • Current Owner 2: FOSTER SUSAN
  • Previous Owner : KELLER DAVID G
  • Previous Owner 2: WILMER EMILY
  • Owner Before Previous Owner: MACONI JAY
  • Owner Before Previous Owner 2: MACONI RUTH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • Census Tract: 002604

Zoning

  • Zoning: OU

Geography

  • Assessors Map Reference: 9711-47
  • Account Number: 696297-2020-202
  • Parcel: 9711-47-7067-00000
  • Lot: 5
  • Municipality: LEICESTER
  • Latitude: 35.6654
  • Longitude: -82.6546

    Address

  • Full Address: 31 Alexander Farms Ln
  • Address - House Number: 31
  • Address - Street Name: Alexander Farms
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Alexander
  • Carrier Code: R001
  • 4-Digit Zip Code: 8803
  • Zip Code: 28701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,276

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 546,152
  • High Value: 643,783
  • Low Value: 448,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $362,300
  • Market Land Value: $46,200
  • Market Improvement Value: $316,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,300
  • Assessed Land Value: $46,200
  • Assessed Improvements Value: $316,100

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11781908880
  • Current Sale Price: $363,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 08, 2011
  • Previous Sale Contract Date: Jul 08, 2011
  • Previous Sale Amount: $278,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CUNNINGHAM & CO
  • Previous Mortgage Transaction Date: Jul 08, 2011
  • Previous Mortgage Loan Amount: $188,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2041

About Buncombe



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Frequently Asked Questions

What neighborhood is 31 Alexander Farms Lane located in?
The 31 Alexander Farms Lane is a located in the neighborhood of Buncombe in Buncombe, Alexander.
What is the average sales price for listings in 31 Alexander Farms Lane?
The average sales price for units in 31 Alexander Farms Lane is $0 currently.

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