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311 Lane Drive

311 Lane Drive, Elizabeth City, NC 27909
Property in Nixonton Terrace
Sold Mar 23, 2021
$315,000
$310,475 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Aug 17, 2016
$275,000
$153,200 by Townebank Mortgage
Mortgage Due Sep 01, 2036
Local assessors in Elizabeth City, NC have categorized 311 Lane Drive as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 30,013 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. 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 311 Lane Drive has a total of 1,668 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. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 748 sqft. There are 3 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 - C+. 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 forced air unit is the primary heating source and it is being fueled with oil. 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. Based on our sources, 311 Lane Drive was last sold in Mar 23, 2021 for $315,000. According to our calculations, that's $151.08 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Aug 16, 2016. Current property owners are expected to pay $1,930 in taxes per year. The property on 311 Lane Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $289,700. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,013
  • Total Building Area: 2,085
  • Gross Building Area: 2,085
  • Building Area: 2,085
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,668
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NIXONTON TERRACE
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NIXONTON

Ownership

  • Current Owner : CYNTJE PORFIRIO A
  • Previous Owner : PAYNE RONALD CARTER
  • Owner Before Previous Owner: LANGE PAUL DAVID
  • Owner Before Previous Owner 2: LANGE ELIZABETH M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Pasquotank County Schools
  • Census Tract: 960702

Zoning

  • Zoning: R-25A

Geography

  • Assessors Map Reference: P12A-38
  • Account Number: 142471
  • Parcel: 880902596588
  • Block: 38
  • Lot: 8
  • Municipality: NI
  • Latitude: 36.1914
  • Longitude: -76.2692

    Address

  • Full Address: 311 Lane Dr
  • Address - House Number: 311
  • Address - Street Name: Lane
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Elizabeth City
  • Carrier Code: R002
  • 4-Digit Zip Code: 7283
  • Zip Code: 27909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,930

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: May 17, 2023
  • Confidence Score: 70
  • Final Value: 383,367
  • High Value: 467,201
  • Low Value: 299,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,475
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Loan Amount: $310,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $289,700
  • Market Land Value: $91,800
  • Market Improvement Value: $197,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $289,700

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11826263395
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 462984
  • Previous Sale Recording Date: Aug 17, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $310,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Aug 17, 2016
  • Previous Mortgage Loan Amount: $153,200
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Nixonton Terrace



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Frequently Asked Questions

What neighborhood is 311 Lane Drive located in?
The 311 Lane Drive is a located in the neighborhood of Nixonton Terrace in Nixonton Terrace, Elizabeth City.
What is the average sales price for listings in 311 Lane Drive?
The average sales price for units in 311 Lane Drive is $0 currently.

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