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326 West Margaret Lane

326 West Margaret Lane, Hillsborough, NC 27278
House in Orange
Sold Jul 21, 2020
$490,000
$392,000 by Movement Mortgage
Mortgage Due Aug 01, 2050
Sold Dec 29, 2005
$170,000
$153,000 by Countrywide Bank Na
Mortgage Due Jan 01, 2036
326 West Margaret Lane has been categorized by the local assessors in Hillsborough, NC as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 2017. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 326 West Margaret Lane has 1,800 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of materials we are unsure of. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Jul 17, 2020 for $490,000. That's $272.22 per sqft. Prior to that sales transaction, the property was also sold in Dec 16, 2005 for $170,000. 326 West Margaret Lane was last assessed in 2023. The total value of the property was assessed at $484,100. Specifically, the land the property is located on was valued at $127,500. While improvements on the property were assessed at a total of $356,600. 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 $7,102. The initial tax year of delinquency was in 2022. 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: 1926
  • Effective Year Built: 2017
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,800
  • Gross Building Area: 2,280
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF THE RUFFIN PROPERTY
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 1 DAVID MARION TRUST P113/154

Ownership

  • Current Owner : MILLER MARC
  • Current Owner 2: PAINO SUSAN
  • Previous Owner : MARION DAVID
  • Previous Owner 2: MARION WENDY
  • Owner Before Previous Owner: WILLIAMS PAUL R
  • Owner Before Previous Owner 2: WILLIAMS JUDITH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011001

Geography

  • Assessors Map Reference: 5459/359
  • District: 4
  • Parcel: 9864-86-1032
  • Municipality: HILLSBOROUGH
  • Latitude: 36.0745
  • Longitude: -79.1079

    Address

  • Full Address: 326 W Margaret Ln
  • Address - House Number: 326
  • Street Direction: W
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: C001
  • 4-Digit Zip Code: 2426
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,102
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: ORAG,HILL

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 641,547
  • High Value: 763,612
  • Low Value: 519,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $484,100
  • Market Land Value: $127,500
  • Market Improvement Value: $356,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,100
  • Assessed Land Value: $127,500
  • Assessed Improvements Value: $356,600

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11774942292
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30025627
  • Previous Sale Recording Date: Dec 29, 2005
  • Previous Sale Contract Date: Dec 16, 2005
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK NA
  • Previous Mortgage Transaction Date: Dec 29, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Hillsborough



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Frequently Asked Questions

What neighborhood is 326 West Margaret Lane located in?
The 326 West Margaret Lane is a house located in the neighborhood of Orange in Hillsborough, Hillsborough.
What is the average sales price for listings in 326 West Margaret Lane?
The average sales price for units in 326 West Margaret Lane is $0 currently.

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