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36 Zags Lane

36 Zags Lane, Lynchburg, VA 24502
Property in Campbell
Sold Aug 27, 2020
$199,900
$159,920 by Embrace Home Loans Inc
Mortgage
Local assessors in Lynchburg, VA have categorized 36 Zags Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 1,742 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 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 36 Zags Lane has a total of 1,662 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 frame control joints. The building has a flat style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a heat pump 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, 36 Zags Lane sold most recently in Aug 20, 2020 for a total of $199,900. If you work out the math, that's approximately a cost of $120.28 per sqft. 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 $1,004 in taxes each year. 36 Zags Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $193,100. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $173,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2020
  • Effective Year Built: 2020
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Flat
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMBERLY WAY VILLAS
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EMBERLY WAY VILLAS - LOT 48

Ownership

  • Current Owner : GREENE WILLIAM J
  • Current Owner 2: GREENE SHERRY Q
  • Previous Owner : 21934 TIMBERLAKE LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001602

Geography

  • Parcel: 020W-01000-048-0
  • Lot: 48
  • Latitude: 37.3223
  • Longitude: -79.2501

    Address

  • Full Address: 36 Zags Ln
  • Address - House Number: 36
  • Address - Street Name: Zags
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C066
  • 4-Digit Zip Code: 1417
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,004

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 64
  • Final Value: 294,521
  • High Value: 368,126
  • Low Value: 220,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,920
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $159,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $193,100
  • Market Land Value: $20,000
  • Market Improvement Value: $173,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $193,100
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $173,100

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11789194479
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200004936

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $159,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Timberlake



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Frequently Asked Questions

What neighborhood is 36 Zags Lane located in?
The 36 Zags Lane is a located in the neighborhood of Campbell in Timberlake, Lynchburg.
What is the average sales price for listings in 36 Zags Lane?
The average sales price for units in 36 Zags Lane is $0 currently.

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