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362 Cedar Lane

362 Cedar Lane, Reidsville, NC 27320
Property in Rockingham
Sold Aug 08, 2014
$116,000
$118,367 by Branch Banking And Trust Co
Mortgage Due Sep 01, 2044
362 Cedar Lane has been categorized by the local assessors in Reidsville, NC as a residential type of property. The building on the property was first built in 1986 and is 38 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 362 Cedar Lane has 1,064 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 22,651 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. In terms of heating, it is utilizing a heat pump and being fueled with geo-thermal energy. There is a single fireplace in the home. Perfect for those wintery nights. 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, 362 Cedar Lane sold most recently in Aug 6, 2014 for a total of $116,000. If you work out the math, that's approximately a cost of $109.02 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 $973 in taxes each year. 362 Cedar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,938. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $105,938. 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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 600
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,064
  • Heating Fuel Type: Geo-thermal energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEY FOR THOMAS W ELLIS
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 52 AC CEDAR LN SOMERSET

Ownership

  • Current Owner : CARL TROY ALAN
  • Current Owner 2: CARL DANIELLE RENEA
  • Previous Owner : MILLER BILLY RAY
  • Previous Owner 2: MILLER KRYSTAL DOSS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockingham County Schools
  • School Tax School District: WENTWORTH
  • Census Tract: 041100

Zoning

  • Zoning: RES PROTEC

Geography

  • Assessors Map Reference: 7996-01
  • Account Number: 145216
  • District: WENTWORTH
  • Parcel: 7996-01-26-0573-00
  • Municipality: 10
  • Latitude: 36.4034
  • Longitude: -79.7064

    Address

  • Full Address: 362 Cedar Ln
  • Address - House Number: 362
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Reidsville
  • Carrier Code: R003
  • 4-Digit Zip Code: 9460
  • Zip Code: 27320

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $973
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 168,945
  • High Value: 191,431
  • Low Value: 146,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,367
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 08, 2014
  • First Open Lien Mortgage Loan Amount: $118,367
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $123,938
  • Market Land Value: $18,000
  • Market Improvement Value: $105,938

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,938
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $105,938

    Sales

  • Current Sale Contract Date: Aug 06, 2014
  • Current Sale Recording Date: Aug 08, 2014
  • Current Sale Transaction ID: 1070820601
  • Current Sale Price: $116,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 528703

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Aug 08, 2014
  • First Mortgage Loan Amount: $118,367
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2044

About Wentworth



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Frequently Asked Questions

What neighborhood is 362 Cedar Lane located in?
The 362 Cedar Lane is a located in the neighborhood of Rockingham in Wentworth, Reidsville.
What is the average sales price for listings in 362 Cedar Lane?
The average sales price for units in 362 Cedar Lane is $0 currently.

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