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362 Cedar Lane

362 Cedar Lane, Toccoa, GA 30577
Property in Stephens
Sold Nov 17, 2021
$175,000
$157,500 by Homestar Financial
Mortgage Due Jan 01, 2051
Sold Mar 01, 1993
$70,000
362 Cedar Lane has been categorized by the local assessors in Toccoa, GA as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 362 Cedar Lane has 1,598 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 30,056 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 420 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable style roof made of metal. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Nov 17, 2021 for $175,000. That's $109.51 per sqft. Prior to that sales transaction, the property was also sold in Mar 1, 1993 for $70,000. 362 Cedar Lane was last assessed in 2023. The total value of the property was assessed at $60,690. Specifically, the land the property is located on was valued at $3,232. While improvements on the property were assessed at a total of $57,458. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,147. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Wood Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,598
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 161 & 162 MEADOWBROOK S/D

Ownership

  • Current Owner : RICE BERNARD R
  • Previous Owner : WILKES TRACY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stephens County School District
  • School Tax School District: 2-TOCCOA
  • Census Tract: 970302

Zoning

  • Zoning: R-IA

Geography

  • Account Number: 786250
  • Parcel: 032B 123
  • Lot: 161
  • Municipality: TOCCOA
  • Latitude: 34.5556
  • Longitude: -83.303

    Address

  • Full Address: 362 Cedar Ln
  • Address - House Number: 362
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Toccoa
  • Carrier Code: C006
  • 4-Digit Zip Code: 3706
  • Zip Code: 30577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,147
  • Tax Rate Code Area: 2-TOCCOA

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 50
  • Final Value: 195,415
  • High Value: 243,751
  • Low Value: 147,078

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,500
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $157,500
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $151,726
  • Market Land Value: $8,081
  • Market Improvement Value: $143,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,690
  • Assessed Land Value: $3,232
  • Assessed Improvements Value: $57,458

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11874598808
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-001606
  • Previous Sale Recording Date: Mar 01, 1993
  • Previous Sale Contract Date: Mar 01, 1993
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $157,500
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Toccoa



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 362 Cedar Lane located in?
The 362 Cedar Lane is a located in the neighborhood of Stephens in Toccoa, Toccoa.
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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