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38549 Bet Lane

38549 Bet Lane, Mechanicsville, MD 20659
Property in St. Mary's
Sold Sep 16, 2021
$188,500
$185,085 by Townebank Mortgage
Mortgage Due Sep 01, 2051
Local assessors in Mechanicsville, MD have categorized 38549 Bet Lane as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 32,756 square feet. As for the restroom situation, there are 2 full bathrooms. 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 38549 Bet Lane has a total of 1,646 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 is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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. 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 - A. The building has a roof that is made of metal. The home's a forced air unit is the primary heating source. 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, 38549 Bet Lane was last sold in Sep 3, 2021 for $188,500. According to our calculations, that's $114.52 per sqft. Current property owners are expected to pay $2,239 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 38549 Bet Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $198,033. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,756
  • Total Building Area: 1,646
  • Gross Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION LAND OF A EDWARD MEREDITH
  • Land Acres: 0.752
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 32,756 SF S/S OF OLD VILLAGE RD LAND OF EDWARD MEREDITH

Ownership

  • Current Owner : OLIVER LEWIS PHILLIP
  • Current Owner 2: HERBERT PAMELA LYNN
  • Previous Owner : SISTERS 4 EVER LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: St. Marys County Public Schools
  • Census Tract: 875201

Zoning

  • Zoning: RL

Geography

  • Assessors Map Reference: 9 13 98
  • Account Number: 000076
  • District: 05
  • Parcel: 05-000076
  • Latitude: 38.4402
  • Longitude: -76.7428

    Address

  • Full Address: 38549 Bet Ln
  • Address - House Number: 38549
  • Address - Street Name: Bet
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Mechanicsville
  • Carrier Code: R015
  • 4-Digit Zip Code: 4235
  • Zip Code: 20659

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,239
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 288,377
  • High Value: 341,956
  • Low Value: 234,798

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,637
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $185,085
  • 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, 2051
  • Second Open Lien Mortgage Lender: MARYLAND DEPT OF HOUSING & COM
  • Second Open Lien Mortgage Recording Date: Sep 16, 2021
  • Second Open Lien Mortgage Loan Amount: $5,552
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $201,500
  • Market Land Value: $106,200
  • Market Improvement Value: $95,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,033

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11857228895
  • Current Sale Price: $188,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $185,085
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Mechanicsville



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Frequently Asked Questions

What neighborhood is 38549 Bet Lane located in?
The 38549 Bet Lane is a located in the neighborhood of St. Mary's in Mechanicsville, Mechanicsville.
What is the average sales price for listings in 38549 Bet Lane?
The average sales price for units in 38549 Bet Lane is $0 currently.

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