44 Lantern Lane

44 Lantern Lane in Lexington, VA was first built in 2012 and is 12 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 44 Lantern Lane has 2,272 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,590 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 162,914 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with propane. 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, 44 Lantern Lane sold most recently in Dec 6, 2021 for a total of $450,000. If you work out the math, that's approximately a cost of $198.06 per sqft. Before that, the property was also sold for $390,000 in Jun 2, 2020. 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 $3,079 in taxes each year. 44 Lantern Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $504,800. If we break it down further, the land itself was valued at $87,400. Improvements to the property, however, were assessed at a total of $417,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.