Check Availability

46 Falling Water Lane

46 Falling Water Lane, Morgantown, WV 26508
Land in Cheat Lake
Local assessors in Morgantown, WV have categorized 46 Falling Water Lane as a type of property. The home was built in 2018 and is 8 years old. The property's lot size has been calculated to be 34,412 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 6 partial bathrooms. This is a 200 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 46 Falling Water Lane has a total of 5,824 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a that is 1,500 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 sources its water from system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 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 - . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 46 Falling Water Lane sold most recently in Jul 27, 2018 for a total of $801,855. If you work out the math, that's approximately a cost of $137.68 per sqft. Before that, the property was also sold for $120,000 in Mar 12, 2018. 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 $477,598 in taxes each year. 46 Falling Water Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $446,520. If we break it down further, the land itself was valued at $88,200. Improvements to the property, however, were assessed at a total of $358,320. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210911
09/11/2021
Loft
-
-
$43,000
bedrooms
Loft
bathrooms
-
-
-
SUSAN PAPPAS
HOWARD HANNA
20200925
09/25/2020
Loft
-
-
$44,900
bedrooms
Loft
bathrooms
-
-
-
-
20190216
02/16/2019
Studio
-
-
$70,000
bedrooms
Studio
bathrooms
-
-
10/07/2019
CAITLYN ALEXANDER


Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 5,824
  • Building Area: 5,824
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALLING WATER SUB
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LOT 1A OR 0.79 AC FALLING WATER SUBDIV PHASE 2

Neighborhood

  • School District Name: Monongalia School District
  • Census Tract: 011700

Geography

  • District: 18
  • Parcel: 31-18- 8G-0033.0000
  • Lot: 1A
  • Municipality: UNION
  • Latitude: 39.6985
  • Longitude: -79.839

    Address

  • Full Address: 46 Falling Water Ln
  • Address - House Number: 46
  • Address - Street Name: Falling Water
  • Address - Suffix Type: Ln
  • State: WV
  • City Name: Morgantown
  • Carrier Code: R020
  • 4-Digit Zip Code: 4498
  • Zip Code: 26508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,598

    Appraisal Valuation

  • Standard Deviation: 0.0764
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 94
  • Final Value: 30,471
  • High Value: 32,801
  • Low Value: 28,141

    Market Valuation

  • Market Total Value: $744,200
  • Market Land Value: $147,000
  • Market Improvement Value: $597,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,520
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $358,320

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 731485
  • Previous Sale Recording Date: Mar 15, 2018
  • Previous Sale Contract Date: Mar 12, 2018
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Cheat Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 46 Falling Water Lane located in?
The 46 Falling Water Lane is a land located in the neighborhood of Cheat Lake in Cheat Lake, Morgantown.
What is the average sales price for listings in 46 Falling Water Lane?
The average sales price for units in 46 Falling Water Lane is $75,000 currently.