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46 Fargo Lane

46 Fargo Lane, Sylva, NC 28779
Property in Jackson
Sold Oct 07, 2022
$220,000
$170,000 by United Community Bank
Mortgage Due Nov 01, 2052
Sold May 28, 2019
$135,000
$101,250 by Jackson Savings Bank
Mortgage Due Jun 01, 2034
Local assessors in Sylva, NC have categorized 46 Fargo Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 9,583 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 46 Fargo Lane has a total of 1,004 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 252 sqft. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. The property was last sold in Oct 7, 2022 for $220,000. That's $219.12 per sqft. Prior to that sales transaction, the property was also sold in May 28, 2019 for $135,000. 46 Fargo Lane was last assessed in 2022. The total value of the property was assessed at $143,020. Specifically, the land the property is located on was valued at $23,100. While improvements on the property were assessed at a total of $119,920. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $543. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,004
  • Building Area: 1,004
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,004
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUCHANAN SUBDIVISION
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 1,PT LT 2 J P BUCHANAN

Ownership

  • Current Owner : SCHUTT FRED GERALD
  • Current Owner 2: SCHUTT MARY CATHERINE
  • Previous Owner : GATES HAROLD DAVID
  • Previous Owner 2: GATES CARMALETTA
  • Owner Before Previous Owner: HOKANSON ERIC S
  • Owner Before Previous Owner 2: HOKANSON MEGAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950400

Zoning

  • Zoning: R1 RES DIS

Geography

  • Assessors Map Reference: MAP 7631.02
  • Parcel: 7631-65-1855
  • Lot: 1-2
  • Municipality: SYLVA-CITY
  • Latitude: 35.3681
  • Longitude: -83.2405

    Address

  • Full Address: 46 Fargo Ln
  • Address - House Number: 46
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Sylva
  • Carrier Code: R008
  • 4-Digit Zip Code: 6793
  • Zip Code: 28779

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $543

    Appraisal Valuation

  • Standard Deviation: 0.2686
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 61
  • Final Value: 228,224
  • High Value: 289,534
  • Low Value: 166,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 07, 2022
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,020
  • Assessed Land Value: $23,100
  • Assessed Improvements Value: $119,920

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Transaction ID: 11896987497
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 28, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 07, 2022
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JACKSON SAVINGS BANK
  • Previous Mortgage Transaction Date: May 28, 2019
  • Previous Mortgage Loan Amount: $101,250
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Jackson



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Frequently Asked Questions

What neighborhood is 46 Fargo Lane located in?
The 46 Fargo Lane is a located in the neighborhood of Jackson in Jackson, Sylva.
What is the average sales price for listings in 46 Fargo Lane?
The average sales price for units in 46 Fargo Lane is $0 currently.

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