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514 Farmer Lane

514 Farmer Lane, Vinton, VA 24179
Property in Bedford
Sold Dec 02, 2016
$137,000
$138,383 by Atlantic Coast Mortgage Llc
Mortgage
Sold Jun 22, 2016
$84,000
514 Farmer Lane in Vinton, VA was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 514 Farmer Lane has 1,378 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 1,378 sqft and has been categorized as a full basement. In total, the area measurement of the land is 40,511 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 514 Farmer Lane was last sold in Nov 22, 2016 for $137,000. According to our calculations, that's $99.42 per sqft. Prior to that sales transaction, the property was sold for $84,000 in Jun 17, 2016. Current property owners are expected to pay $738 in taxes per year. The property on 514 Farmer Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,950. 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. 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. 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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,378
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MTN VIEW
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MTN VIEW LT 11 SC 4

Ownership

  • Current Owner : KENNEDY CONNOR K
  • Previous Owner : Mack Investments Inc
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030603

Zoning

  • Zoning: R1

Geography

  • Section: 4
  • Parcel: 158A 5 11
  • Lot: 11
  • Municipality: BLUE RIDGE
  • Latitude: 37.2741
  • Longitude: -79.7592

    Address

  • Full Address: 514 Farmer Ln
  • Address - House Number: 514
  • Address - Street Name: Farmer
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Vinton
  • Carrier Code: R001
  • 4-Digit Zip Code: 4109
  • Zip Code: 24179

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 254,812
  • High Value: 312,282
  • Low Value: 197,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,383
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2016
  • First Open Lien Mortgage Loan Amount: $138,383
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $179,900
  • Market Land Value: $38,000
  • Market Improvement Value: $141,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,950

    Sales

  • Current Sale Contract Date: Nov 22, 2016
  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Transaction ID: 1884638014
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160011512
  • Previous Sale Recording Date: Jun 22, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 02, 2016
  • First Mortgage Loan Amount: $138,383
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Bedford



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Frequently Asked Questions

What neighborhood is 514 Farmer Lane located in?
The 514 Farmer Lane is a located in the neighborhood of Bedford in Bedford, Vinton.
What is the average sales price for listings in 514 Farmer Lane?
The average sales price for units in 514 Farmer Lane is $0 currently.

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