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72 David Palmer Lane

72 David Palmer Lane, Roanoke, VA 24012
Property in Botetourt
Sold Jul 24, 2019
$148,000
$148,000 by Alcova Mortgage Llc
Mortgage
Sold Jun 10, 2015
$57,299
72 David Palmer Lane has been categorized by the local assessors in Roanoke, VA as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 72 David Palmer Lane has 1,728 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 54,450 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a above ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 72 David Palmer Lane sold most recently in Apr 9, 2019 for a total of $148,000. If you work out the math, that's approximately a cost of $85.65 per sqft. Before that, the property was also sold for $57,299 in Jan 1, 1970. 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 $860 in taxes each year. The initial year of tax delinquency occurred in 2018. 72 David Palmer Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,900. If we break it down further, the land itself was valued at $23,100. Improvements to the property, however, were assessed at a total of $85,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D-
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.25
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: GLADE CR

Ownership

  • Current Owner : OVERSTREET ZACHARY W
  • Previous Owner : REESE HADEN E
  • Owner Before Previous Owner: HOUSEHOLD REALTY CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Botetourt County Public Schools
  • Census Tract: 040502

Zoning

  • Zoning: A1

Geography

  • Account Number: 14981
  • Parcel: 108-182C
  • Latitude: 37.3351
  • Longitude: -79.8437

    Address

  • Full Address: 72 David Palmer Ln
  • Address - House Number: 72
  • Address - Street Name: David Palmer
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Roanoke
  • Carrier Code: R001
  • 4-Digit Zip Code: 9017
  • Zip Code: 24012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $860
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 200,783
  • High Value: 241,963
  • Low Value: 159,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 24, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $108,900
  • Market Land Value: $23,100
  • Market Improvement Value: $85,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,900
  • Assessed Land Value: $23,100
  • Assessed Improvements Value: $85,800

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Jul 24, 2019
  • Current Sale Transaction ID: 11633509329
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190002554
  • Previous Sale Recording Date: Jun 10, 2015
  • Previous Sale Amount: $57,299
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 24, 2019
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Botetourt



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Frequently Asked Questions

What neighborhood is 72 David Palmer Lane located in?
The 72 David Palmer Lane is a located in the neighborhood of Botetourt in Botetourt, Roanoke.
What is the average sales price for listings in 72 David Palmer Lane?
The average sales price for units in 72 David Palmer Lane is $0 currently.

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