Check Availability

108 Richard Lane

108 Richard Lane, Black Mountain, NC 28711
House in Buncombe
Sold Dec 10, 2020
$325,000
$292,500 by Bokf Na
Mortgage Due Jan 01, 2051
108 Richard Lane has been categorized by the local assessors in Black Mountain, NC as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 3 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, 108 Richard Lane has 1,769 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 27,007 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 273 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 5, 2020 for $325,000. That's $124.09 per sqft. 108 Richard Lane was last assessed in 2023. The total value of the property was assessed at $324,200. Specifically, the land the property is located on was valued at $44,300. While improvements on the property were assessed at a total of $279,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,574. 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. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 850
  • Garage Type: Garage
  • Garage Square Area: 273
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 2,619
  • Gross Building Area: 2,755
  • Building Area: 1,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,769
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 0045-0012

Ownership

  • Current Owner : WATKINS JASON T
  • Current Owner 2: WATKINS SHEILA A
  • Previous Owner : CUEVAS JUDITH W

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: CBM
  • Census Tract: 003107

Zoning

  • Zoning: CR-1

Geography

  • Assessors Map Reference: 0700-82
  • Account Number: 696326-2020-202
  • District: 25
  • Parcel: 0700-82-1086-00000
  • Municipality: BLACK MOUNTAIN
  • Latitude: 35.6333
  • Longitude: -82.3385

    Address

  • Full Address: 108 Richard Ln
  • Address - House Number: 108
  • Address - Street Name: Richard
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Black Mountain
  • Carrier Code: R001
  • 4-Digit Zip Code: 8773
  • Zip Code: 28711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,574
  • Tax Rate Code Area: CBM

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 529,444
  • High Value: 649,321
  • Low Value: 409,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $292,500
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $324,200
  • Market Land Value: $44,300
  • Market Improvement Value: $279,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,200
  • Assessed Land Value: $44,300
  • Assessed Improvements Value: $279,900

    Sales

  • Current Sale Contract Date: Dec 05, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11806792713
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Black Mountain



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 108 Richard Lane located in?
The 108 Richard Lane is a house located in the neighborhood of Buncombe in Black Mountain, Black Mountain.
What is the average sales price for listings in 108 Richard Lane?
The average sales price for units in 108 Richard Lane is $0 currently.

Quantcast