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1227 Ballantrae Lane

1227 Ballantrae Lane, Mc Lean, VA 22101
Property in McLean
Sold Apr 09, 2021
$1,900,000
$4,550,000 by Wesbanco Bank Inc
Mortgage Due Feb 01, 2052
1227 Ballantrae Lane has been categorized by the local assessors in Mc Lean, VA as a residential type of property. The area measurement of the land has been determined as 87,556 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. In terms of heating, the home is utilizing electricity. 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. 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, 1227 Ballantrae Lane was last sold in Apr 6, 2021 for $1,900,000. Current property owners are expected to pay $21,055 in taxes per year. The property on 1227 Ballantrae Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,805,000. To break that down further, the land itself was valued at $1,805,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BALLANTRAE FARMS
  • Land Acres: 2.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BALLANTRAE FARMS LT 30B2

Ownership

  • Current Owner : SCHWARTZ ROY
  • Current Owner 2: SCHWARTZ KELLY
  • Previous Owner : LANE H EDWARD H
  • Previous Owner 2: LANE ROBERT A
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 470400

Zoning

  • Zoning: 110

Geography

  • Assessors Map Reference: 031-1
  • District: Jan 01, 2002
  • Parcel: 0311-02-0030B2
  • Lot: 30B
  • Municipality: DRANESVILLE DIST #1A
  • Latitude: 38.9398
  • Longitude: -77.1601

    Address

  • Full Address: 1227 Ballantrae Ln
  • Address - House Number: 1227
  • Address - Street Name: Ballantrae
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Mc Lean
  • Zip Code: 22101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,055
  • Tax Rate Code Area: 20101

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 54
  • Final Value: 2,103,567
  • High Value: 2,580,484
  • Low Value: 1,626,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,550,000
  • First Open Lien Mortgage Lender: WESBANCO BANK INC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $4,550,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,805,000
  • Market Land Value: $1,805,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,805,000
  • Assessed Land Value: $1,805,000

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11830862629
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021064183.001

    Last Sale Mortgage

  • First Mortgage Lender: WESBANCO BANK INC
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $1,330,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2031

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1227 Ballantrae Lane located in?
The 1227 Ballantrae Lane is a located in the neighborhood of McLean in McLean, Mc Lean.
What is the average sales price for listings in 1227 Ballantrae Lane?
The average sales price for units in 1227 Ballantrae Lane is $0 currently.

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