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246 Lake Marion Lane

246 Lake Marion Lane, Vance, SC 29163
Property in Orangeburg
Sold Jan 03, 2006
$280,000
$224,000 by Branch Banking And Trust Compa
Mortgage Due Jan 01, 2036
Local assessors in Vance, SC have categorized 246 Lake Marion Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 2,360 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 246 Lake Marion Lane has a total of 2,218 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. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,109 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. 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 - B. The building has a roof that is made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 246 Lake Marion Lane sold most recently in Dec 28, 2005 for a total of $280,000. If you work out the math, that's approximately a cost of $126.24 per sqft. 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 $1,315 in taxes each year. 246 Lake Marion Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,333. If we break it down further, the land itself was valued at $3,685. Improvements to the property, however, were assessed at a total of $9,648. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. 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: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Brick
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,109
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 2,360
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,218
  • Gross Building Area: 2,218
  • Building Area: 2,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S-38-1660 MILL CREEK LANDING 4, PORTION OF 5 3011250202

Ownership

  • Current Owner : WALLACE JOHN N
  • Previous Owner : CARROLL JASON D

Neighborhood

  • School District Name: Orangeburg School District 3
  • Census Tract: 010302

Geography

  • Account Number: 0940341
  • Parcel: 0343-10-02-005
  • Block: 5
  • Municipality: SCHOOL DIST 3
  • Latitude: 33.4454
  • Longitude: -80.399

    Address

  • Full Address: 246 Lake Marion Ln
  • Address - House Number: 246
  • Address - Street Name: Lake Marion
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Vance
  • Carrier Code: R002
  • 4-Digit Zip Code: 9555
  • Zip Code: 29163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,315
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.1086
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 78
  • Final Value: 229,761
  • High Value: 254,732
  • Low Value: 204,789

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $294,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST COMPA
  • First Open Lien Mortgage Recording Date: Jan 03, 2006
  • First Open Lien Mortgage Loan Amount: $224,000
  • 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: Jan 01, 2036
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST COMPA
  • Second Open Lien Mortgage Recording Date: Feb 15, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $222,210
  • Market Land Value: $61,410
  • Market Improvement Value: $160,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,333
  • Assessed Land Value: $3,685
  • Assessed Improvements Value: $9,648

    Sales

  • Current Sale Contract Date: Dec 28, 2005
  • Current Sale Recording Date: Jan 03, 2006
  • Current Sale Transaction ID: 1143996368
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST COMPA
  • First Mortgage Transaction Date: Jan 03, 2006
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

About Orangeburg



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Frequently Asked Questions

What neighborhood is 246 Lake Marion Lane located in?
The 246 Lake Marion Lane is a located in the neighborhood of Orangeburg in Orangeburg, Vance.
What is the average sales price for listings in 246 Lake Marion Lane?
The average sales price for units in 246 Lake Marion Lane is $0 currently.

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