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2738 McLain Lane

2738 McLain Lane, Albany, GA 31707
Property in Eagle Trace
Sold May 24, 2013
$80,000
$76,312 by Homeowners Mortgage
Mortgage Due Jun 01, 2043
Sold Oct 28, 2010
$85,000
$82,845 by Quicken Loans Inc
Mortgage Due Nov 01, 2040
Local assessors in Albany, GA have categorized 2738 McLain Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 360 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2738 McLain Lane has a total of 1,092 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of shingle (not wood). Lots of shingles that aren't wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2738 McLain Lane sold most recently in May 24, 2013 for a total of $80,000. If you work out the math, that's approximately a cost of $73.26 per sqft. Before that, the property was also sold for $85,000 in Oct 26, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $310 in taxes each year. 2738 McLain Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,960. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $26,960. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Single (not wood)
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLE TRACE TOWNHOMES
  • Land Acres: 0.1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 64 EAGLE TRACE S/D SEC 3

Ownership

  • Current Owner : JOHNSON JOCELYN L
  • Previous Owner : VANLERBERGHE LISA
  • Owner Before Previous Owner: DIXON ISAAC J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dougherty School District
  • School Tax School District: CITY OF ALBANY
  • Census Tract: 000400

Geography

  • Account Number: 36743
  • Section: 3
  • Parcel: 0000S/00014/064
  • Block: 409
  • Lot: 64
  • Municipality: CITY
  • Latitude: 31.6191
  • Longitude: -84.1974

    Address

  • Full Address: 2738 Mclain Ln
  • Address - House Number: 2738
  • Address - Street Name: Mclain
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 7618
  • Zip Code: 31707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $310
  • Tax Rate Code Area: CITY OF AL

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 84,146
  • High Value: 95,179
  • Low Value: 73,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,312
  • First Open Lien Mortgage Lender: HOMEOWNERS MORTGAGE
  • First Open Lien Mortgage Recording Date: May 24, 2013
  • First Open Lien Mortgage Loan Amount: $76,312
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2043

    Market Valuation

  • Market Total Value: $77,400
  • Market Land Value: $10,000
  • Market Improvement Value: $67,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,960
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $26,960

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: May 24, 2013
  • Current Sale Transaction ID: 1083030653
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-001093
  • Previous Sale Recording Date: Oct 28, 2010
  • Previous Sale Contract Date: Oct 26, 2010
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS MORTGAGE
  • First Mortgage Transaction Date: May 24, 2013
  • First Mortgage Loan Amount: $76,312
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Oct 28, 2010
  • Previous Mortgage Loan Amount: $82,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Eagle Trace



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Frequently Asked Questions

What neighborhood is 2738 McLain Lane located in?
The 2738 McLain Lane is a located in the neighborhood of Eagle Trace in Eagle Trace, Albany.
What is the average sales price for listings in 2738 McLain Lane?
The average sales price for units in 2738 McLain Lane is $0 currently.

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