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81 Settle Lane

81 Settle Lane, Lebanon, VA 24266
Property in Russell
Sold May 08, 2020
$387,000
$328,950 by Quicken Loans Inc
Mortgage
81 Settle Lane in Lebanon, VA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 81 Settle Lane has 2,133 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 60,984 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 537 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 81 Settle Lane was last sold in Apr 27, 2020 for $387,000. According to our calculations, that's $181.43 per sqft. Current property owners are expected to pay $1,571 in taxes per year. The property on 81 Settle Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,300. To break that down further, the land itself was valued at $27,000. While improvements to the property were assessed at a total of $222,300. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 537
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,133
  • Building Area: 2,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,133
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CLINCH MTN
  • Land Acres: 1.4
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: CLINCH MTN TRACT C LEBANON

Ownership

  • Current Owner : LOWE TARA
  • Current Owner 2: LOWE JOHNATHAN
  • Previous Owner : STAFFORD GREGORY S
  • Previous Owner 2: STAFFORD DANA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Russell County Public Schools
  • Census Tract: 030402

Geography

  • Account Number: 1166
  • Subdivision Tract Number: C
  • Parcel: 64R 529
  • Municipality: LEBANON
  • Latitude: 36.9578
  • Longitude: -81.9018

    Address

  • Full Address: 81 Settle Ln
  • Address - House Number: 81
  • Address - Street Name: Settle
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Lebanon
  • Carrier Code: R001
  • 4-Digit Zip Code: 6679
  • Zip Code: 24266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,571

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 473,144
  • High Value: 575,886
  • Low Value: 370,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,950
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 08, 2020
  • First Open Lien Mortgage Loan Amount: $328,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $249,300
  • Market Land Value: $27,000
  • Market Improvement Value: $222,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,300
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $222,300

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Transaction ID: 11760900874
  • Current Sale Price: $387,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020800

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 08, 2020
  • First Mortgage Loan Amount: $328,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Russell



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Frequently Asked Questions

What neighborhood is 81 Settle Lane located in?
The 81 Settle Lane is a located in the neighborhood of Russell in Russell, Lebanon.
What is the average sales price for listings in 81 Settle Lane?
The average sales price for units in 81 Settle Lane is $0 currently.

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