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880 Park Lane

880 Park Lane, Madison, GA 30650
Property in Morgan
Sold Dec 17, 2021
Transfer
Sold Dec 17, 2021
$299,000
$239,000 by Towne Mortgage Of The Carolina
Mortgage Due Jan 01, 2052
880 Park Lane has been categorized by the local assessors in Madison, GA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 2005. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 7 stories. In addition, 880 Park Lane has 2,948 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 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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. 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. Prior to that sales transaction, the property was sold for $299,000 in Dec 17, 2021. Current property owners are expected to pay $3,263 in taxes per year. The property on 880 Park Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,446. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $102,446. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. 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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 7
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 816
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,948
  • Building Area: 2,948
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLENNWOOD
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH GEORGE A
  • Current Owner 2: SMITH DENISE V
  • Previous Owner : BELL SANDRA ENGLE
  • Owner Before Previous Owner: BELL SANDRA ENGLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Morgan County School District
  • School Tax School District: MADISON
  • Census Tract: 010302

Zoning

  • Zoning: R1-M-CITY

Geography

  • Account Number: 7165
  • Subdivision Phase Number: 1
  • Parcel: M20 023
  • Lot: 10
  • Municipality: MADISON
  • Latitude: 33.5862
  • Longitude: -83.4689

    Address

  • Full Address: 880 Park Ln
  • Address - House Number: 880
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Madison
  • Carrier Code: R009
  • 4-Digit Zip Code: 1950
  • Zip Code: 30650

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,263
  • Tax Rate Code Area: MADISON

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 491,558
  • High Value: 611,333
  • Low Value: 371,783

    Market Valuation

  • Market Total Value: $311,115
  • Market Land Value: $55,000
  • Market Improvement Value: $256,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,446
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $102,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875931223
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-001452
  • Previous Sale Recording Date: Dec 17, 2021
  • Previous Sale Contract Date: Dec 17, 2021
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $239,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • Previous Mortgage Transaction Date: Dec 17, 2021
  • Previous Mortgage Loan Amount: $239,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Madison



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Frequently Asked Questions

What neighborhood is 880 Park Lane located in?
The 880 Park Lane is a located in the neighborhood of Morgan in Madison, Madison.
What is the average sales price for listings in 880 Park Lane?
The average sales price for units in 880 Park Lane is $0 currently.

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