NOT LISTED FOR SALE

Estimated Value: $331,000 - $412,000

2 Beds
2 Baths
905 Sq Ft
$231/ mo HOA Fee

Last Sold January 05, 2016

Last sale price $247,000 $273 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,547/month

14 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Property is near public transit
  • Mary Munford Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of January 2016

This second floor corner unit overlooking pool has wonder light exposure, and is located near Cary town and the Grove/Libbie area, plus it is on a busline! Totally renovated which will enable you to move right in. Beautiful hardwood floors, plantation shutters, and a gorgeous kitchen with granite counters and stainless steel appliances, and more! There is a storage area for bikes at the end of the building. You will enjoy the center courtyard with a pool and also an exercise room. The grounds are beautifully maintained and you never have to worry about cutting grass or raking leaves (what a luxery!). You will love the many benefits and above all, the convenient location. *
Foyer and dining room fixtures NOT included, but the original fixtures (when renovated) are available.

Last Agent to Sell the Property

Douglas Wallace

Long & Foster REALTORS License #0225116038 Listed on: 10/26/2015

Long & Foster REALTORS

Last Buyer's Agent

Sarah Cox

RE/MAX Commonwealth License #0225206387

RE/MAX Commonwealth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 871

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 905 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number WO190306023

Community Details

Overview

  • Lock Lane Condominium Subdivision

Amenities

  • Common Area

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,964

Year Built

Built in 1930 | Remodeled

Lot Details

871 Sq Ft Lot

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1930
  • Ownership: Individuals
  • Subdivision Name: Lock Lane Condominium
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Washer/Dryer Stacked, Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 905.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Pool Features: In Ground, Pool
  • Construction Type: Brick, Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, Off Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness, Home Owners Association, Public Transportation
  • Amenities: Management
  • Association Fee: 231.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Pool(s), Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: WO190306023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2964.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Ellermeyer Erica L
Bought by
Song Chang Hyun and Park Yaeyoung
Current Estimated Value
$378,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,940
Outstanding Balance
$218,347
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$160,437

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 23, 2015
Sold by
Swift Gary T and Swift Susan S
Bought by
Ellermeyer Erica L
Seller's Agent
Douglas Wallace
Long & Foster REALTORS
Buyer's Agent
Sarah Cox
RE/MAX Commonwealth
List Price
$254,000
Sold Price
$247,000
Premium/Discount to List
-$7,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$147,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Sold by
Locke Lane Associates Llc
Bought by
Swift Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2012
Sold by
Gibb Frank B
Bought by
Locke Lane Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Song Chang Hyun $369,900 None Listed On Document
Ellermeyer Erica L $247,000 Attorney
Swift Gary T $237,000 --
Locke Lane Associates Llc $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Chang Hyun $221,940
Previous Owner Ellermeyer Erica L $147,000
Previous Owner Swift Gary T $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2016 01/05/16 Sold $247,000 -2.8% $273 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $254,000 -- $281 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,140 $345,000 $55,000 $290,000
2024 $4,140 $345,000 $55,000 $290,000
2023 $3,732 $311,000 $55,000 $256,000
2020 $3,192 $266,000 $56,000 $210,000
2019 $3,036 $253,000 $45,000 $208,000
2018 $2,988 $249,000 $45,000 $204,000
2017 $1,824 $247,000 $45,000 $202,000
2016 $2,004 $247,000 $45,000 $202,000
2015 $1,824 $247,000 $45,000 $202,000
2014 $1,824 $232,000 $50,000 $182,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1529380

Central Virginia Regional MLS

APN: W019-0306-023

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