NOT LISTED FOR SALE

48 Mercer Ln Falling Waters, WV 25419

Estimated Value: $332,003 - $342,000

3 Beds
2 Baths
1,754 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $200,000 $114 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,958/month

Highlights

  • Rambler Architecture
  • 2 Car Attached Garage
  • Central Air
  • Community Pool
  • No Interior Steps
  • Carpet

About This Home

As of October 2020

AUCTION! We Take Pre-Auction Offers! ALL ON ONE FLOOR! 3 Bedrooms, 2 Bathrooms Living Room, Dining Room, Kitchen, Family Room, New HVAC, 2-Car Garage, Use of Pool, Tennis Court & Playground. TERMS: A $5,000 deposit will be collected from the successful bidder in the form of Cashier s Check, Personal/Business Check with Bank Letter of Credit. Balance due within 30 days. Proof of deposit and picture ID must be shown to register to bid. A 5% buyers premium will be added to the hammer price and become part of the purchase price. Property sold as is . All announcements on sale day take precedence over printed material. List price in no way reflects actual auction price.

Last Agent to Sell the Property

Gordon Lutz

gordonlutz@aol.com Lutz & Gregory Real Estate, Inc. Listed on: 07/22/2020

Last Buyer's Agent

Noel Morgan

(240) 217-1986 noelmorganera@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Property is in average condition
  • Property is zoned 101

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,754 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 0213S008000000000

Community Details

Overview

  • Spring Mills Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 2003

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: No Stairs, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: AUCTION! We Take Pre-Auction Offers! ALL ON ONE FLOOR! 3 Bedrooms, 2 Bathrooms Living Room, Dining Room, Kitchen, Family Room, New HVAC, 2-Car Garage, Use of Pool, Tennis Court & Playground. TERMS: A $5,000 deposit will be collected from the successful bidder in the form of Cashier s Check, Personal/Business Check with Bank Letter of Credit. Balance due within 30 days. Proof of deposit and picture ID must be shown to register to bid. A 5% buyers premium will be added to the hammer price and become part of the purchase price. Property sold as is . All announcements on sale day take precedence over printed material. List price in no way reflects actual auction price.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1754
  • Living Area Sq Ft: 1754
  • Price Per Sq Ft: 122.52
  • Above Grade Finished Sq Ft: 1754
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Paved
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 459.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: BERKELEY COUNTY SCHOOLS
  • School District Key: 121139330472
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 78120.00
  • Land Assessed Value: 30540.00
  • Land Use Code: 004
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Property Condition: Average
  • Year Assessed: 2019
  • Zoning: 101
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 20236081
  • Tax Annual Amount: 1284.00
  • Assessor Parcel Number: 0213S008000000000
  • Tax Lot: 307
  • Tax Total Finished Sq Ft: 1754
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/02/2020

MLS Schools

  • School District Name: BERKELEY COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 29, 2020
Sold by
Ramsey Columbus A and Ramsey Marjorie P
Bought by
Mcclain Shirley
Seller's Agent
Gordon Lutz
Lutz & Gregory Real Estate, Inc.
Buyer's Agent
Noel Morgan
Samson Properties
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%
Current Estimated Value
$337,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,751
Avg. Annual Appreciation
10.93%
Original Mortgage
$206,196
Outstanding Balance
$183,400
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$154,351
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcclain Shirley $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Shirley $206,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $200,000 -6.9% $114 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $214,900 -- $123 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,625 $132,420 $32,400 $100,020
2023 $1,673 $132,360 $32,340 $100,020
2022 $1,457 $125,160 $32,280 $92,880
2021 $1,156 $118,620 $32,280 $86,340
2020 $1,111 $114,600 $32,280 $82,320
2019 $1,048 $108,660 $30,540 $78,120
2018 $1,039 $107,760 $30,480 $77,280
2017 $1,025 $106,020 $31,260 $74,760
2016 $1,009 $103,860 $30,000 $73,860
2015 $1,015 $102,180 $30,000 $72,180
2014 $951 $96,840 $30,000 $66,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WVBE178838

Bright MLS

APN: 02-13S-00800000