7 Lane Ave Lavale, MD 21502
Estimated Value: $409,135
Studio
--
Bath
10,377
Sq Ft
$39/Sq Ft
Est. Value
About This Home
This home is located at 7 Lane Ave, Lavale, MD 21502 and is currently estimated at $409,135, approximately $39 per square foot. 7 Lane Ave is a home located in Allegany County with nearby schools including Cash Valley Elementary School, Braddock Middle School, and Allegany High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2022
Sold by
Lavale Health And Fitness Llc
Bought by
Clear Skies Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$270,689
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$138,446
Purchase Details
Closed on
Oct 3, 2018
Sold by
Love Brothers Inc
Bought by
Lavale Health And Fitness Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 25, 2014
Sold by
Rice Donald G and Rice Steveg
Bought by
Love Brothers Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.41%
Purchase Details
Closed on
Feb 13, 1998
Sold by
Rice Donald G and Rice Steven G
Bought by
Rice Donald G and Rice Steven G
Purchase Details
Closed on
May 6, 1997
Sold by
Witmer Foods Inc
Bought by
Rice Donald G and Rice Steven G
Purchase Details
Closed on
Apr 18, 1988
Sold by
Ohio Valley Land Co
Bought by
Witmer Foods, Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
10.19%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clear Skies Holdings Llc | $350,000 | None Listed On Document | |
| Lavale Health And Fitness Llc | $300,000 | Allegheny Highlands Title & | |
| Love Brothers Inc | $435,000 | Allegheny Highlands Title & | |
| Rice Donald G | -- | -- | |
| Rice Donald G | $135,000 | -- | |
| Witmer Foods, Inc | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clear Skies Holdings Llc | $280,000 | |
| Previous Owner | Lavale Health And Fitness Llc | $360,000 | |
| Previous Owner | Love Brothers Inc | $80,000 | |
| Previous Owner | Love Brothers Inc | $360,000 | |
| Previous Owner | Witmer Foods, Inc | $55,000 |
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 |
|---|---|---|---|---|
| 2025 | $4,439 | $360,300 | $51,700 | $308,600 |
| 2024 | $4,590 | $378,700 | $34,500 | $344,200 |
| 2023 | $4,116 | $378,700 | $34,500 | $344,200 |
| 2022 | $4,590 | $378,700 | $34,500 | $344,200 |
| 2021 | $4,784 | $395,100 | $34,500 | $360,600 |
| 2020 | $4,828 | $395,100 | $34,500 | $360,600 |
| 2019 | $4,789 | $395,100 | $34,500 | $360,600 |
| 2018 | $4,836 | $406,000 | $34,500 | $371,500 |
| 2017 | $4,504 | $393,033 | $0 | $0 |
| 2016 | $4,550 | $380,067 | $0 | $0 |
| 2015 | $4,338 | $367,100 | $0 | $0 |
| 2014 | $4,338 | $360,267 | $0 | $0 |
Source: Public Records
Map
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