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101 Boxwood Lane

101 Boxwood Lane, Smithfield, VA 23430
Property in Isle of Wight
Sold Jan 21, 2021
$385,000
$378,026 by Alcove Mortgage Llc
Mortgage Due Feb 01, 2051
Local assessors in Smithfield, VA have categorized 101 Boxwood Lane as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,571 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 101 Boxwood Lane has a total of 3,129 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 101 Boxwood Lane was last sold in Jan 19, 2021 for $385,000. According to our calculations, that's $123.04 per sqft. Current property owners are expected to pay $3,678 in taxes per year. The property on 101 Boxwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $510,400. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $425,400. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,571
  • Total Building Area: 3,129
  • Building Area: 3,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 3,129
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 74 BENNS GRANT SUBDIVISION PH 2B PLAT I#170003730

Ownership

  • Current Owner : ELEY TRACY C
  • Previous Owner : THOMAS WICKHAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280105

Geography

  • District: 45
  • Parcel: 32-01-075A74
  • Lot: 74
  • Municipality: NEWPORT
  • Latitude: 36.9323
  • Longitude: -76.5899

    Address

  • Full Address: 101 Boxwood Ln
  • Address - House Number: 101
  • Address - Street Name: Boxwood
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Smithfield
  • Carrier Code: R010
  • 4-Digit Zip Code: 6373
  • Zip Code: 23430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,678
  • Tax Rate Code Area: 45

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 567,065
  • High Value: 684,136
  • Low Value: 449,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $378,026
  • First Open Lien Mortgage Lender: ALCOVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $378,026
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $510,400
  • Market Land Value: $85,000
  • Market Improvement Value: $425,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,400
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $425,400

    Sales

  • Current Sale Contract Date: Jan 19, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11823098030
  • Current Sale Price: $385,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 433

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVE MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $378,026
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

About Benns Church



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Frequently Asked Questions

What neighborhood is 101 Boxwood Lane located in?
The 101 Boxwood Lane is a located in the neighborhood of Isle of Wight in Benns Church, Smithfield.
What is the average sales price for listings in 101 Boxwood Lane?
The average sales price for units in 101 Boxwood Lane is $0 currently.

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