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102 Ramsay Road

102 Ramsay Road, Locust Grove, VA 22508
House in Orange
Sold Aug 03, 2020
$510,000
Local assessors in Locust Grove, VA have categorized 102 Ramsay Road as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 14,263 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 102 Ramsay Road has a total of 1,879 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 663 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 1 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 102 Ramsay Road sold most recently in Jul 29, 2020 for a total of $510,000. If you work out the math, that's approximately a cost of $271.42 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,608 in taxes each year. 102 Ramsay Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,600. If we break it down further, the land itself was valued at $285,000. Improvements to the property, however, were assessed at a total of $186,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 663
  • Parking Type: Built-in
  • Garage Type: Built-in
  • Garage Square Area: 1
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 14,263
  • Total Building Area: 1,879
  • Gross Building Area: 1,325
  • Building Area: 1,879
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,879
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODS SUB
  • Land Acres: 0.327
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: USL 7-114

Ownership

  • Current Owner : SPENCER BRANDON J
  • Current Owner 2: SPENEER ALISON E
  • Previous Owner : CLIFTON HENRY M
  • Previous Owner 2: CLIFTON KAREN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Public Schools
  • Census Tract: 110108

Zoning

  • Zoning: R3 PLANNED

Geography

  • Assessors Map Reference: MAP 12
  • Account Number: 2593
  • District: 03
  • Parcel: 012-A0-00-07-0114
  • Block: 7
  • Lot: 114
  • Municipality: LOW
  • Latitude: 38.3272
  • Longitude: -77.7737

    Address

  • Full Address: 102 Ramsay Rd
  • Address - House Number: 102
  • Address - Street Name: Ramsay
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Locust Grove
  • Carrier Code: H073
  • 4-Digit Zip Code: 5307
  • Zip Code: 22508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,608

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 647,789
  • High Value: 753,602
  • Low Value: 541,976

    Market Valuation

  • Market Total Value: $471,600
  • Market Land Value: $285,000
  • Market Improvement Value: $186,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,600
  • Assessed Land Value: $285,000
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11781461069
  • Current Sale Price: $510,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200003854

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lake of the Woods



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Frequently Asked Questions

What neighborhood is 102 Ramsay Road located in?
The 102 Ramsay Road is a house located in the neighborhood of Orange in Lake of the Woods, Locust Grove.
What is the average sales price for listings in 102 Ramsay Road?
The average sales price for units in 102 Ramsay Road is $0 currently.

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