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103 Great Oak Circle

103 Great Oak Circle, Smithfield, VA 23430
Property in Isle of Wight
Sold Jun 13, 2018
$274,000
$240,000 by Townebank Mortgage
Mortgage Due May 01, 2052
Sold Jun 03, 2011
$245,000
103 Great Oak Circle has been categorized by the local assessors in Smithfield, VA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 103 Great Oak Circle has 1,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,246 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gas heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 103 Great Oak Circle sold most recently in Jun 3, 2018 for a total of $274,000. If you work out the math, that's approximately a cost of $140.95 per sqft. Before that, the property was also sold for $245,000 in Jun 3, 2011. 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 $2,275 in taxes each year. 103 Great Oak Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,800. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $257,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,944
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLOW OAKS
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 31 PH 1 WILLOW OAKS PLAT 2-33-4 THRU 6

Ownership

  • Current Owner : PARKS STUART B
  • Previous Owner : ALFONNSO MEJIA
  • Previous Owner 2: ALFONNSO JENELLE
  • Owner Before Previous Owner: RODRIQUEZ JULIO
  • Owner Before Previous Owner 2: RODRIQUEZ SYLVIA V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280106

Zoning

  • Zoning: TOWN

Geography

  • District: 55
  • Parcel: 22P-01-031
  • Lot: 31
  • Municipality: TOWN OF SMITHFIELD
  • Latitude: 36.9693
  • Longitude: -76.6032

    Address

  • Full Address: 103 Great Oak Cir
  • Address - House Number: 103
  • Address - Street Name: Great Oak
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Smithfield
  • Carrier Code: R007
  • 4-Digit Zip Code: 5971
  • Zip Code: 23430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,275
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 387,309
  • High Value: 461,724
  • Low Value: 312,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $312,800
  • Market Land Value: $55,000
  • Market Improvement Value: $257,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,800
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $257,800

    Sales

  • Current Sale Contract Date: Jun 03, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Transaction ID: 11708754728
  • Current Sale Price: $274,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Contract Date: Jun 03, 2011
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MTG TOWNEBANK MTG
  • First Mortgage Transaction Date: Jun 13, 2018
  • First Mortgage Loan Amount: $246,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 12, 2048

About Smithfield



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Unit for rent at 200 Monticello Court, Smithfield, VA, 23430

$2,395 /mo

  • 4 Beds
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200 Monticello Court, Smithfield, VA, 23430 Listing by Jay Hassell

Frequently Asked Questions

What neighborhood is 103 Great Oak Circle located in?
The 103 Great Oak Circle is a located in the neighborhood of Isle of Wight in Smithfield, Smithfield.
What is the average sales price for listings in 103 Great Oak Circle?
The average sales price for units in 103 Great Oak Circle is $0 currently.

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