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10504 Chatham Ridge Way

10504 Chatham Ridge Way, Spotsylvania, VA 22551
Property in Spotsylvania
Sold Oct 18, 2021
$655,000
$555,000 by Navy Federal Credit Union
Mortgage
Sold Jul 22, 2003
$140,000
10504 Chatham Ridge Way has been categorized by the local assessors in Spotsylvania, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10504 Chatham Ridge Way has 2,518 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 25,700 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. The roof of the building is made of composition shingle. 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 central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 10504 Chatham Ridge Way was last sold in Oct 13, 2021 for $655,000. According to our calculations, that's $260.13 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Jan 1, 1970. Current property owners are expected to pay $3,788 in taxes per year. The property on 10504 Chatham Ridge Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $513,500. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $403,500. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,518
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,518
  • Building Area: 2,518
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,518
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAWN LAKE
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAWN LAKE LOT 656 SEC 6C

Ownership

  • Current Owner : SMITH OSWALD GARRETT
  • Current Owner 2: SMITH DEBORAH B
  • Previous Owner : PHILIPP WILLIAM H
  • Previous Owner 2: PHILIPP KATHERINE
  • Owner Before Previous Owner: VIRGINIA DEV CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Spotsylvania County Public Schools
  • School Tax School District: CHANCELLOR
  • Census Tract: 020407

Zoning

  • Zoning: R1 - RESID

Geography

  • District: 7
  • Section: 6C
  • Parcel: 18C-28-656
  • Lot: 656
  • Municipality: CHANCELLOR
  • Latitude: 38.277
  • Longitude: -77.7061

    Address

  • Full Address: 10504 Chatham Ridge Way
  • Address - House Number: 10504
  • Address - Street Name: Chatham Ridge
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Spotsylvania
  • Carrier Code: R014
  • 4-Digit Zip Code: 8911
  • Zip Code: 22551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,788

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 81
  • Final Value: 694,582
  • High Value: 801,831
  • Low Value: 587,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $555,000
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $555,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $513,500
  • Market Land Value: $110,000
  • Market Improvement Value: $403,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $513,500
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $403,500

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11861277250
  • Current Sale Price: $655,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210031098
  • Previous Sale Recording Date: Jul 22, 2003
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $555,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Spotsylvania



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Frequently Asked Questions

What neighborhood is 10504 Chatham Ridge Way located in?
The 10504 Chatham Ridge Way is a located in the neighborhood of Spotsylvania in Spotsylvania, Spotsylvania.
What is the average sales price for listings in 10504 Chatham Ridge Way?
The average sales price for units in 10504 Chatham Ridge Way is $0 currently.

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