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1053 Sommersby Place

1053 Sommersby Place, Big Island, VA 24526
Property in Bedford
Sold Apr 21, 2017
$43,500
$33,300 by Farm Credit Of The Virginias A
Mortgage
Sold Jul 15, 2008
$45,000
1053 Sommersby Place has been categorized by the local assessors in Big Island, VA as a residential type of property. The area measurement of the land has been determined as 378,972 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. 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, 1053 Sommersby Place sold most recently in Apr 20, 2017 for a total of $43,500. Before that, the property was also sold for $45,000 in Jul 15, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $285 in taxes each year. 1053 Sommersby Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 378,972
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTING CR
  • Land Acres: 8.7
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: HUNTING CR PB 50/258

Ownership

  • Current Owner : ORR CHRISTOPHER W
  • Current Owner 2: ORR SHANNA L
  • Previous Owner : DODSON RONALD W
  • Previous Owner 2: DODSON GWENDOLYN L
  • Owner Before Previous Owner: CLARK W CARROLL W
  • Owner Before Previous Owner 2: CLARK VIVIAN J

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030300

Geography

  • Parcel: 14 A 6
  • Municipality: PEAKS
  • Latitude: 37.5385
  • Longitude: -79.432

    Address

  • Full Address: 1053 Sommersby Pl
  • Address - House Number: 1053
  • Address - Street Name: Sommersby
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Big Island
  • Carrier Code: R001
  • 4-Digit Zip Code: 3148
  • Zip Code: 24526

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 70
  • Final Value: 97,605
  • High Value: 118,425
  • Low Value: 76,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $33,300
  • First Open Lien Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Open Lien Mortgage Recording Date: Apr 21, 2017
  • First Open Lien Mortgage Loan Amount: $33,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Farmers Home Administration

    Market Valuation

  • Market Total Value: $69,600
  • Market Land Value: $49,000
  • Market Improvement Value: $20,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,800

    Sales

  • Current Sale Contract Date: Apr 20, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Transaction ID: 1811367438
  • Current Sale Price: $43,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170003547
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Contract Date: Jul 15, 2008
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Mortgage Transaction Date: Apr 21, 2017
  • First Mortgage Loan Amount: $33,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Farmers Home Administration

About Bedford



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Frequently Asked Questions

What neighborhood is 1053 Sommersby Place located in?
The 1053 Sommersby Place is a located in the neighborhood of Bedford in Bedford, Big Island.
What is the average sales price for listings in 1053 Sommersby Place?
The average sales price for units in 1053 Sommersby Place is $0 currently.

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