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10612 Wellington Farms Terrace

10612 Wellington Farms Terrace, Chester, VA 23831
Property in Chesterfield
Sold Jan 03, 2018
$384,789
$307,831 by Benchmark Mortgage Companies
Mortgage
Sold Aug 30, 2017
$90,000
10612 Wellington Farms Terrace in Chester, VA was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10612 Wellington Farms Terrace has 2,657 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 26,746 square feet.

Learn more about the property and building on this page. There is a screened porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 439 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 10612 Wellington Farms Terrace was last sold in Nov 29, 2017 for $384,789. According to our calculations, that's $144.82 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Aug 25, 2017. Current property owners are expected to pay $4,310 in taxes per year. The property on 10612 Wellington Farms Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $470,900. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $380,900. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2018
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 439
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 26,746
  • Total Building Area: 2,657
  • Building Area: 2,657
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,657
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON FARMS
  • Land Acres: 0.614
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WELLINGTON FARMS AMD SEC G 005

Ownership

  • Current Owner : JOHNSON MARTHA O
  • Previous Owner : W V McClure Inc A Virginia Corporation
  • Owner Before Previous Owner: MILES & WELLS A VIRGINIA GENERAL PARTNER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100823

Zoning

  • Zoning: R25 - SING

Geography

  • Assessors Map Reference: MB 240 PG 17
  • Account Number: 393668001
  • District: 01
  • Section: G
  • Parcel: 782-65-92-05-300-000
  • Lot: 5
  • Municipality: BERMUDA
  • Latitude: 37.369
  • Longitude: -77.4701

    Address

  • Full Address: 10612 Wellington Farms Ter
  • Address - House Number: 10612
  • Address - Street Name: Wellington Farms
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Chester
  • Carrier Code: R014
  • 4-Digit Zip Code: 1651
  • Zip Code: 23831

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,310

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 467,222
  • High Value: 535,285
  • Low Value: 399,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $307,831
  • First Open Lien Mortgage Lender: BENCHMARK MORTGAGE COMPANIES
  • First Open Lien Mortgage Recording Date: Jan 03, 2018
  • First Open Lien Mortgage Loan Amount: $307,831
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $470,900
  • Market Land Value: $90,000
  • Market Improvement Value: $380,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,900
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $380,900

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Jan 03, 2018
  • Current Sale Transaction ID: 11356089123
  • Current Sale Price: $384,789
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018000227
  • Previous Sale Recording Date: Aug 30, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BENCHMARK MORTGAGE COMPANIES
  • First Mortgage Transaction Date: Jan 03, 2018
  • First Mortgage Loan Amount: $307,831
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Chesterfield



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Frequently Asked Questions

What neighborhood is 10612 Wellington Farms Terrace located in?
The 10612 Wellington Farms Terrace is a located in the neighborhood of Chesterfield in Chesterfield, Chester.
What is the average sales price for listings in 10612 Wellington Farms Terrace?
The average sales price for units in 10612 Wellington Farms Terrace is $0 currently.

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