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1073 Lake Pelham Drive

1073 Lake Pelham Drive, Culpeper, VA 22701
Property in Culpeper
Sold Aug 19, 2014
$175,000
Buyer
Seller
$132,000 by Network Capital Funding Corpor
Mortgage Due Jun 01, 2030
Sold Apr 30, 2010
$132,000
Seller
$129,604 by Bank Of America Na
Mortgage
Local assessors in Culpeper, VA have categorized 1073 Lake Pelham Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 3,049 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1073 Lake Pelham Drive has a total of 1,436 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 full basement that is 680 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 garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 1073 Lake Pelham Drive was last sold in Aug 12, 2014 for $175,000. According to our calculations, that's $121.87 per sqft. Prior to that sales transaction, the property was sold for $132,000 in Apr 30, 2010. Current property owners are expected to pay $1,520 in taxes per year. The property on 1073 Lake Pelham Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $288,900. To break that down further, the land itself was valued at $66,300. While improvements to the property were assessed at a total of $222,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 680
  • Parking Type: Detached
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,436
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 193
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAKEVIEW OF CULPEPER PHASE 8, LOT 402 3,105 SQ FT PLAT 8/155

Ownership

  • Current Owner : KING RONALD
  • Previous Owner : AGUAYO JUAN A
  • Owner Before Previous Owner: BHAGI NITIN
  • Ownership Rights Codes: Et al (and others)
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Culpeper County Public Schools
  • Census Tract: 930203

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 40U 8 402
  • Account Number: 21140
  • Subdivision Phase Number: 8
  • Parcel: 40-U - 8- -402
  • Lot: 3,105,4
  • Municipality: WEST FAIRFAX
  • Latitude: 38.4716
  • Longitude: -78.017

    Address

  • Full Address: 1073 Lake Pelham Dr
  • Address - House Number: 1073
  • Address - Street Name: Lake Pelham
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Culpeper
  • Carrier Code: C003
  • 4-Digit Zip Code: 3256
  • Zip Code: 22701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,520

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 333,713
  • High Value: 393,817
  • Low Value: 273,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORPOR
  • First Open Lien Mortgage Recording Date: Jun 22, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $132,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2030

    Market Valuation

  • Market Total Value: $288,900
  • Market Land Value: $66,300
  • Market Improvement Value: $222,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,900
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $222,600

    Sales

  • Current Sale Contract Date: Aug 12, 2014
  • Current Sale Recording Date: Aug 19, 2014
  • Current Sale Transaction ID: 11454797674
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2010
  • Previous Sale Contract Date: Apr 30, 2010
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 19, 2014
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 30, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $129,604
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Culpeper



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Frequently Asked Questions

What neighborhood is 1073 Lake Pelham Drive located in?
The 1073 Lake Pelham Drive is a located in the neighborhood of Culpeper in Culpeper, Culpeper.
What is the average sales price for listings in 1073 Lake Pelham Drive?
The average sales price for units in 1073 Lake Pelham Drive is $0 currently.

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