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1088 Old Trail Drive

1088 Old Trail Drive, Crozet, VA 22932
Property in Old Trail
Sold Aug 29, 2012
$308,976
$316,073 by Summit Funding Inc
Mortgage Due Sep 01, 2042
1088 Old Trail Drive has been categorized by the local assessors in Crozet, VA as a residential type of property. The building on the property was first built in 2011 and is 13 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1088 Old Trail Drive has 1,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 836 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,875 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 garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1088 Old Trail Drive was last sold in Aug 3, 2012 for $308,976. According to our calculations, that's $158.94 per sqft. Current property owners are expected to pay $3,630 in taxes per year. The property on 1088 Old Trail Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $425,000. To break that down further, the land itself was valued at $121,500. While improvements to the property were assessed at a total of $303,500. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2011
  • Effective Year Built: 2011
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B-
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Other
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 836
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,875
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLD TRAIL
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD TRAIL 4 32 OLD TRAIL VILLAGE CENTER

Ownership

  • Current Owner : WALKER JOHN W
  • Previous Owner : CRAIG ENTERPRISES INC
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: BROWNSVILLE
  • School Tax District Code 2: HENLEY
  • School Tax District Code 3: WEST ALBEMARLE
  • Census Tract: 011103

Zoning

  • Zoning: NEIGHBORHO

Geography

  • Parcel: 055E0-04-0G-03200
  • Municipality: WHITEHALL
  • Latitude: 38.0575
  • Longitude: -78.7098

    Address

  • Full Address: 1088 Old Trail Dr
  • Address - House Number: 1088
  • Address - Street Name: Old Trail
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Crozet
  • Carrier Code: R007
  • 4-Digit Zip Code: 3341
  • Zip Code: 22932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,630

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 478,478
  • High Value: 554,354
  • Low Value: 402,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,073
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Aug 29, 2012
  • First Open Lien Mortgage Loan Amount: $316,073
  • 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: Sep 01, 2042

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $121,500
  • Market Improvement Value: $303,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,000
  • Assessed Land Value: $121,500
  • Assessed Improvements Value: $303,500

    Sales

  • Current Sale Contract Date: Aug 03, 2012
  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Transaction ID: 1028149932
  • Current Sale Price: $308,976
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012-00011189

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Aug 29, 2012
  • First Mortgage Loan Amount: $316,073
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

About Old Trail



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Frequently Asked Questions

What neighborhood is 1088 Old Trail Drive located in?
The 1088 Old Trail Drive is a located in the neighborhood of Old Trail in Old Trail, Crozet.
What is the average sales price for listings in 1088 Old Trail Drive?
The average sales price for units in 1088 Old Trail Drive is $0 currently.

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