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1120 Commonwealth Drive

1120 Commonwealth Drive, Hardy, VA 24101
House in Bedford
Sold Jun 28, 2019
$268,000
$214,400 by Alcova Mortgage Llc
Mortgage
1120 Commonwealth Drive in Hardy, VA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1120 Commonwealth Drive has 1,908 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. The basement is 952 sqft and has been categorized as a full basement. In total, the area measurement of the land is 50,094 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 500 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 wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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. 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. The property was last sold in Jun 4, 2019 for $268,000. That's $140.46 per sqft. 1120 Commonwealth Drive was last assessed in 2023. The total value of the property was assessed at $184,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,515. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 952
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA RIDGE
  • Land Acres: 1.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VIRGINIA RIDGE LT 42 PB 40/231

Ownership

  • Current Owner : MCILHANY KENT
  • Current Owner 2: MCILHANY AMANDA
  • Previous Owner : JAMESON MATTHEW T
  • Previous Owner 2: JAMESON ANGELA R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030602

Geography

  • Parcel: 173 16 42
  • Lot: 42
  • Municipality: BLUE RIDGE
  • Latitude: 37.2323
  • Longitude: -79.8193

    Address

  • Full Address: 1120 Commonwealth Dr
  • Address - House Number: 1120
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Hardy
  • Carrier Code: R005
  • 4-Digit Zip Code: 3783
  • Zip Code: 24101

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,515

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 431,717
  • High Value: 507,256
  • Low Value: 356,177

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,400
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 28, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $214,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $369,600
  • Market Land Value: $65,000
  • Market Improvement Value: $304,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,800

    Sales

  • Current Sale Contract Date: Jun 04, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11622406141
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190005832

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $214,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bedford



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1120 Commonwealth Drive located in?
The 1120 Commonwealth Drive is a house located in the neighborhood of Bedford in Bedford, Hardy.
What is the average sales price for listings in 1120 Commonwealth Drive?
The average sales price for units in 1120 Commonwealth Drive is $294,000 , or $111/sqft. currently.

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