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11437 Franklin Turnpike

11437 Franklin Turnpike, Chatham, VA 24531
Property in Pittsylvania
Sold Apr 02, 2021
$244,900
$260,000 by Mortgage One Funding Llc
Mortgage Due Feb 01, 2054
11437 Franklin Turnpike has been categorized by the local assessors in Chatham, VA as a residential type of property. The building on the property was first built in 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 11437 Franklin Turnpike has 2,431 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 571,507 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. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. 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 and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Mar 21, 2021 for $244,900. That's $100.74 per sqft. 11437 Franklin Turnpike was last assessed in 2022. The total value of the property was assessed at $198,900. Specifically, the land the property is located on was valued at $48,300. While improvements on the property were assessed at a total of $150,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,353. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1910
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 571,507
  • Total Building Area: 2,431
  • Building Area: 2,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,431
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: W C HOLLEY FARM SUBD
  • Land Acres: 13.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W C HOLLEY FARM SUBD PT TR B-1 13.12 AC

Ownership

  • Current Owner : BOLTON CHARLES JOSEPH
  • Current Owner 2: LUGO NANCY MARIE
  • Previous Owner : COBB-PAYNE MARCIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pittsylvania County Public Schools
  • Census Tract: 011002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB43/92J
  • Account Number: 253161
  • District: 1
  • Subdivision Tract Number: B
  • Parcel: 1482-45-0010
  • Municipality: TUNSTALL
  • Latitude: 36.7246
  • Longitude: -79.5199

    Address

  • Full Address: 11437 Franklin Tpke
  • Address - House Number: 11437
  • Address - Street Name: Franklin
  • Address - Suffix Type: Tpke
  • State: VA
  • City Name: Chatham
  • Carrier Code: R006
  • 4-Digit Zip Code: 4924
  • Zip Code: 24531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,353
  • Tax Rate Code Area: REAL ESTAT

    Appraisal Valuation

  • Standard Deviation: 0.2155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 56
  • Final Value: 196,041
  • High Value: 238,306
  • Low Value: 153,775

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: MORTGAGE ONE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jan 22, 2024
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $198,900
  • Market Land Value: $48,300
  • Market Improvement Value: $150,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,900
  • Assessed Land Value: $48,300
  • Assessed Improvements Value: $150,600

    Sales

  • Current Sale Contract Date: Mar 21, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11835367401
  • Current Sale Price: $244,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210002094

    Last Sale Mortgage

  • First Mortgage Lender: MR COOPER
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $199,348
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pittsylvania



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Frequently Asked Questions

What neighborhood is 11437 Franklin Turnpike located in?
The 11437 Franklin Turnpike is a located in the neighborhood of Pittsylvania in Pittsylvania, Chatham.
What is the average sales price for listings in 11437 Franklin Turnpike?
The average sales price for units in 11437 Franklin Turnpike is $0 currently.

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