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120 Colony Trail

120 Colony Trail, Lanexa, VA 23089
Property in New Kent
Sold Jul 05, 2016
$415,000
$218,000 by Fidelity Bank
Mortgage
Sold Nov 03, 2007
$331,000
$314,450 by National City Mortgage
Mortgage
120 Colony Trail has been categorized by the local assessors in Lanexa, VA as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 120 Colony Trail has 2,969 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 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of shingle (not wood). While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 geo-thermal heating system 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 municipal 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 May 6, 2016 for $415,000. That's $139.78 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $331,000. 120 Colony Trail was last assessed in 2023. The total value of the property was assessed at $498,300. Specifically, the land the property is located on was valued at $104,700. While improvements on the property were assessed at a total of $393,600. 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 $3,339. 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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Steel
  • Building Style: Contemporary
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,969
  • Gross Building Area: 6,432
  • Building Area: 2,969
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Geo-thermal
  • Heated Square Feet: 2,969
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE COLONIES LOT 155 SEC 3 1.00 AC PB 8/66

Ownership

  • Current Owner : THOMAS REGINALD DOUGLAS
  • Current Owner 2: MORRIS DANA LEIGH
  • Previous Owner : RUTIGLIANO URBANO
  • Previous Owner 2: STURLA SUSAN
  • Owner Before Previous Owner: CRAIN EUGENE N
  • Owner Before Previous Owner 2: PAYNTER REBECCA A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: New Kent County Public Schools
  • School Tax School District: CUMBERLAND
  • Census Tract: 700301

Zoning

  • Zoning: ROA

Geography

  • Assessors Map Reference: MAP 52
  • Account Number: 6626
  • Section: 3
  • Parcel: 52A3 4 155
  • Block: 4
  • Lot: 155
  • Latitude: 37.3837
  • Longitude: -76.9076

    Address

  • Full Address: 120 Colony Trl
  • Address - House Number: 120
  • Address - Street Name: Colony
  • Address - Suffix Type: Trl
  • State: VA
  • City Name: Lanexa
  • Carrier Code: R004
  • 4-Digit Zip Code: 6000
  • Zip Code: 23089

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,339

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 598,464
  • High Value: 678,075
  • Low Value: 518,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,000
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Jul 05, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $218,000
  • 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: $498,300
  • Market Land Value: $104,700
  • Market Improvement Value: $393,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,300
  • Assessed Land Value: $104,700
  • Assessed Improvements Value: $393,600

    Sales

  • Current Sale Contract Date: May 06, 2016
  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Transaction ID: 1691928546
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160001874
  • Previous Sale Recording Date: Nov 03, 2007
  • Previous Sale Amount: $331,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Jul 05, 2016
  • First Mortgage Loan Amount: $218,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: Nov 03, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $314,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About New Kent



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Frequently Asked Questions

What neighborhood is 120 Colony Trail located in?
The 120 Colony Trail is a located in the neighborhood of New Kent in New Kent, Lanexa.
What is the average sales price for listings in 120 Colony Trail?
The average sales price for units in 120 Colony Trail is $0 currently.

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