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123 Bishops Reach

123 Bishops Reach, Smithfield, VA 23430
Property in Isle of Wight
Sold Aug 01, 2005
$186,000
$170,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2051
Sold Jul 07, 2003
$139,600
Local assessors in Smithfield, VA have categorized 123 Bishops Reach as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 4,792 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 123 Bishops Reach has a total of 1,931 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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 asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 123 Bishops Reach was last sold in Aug 1, 2005 for $186,000. According to our calculations, that's $96.32 per sqft. Prior to that sales transaction, the property was sold for $139,600 in Jul 7, 2003. Current property owners are expected to pay $1,856 in taxes per year. The property on 123 Bishops Reach was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $253,800. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $208,800. 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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,931
  • Building Area: 1,931
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,931
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 39 PH III S4 CROATAN LNDING TWNHHOMES PLAT 2-86-8

Ownership

  • Previous Owner : KINGMAN HAROLD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280104

Zoning

  • Zoning: TOWN

Geography

  • District: 55
  • Parcel: 22I-02-039
  • Lot: 39
  • Municipality: TOWN OF SMITHFIELD
  • Latitude: 36.976
  • Longitude: -76.6083

    Address

  • Full Address: 123 Bishops Reach
  • Address - House Number: 123
  • Address - Street Name: Bishops Reach
  • State: VA
  • City Name: Smithfield
  • Carrier Code: R006
  • 4-Digit Zip Code: 5875
  • Zip Code: 23430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,856
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 329,926
  • High Value: 393,316
  • Low Value: 266,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $253,800
  • Market Land Value: $45,000
  • Market Improvement Value: $208,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,800
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: Aug 01, 2005
  • Current Sale Recording Date: Aug 01, 2005
  • Current Sale Transaction ID: 1813809148
  • Current Sale Price: $186,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5375
  • Previous Sale Recording Date: Jul 07, 2003
  • Previous Sale Contract Date: Jul 07, 2003
  • Previous Sale Amount: $139,600
  • Previous Sale Document Type: Deed

About Smithfield



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Frequently Asked Questions

What neighborhood is 123 Bishops Reach located in?
The 123 Bishops Reach is a located in the neighborhood of Isle of Wight in Smithfield, Smithfield.
What is the average sales price for listings in 123 Bishops Reach?
The average sales price for units in 123 Bishops Reach is $0 currently.

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