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12405 Wescott Drive

12405 Wescott Drive, Midlothian, VA 23112
Property in Chesterfield
Sold May 10, 2021
$320,625
$288,563 by Alcova Mortgage Llc
Mortgage
Sold Oct 15, 2020
$636,405
12405 Wescott Drive in Midlothian, VA was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 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. 12405 Wescott Drive has 2,160 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. In total, the area measurement of the land is 3,049 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 369 sqft. There is one available parking space. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 gas heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12405 Wescott Drive sold most recently in May 7, 2021 for a total of $320,625. If you work out the math, that's approximately a cost of $148.44 per sqft. Before that, the property was also sold for $636,405 in Oct 15, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,128 in taxes each year. The initial year of tax delinquency occurred in 2021. 12405 Wescott Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,900. If we break it down further, the land itself was valued at $61,000. Improvements to the property, however, were assessed at a total of $281,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 369
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 2,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESCOTT
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WESCOTT SEC 1 063

Ownership

  • Current Owner : MATTHEWS PATRICIA LYNN
  • Previous Owner : HHHUNT HOMES LC
  • Owner Before Previous Owner: HHHUNT WESTCOTT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100933

Zoning

  • Zoning: C4 - REGIO

Geography

  • Assessors Map Reference: MB 272 PG 16
  • Account Number: 424046000
  • District: 02
  • Section: 1
  • Parcel: 738-67-85-28-000-000
  • Lot: 63
  • Municipality: CLOVER HILL
  • Latitude: 37.4231
  • Longitude: -77.6198

    Address

  • Full Address: 12405 Wescott Dr
  • Address - House Number: 12405
  • Address - Street Name: Wescott
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R045
  • 4-Digit Zip Code: 2626
  • Zip Code: 23112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,128
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 85
  • Final Value: 410,724
  • High Value: 463,269
  • Low Value: 358,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,563
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $288,563
  • 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: $342,900
  • Market Land Value: $61,000
  • Market Improvement Value: $281,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,900
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $281,900

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11835223143
  • Current Sale Price: $320,625
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021030408
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 15, 2020
  • Previous Sale Amount: $636,405
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $288,563
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chesterfield



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Frequently Asked Questions

What neighborhood is 12405 Wescott Drive located in?
The 12405 Wescott Drive is a located in the neighborhood of Chesterfield in Chesterfield, Midlothian.
What is the average sales price for listings in 12405 Wescott Drive?
The average sales price for units in 12405 Wescott Drive is $0 currently.

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