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1286 North Blue Ridge Turnpike

1286 North Blue Ridge Turnpike, Madison, VA 22727
Property in Madison
Sold Mar 27, 2020
$165,000
$150,752 by Embrace Home Loans Inc
Mortgage Due Apr 01, 2050
Sold Jan 19, 2018
Transfer
1286 North Blue Ridge Turnpike has been categorized by the local assessors in Madison, VA as a residential type of property. The building on the property was first built in 1937 and is 87 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1286 North Blue Ridge Turnpike has 1,287 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 94,002 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. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with oil. 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. 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, 1286 North Blue Ridge Turnpike sold most recently in Mar 10, 2020 for a total of $165,000. If you work out the math, that's approximately a cost of $128.21 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $993 in taxes each year. 1286 North Blue Ridge Turnpike was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,200. If we break it down further, the land itself was valued at $66,300. Improvements to the property, however, were assessed at a total of $67,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1937
  • Effective Year Built: 1937
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 858
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 94,002
  • Total Building Area: 1,287
  • Building Area: 1,287
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,287
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IN 200000444 2.158 AC 39-78 RT 231

Ownership

  • Current Owner : PAINTER ROBERT J
  • Previous Owner : DIXON WILLIAM H
  • Previous Owner 2: DIXON HELEN S
  • Owner Before Previous Owner: BALLARD JAMES O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County Public Schools
  • Census Tract: 930202

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP MAP 39-78
  • Account Number: 5268
  • Parcel: 39 78
  • Municipality: MADISON COUNTY
  • Latitude: 38.4017
  • Longitude: -78.2564

    Address

  • Full Address: 1286 N Blue Ridge Tpke
  • Address - House Number: 1286
  • Street Direction: N
  • Address - Street Name: Blue Ridge
  • Address - Suffix Type: Tpke
  • State: VA
  • City Name: Madison
  • Carrier Code: H002
  • 4-Digit Zip Code: 3899
  • Zip Code: 22727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $993

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 241,761
  • High Value: 302,238
  • Low Value: 181,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,752
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,752
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $66,300
  • Market Improvement Value: $67,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,200
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $67,900

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Transaction ID: 11751517040
  • Current Sale Price: $165,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 200000444
  • Previous Sale Recording Date: Jan 19, 2018
  • Previous Sale Contract Date: Oct 23, 2017
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Mar 27, 2020
  • First Mortgage Loan Amount: $150,752
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Madison



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Frequently Asked Questions

What neighborhood is 1286 North Blue Ridge Turnpike located in?
The 1286 North Blue Ridge Turnpike is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 1286 North Blue Ridge Turnpike?
The average sales price for units in 1286 North Blue Ridge Turnpike is $0 currently.

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