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12940 Reese Court

12940 Reese Court, Woodbridge, VA 22192
Sold Aug 09, 2019
$265,000
$265,000 by Today S Mortgage Inc
Mortgage Due Sep 01, 2049
Sold Feb 26, 2014
$215,000
$218,762 by Navy Fcu
Mortgage
Local assessors in Woodbridge, VA have categorized 12940 Reese Court as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 2,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. 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, 3 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 12940 Reese Court has a total of 1,220 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 12940 Reese Court sold most recently in Aug 8, 2019 for a total of $265,000. If you work out the math, that's approximately a cost of $217.21 per sqft. Before that, the property was also sold for $215,000 in Feb 24, 2014. 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 $3,143 in taxes each year. 12940 Reese Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $273,400. If we break it down further, the land itself was valued at $123,300. Improvements to the property, however, were assessed at a total of $150,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding

Parking

Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,400
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD BRIDGE ESTATES
  • Land Acres: 0.055
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: OLD BRIDGE ESTATES SEC 11/12 LOT 247

Ownership

  • Current Owner : LE KHOA THANH
  • Current Owner 2: PHUNG PHUONG TO KIM
  • Previous Owner : GEISLER ROBERT
  • Previous Owner 2: GEISLER ALEXIS
  • Owner Before Previous Owner: POSEY DAVID M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Prince William County Public Schools
  • School Tax School District: OWL
  • School Tax District Code 2: OW
  • Census Tract: 901225

Zoning

  • Zoning: R6

Geography

  • Account Number: 096843
  • Section: 11
  • Parcel: 8193-80-1745
  • Block: 80
  • Lot: 247
  • Municipality: O W L
  • Latitude: 38.6734
  • Longitude: -77.3257

    Address

  • Full Address: 12940 Reese Ct
  • Address - House Number: 12940
  • Address - Street Name: Reese
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Woodbridge
  • Carrier Code: C028
  • 4-Digit Zip Code: 6423
  • Zip Code: 22192

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,143

    Appraisal Valuation

  • Standard Deviation: 0.1141
  • Valuation Date: May 17, 2023
  • Confidence Score: 88
  • Final Value: 357,954
  • High Value: 398,810
  • Low Value: 317,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: TODAY S MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 09, 2019
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $273,400
  • Market Land Value: $123,300
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $273,400
  • Assessed Land Value: $123,300
  • Assessed Improvements Value: $150,100

    Sales

  • Current Sale Contract Date: Aug 08, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11662178241
  • Current Sale Price: $265,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201908090056949
  • Previous Sale Recording Date: Feb 26, 2014
  • Previous Sale Contract Date: Feb 24, 2014
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TODAY S MORTGAGE INC
  • First Mortgage Transaction Date: Aug 09, 2019
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Feb 26, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $218,762
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lake Ridge



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Frequently Asked Questions

What neighborhood is 12940 Reese Court located in?
The 12940 Reese Court is a townhouse located in the neighborhood of Old Bridge Estates in Lake Ridge, Woodbridge.
What is the average sales price for listings in 12940 Reese Court?
The average sales price for units in 12940 Reese Court is $265,000 currently.

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