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131 Town Run Lane

131 Town Run Lane, Stephens City, VA 22655
Property in Frederick
131 Town Run Lane in Stephens City, VA was first built in 1986 and is 38 years old. This has been categorized as a commercial property type. It is a single story home. There are 2 partial bathrooms. 131 Town Run Lane has 5,120 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 43,560 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a flat style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. 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 forced air unit and being fueled with gas. 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, 131 Town Run Lane was last sold in Aug 26, 2020 for $2,461,704. According to our calculations, that's $1,145.51 per sqft. Prior to that sales transaction, the property was sold for $575,000 in Feb 15, 2019. Current property owners are expected to pay $6,023 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 131 Town Run Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,181,000. To break that down further, the land itself was valued at $685,200. While improvements to the property were assessed at a total of $495,800. 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. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,149
  • Gross Building Area: 2,149
  • Building Area: 2,149
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: 3
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: 1.00 ACRE

Ownership

  • Current Owner : HUNTINGTON MICHAEL
  • Previous Owner : STEPHEN CITY VA LLC
  • Owner Before Previous Owner: WINCHESTER CAPITAL GROUP INC

Neighborhood

  • School District Name: Frederick County Public Schools
  • Census Tract: 050801

Zoning

  • Zoning: RESTRICTIV

Geography

  • Account Number: 8038556
  • Parcel: 85A-148F
  • Municipality: OPEQUON DISTRICT
  • Latitude: 39.0801
  • Longitude: -78.2145

    Address

  • Full Address: 131 Town Run Ln
  • Address - House Number: 131
  • Address - Street Name: Town Run
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Stephens City
  • Carrier Code: R006
  • 4-Digit Zip Code: 5321
  • Zip Code: 22655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,023
  • Intital Tax Deliquent Year: 2022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: CAPSTAR BANK
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 106
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 28, 2030

    Market Valuation

  • Market Total Value: $1,181,000
  • Market Land Value: $685,200
  • Market Improvement Value: $495,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,181,000
  • Assessed Land Value: $685,200
  • Assessed Improvements Value: $495,800

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11787573744
  • Current Sale Price: $2,461,704
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 200011837
  • Previous Sale Recording Date: Feb 22, 2019
  • Previous Sale Contract Date: Feb 15, 2019
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROGRESS DIRECT LLC
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Frederick



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Unit for rent at 250 Schramm Loop, STEPHENS CITY, VA, 22655

$2,095 /mo

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250 Schramm Loop, STEPHENS CITY, VA, 22655 Listing by Paramjit Mahey

Frequently Asked Questions

What neighborhood is 131 Town Run Lane located in?
The 131 Town Run Lane is a located in the neighborhood of Frederick in Frederick, Stephens City.
What is the average sales price for listings in 131 Town Run Lane?
The average sales price for units in 131 Town Run Lane is $0 currently.

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