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1321 Commerce Street

1321 Commerce Street, Winchester, VA 22601
House in Winchester
Sold Jan 19, 2021
$276,000
$262,200 by Residential Mortgage Services
Mortgage Due Feb 01, 2051
Sold Jul 12, 2011
$75,500
Local assessors in Winchester, VA have categorized 1321 Commerce Street as a residential type of property. The home was built in 1970 and is 54 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 5,825 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, 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1321 Commerce Street has a total of 1,216 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,216 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Jan 15, 2021 for $276,000. That's $226.97 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2011 for $75,500. 1321 Commerce Street was last assessed in 2023. The total value of the property was assessed at $237,700. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $192,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,973. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1983
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,216
  • Garage Type: None
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,825
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,216
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OVERLOOK PARK
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OVERLOOK PARK SD B-B L-9 W S 1321 COMMERCE STREET

Ownership

  • Current Owner : SANCHEZ SILVIA Y SANCHEZ
  • Current Owner 2: SANCHEZ MORENA Y
  • Previous Owner : BRICKSTREET PROPERTIES LLC
  • Owner Before Previous Owner: HOUSEHOLD REALTY CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Winchester City Public Schools
  • Census Tract: 000301

Zoning

  • Zoning: MR

Geography

  • Assessors Map Reference: MAP 233-04
  • Account Number: 4668
  • Parcel: 233-04-B- 9-
  • Block: B
  • Lot: 9
  • Municipality: WINCHESTER CITY PS
  • Latitude: 39.1718
  • Longitude: -78.166

    Address

  • Full Address: 1321 Commerce St
  • Address - House Number: 1321
  • Address - Street Name: Commerce
  • Address - Suffix Type: St
  • State: VA
  • City Name: Winchester
  • Carrier Code: C013
  • 4-Digit Zip Code: 4409
  • Zip Code: 22601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,973

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 282,457
  • High Value: 334,535
  • Low Value: 230,380

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,200
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $262,200
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $237,700
  • Market Land Value: $45,000
  • Market Improvement Value: $192,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,700
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11817172465
  • Current Sale Price: $276,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210000191
  • Previous Sale Recording Date: Jul 12, 2011
  • Previous Sale Contract Date: Jul 07, 2011
  • Previous Sale Amount: $75,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $262,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Winchester



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Frequently Asked Questions

What neighborhood is 1321 Commerce Street located in?
The 1321 Commerce Street is a house located in the neighborhood of Winchester in Winchester, Winchester.
What is the average sales price for listings in 1321 Commerce Street?
The average sales price for units in 1321 Commerce Street is $274,900 , or $129/sqft. currently.

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