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1375 Gate Lane

1375 Gate Lane, Moneta, VA 24121
Property in Bedford
Sold Jun 16, 2015
$42,000
$40,000 by Private
Mortgage
Local assessors in Moneta, VA have categorized 1375 Gate Lane as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 20,909 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 1375 Gate Lane has a total of 720 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 fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of asphalt. Lots of metal 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 central heating system 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, 1375 Gate Lane sold most recently in Jun 10, 2015 for a total of $42,000. If you work out the math, that's approximately a cost of $58.33 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 $359 in taxes each year. The initial year of tax delinquency occurred in 2016. 1375 Gate Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,750. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Wood
  • Building Style: Mobile home
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: H H HURT
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT TRS 1&2 H H HURT

Ownership

  • Current Owner : KIRK JAMES ROBERT
  • Current Owner 2: KIRK MARK JO
  • Previous Owner : PADGETT OSCAR E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030504

Geography

  • Subdivision Tract Number: 1,2
  • Parcel: 220B 1 1B
  • Municipality: LAKES
  • Latitude: 37.1615
  • Longitude: -79.677

    Address

  • Full Address: 1375 Gate Ln
  • Address - House Number: 1375
  • Address - Street Name: Gate
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Moneta
  • Carrier Code: R004
  • 4-Digit Zip Code: 6134
  • Zip Code: 24121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 116,771
  • High Value: 140,469
  • Low Value: 93,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: PRIVATE
  • First Open Lien Mortgage Recording Date: Jun 16, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $40,000
  • 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: $87,500
  • Market Land Value: $50,000
  • Market Improvement Value: $37,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,750

    Sales

  • Current Sale Contract Date: Jun 10, 2015
  • Current Sale Recording Date: Jun 16, 2015
  • Current Sale Transaction ID: 1387021640
  • Current Sale Price: $42,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 150005391

    Last Sale Mortgage

  • First Mortgage Lender: PRIVATE
  • First Mortgage Transaction Date: Jun 16, 2015
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bedford



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Frequently Asked Questions

What neighborhood is 1375 Gate Lane located in?
The 1375 Gate Lane is a located in the neighborhood of Bedford in Bedford, Moneta.
What is the average sales price for listings in 1375 Gate Lane?
The average sales price for units in 1375 Gate Lane is $0 currently.

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