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1405 Lee Lane

1405 Lee Lane, Hopewell, VA 23860
House in Hopewell
Sold Nov 02, 2018
$155,000
$147,066 by Tidewater Mortgage Services In
Mortgage
Sold Nov 27, 2017
$43,000
$30,000 by Ace Rentals Inc
Mortgage
Local assessors in Hopewell, VA have categorized 1405 Lee Lane as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,000 ft. 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, 4 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 3 full bathrooms. There are also 3 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 1405 Lee Lane has a total of 1,200 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central 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, 1405 Lee Lane sold most recently in Oct 24, 2018 for a total of $155,000. If you work out the math, that's approximately a cost of $129.17 per sqft. Before that, the property was also sold for $43,000 in Oct 26, 2017. 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 $2,086 in taxes each year. 1405 Lee Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,600. If we break it down further, the land itself was valued at $24,800. Improvements to the property, however, were assessed at a total of $159,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1976
  • Effective Year Built: 1976
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 1-2-3-4 BLK 9

Ownership

  • Current Owner : GONZALEZ LORETTA L
  • Previous Owner : PERRY YVONNE S
  • Owner Before Previous Owner: Ace Rental Inc A Virginia Corporation
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell City Public Schools
  • Census Tract: 820600

Zoning

  • Zoning: R2

Geography

  • District: WARD 06
  • Parcel: 092-0340
  • Block: 9
  • Lot: 1-4
  • Latitude: 37.2748
  • Longitude: -77.3012

    Address

  • Full Address: 1405 Lee Ln
  • Address - House Number: 1405
  • Address - Street Name: Lee
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Hopewell
  • Carrier Code: C009
  • 4-Digit Zip Code: 7023
  • Zip Code: 23860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,086

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 254,841
  • High Value: 317,415
  • Low Value: 192,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,066
  • First Open Lien Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Nov 02, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,066
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $184,600
  • Market Land Value: $24,800
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,600
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $159,800

    Sales

  • Current Sale Contract Date: Oct 24, 2018
  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Transaction ID: 11541114016
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180002457
  • Previous Sale Recording Date: Nov 27, 2017
  • Previous Sale Contract Date: Oct 26, 2017
  • Previous Sale Amount: $43,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Mortgage Transaction Date: Nov 02, 2018
  • First Mortgage Loan Amount: $147,066
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ACE RENTALS INC
  • Previous Mortgage Transaction Date: Nov 27, 2017
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Hopewell



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Frequently Asked Questions

What neighborhood is 1405 Lee Lane located in?
The 1405 Lee Lane is a house located in the neighborhood of Hopewell in Hopewell, Hopewell.
What is the average sales price for listings in 1405 Lee Lane?
The average sales price for units in 1405 Lee Lane is $0 currently.

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