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1463 Fairmont Road

1463 Fairmont Road, Morgantown, WV 26501
House in Monongalia
Sold Sep 29, 2020
$360,000
$337,565 by Home Point Financial Corporati
Mortgage Due Oct 01, 2050
Sold Oct 16, 2019
$149,500
1463 Fairmont Road has been categorized by the local assessors in Morgantown, WV as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1463 Fairmont Road has 2,669 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 909 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,700 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 24,306 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1463 Fairmont Road sold most recently in Sep 21, 2020 for a total of $360,000. If you work out the math, that's approximately a cost of $134.88 per sqft. Before that, the property was also sold for $149,500 in Oct 24, 2018. 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 $1,386 in taxes each year. 1463 Fairmont Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,540. If we break it down further, the land itself was valued at $24,300. Improvements to the property, however, were assessed at a total of $105,240. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 909
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 24,306
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,669
  • Building Area: 2,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,669
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUR WADES RUN
  • Land Acres: 0.558
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BL 1, LOT 5 LOCUST LAND

Ownership

  • Current Owner : MARKS SUSAN M
  • Current Owner 2: WASSICK ALEXIS M
  • Previous Owner : TAYLOR JAMES A
  • Owner Before Previous Owner: SHEETS ARGYLE L
  • Owner Before Previous Owner 2: SHEETS LOVINDA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monongalia School District
  • Census Tract: 011300

Geography

  • Account Number: 00700000
  • District: 07
  • Parcel: 31-07- 12A-0024.0000
  • Lot: 5
  • Municipality: GRANT
  • Latitude: 39.6175
  • Longitude: -80.0044

    Address

  • Full Address: 1463 Fairmont Rd
  • Address - House Number: 1463
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Rd
  • State: WV
  • City Name: Morgantown
  • Carrier Code: R032
  • 4-Digit Zip Code: 9729
  • Zip Code: 26501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,386

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 382,145
  • High Value: 447,793
  • Low Value: 316,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,565
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Loan Amount: $337,565
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $215,900
  • Market Land Value: $40,500
  • Market Improvement Value: $175,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,540
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $105,240

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11790455192
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 803380
  • Previous Sale Recording Date: Oct 16, 2019
  • Previous Sale Contract Date: Oct 24, 2018
  • Previous Sale Amount: $149,500
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $337,565
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

About Monongalia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1463 Fairmont Road located in?
The 1463 Fairmont Road is a house located in the neighborhood of Monongalia in Monongalia, Morgantown.
What is the average sales price for listings in 1463 Fairmont Road?
The average sales price for units in 1463 Fairmont Road is $375,000 , or $141/sqft. currently.

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