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1509 Midway Drive

1509 Midway Drive, Spencer, VA 24165
Property in Patrick
Refi Sep 22, 2014
Transfer
$84,000 by Martinsville Dupont Credi
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 292,331 square feet.

Learn more about the property and building on this page. 1509 Midway Drive was last assessed in 2023. The total value of the property was assessed at $62,000. Specifically, the land the property is located on was valued at $24,000. While improvements on the property were assessed at a total of $38,000. 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 $453. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 292,331
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 6.711
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N MAYO R I#14-1409

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Patrick County Public Schools
  • School Tax School District: MAYO RIVER
  • Census Tract: 030301

Geography

  • Account Number: 80914
  • District: P3
  • Parcel: 5308.00.4
  • Lot: 4
  • Municipality: PATRICK
  • Latitude: 36.5686
  • Longitude: -80.087

    Address

  • Full Address: 1509 Midway Dr
  • Address - House Number: 1509
  • Address - Street Name: Midway
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 3421
  • Zip Code: 24165

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453

    Appraisal Valuation

  • Standard Deviation: 0.1225
  • Valuation Date: May 10, 2023
  • Confidence Score: 75
  • Final Value: 114,433
  • High Value: 128,458
  • Low Value: 100,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: MARTINSVILLE DUPONT CREDI
  • First Open Lien Mortgage Recording Date: Sep 22, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $84,000
  • 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: $62,000
  • Market Land Value: $24,000
  • Market Improvement Value: $38,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $38,000

About Patrick



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Frequently Asked Questions

What neighborhood is 1509 Midway Drive located in?
The 1509 Midway Drive is a located in the neighborhood of Patrick in Patrick, Spencer.
What is the average sales price for listings in 1509 Midway Drive?
The average sales price for units in 1509 Midway Drive is $0 currently.

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