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157 Marshall Terrace

157 Marshall Terrace, Danville, VA 24541
Property in Danville
Sold Mar 07, 2019
$85,000
$86,827 by Navy Federal Credit Union
Mortgage
Sold Nov 09, 2017
$52,000
Local assessors in Danville, VA have categorized 157 Marshall Terrace as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1964. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,460 ft and the front of the lot was measured at 480 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 157 Marshall Terrace has a total of 2,101 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 finished improved basement that is 337 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a open 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 roof that is 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 plaster. The home's a steam heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 157 Marshall Terrace was last sold in Mar 6, 2019 for $85,000. According to our calculations, that's $62.32 per sqft. Prior to that sales transaction, the property was sold for $52,000 in Nov 9, 2017. Current property owners are expected to pay $635 in taxes per year. The property on 157 Marshall Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,600. To break that down further, the land itself was valued at $11,300. While improvements to the property were assessed at a total of $64,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 337
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,101
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 48 FT NO 39 MARSHALL TERR

Ownership

  • Current Owner : HUGHES CARL L
  • Previous Owner : SMITH STEVE B
  • Owner Before Previous Owner: HODGE ELIZABETH B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Danville City Public Schools
  • Census Tract: 000700

Zoning

  • Zoning: OLD TOWN R

Geography

  • Parcel: 22645
  • Latitude: 36.576
  • Longitude: -79.4089

    Address

  • Full Address: 157 Marshall Ter
  • Address - House Number: 157
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Danville
  • Carrier Code: C009
  • 4-Digit Zip Code: 2806
  • Zip Code: 24541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $635

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 88,055
  • High Value: 128,103
  • Low Value: 48,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,827
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 07, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $86,827
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $75,600
  • Market Land Value: $11,300
  • Market Improvement Value: $64,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,600
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $64,300

    Sales

  • Current Sale Contract Date: Mar 06, 2019
  • Current Sale Recording Date: Mar 07, 2019
  • Current Sale Transaction ID: 11590723648
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190000952
  • Previous Sale Recording Date: Nov 09, 2017
  • Previous Sale Contract Date: Nov 09, 2017
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 07, 2019
  • First Mortgage Loan Amount: $86,827
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Danville



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Frequently Asked Questions

What neighborhood is 157 Marshall Terrace located in?
The 157 Marshall Terrace is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 157 Marshall Terrace?
The average sales price for units in 157 Marshall Terrace is $0 currently.

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