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1585 Chopping Road

1585 Chopping Road, Mineral, VA 23117
Property in Louisa
Sold Nov 02, 2020
$404,900
$384,655 by Newrez Llc
Mortgage Due Nov 01, 2050
Sold Oct 07, 2019
$125,500
Local assessors in Mineral, VA have categorized 1585 Chopping Road as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 88,993 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1585 Chopping Road has a total of 2,496 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 1585 Chopping Road was last sold in Oct 12, 2020 for $404,900. According to our calculations, that's $162.22 per sqft. Prior to that sales transaction, the property was sold for $125,500 in Sep 27, 2019. Current property owners are expected to pay $3,073 in taxes per year. The property on 1585 Chopping Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $449,200. To break that down further, the land itself was valued at $35,200. While improvements to the property were assessed at a total of $414,000. 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. 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.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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Business/Commerical Units Count: 8
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 88,993
  • Total Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,496
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: DERBY RIDGE SUBDIVISION
  • Land Acres: 2.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DERBY RIDGE LOT 3 PB 8/1684 DB 1712/336 2.043AC

Ownership

  • Current Owner : MILLER JOHN C
  • Current Owner 2: MILLER AVERY S
  • Previous Owner : SMITH WILLIAM T
  • Owner Before Previous Owner: PROS PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Louisa County Public Schools
  • Census Tract: 950202

Zoning

  • Zoning: A2

Geography

  • Assessors Map Reference: BK 8 PG 1684
  • Account Number: 26557
  • Parcel: 27 14 3
  • Lot: 3
  • Municipality: MINERAL
  • Latitude: 38.0442
  • Longitude: -77.9179

    Address

  • Full Address: 1585 Chopping Rd
  • Address - House Number: 1585
  • Address - Street Name: Chopping
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Mineral
  • Carrier Code: R008
  • 4-Digit Zip Code: 5180
  • Zip Code: 23117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,073

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 510,360
  • High Value: 614,824
  • Low Value: 405,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,655
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $384,655
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $449,200
  • Market Land Value: $35,200
  • Market Improvement Value: $414,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,200
  • Assessed Land Value: $35,200
  • Assessed Improvements Value: $414,000

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11803579016
  • Current Sale Price: $404,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000010911
  • Previous Sale Recording Date: Oct 07, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $384,655
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Louisa



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Frequently Asked Questions

What neighborhood is 1585 Chopping Road located in?
The 1585 Chopping Road is a located in the neighborhood of Louisa in Louisa, Mineral.
What is the average sales price for listings in 1585 Chopping Road?
The average sales price for units in 1585 Chopping Road is $0 currently.

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