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16 Palmer Court

16 Palmer Court, Sterling, VA 20165
Property in Countryside
Sold Jul 19, 2002
$175,000
Buyer
Seller
$130,000 by Century Mortgage Corp
Mortgage
Sold Jul 02, 1997
$95,000
$94,951 by Carl I Brown Mtg
Mortgage
16 Palmer Court has been categorized by the local assessors in Sterling, VA as a residential type of property. The building on the property was first built in 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 Palmer Court has 882 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 320 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 area measurement of the land has been determined as 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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 electricity. 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, 16 Palmer Court was last sold in Jul 18, 2002 for $175,000. According to our calculations, that's $198.41 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Jan 1, 1970. Current property owners are expected to pay $3,295 in taxes per year. The property on 16 Palmer Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $376,530. To break that down further, the land itself was valued at $148,500. While improvements to the property were assessed at a total of $228,030. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1983
  • Effective Year Built: 2000
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 882
  • Building Area: 882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 882
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRYSIDE
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: COUNTRYSIDE S.T-3-B L.88 2218--1770

Ownership

  • Current Owner : THAI TI
  • Previous Owner : SMITH HENRY
  • Owner Before Previous Owner: SHULTZ ROBERT T
  • Owner Before Previous Owner 2: SHULTZ MARGARET E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: COUNTY DISTRICT
  • Census Tract: 611102

Zoning

  • Zoning: PDH3

Geography

  • Assessors Map Reference: 64A2/5////88
  • Section: T-3
  • Parcel: 028-47-3331-000
  • Lot: 88
  • Municipality: ALGONKIAN
  • Latitude: 39.0494
  • Longitude: -77.4211

    Address

  • Full Address: 16 Palmer Ct
  • Address - House Number: 16
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 5714
  • Zip Code: 20165

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,295

    Appraisal Valuation

  • Standard Deviation: 0.0916
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 92
  • Final Value: 405,595
  • High Value: 442,777
  • Low Value: 368,412

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 19, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: $376,530
  • Market Land Value: $148,500
  • Market Improvement Value: $228,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,530
  • Assessed Land Value: $148,500
  • Assessed Improvements Value: $228,030

    Sales

  • Current Sale Contract Date: Jul 18, 2002
  • Current Sale Recording Date: Jul 19, 2002
  • Current Sale Transaction ID: 1079606608
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 02, 1997
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 19, 2002
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CARL I BROWN MTG
  • Previous Mortgage Transaction Date: Jul 02, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $94,951
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Countryside



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Frequently Asked Questions

What neighborhood is 16 Palmer Court located in?
The 16 Palmer Court is a located in the neighborhood of Countryside in Countryside, Sterling.
What is the average sales price for listings in 16 Palmer Court?
The average sales price for units in 16 Palmer Court is $0 currently.

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