Check Availability

16118 Old Castle Road

16118 Old Castle Road, Midlothian, VA 23112
Sold Dec 19, 2016
$1,119,809
$1,063,818 by Southern Trust Mortgage Llc
Mortgage
16118 Old Castle Road has been categorized by the local assessors in Midlothian, VA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 14 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16118 Old Castle Road has 6,538 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 partial basement with daylight that is 2,823 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 42,732 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 for those who require parking. The garage measured 705 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of rock and stone. 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 air conditioning at the moment. In terms of heating, it is utilizing a heat pump 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 water 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, 16118 Old Castle Road sold most recently in Dec 13, 2016 for a total of $1,119,809. If you work out the math, that's approximately a cost of $171.28 per sqft. 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 $12,216 in taxes each year. 16118 Old Castle Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,339,700. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $1,179,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement with daylight
  • Basement Area: 2,823
  • Garage Type: Garage
  • Garage Square Area: 705
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 42,732
  • Total Building Area: 6,538
  • Building Area: 6,538
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 6,538
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HALLSLEY
  • Land Acres: 0.981
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HALLSLEY SEC 11 016

Ownership

  • Current Owner : ROSE ANDREW
  • Current Owner 2: ROSE ALLISON
  • Previous Owner : Mirabella Investments Inc A Virginia cor
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100938

Zoning

  • Zoning: R15 - SING

Geography

  • Assessors Map Reference: MB 227 PG 52
  • Account Number: 385200001
  • District: 05
  • Section: 11
  • Parcel: 711-69-40-48-300-000
  • Lot: 16
  • Municipality: MIDLOTHIAN
  • Latitude: 37.4678
  • Longitude: -77.7139

    Address

  • Full Address: 16118 Old Castle Rd
  • Address - House Number: 16118
  • Address - Street Name: Old Castle
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R032
  • 4-Digit Zip Code: 3589
  • Zip Code: 23112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,216

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 83
  • Final Value: 1,211,099
  • High Value: 1,382,897
  • Low Value: 1,039,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,063,818
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 19, 2016
  • First Open Lien Mortgage Loan Amount: $1,063,818
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Market Valuation

  • Market Total Value: $1,339,700
  • Market Land Value: $160,000
  • Market Improvement Value: $1,179,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,339,700
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $1,179,700

    Sales

  • Current Sale Contract Date: Dec 13, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Transaction ID: 1904630261
  • Current Sale Price: $1,119,809
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016051257

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 19, 2016
  • First Mortgage Loan Amount: $1,063,818
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

About Chesterfield



Similar Buildings

House at 16118 Old Castle Road,

15313 Avada Terrace

  • 1 Unit for Sale
15313 Avada Terrace, Midlothian, VA 23112

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16118 Old Castle Road located in?
The 16118 Old Castle Road is a house located in the neighborhood of Chesterfield in Chesterfield, Midlothian.
What is the average sales price for listings in 16118 Old Castle Road?
The average sales price for units in 16118 Old Castle Road is $0 currently.

Quantcast