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16126 Gibson Mill Road

16126 Gibson Mill Road, Culpeper, VA 22701
Property in Culpeper
Sold Dec 07, 2011
$150,000
$120,000 by Usaa Federal Savings Bank
Mortgage Due Jan 01, 2042
Sold Sep 20, 2004
$250,000
Buyer
Seller
$200,000 by Merrill Lynch Credit Corp
Mortgage
16126 Gibson Mill Road has been categorized by the local assessors in Culpeper, VA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16126 Gibson Mill Road has 1,368 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 47,916 square feet.

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 528 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a porch. 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 composition shingle. The exterior walls of the building are made of wood 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 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 well 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, 16126 Gibson Mill Road sold most recently in Nov 19, 2011 for a total of $150,000. If you work out the math, that's approximately a cost of $109.65 per sqft. Before that, the property was also sold for $250,000 in Sep 20, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,438 in taxes each year. 16126 Gibson Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,700. If we break it down further, the land itself was valued at $75,900. Improvements to the property, however, were assessed at a total of $236,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,368
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 PLAT

Ownership

  • Current Owner : LUMPKIN PAUL C
  • Previous Owner : THOMAS JAY W
  • Owner Before Previous Owner: COUICK DOTTIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Culpeper County Public Schools
  • Census Tract: 930203

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 39 55B
  • Account Number: 14071
  • Parcel: 39- - - - 55-B
  • Lot: 2
  • Municipality: SALEM
  • Latitude: 38.4823
  • Longitude: -78.0461

    Address

  • Full Address: 16126 Gibson Mill Rd
  • Address - House Number: 16126
  • Address - Street Name: Gibson Mill
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Culpeper
  • Carrier Code: R009
  • 4-Digit Zip Code: 7327
  • Zip Code: 22701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,438

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 357,470
  • High Value: 416,407
  • Low Value: 298,533

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: USAA FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Jan 01, 2042
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Sep 15, 2022
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2037

    Market Valuation

  • Market Total Value: $312,700
  • Market Land Value: $75,900
  • Market Improvement Value: $236,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,700
  • Assessed Land Value: $75,900
  • Assessed Improvements Value: $236,800

    Sales

  • Current Sale Contract Date: Nov 19, 2011
  • Current Sale Recording Date: Dec 07, 2011
  • Current Sale Transaction ID: 1056059074
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 20, 2004
  • Previous Sale Contract Date: Sep 20, 2004
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Dec 07, 2011
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Sep 20, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Culpeper



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Frequently Asked Questions

What neighborhood is 16126 Gibson Mill Road located in?
The 16126 Gibson Mill Road is a located in the neighborhood of Culpeper in Culpeper, Culpeper.
What is the average sales price for listings in 16126 Gibson Mill Road?
The average sales price for units in 16126 Gibson Mill Road is $0 currently.

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