16571 East Washington Avenue

16571 East Washington Avenue in Elkton, VA was first built in 1952 and is 72 years old. This has been categorized as a commercial property type. There are a total of 2 floors. There is a 1 partial bathroom. In total, the area measurement of the land is 27,704 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The condition of the building has been evaluated as good. The exterior walls of the home are made of block. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a space/suspended heating system and being fueled with wood. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,118 in taxes per year. The property on 16571 East Washington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $311,500. To break that down further, the land itself was valued at $69,300. While improvements to the property were assessed at a total of $242,200. 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.