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1850 Meadowood Trail

1850 Meadowood Trail, Martinsville, VA 24112
Property in Henry
Sold Apr 14, 2023
$203,000
$175,569 by United Wholesale Mortgage Llc
Mortgage Due May 01, 2053
Sold Apr 06, 2022
$136,000
1850 Meadowood Trail has been categorized by the local assessors in Martinsville, VA as a residential type of property. The building on the property was first built in 1974 and is 50 years old. In addition, 1850 Meadowood Trail has 1,470 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 700,880 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. 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, 1850 Meadowood Trail was last sold in Apr 11, 2023 for $203,000. According to our calculations, that's $138.10 per sqft. Prior to that sales transaction, the property was sold for $136,000 in Mar 31, 2022. Current property owners are expected to pay $760 in taxes per year. The property on 1850 Meadowood Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $136,900. To break that down further, the land itself was valued at $38,000. While improvements to the property were assessed at a total of $98,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1974
  • Effective Year Built: 1974
  • Total Rooms: 6
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 700,880
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 16.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 49.3(000 )000 /303A; ST RT 683 PARCEL A

Ownership

  • Current Owner : PETERS LATHAN Z
  • Previous Owner : HICKS ANITA D
  • Owner Before Previous Owner: DUDLEY HEATHER C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henry County Public Schools
  • Census Tract: 010900

Zoning

  • Zoning: A1

Geography

  • District: HP
  • Parcel: 111550000
  • Municipality: HORSEPASTURE DISTRICT
  • Latitude: 36.665
  • Longitude: -79.9616

    Address

  • Full Address: 1850 Meadowood Trl
  • Address - House Number: 1850
  • Address - Street Name: Meadowood
  • Address - Suffix Type: Trl
  • State: VA
  • City Name: Martinsville
  • Carrier Code: R003
  • 4-Digit Zip Code: 6830
  • Zip Code: 24112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760

    Appraisal Valuation

  • Standard Deviation: 0.1224
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 75
  • Final Value: 151,409
  • High Value: 169,945
  • Low Value: 132,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,569
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Loan Amount: $175,569
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $136,900
  • Market Land Value: $38,000
  • Market Improvement Value: $98,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,900
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $98,900

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Transaction ID: 11905653656
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1457
  • Previous Sale Recording Date: Apr 06, 2022
  • Previous Sale Contract Date: Mar 31, 2022
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 14, 2023
  • First Mortgage Loan Amount: $175,569
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2053

About Henry



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Frequently Asked Questions

What neighborhood is 1850 Meadowood Trail located in?
The 1850 Meadowood Trail is a located in the neighborhood of Henry in Henry, Martinsville.
What is the average sales price for listings in 1850 Meadowood Trail?
The average sales price for units in 1850 Meadowood Trail is $0 currently.

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