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1962 Reed Creek Drive

1962 Reed Creek Drive, Bassett, VA 24055
House in Henry
Sold Mar 28, 2019
$84,000
$122,100 by Freedom Mortgage Corporation
Mortgage Due Jul 01, 2053
1962 Reed Creek Drive in Bassett, VA was first built in 1978 and is 46 years old. This has been categorized as a residential property type. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1962 Reed Creek Drive has 1,296 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,002 square feet.

Learn more about the property and building on this page. 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, 1962 Reed Creek Drive sold most recently in Mar 28, 2019 for a total of $84,000. If you work out the math, that's approximately a cost of $64.81 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 $542 in taxes each year. 1962 Reed Creek Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,700. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $87,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

Exterior

Brick Exterior
Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,002
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JESSE D CAHILL PROP
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 16.8(048 )000 /012; ST RD 606 LOT 12

Ownership

  • Current Owner : HAIRSTON ROBERT J
  • Current Owner 2: HAIRSTON LANA KAY
  • Previous Owner : THE ESTATE OF OPAL M PRILLAMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henry County Public Schools
  • Census Tract: 011300

Zoning

  • Zoning: SR

Geography

  • District: RC
  • Parcel: 177900000
  • Lot: 12
  • Municipality: RED CREEK DISTRICT
  • Latitude: 36.7633
  • Longitude: -79.9313

    Address

  • Full Address: 1962 Reed Creek Dr
  • Address - House Number: 1962
  • Address - Street Name: Reed Creek
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Bassett
  • Carrier Code: R005
  • 4-Digit Zip Code: 5838
  • Zip Code: 24055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $542

    Appraisal Valuation

  • Standard Deviation: 0.1224
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 75
  • Final Value: 177,898
  • High Value: 199,677
  • Low Value: 156,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,100
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jun 20, 2023
  • First Open Lien Mortgage Loan Amount: $122,100
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $97,700
  • Market Land Value: $10,000
  • Market Improvement Value: $87,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,700
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $87,700

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11598436565
  • Current Sale Price: $84,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 190000995

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONAL BANK AND TRU
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $84,848
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Henry



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Frequently Asked Questions

What neighborhood is 1962 Reed Creek Drive located in?
The 1962 Reed Creek Drive is a house located in the neighborhood of Henry in Henry, Bassett.
What is the average sales price for listings in 1962 Reed Creek Drive?
The average sales price for units in 1962 Reed Creek Drive is $0 currently.

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