1963 Old Ballard Farm Lane

1963 Old Ballard Farm Lane has been categorized by the local assessors in Charlottesville, VA as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 11 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1963 Old Ballard Farm Lane has 4,672 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 finished improved basement that is 2,127 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 87,468 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 843 sqft. 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 A+ by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in May 6, 2013 for $875,000. That's $187.29 per sqft. Prior to that sales transaction, the property was also sold in Jun 21, 2012 for $1,061,500. 1963 Old Ballard Farm Lane was last assessed in 2023. The total value of the property was assessed at $1,487,600. Specifically, the land the property is located on was valued at $292,500. While improvements on the property were assessed at a total of $1,195,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $12,704. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.