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199 Marshall Terrace

199 Marshall Terrace, Danville, VA 24541
Property in Danville
Sold Oct 12, 2021
$179,900
$176,641 by Movement Mortgage Llc
Mortgage
Sold Jun 09, 2021
$95,000
199 Marshall Terrace in Danville, VA was first built in 1917 and is 107 years old. Although, the building on the property was most recently renovated and altered in 1944. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 199 Marshall Terrace has 3,644 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. The basement is 1,358 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,460. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a steam heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 199 Marshall Terrace sold most recently in Oct 7, 2021 for a total of $179,900. If you work out the math, that's approximately a cost of $78.70 per sqft. Before that, the property was also sold for $95,000 in Jun 7, 2021. 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 $1,079 in taxes each year. 199 Marshall Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $128,500. If we break it down further, the land itself was valued at $11,500. Improvements to the property, however, were assessed at a total of $117,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1917
  • Effective Year Built: 1944
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,358
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,286
  • Gross Building Area: 2,286
  • Building Area: 2,286
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 3,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 50.55 FT NO 29A & PT 30 MARSHALL TERR

Ownership

  • Current Owner : SHELTON JOSEPH D
  • Previous Owner : MOORE CHRISTOPHER THOMAS
  • Previous Owner 2: ATKINSON REBECCA
  • Owner Before Previous Owner: JOYCE LYNWOOD E
  • Owner Before Previous Owner 2: JOYCE ELLEN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Danville City Public Schools
  • Census Tract: 000700

Zoning

  • Zoning: OLD TOWN R

Geography

  • Parcel: 24122
  • Latitude: 36.5748
  • Longitude: -79.4085

    Address

  • Full Address: 199 Marshall Ter
  • Address - House Number: 199
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Danville
  • Carrier Code: C009
  • 4-Digit Zip Code: 2806
  • Zip Code: 24541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $182,937
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $176,641
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Oct 12, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $6,296
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $128,500
  • Market Land Value: $11,500
  • Market Improvement Value: $117,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,500
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $117,000

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11861280971
  • Current Sale Price: $179,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210004571
  • Previous Sale Recording Date: Jun 09, 2021
  • Previous Sale Contract Date: Jun 07, 2021
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $176,641
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Danville



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Frequently Asked Questions

What neighborhood is 199 Marshall Terrace located in?
The 199 Marshall Terrace is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 199 Marshall Terrace?
The average sales price for units in 199 Marshall Terrace is $0 currently.

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