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202 Fairfax Lane

202 Fairfax Lane, Locust Grove, VA 22508
Property in Orange
Sold Oct 25, 2016
$175,000
$146,301 by Presidential Bank Fsb
Mortgage Due Sep 01, 2046
Sold Aug 30, 2016
$149,000
$146,301 by Presidential Bank Fsb
Mortgage Due Sep 01, 2046
Local assessors in Locust Grove, VA have categorized 202 Fairfax Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 11,752 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 202 Fairfax Lane has a total of 2,082 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 392 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 202 Fairfax Lane was last sold in Sep 22, 2016 for $175,000. According to our calculations, that's $84.05 per sqft. Prior to that sales transaction, the property was sold for $149,000 in Aug 25, 2016. Current property owners are expected to pay $1,168 in taxes per year. The property on 202 Fairfax Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $154,700. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $124,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,752
  • Total Building Area: 2,082
  • Gross Building Area: 1,080
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,082
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: USL 9-46

Ownership

  • Current Owner : VARGAS JOSE A
  • Current Owner 2: VARGAS OBDULIA
  • Previous Owner : GRASTY BARBARA R
  • Previous Owner 2: GRASTY DORINDA GAIL
  • Owner Before Previous Owner: MATHEWS MARK P
  • Owner Before Previous Owner 2: MATHEWS ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Orange County Public Schools
  • Census Tract: 110108

Zoning

  • Zoning: R3 PLANNED

Geography

  • Assessors Map Reference: MAP 12
  • Account Number: 3144
  • District: 03
  • Parcel: 012-A0-00-09-0046
  • Block: 9
  • Lot: 46
  • Municipality: LOW
  • Latitude: 38.3362
  • Longitude: -77.7762

    Address

  • Full Address: 202 Fairfax Ln
  • Address - House Number: 202
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Locust Grove
  • Carrier Code: H073
  • 4-Digit Zip Code: 5125
  • Zip Code: 22508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,168

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 277,545
  • High Value: 331,591
  • Low Value: 223,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,301
  • First Open Lien Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 30, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $146,301
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $154,700
  • Market Land Value: $30,000
  • Market Improvement Value: $124,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,700
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $124,700

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1850066217
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160007614
  • Previous Sale Recording Date: Aug 30, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON C R GARNETT
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $145,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 01, 2021

    Previous Mortgages

  • Previous Mortgage Lender: PRESIDENTIAL BANK FSB
  • Previous Mortgage Transaction Date: Aug 30, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $146,301
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Lake of the Woods



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Frequently Asked Questions

What neighborhood is 202 Fairfax Lane located in?
The 202 Fairfax Lane is a located in the neighborhood of Orange in Lake of the Woods, Locust Grove.
What is the average sales price for listings in 202 Fairfax Lane?
The average sales price for units in 202 Fairfax Lane is $0 currently.

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