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205 Homestead Lane

205 Homestead Lane, Charlottesville, VA 22902
House in Mill Creek
Sold May 05, 2022
$395,000
$304,150 by Presidential Bank Fsb
Mortgage Due Jun 01, 2052
Sold May 02, 2017
$264,900
$211,900 by Provident Funding
Mortgage
205 Homestead Lane in Charlottesville, VA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 205 Homestead Lane has 1,212 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 14,462 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. 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. The property was last sold in Apr 26, 2022 for $395,000. That's $325.91 per sqft. Prior to that sales transaction, the property was also sold in Apr 6, 2017 for $264,900. 205 Homestead Lane was last assessed in 2023. The total value of the property was assessed at $373,500. Specifically, the land the property is located on was valued at $144,000. While improvements on the property were assessed at a total of $229,500. 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 $3,190. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Floor Cover: Parquet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,462
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,212
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MILL CREEK
  • Land Acres: 0.332
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MILL CREEK 5 41 PH-II

Ownership

  • Current Owner : SPADAFORE ANTHONY A
  • Current Owner 2: MILLER PATRICIA A
  • Previous Owner : JOSEPH FARHI JACQUES
  • Owner Before Previous Owner: WILLENBORG MELISSA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: MOUNTAIN VIEW
  • School Tax District Code 2: WALTON
  • School Tax District Code 3: MONTICELLO
  • Census Tract: 011301

Zoning

  • Zoning: PLANNED RE

Geography

  • Parcel: 090C1-01-00-04100
  • Municipality: SCOTTSVILLE
  • Latitude: 37.9889
  • Longitude: -78.5082

    Address

  • Full Address: 205 Homestead Ln
  • Address - House Number: 205
  • Address - Street Name: Homestead
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: R025
  • 4-Digit Zip Code: 7219
  • Zip Code: 22902

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,190

    Appraisal Valuation

  • Standard Deviation: 0.1434
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 82
  • Final Value: 419,459
  • High Value: 479,629
  • Low Value: 359,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,150
  • First Open Lien Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Open Lien Mortgage Recording Date: May 05, 2022
  • First Open Lien Mortgage Loan Amount: $304,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $373,500
  • Market Land Value: $144,000
  • Market Improvement Value: $229,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,500
  • Assessed Land Value: $144,000
  • Assessed Improvements Value: $229,500

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Transaction ID: 11888042857
  • Current Sale Price: $395,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5396
  • Previous Sale Recording Date: May 02, 2017
  • Previous Sale Contract Date: Apr 06, 2017
  • Previous Sale Amount: $264,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Mortgage Transaction Date: May 05, 2022
  • First Mortgage Loan Amount: $304,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING
  • Previous Mortgage Transaction Date: May 02, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $211,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Mill Creek



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Frequently Asked Questions

What neighborhood is 205 Homestead Lane located in?
The 205 Homestead Lane is a house located in the neighborhood of Mill Creek in Mill Creek, Charlottesville.
What is the average sales price for listings in 205 Homestead Lane?
The average sales price for units in 205 Homestead Lane is $0 currently.

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