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224 North Raleigh Court

224 North Raleigh Court, Danville, VA 24540
Property in Danville
Sold Sep 25, 2017
$12,000
$35,000 by Virginia Bank & Trust
Mortgage
224 North Raleigh Court has been categorized by the local assessors in Danville, VA as a residential type of property. The building on the property was first built in 1922 and is 102 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 224 North Raleigh Court has 952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,019 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 C- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 224 North Raleigh Court sold most recently in Sep 13, 2017 for a total of $12,000. If you work out the math, that's approximately a cost of $12.61 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 $285 in taxes each year. 224 North Raleigh Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,900. If we break it down further, the land itself was valued at $3,500. Improvements to the property, however, were assessed at a total of $30,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1922
  • Effective Year Built: 1922
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 750
  • Total Building Area: 952
  • Gross Building Area: 952
  • Building Area: 952
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 75 FT NO 48 & PT NO 43 N RALEIGH CT

Ownership

  • Current Owner : LOVELACE TOMMY
  • Previous Owner : BASS STEPHEN G

Neighborhood

  • School District Name: Danville City Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: OLD TOWN R

Geography

  • Parcel: 02239
  • Latitude: 36.6107
  • Longitude: -79.3805

    Address

  • Full Address: 224 N Raleigh Ct
  • Address - House Number: 224
  • Street Direction: N
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Danville
  • Carrier Code: C024
  • 4-Digit Zip Code: 3206
  • Zip Code: 24540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: VIRGINIA BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 25, 2017
  • First Open Lien Mortgage Loan Amount: $35,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $33,900
  • Market Land Value: $3,500
  • Market Improvement Value: $30,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,900
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $30,400

    Sales

  • Current Sale Contract Date: Sep 13, 2017
  • Current Sale Recording Date: Sep 25, 2017
  • Current Sale Transaction ID: 1736790858
  • Current Sale Price: $12,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170003388

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA BANK & TRUST
  • First Mortgage Transaction Date: Sep 25, 2017
  • First Mortgage Loan Amount: $35,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Danville



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Frequently Asked Questions

What neighborhood is 224 North Raleigh Court located in?
The 224 North Raleigh Court is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 224 North Raleigh Court?
The average sales price for units in 224 North Raleigh Court is $0 currently.

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