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240 Frenchs Hill Drive

240 Frenchs Hill Drive, Hot Springs, VA 24445
House in Bath
Sold Mar 19, 2021
$725,000
$325,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Nov 17, 2005
Transfer
$700,000 by Wachovia Mortgage Corp
Mortgage Due Dec 01, 2035
240 Frenchs Hill Drive in Hot Springs, VA was first built in 1910 and is 114 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 240 Frenchs Hill Drive has 3,689 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 74,052 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 676 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. While the interior walls are made of plaster. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with oil. 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, 240 Frenchs Hill Drive sold most recently in Mar 17, 2021 for a total of $725,000. If you work out the math, that's approximately a cost of $196.53 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 $4,514 in taxes each year. 240 Frenchs Hill Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $752,300. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $577,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Wood Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 3,689
  • Gross Building Area: 3,689
  • Building Area: 3,689
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,689
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.7
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: BACK OF EPISCOPAL CHURCH

Ownership

  • Current Owner : CATHEY MARK K
  • Current Owner 2: LONDOS KATHERINE C
  • Previous Owner : DEEMER PHILIP M
  • Previous Owner 2: DEEMER REBECCA C
  • Owner Before Previous Owner: SEDGE ROY KENNETH
  • Owner Before Previous Owner 2: ERDMAN SUE ANN

Neighborhood

  • School District Name: Bath County Public Schools
  • Census Tract: 920102

Geography

  • Account Number: 152200
  • Parcel: 83A 2 2
  • Municipality: MILLBORO
  • Latitude: 37.996
  • Longitude: -79.834

    Address

  • Full Address: 240 Frenchs Hill Dr
  • Address - House Number: 240
  • Address - Street Name: Frenchs Hill
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Hot Springs
  • Zip Code: 24445

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,514

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 898,806
  • High Value: 1,068,019
  • Low Value: 729,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $752,300
  • Market Land Value: $175,000
  • Market Improvement Value: $577,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $752,300
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $577,300

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11825974077
  • Current Sale Price: $725,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210000209
  • Previous Sale Recording Date: Nov 17, 2005
  • Previous Sale Contract Date: Nov 14, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 17, 2005
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Hot Springs



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Frequently Asked Questions

What neighborhood is 240 Frenchs Hill Drive located in?
The 240 Frenchs Hill Drive is a house located in the neighborhood of Bath in Hot Springs, Hot Springs.
What is the average sales price for listings in 240 Frenchs Hill Drive?
The average sales price for units in 240 Frenchs Hill Drive is $0 currently.

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