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2412 Academy Road

2412 Academy Road, Powhatan, VA 23139
Property in Powhatan
Sold Feb 22, 2021
$351,500
$281,200 by George Mason Mtg Corp
Mortgage Due Mar 01, 2051
Sold Feb 12, 2018
$295,000
$236,000 by Wells Fargo Bk Wells Fargo Bk
Mortgage Due Feb 09, 2048
2412 Academy Road has been categorized by the local assessors in Powhatan, VA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2412 Academy Road has 1,488 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 108,247 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 696 sqft. According to our sources, there are a total of 2 available parking spaces. 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 2412 Academy Road sold most recently in Feb 15, 2021 for a total of $351,500. If you work out the math, that's approximately a cost of $236.22 per sqft. Before that, the property was also sold for $295,000 in Jan 29, 2018. 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 $2,580 in taxes each year. 2412 Academy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $304,600. If we break it down further, the land itself was valued at $71,400. Improvements to the property, however, were assessed at a total of $233,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,200
  • Garage Type: Detached
  • Garage Square Area: 696
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 108,247
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,488
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.485
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: ADJOINING SHATLEY SPRINGS

Ownership

  • Current Owner : BRAME-COVINGTON CARLYN
  • Current Owner 2: ADAMS JACOB C
  • Previous Owner : HARTZELL DAVID P
  • Previous Owner 2: HARTZELL JENNIFER L
  • Owner Before Previous Owner: STEPHEN PUGH
  • Owner Before Previous Owner 2: STEPHEN SHERRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Powhatan County Public Schools
  • Census Tract: 500201

Zoning

  • Zoning: A-10

Geography

  • Assessors Map Reference: 316-259
  • Account Number: 2878
  • District: PS
  • Parcel: 027-43D
  • Lot: 43D
  • Municipality: SPENCER
  • Latitude: 37.5532
  • Longitude: -77.8785

    Address

  • Full Address: 2412 Academy Rd
  • Address - House Number: 2412
  • Address - Street Name: Academy
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Powhatan
  • Carrier Code: R013
  • 4-Digit Zip Code: 5820
  • Zip Code: 23139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,580

    Appraisal Valuation

  • Standard Deviation: 0.1179
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 435,570
  • High Value: 486,964
  • Low Value: 384,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,200
  • First Open Lien Mortgage Lender: GEORGE MASON MTG CORP
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $281,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $304,600
  • Market Land Value: $71,400
  • Market Improvement Value: $233,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,600
  • Assessed Land Value: $71,400
  • Assessed Improvements Value: $233,200

    Sales

  • Current Sale Contract Date: Feb 15, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11869266066
  • Current Sale Price: $351,500
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Feb 12, 2018
  • Previous Sale Contract Date: Jan 29, 2018
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MTG CORP
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $281,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BK WELLS FARGO BK
  • Previous Mortgage Transaction Date: Feb 12, 2018
  • Previous Mortgage Loan Amount: $236,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 09, 2048

About Powhatan



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Frequently Asked Questions

What neighborhood is 2412 Academy Road located in?
The 2412 Academy Road is a located in the neighborhood of Powhatan in Powhatan, Powhatan.
What is the average sales price for listings in 2412 Academy Road?
The average sales price for units in 2412 Academy Road is $0 currently.

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