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246 Federal Hill Drive

246 Federal Hill Drive, Forest, VA 24551
Property in Campbell
Sold Dec 02, 2021
$375,000
$337,500 by Movement Mortgage Llc
Mortgage
Sold Nov 15, 2013
$275,000
$247,500 by Carolina Bank
Mortgage
246 Federal Hill Drive has been categorized by the local assessors in Forest, VA as a residential type of property. The building on the property was first built in 1982 and is 42 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. The building has a total of 2 stories. In addition, 246 Federal Hill Drive has 2,152 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 1,369 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 110,642 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. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 23, 2021 for $375,000. That's $174.26 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $275,000. 246 Federal Hill Drive was last assessed in 2022. The total value of the property was assessed at $260,100. Specifically, the land the property is located on was valued at $67,700. While improvements on the property were assessed at a total of $192,400. 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 $1,353. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,369
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 110,642
  • Total Building Area: 2,152
  • Building Area: 2,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FEDERAL HILL ESTATES
  • Land Acres: 2.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FEDERAL HILL ESTATES LOT 20 SEC 2

Ownership

  • Current Owner : BURGER JONATHAN W
  • Previous Owner : SMITH CHAD M
  • Previous Owner 2: SMITH TARA M
  • Owner Before Previous Owner: HARDIE JONATHAN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Campbell County Public Schools
  • Census Tract: 020402

Zoning

  • Zoning: RSF

Geography

  • Section: 2
  • Parcel: 020Q-02000-020-0
  • Lot: 20
  • Latitude: 37.3124
  • Longitude: -79.2791

    Address

  • Full Address: 246 Federal Hill Dr
  • Address - House Number: 246
  • Address - Street Name: Federal Hill
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Forest
  • Carrier Code: R010
  • 4-Digit Zip Code: 3070
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,353

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Aug 24, 2022
  • Confidence Score: 79
  • Final Value: 394,445
  • High Value: 458,178
  • Low Value: 330,713

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $337,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $260,100
  • Market Land Value: $67,700
  • Market Improvement Value: $192,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $260,100
  • Assessed Land Value: $67,700
  • Assessed Improvements Value: $192,400

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11875186011
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210008792
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CAROLINA BANK
  • Previous Mortgage Transaction Date: Nov 15, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $247,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Timberlake



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Frequently Asked Questions

What neighborhood is 246 Federal Hill Drive located in?
The 246 Federal Hill Drive is a located in the neighborhood of Campbell in Timberlake, Forest.
What is the average sales price for listings in 246 Federal Hill Drive?
The average sales price for units in 246 Federal Hill Drive is $0 currently.

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