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248 Main Street

248 Main Street, Bland, VA 24315
Property in Bland
Sold Mar 21, 2011
$55,000
$50,000 by Branch Banking & Trust Company
Mortgage
Local assessors in Bland, VA have categorized 248 Main Street as a residential type of property. The home was built in 1845 and is 179 years old. The property's lot size has been calculated to be 13,459 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 248 Main Street has a total of 2,743 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The building has a gable style roof that was made of metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 248 Main Street sold most recently in Jan 1, 1970 for a total of $55,000. If you work out the math, that's approximately a cost of $20.05 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 $542 in taxes each year. 248 Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,300. If we break it down further, the land itself was valued at $15,500. Improvements to the property, however, were assessed at a total of $74,800. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1845
  • Effective Year Built: 1845
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,459
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,743
  • Gross Building Area: 2,743
  • Building Area: 2,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,743
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: BLAND (TOWN MAP) LOT 73 & PARCEL 248 MAIN ST 10-17E9AIB1215

Ownership

  • Current Owner : LOONEY GARY A
  • Previous Owner : CATES VANESSA ANN

Neighborhood

  • School District Name: Bland County Public Schools
  • Census Tract: 040100

Zoning

  • Zoning: A1

Geography

  • Account Number: 4094
  • Parcel: 77A3 A 24(10) 73
  • Lot: 73
  • Municipality: SEDDON
  • Latitude: 37.1047
  • Longitude: -81.1187

    Address

  • Full Address: 248 Main St
  • Address - House Number: 248
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VA
  • City Name: Bland
  • Carrier Code: R002
  • 4-Digit Zip Code: 4799
  • Zip Code: 24315

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $542

    Appraisal Valuation

  • Standard Deviation: 0.1074
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 144,843
  • High Value: 160,405
  • Low Value: 129,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 06, 2011
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $90,300
  • Market Land Value: $15,500
  • Market Improvement Value: $74,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,300
  • Assessed Land Value: $15,500
  • Assessed Improvements Value: $74,800

    Sales

  • Current Sale Recording Date: Mar 21, 2011
  • Current Sale Transaction ID: 11443338582
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed

About Bland



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Frequently Asked Questions

What neighborhood is 248 Main Street located in?
The 248 Main Street is a located in the neighborhood of Bland in Bland, Bland.
What is the average sales price for listings in 248 Main Street?
The average sales price for units in 248 Main Street is $0 currently.

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