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25 Farmington Drive

25 Farmington Drive, Charlottesville, VA 22901
Property in Farmington
Sold Aug 15, 2014
Transfer
$3,000,000 by Northern Trust Company
Mortgage Due Aug 01, 2052
Local assessors in Charlottesville, VA have categorized 25 Farmington Drive as a residential type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 142,006 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 4 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 are 4 full bathrooms. There are also 5 partial bathrooms. 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 25 Farmington Drive has a total of 6,431 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 water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 864 sqft. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of slate. Lots of stucco were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 25 Farmington Drive was last assessed in 2023. The total value of the property was assessed at $5,363,600. Specifically, the land the property is located on was valued at $894,500. While improvements on the property were assessed at a total of $4,469,100. 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 $45,805. 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: 1947
  • Effective Year Built: 2016
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 830
  • Parking Type: Garage
  • Garage Type: Detached
  • Garage Square Area: 864
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 142,006
  • Lot Size Frontage Feet: 0
  • Total Building Area: 6,431
  • Building Area: 6,431
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 6,431
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON
  • Land Acres: 3.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARMINGTON E 1

Ownership

  • Current Owner : THOMAS CLAY E
  • Current Owner 2: THOMASON EMMA K
  • Previous Owner : IZARD W BOLLING
  • Previous Owner 2: IZARD ANNE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: MURRAY
  • School Tax District Code 2: HENLEY
  • School Tax District Code 3: WEST ALBEMARLE
  • Census Tract: 011000

Zoning

  • Zoning: RURAL AREA

Geography

  • Parcel: 060E2-00-0E-00100
  • Municipality: JACK JOUETT
  • Latitude: 38.0531
  • Longitude: -78.5412

    Address

  • Full Address: 25 Farmington Dr
  • Address - House Number: 25
  • Address - Street Name: Farmington
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: C006
  • 4-Digit Zip Code: 1927
  • Zip Code: 22901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,805

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 3,923,798
  • High Value: 4,681,242
  • Low Value: 3,166,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: NORTHERN TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $5,363,600
  • Market Land Value: $894,500
  • Market Improvement Value: $4,469,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,363,600
  • Assessed Land Value: $894,500
  • Assessed Improvements Value: $4,469,100

    Sales

  • Current Sale Contract Date: Aug 06, 2014
  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Transaction ID: 1558393414
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014-00007942

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Aug 15, 2014
  • First Mortgage Loan Amount: $2,070,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Farmington



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Frequently Asked Questions

What neighborhood is 25 Farmington Drive located in?
The 25 Farmington Drive is a located in the neighborhood of Farmington in Farmington, Charlottesville.
What is the average sales price for listings in 25 Farmington Drive?
The average sales price for units in 25 Farmington Drive is $0 currently.

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