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2507 Follensbee Drive

2507 Follensbee Drive, Midlothian, VA 23113
Sold May 26, 2020
$550,000
$412,500 by Virginia Credit Union Inc
Mortgage
Sold Mar 01, 2017
$523,000
$417,000 by Movement Mortgage Llc
Mortgage
Local assessors in Midlothian, VA have categorized 2507 Follensbee Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 45,999 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 4 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 2507 Follensbee Drive has a total of 4,119 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. 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame 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 - B+. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on 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. The property was last sold in May 18, 2020 for $550,000. That's $133.53 per sqft. Prior to that sales transaction, the property was also sold in Feb 22, 2017 for $523,000. 2507 Follensbee Drive was last assessed in 2023. The total value of the property was assessed at $781,400. Specifically, the land the property is located on was valued at $144,000. While improvements on the property were assessed at a total of $637,400. 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 $7,136. 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! 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 4
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 45,999
  • Lot Size Frontage Feet: 10,550
  • Total Building Area: 4,119
  • Building Area: 4,119
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 4,119
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT
  • Land Acres: 1.056
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEMONT SEC F 028

Ownership

  • Current Owner : WIGGINS BROCK
  • Previous Owner : RUSSELL DOUGLAS M
  • Previous Owner 2: RUSSELL ANNE M
  • Owner Before Previous Owner: NICHOLS RONALD W
  • Owner Before Previous Owner 2: NICHOLS SHARON R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100924

Zoning

  • Zoning: R25 - SING

Geography

  • Assessors Map Reference: MB 98 PG 80
  • Account Number: 414041001
  • District: 05
  • Section: F
  • Parcel: 718-71-76-10-100-000
  • Lot: 28
  • Municipality: MIDLOTHIAN
  • Latitude: 37.5285
  • Longitude: -77.6872

    Address

  • Full Address: 2507 Follensbee Dr
  • Address - House Number: 2507
  • Address - Street Name: Follensbee
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R023
  • 4-Digit Zip Code: 6722
  • Zip Code: 23113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,136

    Appraisal Valuation

  • Standard Deviation: 0.1445
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 729,877
  • High Value: 835,379
  • Low Value: 624,374

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $612,500
  • First Open Lien Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $412,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: VIRGINIA CREDIT UNION INC
  • Second Open Lien Mortgage Recording Date: May 31, 2022
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $781,400
  • Market Land Value: $144,000
  • Market Improvement Value: $637,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $781,400
  • Assessed Land Value: $144,000
  • Assessed Improvements Value: $637,400

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11763342626
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020023420
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Feb 22, 2017
  • Previous Sale Amount: $523,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $412,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 01, 2017
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

About Chesterfield



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Frequently Asked Questions

What neighborhood is 2507 Follensbee Drive located in?
The 2507 Follensbee Drive is a house located in the neighborhood of Chesterfield in Chesterfield, Midlothian.
What is the average sales price for listings in 2507 Follensbee Drive?
The average sales price for units in 2507 Follensbee Drive is $0 currently.

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