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261 River Oaks Lane

261 River Oaks Lane, Smithfield, VA 23430
Sold Mar 29, 2012
$750,000
Sold Feb 10, 1976
Transfer
261 River Oaks Lane has been categorized by the local assessors in Smithfield, VA as a residential type of property. The building on the property was first built in 1976 and is 48 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 261 River Oaks Lane has 4,942 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 90,605 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 attached garage for those who require parking. The garage measured 560 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. 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of asphalt. 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 oil and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 261 River Oaks Lane was last sold in Mar 29, 2012 for $750,000. According to our calculations, that's $151.76 per sqft. Current property owners are expected to pay $8,963 in taxes per year. The property on 261 River Oaks Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,254,800. To break that down further, the land itself was valued at $364,800. While improvements to the property were assessed at a total of $890,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 4,942
  • Building Area: 4,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Oil
  • Heated Square Feet: 4,942
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 2.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 2 J C NELSON PROP PLAT 2012-74-1

Ownership

  • Previous Owner : CLONTZ PEARL L

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280101

Zoning

  • Zoning: TOWN

Geography

  • District: 55
  • Parcel: 22-02-002
  • Lot: 2
  • Municipality: TOWN OF SMITHFIELD
  • Latitude: 36.9964
  • Longitude: -76.6232

    Address

  • Full Address: 261 River Oaks Ln
  • Address - House Number: 261
  • Address - Street Name: River Oaks
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Smithfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 1226
  • Zip Code: 23430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,963
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,045,748
  • High Value: 1,224,390
  • Low Value: 867,106

    Market Valuation

  • Market Total Value: $1,254,800
  • Market Land Value: $364,800
  • Market Improvement Value: $890,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,254,800
  • Assessed Land Value: $364,800
  • Assessed Improvements Value: $890,000

    Sales

  • Current Sale Contract Date: Mar 29, 2012
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Transaction ID: 1813643456
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120001431
  • Previous Sale Recording Date: Feb 10, 1976
  • Previous Sale Contract Date: Feb 10, 1976
  • Previous Sale Document Type: Deed

About Smithfield



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Nearby Rentals

Unit for rent at 219 East Street, SMITHFIELD, VA, 23430

$1,785 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,300 ft²
219 East Street, SMITHFIELD, VA, 23430 Listing by Angel Tyler

Frequently Asked Questions

What neighborhood is 261 River Oaks Lane located in?
The 261 River Oaks Lane is a house located in the neighborhood of Isle of Wight in Smithfield, Smithfield.
What is the average sales price for listings in 261 River Oaks Lane?
The average sales price for units in 261 River Oaks Lane is $0 currently.

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