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2820 Waters Edge Drive

2820 Waters Edge Drive, Penhook, VA 24137
House in Franklin
Sold Sep 01, 2020
$850,000
$475,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2035
2820 Waters Edge Drive has been categorized by the local assessors in Penhook, VA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 4 rooms. 4 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, 2820 Waters Edge Drive has 2,478 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 finished improved basement that is 2,408 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 20,334 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 garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2820 Waters Edge Drive was last sold in Aug 22, 2020 for $850,000. According to our calculations, that's $343.02 per sqft. Current property owners are expected to pay $5,531 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2820 Waters Edge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $906,800. To break that down further, the land itself was valued at $329,000. While improvements to the property were assessed at a total of $577,800. 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. 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.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

Stone Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 2,408
  • Parking Type: Garage
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 20,334
  • Total Building Area: 2,478
  • Building Area: 2,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,478
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATERS EDG
  • Land Acres: 0.467
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: THE WATERS EDGE LOT 38 SEC 1

Ownership

  • Current Owner : WAJCIECHOWSKI JAMES GARY
  • Current Owner 2: WAJCIECHOWSKI JENNY MIDDOUR
  • Previous Owner : LAND NANCY K
  • Previous Owner 2: LAND LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020102

Zoning

  • Zoning: RPD

Geography

  • Section: 1
  • Parcel: 051 06-038 00
  • Lot: 38
  • Municipality: UNION HALL
  • Latitude: 37.027
  • Longitude: -79.625

    Address

  • Full Address: 2820 Waters Edge Dr
  • Address - House Number: 2820
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Penhook
  • Carrier Code: R003
  • 4-Digit Zip Code: 5018
  • Zip Code: 24137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,531
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 1,310,531
  • High Value: 1,578,438
  • Low Value: 1,042,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $906,800
  • Market Land Value: $329,000
  • Market Improvement Value: $577,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $906,800
  • Assessed Land Value: $329,000
  • Assessed Improvements Value: $577,800

    Sales

  • Current Sale Contract Date: Aug 22, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11786132759
  • Current Sale Price: $850,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200006503

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

About Penhook



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Frequently Asked Questions

What neighborhood is 2820 Waters Edge Drive located in?
The 2820 Waters Edge Drive is a house located in the neighborhood of Franklin in Penhook, Penhook.
What is the average sales price for listings in 2820 Waters Edge Drive?
The average sales price for units in 2820 Waters Edge Drive is $0 currently.

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