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296 Parker Place

296 Parker Place, Orange, VA 22960
Property in Orange
Sold Feb 26, 2016
$245,000
$250,267 by Townebank Mortgage
Mortgage Due Mar 01, 2046
Sold Feb 17, 2009
$215,000
$219,300 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2039
296 Parker Place has been categorized by the local assessors in Orange, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 296 Parker Place has 3,450 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 866 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 10,977 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 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of unknown. 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 heat pump and being fueled with electricity. 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. 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, 296 Parker Place sold most recently in Feb 9, 2016 for a total of $245,000. If you work out the math, that's approximately a cost of $71.01 per sqft. Before that, the property was also sold for $215,000 in Feb 9, 2009. 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 $2,379 in taxes each year. 296 Parker Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $313,200. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $273,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 866
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,977
  • Total Building Area: 3,450
  • Gross Building Area: 2,743
  • Building Area: 3,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,450
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: 29C(1)24 ORANGE ESTATES

Ownership

  • Current Owner : OLSEN WILLIAM R
  • Current Owner 2: OLSEN HANNAH R
  • Previous Owner : ELLIS BERNARD
  • Previous Owner 2: ELLIS KRISTI W
  • Owner Before Previous Owner: BUTLER JONATHAN W
  • Owner Before Previous Owner 2: BUTLER JESSICA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Public Schools
  • Census Tract: 110200

Zoning

  • Zoning: RG RESIDEN

Geography

  • Assessors Map Reference: MAP 29
  • Account Number: 19719
  • District: 07
  • Parcel: 029-C0-01-00-0024
  • Lot: 24
  • Municipality: TOWN OF ORANGE
  • Latitude: 38.2558
  • Longitude: -78.1188

    Address

  • Full Address: 296 Parker Pl
  • Address - House Number: 296
  • Address - Street Name: Parker
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Orange
  • Carrier Code: C001
  • 4-Digit Zip Code: 1453
  • Zip Code: 22960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,379

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 73
  • Final Value: 424,719
  • High Value: 509,469
  • Low Value: 339,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,267
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 26, 2016
  • First Open Lien Mortgage Loan Amount: $250,267
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2046

    Market Valuation

  • Market Total Value: $313,200
  • Market Land Value: $40,000
  • Market Improvement Value: $273,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,200
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Contract Date: Feb 09, 2016
  • Current Sale Recording Date: Feb 26, 2016
  • Current Sale Transaction ID: 1526422721
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160001283
  • Previous Sale Recording Date: Feb 17, 2009
  • Previous Sale Contract Date: Feb 09, 2009
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Feb 26, 2016
  • First Mortgage Loan Amount: $250,267
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Feb 17, 2009
  • Previous Mortgage Loan Amount: $219,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2039

About Orange



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 296 Parker Place located in?
The 296 Parker Place is a located in the neighborhood of Orange in Orange, Orange.
What is the average sales price for listings in 296 Parker Place?
The average sales price for units in 296 Parker Place is $0 currently.

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