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2962 Gaffney Road

2962 Gaffney Road, Richmond, VA 23237
Property in Chesterfield
Sold May 16, 2016
$115,000
$111,187 by Village Bank Mortgage Corp
Mortgage
Sold Mar 01, 2005
$119,000
$95,200 by Countrywide Home Loan
Mortgage
2962 Gaffney Road in Richmond, VA was first built in 1964 and is 60 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2962 Gaffney Road has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,237 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. The property was last sold in May 12, 2016 for $115,000. That's $110.58 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2005 for $119,000. 2962 Gaffney Road was last assessed in 2023. The total value of the property was assessed at $167,000. Specifically, the land the property is located on was valued at $46,000. While improvements on the property were assessed at a total of $121,000. 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 $1,545. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: A
  • 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: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,237
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: QUAIL OAKS
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: QUAIL OAKS L 22 BK W SEC C

Ownership

  • Current Owner : LAWHORNE TAMMY KAY
  • Previous Owner : BARKER KEITH
  • Owner Before Previous Owner: HELTON KEVIN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100407

Zoning

  • Zoning: R7 - SINGL

Geography

  • Account Number: 380060001
  • District: 01
  • Section: C
  • Parcel: 791-66-78-41-400-000
  • Block: W
  • Lot: 22
  • Municipality: BERMUDA
  • Latitude: 37.3896
  • Longitude: -77.4367

    Address

  • Full Address: 2962 Gaffney Rd
  • Address - House Number: 2962
  • Address - Street Name: Gaffney
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: North Chesterfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 3553
  • Zip Code: 23237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,545

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 78
  • Final Value: 217,253
  • High Value: 254,050
  • Low Value: 180,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,187
  • First Open Lien Mortgage Lender: VILLAGE BANK MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 16, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $111,187
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $167,000
  • Market Land Value: $46,000
  • Market Improvement Value: $121,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,000
  • Assessed Land Value: $46,000
  • Assessed Improvements Value: $121,000

    Sales

  • Current Sale Contract Date: May 12, 2016
  • Current Sale Recording Date: May 16, 2016
  • Current Sale Transaction ID: 1555738478
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016017129
  • Previous Sale Recording Date: Mar 01, 2005
  • Previous Sale Contract Date: Feb 25, 2005
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLAGE BANK MORTGAGE CORP
  • First Mortgage Transaction Date: May 16, 2016
  • First Mortgage Loan Amount: $111,187
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOAN
  • Previous Mortgage Transaction Date: Mar 01, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $95,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Bellwood



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Frequently Asked Questions

What neighborhood is 2962 Gaffney Road located in?
The 2962 Gaffney Road is a located in the neighborhood of Chesterfield in Bellwood, Richmond.
What is the average sales price for listings in 2962 Gaffney Road?
The average sales price for units in 2962 Gaffney Road is $0 currently.

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