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3 River Lane

3 River Lane, Sperryville, VA 22740
Commercial in Rappahannock
1 Units For Sale
Unit for sale at 3 RIVER LN, SPERRYVILLE, VA 22740

$860,000 In Contract

  • Commercial
3 RIVER LN, SPERRYVILLE, VA 22740 Listing by Polly Lyons

Local assessors in Sperryville, VA have categorized 3 River Lane as a commercial type of property. The property's lot size has been calculated to be 79,541 square feet. There is also a partial bathroom. 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 3 River Lane has a total of 19,824 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 well system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a gable style roof that was made of metal. Lots of alum/vinyl siding 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 heat pump is the primary heating source and it is being fueled with electricity. The property was last sold in Sep 2, 2009 for $475,000. That's $23.31 per sqft. Prior to that sales transaction, the property was also sold in Dec 18, 2008 for $699,000. 3 River Lane was last assessed in 2023. The total value of the property was assessed at $1,097,700. Specifically, the land the property is located on was valued at $136,900. While improvements on the property were assessed at a total of $960,800. 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 $6,696. 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!

Building Features

Accessibility

ADA Access
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190114
01/14/2019
Loft
16 Bath
-
$1,000,000
bedrooms
Loft
bathrooms
16 Bath
-
-
-
JODY LYONS
LYONS TEAM, REALTORS(r)

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Type: Unspecified basement
  • Basement Area: 10,080
  • Garage Type: Garage
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 79,541
  • Lot Size Frontage Feet: 0
  • Total Building Area: 20,376
  • Gross Building Area: 20,376
  • Building Area: 20,376
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 19,824
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Commercial
  • Subdivision: ARTHUR J AND MARGARET L SMITH
  • Land Acres: 1.826
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 1.8259 ACS 2009 #1237, 2011 #30 & 448 2011 #976, 977 & 1078 2023 #696

Ownership

  • Current Owner : 3 RIVER LANE LLC
  • Previous Owner : MILLENNIUM BANK NA
  • Owner Before Previous Owner: REDMAN HOLDINGS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rappahannock County Public Schools
  • Census Tract: 950200

Geography

  • Account Number: 6504
  • Parcel: 38 85B
  • Municipality: PIEDMONT
  • Latitude: 38.6587
  • Longitude: -78.2176

    Address

  • Full Address: 3 River Ln
  • Address - House Number: 3
  • Address - Street Name: River
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Sperryville
  • Carrier Code: R091
  • 4-Digit Zip Code: 2147
  • Zip Code: 22740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,696

    Market Valuation

  • Market Total Value: $1,097,700
  • Market Land Value: $136,900
  • Market Improvement Value: $960,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,097,700
  • Assessed Land Value: $136,900
  • Assessed Improvements Value: $960,800

    Sales

  • Current Sale Contract Date: Sep 02, 2009
  • Current Sale Recording Date: Sep 15, 2009
  • Current Sale Transaction ID: 1168932938
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 090001237
  • Previous Sale Recording Date: Dec 30, 2008
  • Previous Sale Contract Date: Dec 18, 2008
  • Previous Sale Amount: $699,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Sperryville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3 River Lane located in?
The 3 River Lane is a commercial located in the neighborhood of Rappahannock in Sperryville, Sperryville.
How many listings are currently for sale in 3 River Lane?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3 River Lane?
The average sales price for units in 3 River Lane is $860,000 currently.

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