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303 Walnut Lane

303 Walnut Lane, Waverly, VA 23890
House in Sussex
Sold Jul 24, 2020
$58,000
$582,400 by New Horizon Bank Na
Mortgage Due Sep 08, 2051
Sold Apr 13, 2016
$22,507
Local assessors in Waverly, VA have categorized 303 Walnut Lane as a residential type of property. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 9,369 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 303 Walnut Lane has a total of 1,040 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. The property was last sold in Jul 13, 2020 for $58,000. That's $55.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2016 for $22,507. 303 Walnut Lane was last assessed in 2023. The total value of the property was assessed at $57,800. Specifically, the land the property is located on was valued at $5,400. While improvements on the property were assessed at a total of $52,400. 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 $277. 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. 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.

Building Features

Parking

Off Street Parking

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,369
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KALLAY SD
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELM ST LOT

Ownership

  • Current Owner : 528 N PARK LLC
  • Previous Owner : SAME CLOTH VENTURES LLC
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION AS TRUSTEE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sussex County Public Schools
  • Census Tract: 870300

Geography

  • Account Number: 16599
  • Parcel: 28A7-12-2
  • Municipality: 9
  • Latitude: 37.038
  • Longitude: -77.0988

    Address

  • Full Address: 303 Walnut Ln
  • Address - House Number: 303
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Waverly
  • Carrier Code: R002
  • 4-Digit Zip Code: 5054
  • Zip Code: 23890

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277

    Appraisal Valuation

  • Standard Deviation: 0.2657
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 100,645
  • High Value: 127,390
  • Low Value: 73,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $582,400
  • First Open Lien Mortgage Lender: NEW HORIZON BANK NA
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $582,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 08, 2051

    Market Valuation

  • Market Total Value: $57,800
  • Market Land Value: $5,400
  • Market Improvement Value: $52,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,800
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $52,400

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11807361209
  • Current Sale Price: $58,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200000666
  • Previous Sale Recording Date: Apr 13, 2016
  • Previous Sale Contract Date: Mar 25, 2016
  • Previous Sale Amount: $22,507
  • Previous Sale Document Type: Quit Claim Deed

About Waverly



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Frequently Asked Questions

What neighborhood is 303 Walnut Lane located in?
The 303 Walnut Lane is a house located in the neighborhood of Sussex in Waverly, Waverly.
What is the average sales price for listings in 303 Walnut Lane?
The average sales price for units in 303 Walnut Lane is $0 currently.

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