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314 Look Avenue

314 Look Avenue, Marion, VA 24354
Property in Smyth
Sold Jun 03, 2015
$28,799
$14,400 by Highlands Union Bank
Mortgage
Sold Oct 15, 2014
$61,152
314 Look Avenue in Marion, VA was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 314 Look Avenue has 1,119 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 7,582 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit. 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, 314 Look Avenue sold most recently in Jan 1, 1970 for a total of $28,799. If you work out the math, that's approximately a cost of $25.74 per sqft. Before that, the property was also sold for $61,152 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $438 in taxes each year. 314 Look Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $59,200. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $44,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,582
  • Total Building Area: 1,119
  • Building Area: 1,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOOK AVE LOT 9 189 9819 9

Ownership

  • Current Owner : HENDERLITE MICHAEL
  • Previous Owner : BENEFICIAL FINANCIAL I INC
  • Owner Before Previous Owner: LAWSON LYNN

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030301

Geography

  • Assessors Map Reference: MB220 PG91
  • Account Number: 24210
  • District: 0M
  • Parcel: 189-9819-9
  • Lot: 9
  • Municipality: TOWN OF MARION
  • Latitude: 36.837
  • Longitude: -81.528

    Address

  • Full Address: 314 Look Ave
  • Address - House Number: 314
  • Address - Street Name: Look
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Marion
  • Carrier Code: C001
  • 4-Digit Zip Code: 1614
  • Zip Code: 24354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 121,780
  • High Value: 175,665
  • Low Value: 67,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,400
  • First Open Lien Mortgage Lender: HIGHLANDS UNION BANK
  • First Open Lien Mortgage Recording Date: Jun 03, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $14,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Land Contract (Argmt. Of Sale)

    Market Valuation

  • Market Total Value: $59,200
  • Market Land Value: $15,000
  • Market Improvement Value: $44,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,200
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $44,200

    Sales

  • Current Sale Recording Date: Jun 03, 2015
  • Current Sale Transaction ID: 1211998743
  • Current Sale Price: $28,799
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 15, 2014
  • Previous Sale Amount: $61,152
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS UNION BANK
  • First Mortgage Transaction Date: Jun 03, 2015
  • First Mortgage Loan Amount: $14,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Land Contract (Argmt. Of Sale)

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Marion



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Frequently Asked Questions

What neighborhood is 314 Look Avenue located in?
The 314 Look Avenue is a located in the neighborhood of Smyth in Marion, Marion.
What is the average sales price for listings in 314 Look Avenue?
The average sales price for units in 314 Look Avenue is $0 currently.

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