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318 Spring Drive

318 Spring Drive, Huddleston, VA 24104
Property in Bedford
Sold Aug 29, 2012
$479,000
$300,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2042
Sold Jan 05, 2009
$525,000
$417,000 by First National Bank Of The Sou
Mortgage Due Jan 01, 2039
Local assessors in Huddleston, VA have categorized 318 Spring Drive as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 30,928 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 318 Spring Drive has a total of 1,384 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's baseboard heaters is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 318 Spring Drive sold most recently in Aug 15, 2012 for a total of $479,000. If you work out the math, that's approximately a cost of $346.10 per sqft. Before that, the property was also sold for $525,000 in Dec 8, 2008. 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 $4,373 in taxes each year. 318 Spring Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $533,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Mobile home
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEC 1
  • Land Acres: 0.71
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 17 SEC 1

Ownership

  • Current Owner : GEHRIN THOMAS
  • Current Owner 2: GEHRIN LISA
  • Previous Owner : KHAN ATIF
  • Previous Owner 2: LI JANET
  • Owner Before Previous Owner: CITO JOSEPH M
  • Owner Before Previous Owner 2: CITO DEBRA L

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030501

Geography

  • Section: 1
  • Parcel: 250B 1 17
  • Lot: 17
  • Municipality: LAKES
  • Latitude: 37.0792
  • Longitude: -79.5691

    Address

  • Full Address: 318 Spring Dr
  • Address - House Number: 318
  • Address - Street Name: Spring
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Huddleston
  • Zip Code: 24104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,373

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 1,164,103
  • High Value: 1,374,256
  • Low Value: 953,949

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 29, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Market Valuation

  • Market Total Value: $1,066,700
  • Market Land Value: $480,000
  • Market Improvement Value: $586,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $533,350

    Sales

  • Current Sale Contract Date: Aug 15, 2012
  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Transaction ID: 1060556126
  • Current Sale Price: $479,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120009289
  • Previous Sale Recording Date: Jan 05, 2009
  • Previous Sale Contract Date: Dec 08, 2008
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 29, 2012
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF THE SOU
  • Previous Mortgage Transaction Date: Jan 05, 2009
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2039

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Frequently Asked Questions

What neighborhood is 318 Spring Drive located in?
The 318 Spring Drive is a located in the neighborhood of Bedford in Bedford, Huddleston.
What is the average sales price for listings in 318 Spring Drive?
The average sales price for units in 318 Spring Drive is $0 currently.

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