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324 Lafayette Drive

324 Lafayette Drive, Culpeper, VA 22701
Property in Culpeper
Sold Nov 25, 2008
$110,000
$88,000 by Stellarone Bank
Mortgage Due Nov 25, 2038
Sold Oct 19, 2005
$195,000
$156,000 by Winstar Mortgage Partners
Mortgage
Local assessors in Culpeper, VA have categorized 324 Lafayette Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 is one full bathroom. There are also 2 partial bathrooms. 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 324 Lafayette Drive has a total of 1,160 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 560 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal 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. 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 composition shingle. 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 324 Lafayette Drive sold most recently in Nov 12, 2008 for a total of $110,000. If you work out the math, that's approximately a cost of $94.83 per sqft. Before that, the property was also sold for $195,000 in Oct 17, 2005. 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 $1,182 in taxes each year. 324 Lafayette Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $210,700. If we break it down further, the land itself was valued at $55,200. Improvements to the property, however, were assessed at a total of $155,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1985
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 560
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 191
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAFAYETTE RIDGE PHASE II LOT 35R 3420 SQ FT

Ownership

  • Current Owner : WHITLOCK JERRY G
  • Previous Owner : DEUTSCHE BANK NAT'L TRUST
  • Owner Before Previous Owner: ROTHLISBERGER ORLANDO A

Neighborhood

  • School District Name: Culpeper County Public Schools
  • Census Tract: 930502

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 40N 2 35
  • Account Number: 14816
  • Subdivision Phase Number: 2
  • Parcel: 40-N - 2- - 35
  • Lot: 35R
  • Municipality: EAST FAIRFAX
  • Latitude: 38.4593
  • Longitude: -78.0086

    Address

  • Full Address: 324 Lafayette Dr
  • Address - House Number: 324
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Culpeper
  • Carrier Code: C001
  • 4-Digit Zip Code: 3963
  • Zip Code: 22701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 257,405
  • High Value: 303,765
  • Low Value: 211,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: STELLARONE BANK
  • First Open Lien Mortgage Recording Date: Nov 25, 2008
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $88,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 25, 2038

    Market Valuation

  • Market Total Value: $210,700
  • Market Land Value: $55,200
  • Market Improvement Value: $155,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,700
  • Assessed Land Value: $55,200
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: Nov 12, 2008
  • Current Sale Recording Date: Nov 25, 2008
  • Current Sale Transaction ID: 11454637072
  • Current Sale Price: $110,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 19, 2005
  • Previous Sale Contract Date: Oct 17, 2005
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STELLARONE BANK
  • First Mortgage Transaction Date: Nov 25, 2008
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WINSTAR MORTGAGE PARTNERS
  • Previous Mortgage Transaction Date: Oct 19, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Culpeper



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Frequently Asked Questions

What neighborhood is 324 Lafayette Drive located in?
The 324 Lafayette Drive is a located in the neighborhood of Culpeper in Culpeper, Culpeper.
What is the average sales price for listings in 324 Lafayette Drive?
The average sales price for units in 324 Lafayette Drive is $0 currently.

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