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325 Brooks Lane

325 Brooks Lane, Glade Hill, VA 24092
Property in Franklin
Sold Dec 04, 2017
$81,999
$80,513 by Embrace Home Loans Inc
Mortgage Due Dec 01, 2047
Sold Sep 14, 2017
$51,840
325 Brooks Lane in Glade Hill, VA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 325 Brooks Lane has 1,568 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 176,549 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 well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a covered garage. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 325 Brooks Lane sold most recently in Nov 29, 2017 for a total of $81,999. If you work out the math, that's approximately a cost of $52.30 per sqft. Before that, the property was also sold for $51,840 in Jun 30, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $664 in taxes each year. 325 Brooks Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,800. If we break it down further, the land itself was valued at $29,200. Improvements to the property, however, were assessed at a total of $79,600. 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: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Mobile home
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Covered
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 176,549
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,568
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BROOKS MILL ACRES
  • Land Acres: 4.053
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • County Land Use Code: Easement (misc.)
  • Mobile Home Indicator: T
  • Legal Description 1: BROOKS MILL ACRES LOT 5

Ownership

  • Current Owner : FIELDING MARK
  • Current Owner 2: FIELDING JOHN
  • Previous Owner : THE SECRETARY OF HOUSING AND URBAN DEVEL
  • Owner Before Previous Owner: BRANCH BANKIN AND TRUST CO

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020102

Zoning

  • Zoning: A1

Geography

  • Parcel: 046 00-041 05
  • Lot: 5
  • Municipality: UNION HALL
  • Latitude: 37.0556
  • Longitude: -79.7585

    Address

  • Full Address: 325 Brooks Ln
  • Address - House Number: 325
  • Address - Street Name: Brooks
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Glade Hill
  • Carrier Code: R001
  • 4-Digit Zip Code: 4039
  • Zip Code: 24092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $664

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 182,628
  • High Value: 231,805
  • Low Value: 133,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,513
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 04, 2017
  • First Open Lien Mortgage Loan Amount: $80,513
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $108,800
  • Market Land Value: $29,200
  • Market Improvement Value: $79,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,800
  • Assessed Land Value: $29,200
  • Assessed Improvements Value: $79,600

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Transaction ID: 11333409228
  • Current Sale Price: $81,999
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 170007758
  • Previous Sale Recording Date: Sep 14, 2017
  • Previous Sale Contract Date: Jun 30, 2017
  • Previous Sale Amount: $51,840
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Dec 04, 2017
  • First Mortgage Loan Amount: $80,513
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

About Franklin



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Frequently Asked Questions

What neighborhood is 325 Brooks Lane located in?
The 325 Brooks Lane is a located in the neighborhood of Franklin in Franklin, Glade Hill.
What is the average sales price for listings in 325 Brooks Lane?
The average sales price for units in 325 Brooks Lane is $0 currently.

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