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327 Great Oak Road

327 Great Oak Road, Reva, VA 22735
Property in Madison
327 Great Oak Road has been categorized by the local assessors in Reva, VA as a agricultural type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 327 Great Oak Road has 2,057 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,566,032 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 327 Great Oak Road sold most recently in Oct 14, 2014 for a total of $535,000. If you work out the math, that's approximately a cost of $260.09 per sqft. 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 $2,472 in taxes each year. 327 Great Oak Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $553,500. If we break it down further, the land itself was valued at $362,100. Improvements to the property, however, were assessed at a total of $191,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,566,032
  • Total Building Area: 2,057
  • Gross Building Area: 2,057
  • Building Area: 2,057
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,057
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Agricultural
  • Land Acres: 58.908
  • Standard Land Use Code: Agricultural/rural
  • Legal Description 1: IN 140001292 58.908 AC 32-47 RT 704

Ownership

  • Current Owner : BURT KENNETH S
  • Current Owner 2: BURT LAURA D
  • Previous Owner : THE LYNNE S HIGBIE TRUST U/A DATED DECEM

Neighborhood

  • School District Name: Madison County Public Schools
  • Census Tract: 930101

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP MAP 32-47
  • Account Number: 3303
  • Parcel: 32 47
  • Municipality: MADISON COUNTY
  • Latitude: 38.4364
  • Longitude: -78.1898

    Address

  • Full Address: 327 Great Oak Rd
  • Address - House Number: 327
  • Address - Street Name: Great Oak
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Reva
  • Carrier Code: R061
  • 4-Digit Zip Code: 3601
  • Zip Code: 22735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Open Lien Mortgage Recording Date: Oct 17, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $553,500
  • Market Land Value: $362,100
  • Market Improvement Value: $191,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,500
  • Assessed Land Value: $362,100
  • Assessed Improvements Value: $191,400

    Sales

  • Current Sale Contract Date: Oct 14, 2014
  • Current Sale Recording Date: Oct 17, 2014
  • Current Sale Transaction ID: 1470377147
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 140001292

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Mortgage Transaction Date: Oct 17, 2014
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Madison



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Frequently Asked Questions

What neighborhood is 327 Great Oak Road located in?
The 327 Great Oak Road is a located in the neighborhood of Madison in Madison, Reva.
What is the average sales price for listings in 327 Great Oak Road?
The average sales price for units in 327 Great Oak Road is $0 currently.

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