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3303 Walnut Hill Farm

3303 Walnut Hill Farm, Charlottesville, VA 22911
Property in Albemarle
Sold Sep 22, 2017
$230,000
$184,000 by Blue Ridge Bank
Mortgage Due Sep 22, 2042
3303 Walnut Hill Farm has been categorized by the local assessors in Charlottesville, VA as a residential type of property. The building on the property was first built in 1754 and is 270 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 3303 Walnut Hill Farm has 1,580 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 631,184 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. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gas heating system and being fueled with gas. Finally, the property is currently sourcing its water from none system. 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, 3303 Walnut Hill Farm sold most recently in Jul 31, 2017 for a total of $230,000. If you work out the math, that's approximately a cost of $145.57 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 $2,772 in taxes each year. 3303 Walnut Hill Farm was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $324,600. If we break it down further, the land itself was valued at $98,600. Improvements to the property, however, were assessed at a total of $226,000. 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: 1754
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C-
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 631,184
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 14.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACREAGE WALNUT HILL FARM

Ownership

  • Current Owner : RILEY JOSHUA LUPTON
  • Current Owner 2: KANTER ELIZABETH LAKSHMI
  • Previous Owner : ALBERT MARTIN P
  • Previous Owner 2: WRIGHT PEGGY A
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: STONY POINT
  • School Tax District Code 2: LAKESIDE
  • School Tax District Code 3: ALBEMARLE
  • Census Tract: 010401

Zoning

  • Zoning: RURAL AREA

Geography

  • Parcel: 04700-00-00-04300
  • Municipality: RIVANNA
  • Latitude: 38.1245
  • Longitude: -78.3844

    Address

  • Full Address: 3303 Walnut Hill Farm
  • Address - House Number: 3303
  • Address - Street Name: Walnut Hill Farm
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: R004
  • 4-Digit Zip Code: 5751
  • Zip Code: 22911

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,772

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 353,218
  • High Value: 417,384
  • Low Value: 289,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: BLUE RIDGE BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $184,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 22, 2042

    Market Valuation

  • Market Total Value: $324,600
  • Market Land Value: $98,600
  • Market Improvement Value: $226,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,600
  • Assessed Land Value: $98,600
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 11331858663
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-00011047

    Last Sale Mortgage

  • First Mortgage Lender: BLUE RIDGE BANK
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Sep 22, 2042

    Financing

  • First Mortgage Financing Type: Variable

About Albemarle



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Frequently Asked Questions

What neighborhood is 3303 Walnut Hill Farm located in?
The 3303 Walnut Hill Farm is a located in the neighborhood of Albemarle in Albemarle, Charlottesville.
What is the average sales price for listings in 3303 Walnut Hill Farm?
The average sales price for units in 3303 Walnut Hill Farm is $0 currently.

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