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353 Chestnut Point Drive

353 Chestnut Point Drive, Hardy, VA 24101
Property in Franklin
Sold Oct 01, 2020
$700,000
$510,400 by Atlantic Bay Mortgage Group Ll
Mortgage Due Oct 01, 2050
Sold May 09, 2014
$250,000
353 Chestnut Point Drive has been categorized by the local assessors in Hardy, VA as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 12 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 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, 353 Chestnut Point Drive has 1,680 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 958 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 28,009 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 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a screened 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 alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 353 Chestnut Point Drive sold most recently in Sep 21, 2020 for a total of $700,000. If you work out the math, that's approximately a cost of $416.67 per sqft. Before that, the property was also sold for $250,000 in May 8, 2014. 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 $3,185 in taxes each year. The initial year of tax delinquency occurred in 2022. 353 Chestnut Point Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $522,200. If we break it down further, the land itself was valued at $205,000. Improvements to the property, however, were assessed at a total of $317,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2015
  • Effective Year Built: 2015
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • 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
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 958
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 28,009
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT POIN
  • Land Acres: 0.643
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: CHESTNUT POINTE LOT 13

Ownership

  • Current Owner : BURKS ANDREW L
  • Current Owner 2: GRIFFEN EMILY P
  • Previous Owner : MARSH JEFFREY ARTHUR
  • Previous Owner 2: MARSH TERESA CARTER
  • Owner Before Previous Owner: BOWMAN TROY L
  • Owner Before Previous Owner 2: BOWMAN JEAN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020302

Zoning

  • Zoning: A1

Geography

  • Parcel: 015 06-011 00
  • Lot: 13
  • Municipality: GILLS CREEK
  • Latitude: 37.145
  • Longitude: -79.7041

    Address

  • Full Address: 353 Chestnut Point Dr
  • Address - House Number: 353
  • Address - Street Name: Chestnut Point
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Hardy
  • Carrier Code: R004
  • 4-Digit Zip Code: 3108
  • Zip Code: 24101

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,185
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 909,068
  • High Value: 1,094,906
  • Low Value: 723,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $522,200
  • Market Land Value: $205,000
  • Market Improvement Value: $317,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,200
  • Assessed Land Value: $205,000
  • Assessed Improvements Value: $317,200

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11790569070
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200007603
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Contract Date: May 08, 2014
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Westlake Corner



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Frequently Asked Questions

What neighborhood is 353 Chestnut Point Drive located in?
The 353 Chestnut Point Drive is a located in the neighborhood of Franklin in Westlake Corner, Hardy.
What is the average sales price for listings in 353 Chestnut Point Drive?
The average sales price for units in 353 Chestnut Point Drive is $0 currently.

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