Check Availability

356 Cool Branch Road

356 Cool Branch Road, Penhook, VA 24137
Property in Franklin
Sold Jun 10, 2020
$251,000
$200,800 by Bank Of The James
Mortgage Due Jul 01, 2050
Local assessors in Penhook, VA have categorized 356 Cool Branch Road as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 28,837 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 356 Cool Branch Road has a total of 1,323 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 heat pump is the primary heating source and it is being fueled with electricity. The property was last sold in May 29, 2020 for $251,000. That's $189.72 per sqft. 356 Cool Branch Road was last assessed in 2023. The total value of the property was assessed at $233,800. Specifically, the land the property is located on was valued at $135,500. While improvements on the property were assessed at a total of $98,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,426. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 5
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 28,837
  • Total Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,323
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: C BRANCH CO INC
  • Land Acres: 0.662
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • County Land Use Code: Easement (misc.)
  • Mobile Home Indicator: T
  • Legal Description 1: C BRANCH CO INC LOT 12

Ownership

  • Current Owner : VAUGHN MARK W
  • Current Owner 2: VAUGHN RENA S
  • Previous Owner : C BRANCH 12 INC

Neighborhood

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

Zoning

  • Zoning: RC1

Geography

  • Parcel: 051 00-059 12
  • Lot: 12
  • Municipality: UNION HALL
  • Latitude: 37.0131
  • Longitude: -79.6039

    Address

  • Full Address: 356 Cool Branch Rd
  • Address - House Number: 356
  • Address - Street Name: Cool Branch
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Penhook
  • Carrier Code: R003
  • 4-Digit Zip Code: 2404
  • Zip Code: 24137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,426

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 379,689
  • High Value: 457,062
  • Low Value: 302,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,800
  • First Open Lien Mortgage Lender: BANK OF THE JAMES
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $200,800
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $233,800
  • Market Land Value: $135,500
  • Market Improvement Value: $98,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,800
  • Assessed Land Value: $135,500
  • Assessed Improvements Value: $98,300

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Transaction ID: 11767909251
  • Current Sale Price: $251,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200003840

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE JAMES
  • First Mortgage Transaction Date: Jun 10, 2020
  • First Mortgage Loan Amount: $200,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Franklin



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 356 Cool Branch Road located in?
The 356 Cool Branch Road is a located in the neighborhood of Franklin in Franklin, Penhook.
What is the average sales price for listings in 356 Cool Branch Road?
The average sales price for units in 356 Cool Branch Road is $0 currently.

Quantcast