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396 Shelburne Lane

396 Shelburne Lane, Victoria, VA 23974
Property in Lunenburg
Sold Jun 15, 2021
$375,000
$325,000 by Atlantic Bay Mortgage Group Ll
Mortgage
396 Shelburne Lane in Victoria, VA was first built in 2002 and is 22 years old. This has been categorized as a residential property type. There are a total of 5 rooms in the home, of which, 3 are bedrooms. 396 Shelburne Lane has 1,248 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 1,070,705 square feet.

Learn more about the property and building on this page. 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, 396 Shelburne Lane sold most recently in Jun 11, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $300.48 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 $881 in taxes each year. 396 Shelburne Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $231,900. If we break it down further, the land itself was valued at $44,000. Improvements to the property, however, were assessed at a total of $187,900. 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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,070,705
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REEDY CREEK
  • Land Acres: 24.58
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: REEDY CREEK 24.58 AC

Ownership

  • Current Owner : IACONO JOHN
  • Current Owner 2: IACONO PATRICIA
  • Previous Owner : ADAMI ROBIN W

Neighborhood

  • School District Name: Lunenburg County Public Schools
  • Census Tract: 930200

Zoning

  • Zoning: 5

Geography

  • Account Number: 12138
  • District: 3
  • Parcel: 045 050 5C
  • Municipality: LEWISTON
  • Latitude: 36.9518
  • Longitude: -78.2219

    Address

  • Full Address: 396 Shelburne Ln
  • Address - House Number: 396
  • Address - Street Name: Shelburne
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Victoria
  • Carrier Code: R002
  • 4-Digit Zip Code: 2706
  • Zip Code: 23974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $881

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 435,094
  • High Value: 503,263
  • Low Value: 366,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $325,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $231,900
  • Market Land Value: $44,000
  • Market Improvement Value: $187,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,900
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $187,900

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11844102398
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210000749

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lunenburg



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Frequently Asked Questions

What neighborhood is 396 Shelburne Lane located in?
The 396 Shelburne Lane is a located in the neighborhood of Lunenburg in Lunenburg, Victoria.
What is the average sales price for listings in 396 Shelburne Lane?
The average sales price for units in 396 Shelburne Lane is $0 currently.

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