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40 Water Street

40 Water Street, Sperryville, VA 22740
Sold Dec 17, 2019
$292,500
$218,250 by Atlantic Union Bank
Mortgage Due Mar 01, 2050
40 Water Street has been categorized by the local assessors in Sperryville, VA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 40 Water Street has 1,374 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 47,655 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. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with metal control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of metal. The exterior walls of the building are made of wood 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 are 3 fireplaces in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 16, 2019 for $292,500. That's $212.88 per sqft. 40 Water Street was last assessed in 2023. The total value of the property was assessed at $315,000. Specifically, the land the property is located on was valued at $125,000. While improvements on the property were assessed at a total of $190,000. 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 $1,922. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Metal
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 47,655
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,374
  • Building Area: 1,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 3
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,374
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.094 AC 1991 DB 185/843 2019 #1099

Ownership

  • Current Owner : SANDS MICHAEL
  • Current Owner 2: SANDS ELIZABETH
  • Previous Owner : ALTHER ROY
  • Previous Owner 2: ALTHER JOSEPHINE A

Neighborhood

  • School District Name: Rappahannock County Public Schools
  • Census Tract: 950200

Geography

  • Account Number: 3795
  • Parcel: 38A 1 41
  • Municipality: PIEDMONT
  • Latitude: 38.6575
  • Longitude: -78.2238

    Address

  • Full Address: 40 Water St
  • Address - House Number: 40
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: VA
  • City Name: Sperryville
  • Carrier Code: R091
  • 4-Digit Zip Code: 2136
  • Zip Code: 22740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,922

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 421,351
  • High Value: 508,709
  • Low Value: 333,992

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,250
  • First Open Lien Mortgage Lender: ATLANTIC UNION BANK
  • First Open Lien Mortgage Recording Date: Feb 20, 2020
  • First Open Lien Mortgage Loan Amount: $218,250
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $315,000
  • Market Land Value: $125,000
  • Market Improvement Value: $190,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Dec 16, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11711633475
  • Current Sale Price: $292,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 190001099

About Sperryville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 40 Water Street located in?
The 40 Water Street is a house located in the neighborhood of Rappahannock in Sperryville, Sperryville.
What is the average sales price for listings in 40 Water Street?
The average sales price for units in 40 Water Street is $0 currently.

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