Check Availability

401 London Company Way

401 London Company Way, Williamsburg, VA 23185
Property in James City
Sold Oct 26, 2009
$168,000
$142,800 by Chevy Chase F S B
Mortgage
Sold Jun 02, 2005
$153,610
Buyer
Seller
$152,250 by C & F Mortgage Corp
Mortgage
401 London Company Way has been categorized by the local assessors in Williamsburg, VA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 401 London Company Way has 1,476 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 2,222 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. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal 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. 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, 401 London Company Way sold most recently in Oct 23, 2009 for a total of $168,000. If you work out the math, that's approximately a cost of $113.82 per sqft. Before that, the property was also sold for $153,610 in May 26, 2005. 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 $1,522 in taxes each year. 401 London Company Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $183,400. If we break it down further, the land itself was valued at $35,800. Improvements to the property, however, were assessed at a total of $147,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,222
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JAMESTOWN 1607
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 401 S -A JAMESTOWN 1607

Ownership

  • Current Owner : CORRADO MICHAEL A
  • Previous Owner : SMITH BUNN TANYA
  • Owner Before Previous Owner: WALTRIP LAURA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080308

Zoning

  • Zoning: R2 GENERAL

Geography

  • Assessors Map Reference: MAP PG 46-4
  • Account Number: 15315
  • Parcel: 46-4 02-0-0401
  • Municipality: BERKLEY
  • Latitude: 37.2359
  • Longitude: -76.7752

    Address

  • Full Address: 401 London Company Way
  • Address - House Number: 401
  • Address - Street Name: London Company
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R025
  • 4-Digit Zip Code: 2337
  • Zip Code: 23185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,522

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 83
  • Final Value: 267,025
  • High Value: 304,440
  • Low Value: 229,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,800
  • First Open Lien Mortgage Lender: CHEVY CHASE F S B
  • First Open Lien Mortgage Recording Date: Oct 26, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $142,800
  • 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: $183,400
  • Market Land Value: $35,800
  • Market Improvement Value: $147,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,400
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $147,600

    Sales

  • Current Sale Contract Date: Oct 23, 2009
  • Current Sale Recording Date: Oct 26, 2009
  • Current Sale Transaction ID: 1123000087
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 900028806
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: May 26, 2005
  • Previous Sale Amount: $153,610
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHEVY CHASE F S B
  • First Mortgage Transaction Date: Oct 26, 2009
  • First Mortgage Loan Amount: $142,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: C & F MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 02, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $152,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About James City



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 401 London Company Way located in?
The 401 London Company Way is a located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 401 London Company Way?
The average sales price for units in 401 London Company Way is $0 currently.

Quantcast