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405 Prosperity Court

405 Prosperity Court, Williamsburg, VA 23188
Townhouse in James City
Sold Nov 04, 2020
$275,000
$220,000 by Prosperity Home Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Aug 14, 2017
$255,000
$250,381 by Tidewater Mortgage Services In
Mortgage
405 Prosperity Court 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 2017 and is 7 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 405 Prosperity Court has 1,994 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 742 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 attached garage for those who require parking. The garage measured 230 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 forced air unit and being fueled with gas. 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, 405 Prosperity Court sold most recently in Oct 28, 2020 for a total of $275,000. If you work out the math, that's approximately a cost of $137.91 per sqft. Before that, the property was also sold for $255,000 in Aug 11, 2017. 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 $2,182 in taxes each year. 405 Prosperity Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $262,900. If we break it down further, the land itself was valued at $50,400. Improvements to the property, however, were assessed at a total of $212,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 230
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 742
  • Total Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,994
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOVERNOR'S GROVE AT FIVE FORKS
  • Land Acres: 0.017
  • Standard Land Use Code: Single family residential
  • Legal Description 1: U-22 BLDG-D PH-8B GOVERNOR'S GROVE AT FIVE FORKS

Ownership

  • Current Owner : MILLER MARSHALL L
  • Previous Owner : LAHGAZI ALAOUI ISMAIL
  • Previous Owner 2: LAHGAZI ALAOUI MAIMUNA
  • Owner Before Previous Owner: Governors Grove At Five Forks Llc A Virg
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: York County Public Schools
  • Census Tract: 080307

Zoning

  • Zoning: MU MIXED U

Geography

  • Assessors Map Reference: MAP PG 46-2
  • Account Number: 35234
  • Subdivision Phase Number: 8B
  • Parcel: 46-2 21-0-0405
  • Municipality: BERKLEY
  • Latitude: 37.2503
  • Longitude: -76.7701

    Address

  • Full Address: 405 Prosperity Ct
  • Address - House Number: 405
  • Address - Street Name: Prosperity
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R014
  • 4-Digit Zip Code: 2292
  • Zip Code: 23188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,182

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 83
  • Final Value: 375,962
  • High Value: 429,774
  • Low Value: 322,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $262,900
  • Market Land Value: $50,400
  • Market Improvement Value: $212,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,900
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $212,500

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11803598082
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200018828
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • Previous Mortgage Transaction Date: Aug 14, 2017
  • Previous Mortgage Loan Amount: $250,381
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About James City



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Frequently Asked Questions

What neighborhood is 405 Prosperity Court located in?
The 405 Prosperity Court is a townhouse located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 405 Prosperity Court?
The average sales price for units in 405 Prosperity Court is $0 currently.

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