Check Availability

407 Miles Avenue

407 Miles Avenue, Hopewell, VA 23860
Property in Hopewell
Refi Jul 11, 2016
Transfer
$146,794 by New Penn Financial Llc
Mortgage Due Aug 01, 2046
407 Miles Avenue has been categorized by the local assessors in Hopewell, VA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 407 Miles Avenue has 1,722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,000 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 detached garage for those who require parking. The garage measured 384 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of materials we are unsure of. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,547 in taxes each year. 407 Miles Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,900. If we break it down further, the land itself was valued at $28,100. Improvements to the property, however, were assessed at a total of $108,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTWOOD PARK SEC. 1
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 BLK 3

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell City Public Schools
  • Census Tract: 820500

Zoning

  • Zoning: RA

Geography

  • District: WARD 05
  • Parcel: 084-0155
  • Block: 3
  • Lot: 11
  • Latitude: 37.2883
  • Longitude: -77.3119

    Address

  • Full Address: 407 Miles Ave
  • Address - House Number: 407
  • Address - Street Name: Miles
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Hopewell
  • Carrier Code: C002
  • 4-Digit Zip Code: 4212
  • Zip Code: 23860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,547

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 205,320
  • High Value: 255,735
  • Low Value: 154,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,794
  • First Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 11, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $146,794
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2046

    Market Valuation

  • Market Total Value: $136,900
  • Market Land Value: $28,100
  • Market Improvement Value: $108,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,900
  • Assessed Land Value: $28,100
  • Assessed Improvements Value: $108,800

About Hopewell



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1840 New Lincoln Circle, Hopewell, VA, 23860

$1,700 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,232 ft²
1840 New Lincoln Circle, Hopewell, VA, 23860 Listing by Rachael McGee

Frequently Asked Questions

What neighborhood is 407 Miles Avenue located in?
The 407 Miles Avenue is a located in the neighborhood of Hopewell in Hopewell, Hopewell.
What is the average sales price for listings in 407 Miles Avenue?
The average sales price for units in 407 Miles Avenue is $0 currently.

Quantcast