Check Availability

431 Forest Lane

431 Forest Lane, Petersburg, VA 23805
Property in Petersburg
Sold Jul 01, 2019
$139,900
$137,365 by Assurance Fin'l
Mortgage Due Jun 20, 2049
Sold Apr 02, 2008
$75,000
431 Forest Lane in Petersburg, VA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1974. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 431 Forest Lane has 1,374 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. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,070. In total, the area measurement of the land is 10,165 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Jun 20, 2019 for $139,900. That's $101.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 2, 2008 for $75,000. 431 Forest Lane was last assessed in 2023. The total value of the property was assessed at $120,900. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $80,900. 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 $1,535. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1956
  • Effective Year Built: 1974
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,165
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,374
  • Gross Building Area: 1,374
  • Building Area: 1,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,374
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT HILL COURT
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 27-29 & PT 30-32 W HILL CT SEC 1 & 2

Ownership

  • Current Owner : JOHNSON DONNA JEAN
  • Previous Owner : BARTON ROBERT E
  • Previous Owner 2: BARTON PATRICIA R
  • Owner Before Previous Owner: NOT AVAILABLE FROM COUNTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Petersburg City Public Schools
  • Census Tract: 810900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAP #: 032
  • District: 4
  • Parcel: 032110019
  • Lot: 27-29
  • Municipality: CUTHBERT
  • Latitude: 37.2157
  • Longitude: -77.3924

    Address

  • Full Address: 431 Forest Ln
  • Address - House Number: 431
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Petersburg
  • Carrier Code: C067
  • 4-Digit Zip Code: 1346
  • Zip Code: 23805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,535

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 221,809
  • High Value: 282,948
  • Low Value: 160,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,365
  • First Open Lien Mortgage Lender: ASSURANCE FIN'L
  • First Open Lien Mortgage Recording Date: Jul 01, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $137,365
  • 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: Jun 20, 2049

    Market Valuation

  • Market Total Value: $120,900
  • Market Land Value: $40,000
  • Market Improvement Value: $80,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,900
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $80,900

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11831935352
  • Current Sale Price: $139,900
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Apr 02, 2008
  • Previous Sale Contract Date: Apr 02, 2008
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FIN'L
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $137,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 20, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Petersburg



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 431 Forest Lane located in?
The 431 Forest Lane is a located in the neighborhood of Petersburg in Petersburg, Petersburg.
What is the average sales price for listings in 431 Forest Lane?
The average sales price for units in 431 Forest Lane is $0 currently.

Quantcast