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476 Mackeys Lane

476 Mackeys Lane, Fairfield, VA 24435
Property in Rockbridge
Sold Dec 29, 2011
$1,400,000
$1,200,000 by Farm Credit Of The Virginias A
Mortgage
Local assessors in Fairfield, VA have categorized 476 Mackeys Lane as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 14,427,943 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 476 Mackeys Lane has a total of 2,244 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of metal. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 476 Mackeys Lane sold most recently in Dec 15, 2011 for a total of $1,400,000. If you work out the math, that's approximately a cost of $623.89 per sqft. 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 $2,869 in taxes each year. 476 Mackeys Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,275,000. If we break it down further, the land itself was valued at $1,108,300. Improvements to the property, however, were assessed at a total of $166,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 14,427,943
  • Total Building Area: 2,244
  • Building Area: 2,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,244
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 331.22
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: DONALDSBURG

Ownership

  • Current Owner : RICCIONI GUSTAVO L
  • Current Owner 2: RICCIONI MICHAEL JOSEPH
  • Previous Owner : BISHOP EDWARD L
  • Previous Owner 2: BISHOP MARY FRANCES

Neighborhood

  • School District Name: Rockbridge County Public Schools
  • Census Tract: 930102

Zoning

  • Zoning: A-2

Geography

  • Account Number: 4813
  • Parcel: 51 A 26
  • Municipality: SOUTH RIVER DISTRICT
  • Latitude: 37.8461
  • Longitude: -79.3173

    Address

  • Full Address: 476 Mackeys Ln
  • Address - House Number: 476
  • Address - Street Name: Mackeys
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Fairfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2301
  • Zip Code: 24435

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,869

    Appraisal Valuation

  • Standard Deviation: 0.1172
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 1,434,911
  • High Value: 1,603,169
  • Low Value: 1,266,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Open Lien Mortgage Recording Date: Dec 29, 2011
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,275,000
  • Market Land Value: $1,108,300
  • Market Improvement Value: $166,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,000
  • Assessed Land Value: $1,108,300
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Dec 15, 2011
  • Current Sale Recording Date: Dec 29, 2011
  • Current Sale Transaction ID: 11439792031
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 110003855

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT OF THE VIRGINIAS A
  • First Mortgage Transaction Date: Dec 29, 2011
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Rockbridge



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Frequently Asked Questions

What neighborhood is 476 Mackeys Lane located in?
The 476 Mackeys Lane is a located in the neighborhood of Rockbridge in Rockbridge, Fairfield.
What is the average sales price for listings in 476 Mackeys Lane?
The average sales price for units in 476 Mackeys Lane is $0 currently.

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