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485 Terry Drive

485 Terry Drive, Richlands, VA 24641
House in Tazewell
Sold Nov 02, 2023
$330,000
$324,022 by Movement Mortgage, Llc
Mortgage Due Nov 01, 2053
Sold May 06, 2022
$160,000
485 Terry Drive has been categorized by the local assessors in Richlands, 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 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 485 Terry Drive has 3,354 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 115,016 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 garage for those who require parking. The garage measured 676 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of metal. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 485 Terry Drive sold most recently in Oct 31, 2023 for a total of $330,000. If you work out the math, that's approximately a cost of $98.39 per sqft. Before that, the property was also sold for $160,000 in May 6, 2022. 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 $1,181 in taxes each year. 485 Terry Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,600. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $163,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 316
  • Garage Type: Garage
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 115,016
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,354
  • Building Area: 3,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,354
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 2.64
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOTS 43-44, PLAT 3 HIDDEN VALLEY

Ownership

  • Current Owner : CROFT JONATHAN WAYNE
  • Current Owner 2: CROFT LISA ANN
  • Previous Owner : TAYLOR JEFFERY HAROLD
  • Owner Before Previous Owner: JOHN CHMARA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tazewell County Public Schools
  • Census Tract: 020500

Geography

  • Account Number: 21504
  • District: 07
  • Parcel: 122A 06 0043-0044
  • Lot: 43-44
  • Municipality: TOWN OF RICHLANDS
  • Latitude: 37.0768
  • Longitude: -81.8275

    Address

  • Full Address: 485 Terry Dr
  • Address - House Number: 485
  • Address - Street Name: Terry
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Richlands
  • Carrier Code: C003
  • 4-Digit Zip Code: 4607
  • Zip Code: 24641

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,181

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 321,730
  • High Value: 404,639
  • Low Value: 238,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,022
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2023
  • First Open Lien Mortgage Loan Amount: $324,022
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $203,600
  • Market Land Value: $40,000
  • Market Improvement Value: $163,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,600
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Transaction ID: 11915624669
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2718
  • Previous Sale Recording Date: May 06, 2022
  • Previous Sale Contract Date: May 06, 2022
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Nov 02, 2023
  • First Mortgage Loan Amount: $324,022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

About Richlands



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Frequently Asked Questions

What neighborhood is 485 Terry Drive located in?
The 485 Terry Drive is a house located in the neighborhood of Tazewell in Richlands, Richlands.
What is the average sales price for listings in 485 Terry Drive?
The average sales price for units in 485 Terry Drive is $0 currently.

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