487 Colonial Drive

Local assessors in Collinsville, VA have categorized 487 Colonial Drive as a type of property. The home was built in 1967 and is 59 years old. The property's lot size has been calculated to be 25,418 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 487 Colonial Drive has a total of 1,450 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. 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, 487 Colonial Drive sold most recently in Mar 3, 2023 for a total of $209,925. If you work out the math, that's approximately a cost of $144.78 per sqft. Before that, the property was also sold for $130,000 in Jul 23, 2020. 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 $64,880 in taxes each year. 487 Colonial Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,900. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $98,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.