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489 Ridge Oak Drive Southeast

489 Ridge Oak Drive Southeast, Copper Hill, VA 24079
House in Floyd
Sold Aug 31, 2018
$87,000
$119,000 by Hometown Bank
Mortgage
Local assessors in Copper Hill, VA have categorized 489 Ridge Oak Drive Southeast as a residential type of property. The property's lot size has been calculated to be 21,485 square feet.

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, 489 Ridge Oak Drive Southeast sold most recently in Aug 30, 2018 for a total of $87,000. 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 $1,048 in taxes each year. 489 Ridge Oak Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,200. 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 $143,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,485
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.493
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK RIDGE EAST LOT 205

Ownership

  • Current Owner : VAUGHN DWIGHT
  • Current Owner 2: VAUGHN KAREN
  • Previous Owner : MORAN LARRY W
  • Previous Owner 2: MORAN KEN O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Floyd County Public Schools
  • Census Tract: 920102

Geography

  • Assessors Map Reference: 33B205
  • Account Number: R005878
  • Parcel: 33B-205
  • Lot: 205
  • Municipality: LOCUST GROVE
  • Latitude: 36.9909
  • Longitude: -80.1225

    Address

  • Full Address: 489 Ridge Oak Dr Se
  • Address - House Number: 489
  • Street Segment Direction: SE
  • Address - Street Name: Ridge Oak
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Copper Hill
  • Carrier Code: R081
  • 4-Digit Zip Code: 2690
  • Zip Code: 24079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,048
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 67
  • Final Value: 254,879
  • High Value: 314,763
  • Low Value: 194,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,000
  • First Open Lien Mortgage Lender: HOMETOWN BANK
  • First Open Lien Mortgage Recording Date: Aug 31, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $119,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $161,200
  • Market Land Value: $18,000
  • Market Improvement Value: $143,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,200
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $143,200

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Transaction ID: 11505094609
  • Current Sale Price: $87,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180001505

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN BANK
  • First Mortgage Transaction Date: Aug 31, 2018
  • First Mortgage Loan Amount: $119,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

About Floyd



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Frequently Asked Questions

What neighborhood is 489 Ridge Oak Drive Southeast located in?
The 489 Ridge Oak Drive Southeast is a house located in the neighborhood of Floyd in Floyd, Copper Hill.
What is the average sales price for listings in 489 Ridge Oak Drive Southeast?
The average sales price for units in 489 Ridge Oak Drive Southeast is $0 currently.

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