Check Availability

501 London Company Way

501 London Company Way, Williamsburg, VA 23185
Property in James City
Sold Oct 11, 2018
$173,500
$129,000 by George Mason Mortgage Llc
Mortgage
501 London Company Way in Williamsburg, VA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 501 London Company Way has 1,476 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. In total, the area measurement of the land is 2,178 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 London Company Way was last sold in Oct 1, 2018 for $173,500. According to our calculations, that's $117.55 per sqft. Current property owners are expected to pay $1,522 in taxes per year. The property on 501 London Company Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $183,400. To break that down further, the land itself was valued at $35,800. While improvements to the property were assessed at a total of $147,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JAMESTOWN 1607
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-501 S-A JAMESTOWN 1607

Ownership

  • Current Owner : DENBY TIMOTHY DAVID
  • Previous Owner : ESTATE OF KATHRYN MARSHALL ARNOLD

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080308

Zoning

  • Zoning: R2 GENERAL

Geography

  • Assessors Map Reference: MAP PG 46-4
  • Account Number: 6981
  • Section: A
  • Parcel: 46-4 02-0-0501
  • Lot: 160
  • Municipality: BERKLEY
  • Latitude: 37.2361
  • Longitude: -76.7751

    Address

  • Full Address: 501 London Company Way
  • Address - House Number: 501
  • Address - Street Name: London Company
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R025
  • 4-Digit Zip Code: 2339
  • Zip Code: 23185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,522

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 255,885
  • High Value: 291,670
  • Low Value: 220,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,000
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 11, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $183,400
  • Market Land Value: $35,800
  • Market Improvement Value: $147,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,400
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $147,600

    Sales

  • Current Sale Contract Date: Oct 01, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Transaction ID: 11523171804
  • Current Sale Price: $173,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180016245

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 11, 2018
  • First Mortgage Loan Amount: $129,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About James City



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 111 Sabre Drive, Williamsburg, VA, 23185

$2,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,862 ft²
111 Sabre Drive, Williamsburg, VA, 23185 Listing by Kathy Macklin

Frequently Asked Questions

What neighborhood is 501 London Company Way located in?
The 501 London Company Way is a located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 501 London Company Way?
The average sales price for units in 501 London Company Way is $0 currently.

Quantcast