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5028 Browns Gap Turnpike

5028 Browns Gap Turnpike, Crozet, VA 22932
Property in Albemarle
Refi Mar 09, 2017
Transfer
$188,000 by Farm Credit Of The Virginias
Mortgage
5028 Browns Gap Turnpike has been categorized by the local assessors in Crozet, VA as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5028 Browns Gap Turnpike has 775 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 71,700 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. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters 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 none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,422 in taxes per year. The property on 5028 Browns Gap Turnpike was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $166,500. To break that down further, the land itself was valued at $69,800. While improvements to the property were assessed at a total of $96,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1965
  • Effective Year Built: 1965
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D-
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 71,700
  • Lot Size Frontage Feet: 0
  • Total Building Area: 775
  • Building Area: 775
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 775
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 1.646
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACREAGE

Ownership

  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: CROZET
  • School Tax District Code 2: HENLEY
  • School Tax District Code 3: WEST ALBEMARLE
  • Census Tract: 010100

Zoning

  • Zoning: RURAL AREA

Geography

  • Parcel: 01400-00-00-029B0
  • Municipality: WHITEHALL
  • Latitude: 38.1892
  • Longitude: -78.6676

    Address

  • Full Address: 5028 Browns Gap Tpke
  • Address - House Number: 5028
  • Address - Street Name: Browns Gap
  • Address - Suffix Type: Tpke
  • State: VA
  • City Name: Crozet
  • Carrier Code: R002
  • 4-Digit Zip Code: 1614
  • Zip Code: 22932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,422

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 86
  • Final Value: 220,763
  • High Value: 248,054
  • Low Value: 193,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: FARM CREDIT OF THE VIRGINIAS
  • First Open Lien Mortgage Recording Date: Mar 09, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $166,500
  • Market Land Value: $69,800
  • Market Improvement Value: $96,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,500
  • Assessed Land Value: $69,800
  • Assessed Improvements Value: $96,700

About Albemarle



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Frequently Asked Questions

What neighborhood is 5028 Browns Gap Turnpike located in?
The 5028 Browns Gap Turnpike is a located in the neighborhood of Albemarle in Albemarle, Crozet.
What is the average sales price for listings in 5028 Browns Gap Turnpike?
The average sales price for units in 5028 Browns Gap Turnpike is $0 currently.

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