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5040 Lovings Trail

5040 Lovings Trail, Mechanicsville, VA 23111
Property in Hanover
Sold Nov 26, 2014
$415,800
$332,640 by C & F Mortgage Corporation
Mortgage
5040 Lovings Trail has been categorized by the local assessors in Mechanicsville, VA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5040 Lovings Trail has 3,002 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 282,661 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick control joints. The roof of the building is made of composition shingle. 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 central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5040 Lovings Trail was last sold in Oct 23, 2014 for $415,800. According to our calculations, that's $138.51 per sqft. Current property owners are expected to pay $5,428 in taxes per year. The property on 5040 Lovings Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $670,100. To break that down further, the land itself was valued at $127,200. While improvements to the property were assessed at a total of $542,900. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2014
  • Effective Year Built: 2014
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 282,661
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,002
  • Building Area: 3,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,002
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOVING TRAIL
  • Land Acres: 6.489
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOVING TRAIL LOT 2

Ownership

  • Current Owner : WILLIAMS CLIFTON H
  • Previous Owner : T M JOHNSON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hanover County Public Schools
  • Census Tract: 321402

Zoning

  • Zoning: AR-6 AGRIC

Geography

  • Account Number: 10188290
  • District: 4
  • Parcel: 8743-08-3405
  • Lot: 2
  • Municipality: COLD HARBOR
  • Latitude: 37.5838
  • Longitude: -77.2666

    Address

  • Full Address: 5040 Lovings Trl
  • Address - House Number: 5040
  • Address - Street Name: Lovings
  • Address - Suffix Type: Trl
  • State: VA
  • City Name: Mechanicsville
  • Carrier Code: R008
  • 4-Digit Zip Code: 6946
  • Zip Code: 23111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,428

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 82
  • Final Value: 683,972
  • High Value: 783,820
  • Low Value: 584,125

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $539,640
  • First Open Lien Mortgage Lender: C & F MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 26, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,640
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Second Open Lien Mortgage Recording Date: Jun 30, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $207,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $670,100
  • Market Land Value: $127,200
  • Market Improvement Value: $542,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,100
  • Assessed Land Value: $127,200
  • Assessed Improvements Value: $542,900

    Sales

  • Current Sale Contract Date: Oct 23, 2014
  • Current Sale Recording Date: Nov 26, 2014
  • Current Sale Transaction ID: 1180153993
  • Current Sale Price: $415,800
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: C & F MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Nov 26, 2014
  • First Mortgage Loan Amount: $332,640
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hanover



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Frequently Asked Questions

What neighborhood is 5040 Lovings Trail located in?
The 5040 Lovings Trail is a located in the neighborhood of Hanover in Hanover, Mechanicsville.
What is the average sales price for listings in 5040 Lovings Trail?
The average sales price for units in 5040 Lovings Trail is $0 currently.

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