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508 Murphy Road

508 Murphy Road, Collinsville, VA 24078
Property in Henry
Refi Jun 25, 2012
Transfer
$90,400 by Alcova Mortgage Llc
Mortgage
Local assessors in Collinsville, VA have categorized 508 Murphy Road as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 19,325 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 508 Murphy Road has a total of 960 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. Tax-wise, the current owner is expected to pay close to $394 in taxes each year. 508 Murphy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,900. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $60,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,325
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 28.6(013 )000 /006; TOWN & COUNTRY SUB ST RT 797 LOT 6 MURPHY RD

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henry County Public Schools
  • Census Tract: 010100

Zoning

  • Zoning: SR

Geography

  • District: COLL
  • Parcel: 049000000
  • Lot: 6
  • Municipality: COLLINSVILLE DISTRICT
  • Latitude: 36.727
  • Longitude: -79.9274

    Address

  • Full Address: 508 Murphy Rd
  • Address - House Number: 508
  • Address - Street Name: Murphy
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Collinsville
  • Carrier Code: C001
  • 4-Digit Zip Code: 2124
  • Zip Code: 24078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394

    Appraisal Valuation

  • Standard Deviation: 0.1224
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 75
  • Final Value: 100,048
  • High Value: 112,296
  • Low Value: 87,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,400
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 25, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,400
  • 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: $70,900
  • Market Land Value: $10,000
  • Market Improvement Value: $60,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,900
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $60,900

About Collinsville



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Frequently Asked Questions

What neighborhood is 508 Murphy Road located in?
The 508 Murphy Road is a located in the neighborhood of Henry in Collinsville, Collinsville.
What is the average sales price for listings in 508 Murphy Road?
The average sales price for units in 508 Murphy Road is $0 currently.

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