518 Victory Lane

518 Victory Lane has been categorized by the local assessors in Elk Creek, VA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 8 rooms. 5 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, 518 Victory Lane has 2,386 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 31,799 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. 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. The building has a hip style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 518 Victory Lane was last sold in Jan 22, 2018 for $40,000. According to our calculations, that's $16.76 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Jan 1, 1970. Current property owners are expected to pay $689 in taxes per year. The property on 518 Victory Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $87,500. To break that down further, the land itself was valued at $16,500. While improvements to the property were assessed at a total of $71,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.