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5205 Queen Bishop Lane

5205 Queen Bishop Lane, Williamsburg, VA 23185
Property in James City
Sold Oct 24, 2003
$199,800
$165,803 by Citibank Na
Mortgage Due Oct 01, 2042
Local assessors in Williamsburg, VA have categorized 5205 Queen Bishop Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 5,401 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5205 Queen Bishop Lane has a total of 2,504 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 1, 1970 for $199,800. That's $79.79 per sqft. 5205 Queen Bishop Lane was last assessed in 2023. The total value of the property was assessed at $345,500. Specifically, the land the property is located on was valued at $87,500. While improvements on the property were assessed at a total of $258,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,868. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 2,504
  • Building Area: 2,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE POWELL FOREST
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-59 P-4 LAKE POWELL FOREST

Ownership

  • Current Owner : MCFARLANE WINSTON
  • Previous Owner : BOYD CORPORATION
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080203

Zoning

  • Zoning: R1 LIMITED

Geography

  • Assessors Map Reference: MAP PG 48-1
  • Account Number: 26820
  • Parcel: 48-1 23-0-0059
  • Lot: 59
  • Municipality: ROBERTS
  • Latitude: 37.2412
  • Longitude: -76.7389

    Address

  • Full Address: 5205 Queen Bishop Ln
  • Address - House Number: 5205
  • Address - Street Name: Queen Bishop
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: C005
  • 4-Digit Zip Code: 3286
  • Zip Code: 23185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,868

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 484,093
  • High Value: 551,636
  • Low Value: 416,550

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $315,803
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 09, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,803
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 04, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 04, 2036
  • Third Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Third Open Lien Mortgage Recording Date: Jun 18, 2015
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $100,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jun 04, 2045

    Market Valuation

  • Market Total Value: $345,500
  • Market Land Value: $87,500
  • Market Improvement Value: $258,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,500
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $258,000

    Sales

  • Current Sale Recording Date: Oct 24, 2003
  • Current Sale Transaction ID: 1016236606
  • Current Sale Price: $199,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 300032898

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR BEAN WHITTAKER MTG
  • First Mortgage Transaction Date: Oct 24, 2003
  • First Mortgage Loan Amount: $199,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5205 Queen Bishop Lane located in?
The 5205 Queen Bishop Lane is a located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 5205 Queen Bishop Lane?
The average sales price for units in 5205 Queen Bishop Lane is $0 currently.

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