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535 Biltmore Drive

535 Biltmore Drive, Mc Gaheysville, VA 22840
Property in Rockingham
Sold Jan 31, 2013
$242,000
$226,902 by Carolina Bank
Mortgage Due Feb 01, 2043
535 Biltmore Drive has been categorized by the local assessors in Mc Gaheysville, VA as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 535 Biltmore Drive has 1,868 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 17,772 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. 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 heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 535 Biltmore Drive sold most recently in Jan 31, 2013 for a total of $242,000. If you work out the math, that's approximately a cost of $129.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,198 in taxes each year. 535 Biltmore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $323,300. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $273,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2012
  • Effective Year Built: 2012
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Unimproved
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,772
  • Total Building Area: 1,868
  • Building Area: 1,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,868
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MANORWOOD EST
  • Land Acres: 0.408
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MANORWOOD ESTATES P2 L13

Ownership

  • Current Owner : LAMB LARI Z
  • Previous Owner : VALLEY CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockingham County Public Schools
  • Census Tract: 011900

Zoning

  • Zoning: MED DENSIT

Geography

  • Account Number: 48721
  • District: 1
  • Parcel: 142B-(12)- L13
  • Municipality: STONEWALL
  • Latitude: 38.3657
  • Longitude: -78.7422

    Address

  • Full Address: 535 Biltmore Dr
  • Address - House Number: 535
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Mc Gaheysville
  • Carrier Code: R001
  • 4-Digit Zip Code: 2398
  • Zip Code: 22840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,198

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 73
  • Final Value: 363,750
  • High Value: 436,763
  • Low Value: 290,737

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $239,906
  • First Open Lien Mortgage Lender: CAROLINA BANK
  • First Open Lien Mortgage Recording Date: Jan 31, 2013
  • First Open Lien Mortgage Loan Amount: $226,902
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2043
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Apr 27, 2022
  • Second Open Lien Mortgage Loan Amount: $13,004
  • Second Open Lien Mortgage Term: 331
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $323,300
  • Market Land Value: $50,000
  • Market Improvement Value: $273,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,300
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $273,300

    Sales

  • Current Sale Contract Date: Jan 31, 2013
  • Current Sale Recording Date: Jan 31, 2013
  • Current Sale Transaction ID: 11471562733
  • Current Sale Price: $242,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013-00003052

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA BANK
  • First Mortgage Transaction Date: Jan 31, 2013
  • First Mortgage Loan Amount: $226,902
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2043

About Rockingham



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Frequently Asked Questions

What neighborhood is 535 Biltmore Drive located in?
The 535 Biltmore Drive is a located in the neighborhood of Rockingham in Rockingham, Mc Gaheysville.
What is the average sales price for listings in 535 Biltmore Drive?
The average sales price for units in 535 Biltmore Drive is $0 currently.

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