Sold Aug 04, 2020
Transfer
$360,000
by Truist Bank
Mortgage Due May 01, 2052
Sold May 01, 2012
$439,000
Buyer
Seller
$351,200
by Suntrust Mortgage Inc
Mortgage
Local assessors in Valentines, VA have categorized 542 Ridge Drive as a residential type of property.
The property's lot size has been calculated to be 26,136 square feet.
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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $439,000 in Jan 1, 1970. Current property owners are expected to pay $2,796 in taxes per year. The property on 542 Ridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $430,200. To break that down further, the land itself was valued at $219,200. While improvements to the property were assessed at a total of $211,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $439,000 in Jan 1, 1970. Current property owners are expected to pay $2,796 in taxes per year. The property on 542 Ridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $430,200. To break that down further, the land itself was valued at $219,200. While improvements to the property were assessed at a total of $211,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.