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55 Spencer Way

55 Spencer Way, Summit Point, WV 25446
Property in Jefferson
Sold Aug 10, 2016
$301,020
$295,587 by Integrity Home Mortgage Corp
Mortgage Due Aug 01, 2046
Sold Aug 13, 2010
$210,000
55 Spencer Way in Summit Point, WV was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 55 Spencer Way has 3,476 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 169,884 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. The property was last sold in Aug 5, 2016 for $301,020. That's $86.60 per sqft. Prior to that sales transaction, the property was also sold in Aug 5, 2010 for $210,000. 55 Spencer Way was last assessed in 2023. The total value of the property was assessed at $305,100. Specifically, the land the property is located on was valued at $78,700. While improvements on the property were assessed at a total of $226,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,564. 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. 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: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: B+
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 169,884
  • Total Building Area: 3,476
  • Building Area: 3,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,476
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SUMMIT VIEW ESTATES
  • Land Acres: 3.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #12 SUMMIT VIEW ESTATES

Ownership

  • Current Owner : MERRITT DANIEL
  • Current Owner 2: MERRITT RAVYA
  • Previous Owner : SLONAKER CONSTRUCTION LLC
  • Owner Before Previous Owner: HILL D FRANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 972800

Geography

  • District: 06
  • Parcel: 19-06- 15-0003.0026
  • Municipality: KABLETOWN DISTRICT
  • Latitude: 39.2685
  • Longitude: -77.9539

    Address

  • Full Address: 55 Spencer Way
  • Address - House Number: 55
  • Address - Street Name: Spencer
  • Address - Suffix Type: Way
  • State: WV
  • City Name: Summit Point
  • Carrier Code: R091
  • 4-Digit Zip Code: 3003
  • Zip Code: 25446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,564

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 78
  • Final Value: 584,388
  • High Value: 682,059
  • Low Value: 486,717

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $305,886
  • First Open Lien Mortgage Lender: INTEGRITY HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 10, 2016
  • First Open Lien Mortgage Loan Amount: $295,587
  • 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: Aug 01, 2046
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Jan 28, 2021
  • Second Open Lien Mortgage Loan Amount: $10,299
  • Second Open Lien Mortgage Term: 306
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2046

    Market Valuation

  • Market Total Value: $508,400
  • Market Land Value: $131,100
  • Market Improvement Value: $377,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,100
  • Assessed Land Value: $78,700
  • Assessed Improvements Value: $226,400

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 10, 2016
  • Current Sale Transaction ID: 1692130131
  • Current Sale Price: $301,020
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016036443
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Contract Date: Aug 05, 2010
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTEGRITY HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 10, 2016
  • First Mortgage Loan Amount: $295,587
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

About Jefferson



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Frequently Asked Questions

What neighborhood is 55 Spencer Way located in?
The 55 Spencer Way is a located in the neighborhood of Jefferson in Jefferson, Summit Point.
What is the average sales price for listings in 55 Spencer Way?
The average sales price for units in 55 Spencer Way is $0 currently.

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