Check Availability

555 Gillums Ridge Road

555 Gillums Ridge Road, Charlottesville, VA 22903
Property in Albemarle
Sold Aug 11, 2020
$455,000
$444,647 by Alcova Mortgage Llc
Mortgage Due Sep 01, 2050
Sold May 27, 2010
$360,815
$228,500 by Presidential Bank Fsb
Mortgage Due Jun 01, 2040
555 Gillums Ridge Road in Charlottesville, VA was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 555 Gillums Ridge Road has 1,892 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. The basement is 1,072 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 87,207 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk inside and you'll find flooring throughout the home. 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 heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 23, 2020 for $455,000. That's $240.49 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2010 for $360,815. 555 Gillums Ridge Road was last assessed in 2023. The total value of the property was assessed at $497,500. Specifically, the land the property is located on was valued at $142,500. While improvements on the property were assessed at a total of $355,000. 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 $4,249. 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. 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: 1978
  • Effective Year Built: 1978
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,072
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 87,207
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ROUDABUSH
  • Land Acres: 2.002
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACREAGE 5

Ownership

  • Current Owner : THOMAS BRIAN KEITH
  • Previous Owner : SMITH JUSTIN T
  • Previous Owner 2: SMITH LINDSAY JARRETT
  • Owner Before Previous Owner: BOONE RANDAL D
  • Owner Before Previous Owner 2: BOONE MARY M
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: MURRAY
  • School Tax District Code 2: HENLEY
  • School Tax District Code 3: WEST ALBEMARLE
  • Census Tract: 011000

Zoning

  • Zoning: RURAL AREA

Geography

  • Parcel: 05700-00-00-082H0
  • Municipality: SAMUEL MILLER
  • Latitude: 38.0522
  • Longitude: -78.6368

    Address

  • Full Address: 555 Gillums Ridge Rd
  • Address - House Number: 555
  • Address - Street Name: Gillums Ridge
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: R010
  • 4-Digit Zip Code: 7650
  • Zip Code: 22903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,249

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 578,959
  • High Value: 670,563
  • Low Value: 487,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $444,647
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $444,647
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $497,500
  • Market Land Value: $142,500
  • Market Improvement Value: $355,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,500
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $355,000

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11784625165
  • Current Sale Price: $455,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-00010534
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: May 05, 2010
  • Previous Sale Amount: $360,815
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $444,647
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRESIDENTIAL BANK FSB
  • Previous Mortgage Transaction Date: May 27, 2010
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $228,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Albemarle



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 555 Gillums Ridge Road located in?
The 555 Gillums Ridge Road is a located in the neighborhood of Albemarle in Albemarle, Charlottesville.
What is the average sales price for listings in 555 Gillums Ridge Road?
The average sales price for units in 555 Gillums Ridge Road is $0 currently.

Quantcast