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559 Petersburg Road

559 Petersburg Road, Powhatan, VA 23139
Property in Powhatan
Sold Sep 29, 2017
Transfer
$172,500 by Colonial Farm Credit Aca
Mortgage
Sold Feb 26, 2016
$345,000
559 Petersburg Road in Powhatan, VA was first built in 2017 and is 7 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 3 full bathrooms. There are 4 partial bathrooms. 559 Petersburg Road has 3,201 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 3,097,116 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. 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. For those who need parking, there is a attached garage. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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 $345,000 in Feb 26, 2016. Current property owners are expected to pay $5,189 in taxes per year. The property on 559 Petersburg Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $964,100. To break that down further, the land itself was valued at $400,600. While improvements to the property were assessed at a total of $563,500. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 1,400
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,097,116
  • Total Building Area: 3,201
  • Building Area: 3,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,201
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 71.1
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: PT CORNICK

Ownership

  • Current Owner : BLANKENSHIP JEREMY ROBERT TODD
  • Current Owner 2: BLANKENSHIP SARAH HAYES
  • Previous Owner : BOWLIN PEGGY O LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Powhatan County Public Schools
  • Census Tract: 500102

Zoning

  • Zoning: A-10

Geography

  • Assessors Map Reference: 32-0
  • Account Number: 9244
  • District: PH
  • Parcel: 060-6C
  • Lot: 6C
  • Municipality: HUGUENOT
  • Latitude: 37.4455
  • Longitude: -77.8595

    Address

  • Full Address: 559 Petersburg Rd
  • Address - House Number: 559
  • Address - Street Name: Petersburg
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Powhatan
  • Carrier Code: R004
  • 4-Digit Zip Code: 8110
  • Zip Code: 23139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,189

    Appraisal Valuation

  • Standard Deviation: 0.0982
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 90
  • Final Value: 1,127,994
  • High Value: 1,238,863
  • Low Value: 1,017,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,500
  • First Open Lien Mortgage Lender: COLONIAL FARM CREDIT ACA
  • First Open Lien Mortgage Recording Date: Sep 29, 2017
  • First Open Lien Mortgage Loan Amount: $172,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $964,100
  • Market Land Value: $400,600
  • Market Improvement Value: $563,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $964,100
  • Assessed Land Value: $400,600
  • Assessed Improvements Value: $563,500

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Transaction ID: 11708386655
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLONIAL FARM CREDIT ACA
  • First Mortgage Transaction Date: Sep 29, 2017
  • First Mortgage Loan Amount: $172,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Powhatan



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Frequently Asked Questions

What neighborhood is 559 Petersburg Road located in?
The 559 Petersburg Road is a located in the neighborhood of Powhatan in Powhatan, Powhatan.
What is the average sales price for listings in 559 Petersburg Road?
The average sales price for units in 559 Petersburg Road is $0 currently.

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