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565 South Magnolia Avenue

565 South Magnolia Avenue, Waynesboro, VA 22980
House in Waynesboro
Sold Nov 17, 2021
$220,000
$216,015 by Rocket Mortgage Llc
Mortgage Due Jun 01, 2045
Sold Nov 16, 2021
$220,000
$216,015 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
565 South Magnolia Avenue in Waynesboro, VA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 565 South Magnolia Avenue has 1,505 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 7,768 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of plaster. 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 hot water heating system and being fueled with gas. 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, 565 South Magnolia Avenue sold most recently in Oct 6, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $146.18 per sqft. Before that, the property was also sold for $220,000 in Oct 6, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,709 in taxes each year. 565 South Magnolia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,000. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $184,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 879
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,768
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,505
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAYNESBORO LAND
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: BLOCK 16 LOTS 17 & 18 WEST WAYNESBORO LAND CO

Ownership

  • Current Owner : FEAZELL LISA
  • Previous Owner : TERRY SHANNON E
  • Owner Before Previous Owner: TERRY SHANNON E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waynesboro City Public Schools
  • Census Tract: 003400

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 485667
  • Parcel: 44 4 16- 17
  • Block: 16
  • Lot: 17-18
  • Municipality: WARD D
  • Latitude: 38.0677
  • Longitude: -78.9036

    Address

  • Full Address: 565 S Magnolia Ave
  • Address - House Number: 565
  • Street Direction: S
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Waynesboro
  • Carrier Code: C002
  • 4-Digit Zip Code: 3609
  • Zip Code: 22980

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,709

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 270,368
  • High Value: 327,606
  • Low Value: 213,129

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 282
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $222,000
  • Market Land Value: $37,500
  • Market Improvement Value: $184,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,000
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $184,500

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11875197212
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210003511
  • Previous Sale Recording Date: Nov 16, 2021
  • Previous Sale Contract Date: Oct 06, 2021
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 282
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ROCKET MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 16, 2021
  • Previous Mortgage Loan Amount: $216,015
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Waynesboro



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,071 /mo

  • 1 Bed
  • 1 Bath
  • 825 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 565 South Magnolia Avenue located in?
The 565 South Magnolia Avenue is a house located in the neighborhood of Waynesboro in Waynesboro, Waynesboro.
What is the average sales price for listings in 565 South Magnolia Avenue?
The average sales price for units in 565 South Magnolia Avenue is $0 currently.

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