5736 Magnolia Shore Lane

5736 Magnolia Shore Lane has been categorized by the local assessors in Chester, VA as a unknown type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5736 Magnolia Shore Lane has 1,334 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,144,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 568 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. While the interior walls have been made of unknown. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown and being fueled with unknown. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from unknown system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5736 Magnolia Shore Lane sold most recently in May 18, 2018 for a total of $248,000. If you work out the math, that's approximately a cost of $185.91 per sqft. Before that, the property was also sold for $278,215 in Jul 8, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,488 in taxes each year. 5736 Magnolia Shore Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $272,600. If we break it down further, the land itself was valued at $57,000. Improvements to the property, however, were assessed at a total of $215,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.