5813 Paynes Lane

5813 Paynes Lane has been categorized by the local assessors in Spotsylvania, VA as a residential type of property. The building on the property was first built in 2010 and is 14 years old. The home has a total of 3 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, 5813 Paynes Lane has 1,188 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 130,680 square feet.

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 carport for those who require parking. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a well 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. The property was last sold in Jan 7, 2022 for $270,000. That's $227.27 per sqft. Prior to that sales transaction, the property was also sold in Mar 14, 2016 for $156,000. 5813 Paynes Lane was last assessed in 2022. The total value of the property was assessed at $201,400. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $146,400. 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 $1,486. 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. 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.