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5820 Old Franklin Turnpike

5820 Old Franklin Turnpike, Glade Hill, VA 24092
Property in Franklin
5820 Old Franklin Turnpike in Glade Hill, VA was first built in 2008 and is 16 years old. This has been categorized as a commercial property type. It is a single story home. There is a 1 partial bathroom. 5820 Old Franklin Turnpike has 7,502 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 79,671 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a gable style roof made of metal. 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 carport. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. While the interior walls are made of metal. 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 propane. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5820 Old Franklin Turnpike was last sold in Apr 3, 2006 for $60,000. According to our calculations, that's $8.00 per sqft. Current property owners are expected to pay $1,927 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 5820 Old Franklin Turnpike was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $315,900. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $270,900. 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 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Metal
  • Interior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 79,671
  • Total Building Area: 7,502
  • Building Area: 7,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 7,502
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: F & P R R
  • Land Acres: 1.829
  • Standard Land Use Code: Auto repair, auto parts, garage
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: F & P R R LOT 1

Ownership

  • Current Owner : WALL TIMOTHY J
  • Current Owner 2: WALL TARA L
  • Previous Owner : HODGES LLOYD J
  • Previous Owner 2: HODGES VIRGINIA F
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020200

Zoning

  • Zoning: B2

Geography

  • Parcel: 065 00-104 00
  • Lot: 1
  • Municipality: UNION HALL
  • Latitude: 37.0064
  • Longitude: -79.7779

    Address

  • Full Address: 5820 Old Franklin Tpke
  • Address - House Number: 5820
  • Address - Street Name: Old Franklin
  • Address - Suffix Type: Tpke
  • State: VA
  • City Name: Glade Hill
  • Carrier Code: R002
  • 4-Digit Zip Code: 4062
  • Zip Code: 24092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,927
  • Intital Tax Deliquent Year: 2019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $611,640
  • First Open Lien Mortgage Lender: SKYLINE NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $611,640
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 04, 2050

    Market Valuation

  • Market Total Value: $315,900
  • Market Land Value: $45,000
  • Market Improvement Value: $270,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,900
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $270,900

    Sales

  • Current Sale Contract Date: Apr 03, 2006
  • Current Sale Recording Date: Apr 04, 2006
  • Current Sale Transaction ID: 1115431868
  • Current Sale Price: $60,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 060003775

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN COMMUNITY BANK NA
  • First Mortgage Transaction Date: Apr 04, 2006
  • First Mortgage Loan Amount: $197,200
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 03, 2007

    Financing

  • First Mortgage Financing Type: Variable

About Franklin



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Frequently Asked Questions

What neighborhood is 5820 Old Franklin Turnpike located in?
The 5820 Old Franklin Turnpike is a located in the neighborhood of Franklin in Franklin, Glade Hill.
What is the average sales price for listings in 5820 Old Franklin Turnpike?
The average sales price for units in 5820 Old Franklin Turnpike is $0 currently.

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