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586 Dry Run

586 Dry Run, Marion, VA 24354
Property in Smyth
Refi Oct 22, 2014
Transfer
$151,813 by Quicken Loans Inc
Mortgage Due Nov 01, 2034
586 Dry Run has been categorized by the local assessors in Marion, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 5 rooms. 3 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, 586 Dry Run has 2,032 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 68,825 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 garage for those who require parking. The garage measured 484 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,495 in taxes each year. 586 Dry Run was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,000. If we break it down further, the land itself was valued at $16,500. Improvements to the property, however, were assessed at a total of $185,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,032
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 68,825
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,064
  • Building Area: 2,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUTTON BR 59 A 10B

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030500

Geography

  • Assessors Map Reference: MB699 PG578
  • Account Number: 88788
  • District: 06
  • Parcel: 59-A-10B
  • Municipality: ROYAL OAK
  • Latitude: 36.8277
  • Longitude: -81.4485

    Address

  • Full Address: 586 Dry Run
  • Address - House Number: 586
  • Address - Street Name: Dry
  • Address - Suffix Type: Run
  • State: VA
  • City Name: Marion
  • Carrier Code: R001
  • 4-Digit Zip Code: 4242
  • Zip Code: 24354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,495

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 251,870
  • High Value: 363,317
  • Low Value: 140,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,813
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 22, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $151,813
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $16,500
  • Market Improvement Value: $185,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $185,500

About Smyth



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Frequently Asked Questions

What neighborhood is 586 Dry Run located in?
The 586 Dry Run is a located in the neighborhood of Smyth in Smyth, Marion.
What is the average sales price for listings in 586 Dry Run?
The average sales price for units in 586 Dry Run is $0 currently.

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