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59 Bay View Circle

59 Bay View Circle, Penhook, VA 24137
House in Franklin
Local assessors in Penhook, VA have categorized 59 Bay View Circle as a type of property. The home was built in 2000 and is 26 years old. The property's lot size has been calculated to be 39,038 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 59 Bay View Circle has a total of 3,944 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a that is 3,479 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 864 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 59 Bay View Circle sold most recently in Mar 30, 2023 for a total of $3,000,000. If you work out the math, that's approximately a cost of $760.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $951,906 in taxes each year. 59 Bay View Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,560,500. If we break it down further, the land itself was valued at $411,300. Improvements to the property, however, were assessed at a total of $1,149,200. 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.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

Brick Exterior

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221123
11/23/2022
5 Bed
7 Bath
7394 ft²
$3,500,000
bedrooms
5 Bed
bathrooms
7 Bath
square feet
7394 ft²
-
-
DEBBIE SHELTON
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE


Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 3,479
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,038
  • Total Building Area: 3,944
  • Building Area: 3,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,944
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE WATER'S EDG
  • Land Acres: 0000000896
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: THE WATER'S EDGE LOT 356 SEC 6

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020102

Zoning

  • Zoning: RPD

Geography

  • Section: 6
  • Parcel: 051 09-123 00
  • Lot: 356
  • Municipality: UNION HALL
  • Latitude: 37.0194
  • Longitude: -79.6042

    Address

  • Full Address: 59 Bay View Cir
  • Address - House Number: 59
  • Address - Street Name: Bay View
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Penhook
  • Carrier Code: R003
  • 4-Digit Zip Code: 5203
  • Zip Code: 24137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $951,906

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 2,516,043
  • High Value: 3,159,135
  • Low Value: 1,872,951

    Market Valuation

  • Market Total Value: $1,560,500
  • Market Land Value: $411,300
  • Market Improvement Value: $1,149,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,560,500
  • Assessed Land Value: $411,300
  • Assessed Improvements Value: $1,149,200

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1659

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Penhook



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Frequently Asked Questions

What neighborhood is 59 Bay View Circle located in?
The 59 Bay View Circle is a house located in the neighborhood of Franklin in Penhook, Penhook.
What is the average sales price for listings in 59 Bay View Circle?
The average sales price for units in 59 Bay View Circle is $0 currently.