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5981 Scott Road

5981 Scott Road, Gloucester, VA 23061
Property in Gloucester
Sold Nov 09, 2021
$250,000
$250,000 by Sierra Pacific Mortgage Compan
Mortgage Due Dec 01, 2051
Local assessors in Gloucester, VA have categorized 5981 Scott Road as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 23,522 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5981 Scott Road has a total of 1,740 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 a well system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 2 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 open porch 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 average. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. 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, 5981 Scott Road sold most recently in Nov 8, 2021 for a total of $250,000. If you work out the math, that's approximately a cost of $143.68 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 $1,676 in taxes each year. 5981 Scott Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $287,480. If we break it down further, the land itself was valued at $55,490. Improvements to the property, however, were assessed at a total of $231,990. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,740
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: HUTCHESONS
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUTCHESONS SUB LOT 38

Ownership

  • Current Owner : WILSON CLAY ALLEN
  • Previous Owner : MCNUTT KATHY JUNE FAIR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloucester County Public Schools
  • Census Tract: 100202

Zoning

  • Zoning: SF-1

Geography

  • Assessors Map Reference: 031C 2 38
  • District: 3
  • Parcel: 20924
  • Lot: 38
  • Municipality: ABINGDON
  • Latitude: 37.4126
  • Longitude: -76.548

    Address

  • Full Address: 5981 Scott Rd
  • Address - House Number: 5981
  • Address - Street Name: Scott
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Gloucester
  • Carrier Code: R008
  • 4-Digit Zip Code: 4308
  • Zip Code: 23061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,676

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 68
  • Final Value: 303,978
  • High Value: 373,311
  • Low Value: 234,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $287,480
  • Market Land Value: $55,490
  • Market Improvement Value: $231,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,480
  • Assessed Land Value: $55,490
  • Assessed Improvements Value: $231,990

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11870028867
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210007968

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 298
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 27, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gloucester Courthouse



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5981 Scott Road located in?
The 5981 Scott Road is a located in the neighborhood of Gloucester in Gloucester Courthouse, Gloucester.
What is the average sales price for listings in 5981 Scott Road?
The average sales price for units in 5981 Scott Road is $0 currently.

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