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60 Old Mayo Forge Road

60 Old Mayo Forge Road, Patrick Springs, VA 24133
Property in Patrick
Sold Sep 05, 2023
$475,000
$285,000 by First Bank And Trust Company
Mortgage Due Sep 01, 2053
Sold Sep 02, 2020
$315,000
$283,500 by Navy Federal Credit Union
Mortgage
Local assessors in Patrick Springs, VA have categorized 60 Old Mayo Forge Road as a residential type of property. The property's lot size has been calculated to be 204,863 square feet.

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. 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, 60 Old Mayo Forge Road was last sold in Aug 24, 2023 for $475,000. Prior to that sales transaction, the property was sold for $315,000 in Aug 31, 2020. Current property owners are expected to pay $1,229 in taxes per year. The property on 60 Old Mayo Forge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $168,400. To break that down further, the land itself was valued at $37,300. While improvements to the property were assessed at a total of $131,100. 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. 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.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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 204,863
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.703
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N MAYO R PL:254-K I#20-1442

Ownership

  • Current Owner : EDWARDS STEPHEN LEE
  • Current Owner 2: EDWARDS EMILY RUTH
  • Previous Owner : CARLSON JASON GABRIEL
  • Previous Owner 2: CARLSON PATRICIA AMIE
  • Owner Before Previous Owner: HARKEY NATHAN L
  • Owner Before Previous Owner 2: HARKEY LISA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Patrick County Public Schools
  • School Tax School District: MAYO RIVER
  • Census Tract: 030302

Geography

  • Assessors Map Reference: BK 254 PG K
  • Account Number: 95063
  • District: P3
  • Parcel: 5313.00.29
  • Lot: 29
  • Municipality: PATRICK
  • Latitude: 36.6928
  • Longitude: -80.0889

    Address

  • Full Address: 60 Old Mayo Forge Rd
  • Address - House Number: 60
  • Address - Street Name: Old Mayo Forge
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Patrick Springs
  • Carrier Code: R001
  • 4-Digit Zip Code: 3638
  • Zip Code: 24133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,229

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 80
  • Final Value: 470,849
  • High Value: 546,166
  • Low Value: 395,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $168,400
  • Market Land Value: $37,300
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,400
  • Assessed Land Value: $37,300
  • Assessed Improvements Value: $131,100

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Transaction ID: 11913070462
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1608
  • Previous Sale Recording Date: Sep 02, 2020
  • Previous Sale Contract Date: Aug 31, 2020
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Mortgage Transaction Date: Sep 05, 2023
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Sep 02, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $283,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Patrick



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Frequently Asked Questions

What neighborhood is 60 Old Mayo Forge Road located in?
The 60 Old Mayo Forge Road is a other located in the neighborhood of Patrick in Patrick, Patrick Springs.
What is the average sales price for listings in 60 Old Mayo Forge Road?
The average sales price for units in 60 Old Mayo Forge Road is $325,000 , or $141/sqft. currently.

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