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601 McCorkle Drive

601 McCorkle Drive, Lexington, VA 24450
House in Lexington
1 Units For Sale
Unit for sale at 601 McCorkle Dr, Lexington, VA 24450

$179,900

  • Loft
  • 2 Baths
  • 1,510 ft²
601 McCorkle Dr, Lexington, VA 24450 Listing by Karen Little

601 McCorkle Drive has been categorized by the local assessors in Lexington, VA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 601 McCorkle Drive has 1,510 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 41,818 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. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 601 McCorkle Drive sold most recently in Mar 22, 2018 for a total of $54,000. If you work out the math, that's approximately a cost of $35.76 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 $1,249 in taxes each year. 601 McCorkle Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,833. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $95,833. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220701
07/01/2022
4 Bed
2 Bath
2150 ft²
$219,500
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2150 ft²
-
-
-
Adam Stinespring
Keller Williams
20170730
07/30/2017
3 Bed
2 Bath
1510 ft²
$80,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1510 ft²
$54,000 -32.50%
04/11/2018
Melissa Holland

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 755
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 1,510
  • Building Area: 1,510
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,510
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: 601 MCCORKLE DR LOT APPROX .96 AC INST #230001600

Ownership

  • Current Owner : WHIPPLE ROBERT L
  • Previous Owner : BROWN JAMES W
  • Previous Owner 2: BROWN PEGGY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington City Public Schools
  • Census Tract: 930501

Zoning

  • Zoning: R1

Geography

  • Account Number: 606
  • District: 1
  • Parcel: 18 1 45
  • Municipality: CITY OF LEXINGTON
  • Latitude: 37.7866
  • Longitude: -79.4291

    Address

  • Full Address: 601 Mccorkle Dr
  • Address - House Number: 601
  • Address - Street Name: Mccorkle
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lexington
  • Carrier Code: C002
  • 4-Digit Zip Code: 2916
  • Zip Code: 24450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,249

    Appraisal Valuation

  • Standard Deviation: 0.0821
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 170,736
  • High Value: 184,759
  • Low Value: 156,713

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,509
  • First Open Lien Mortgage Lender: ALCOVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Loan Amount: $190,509
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $135,833
  • Market Land Value: $40,000
  • Market Improvement Value: $95,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,833
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $95,833

    Sales

  • Current Sale Contract Date: Mar 22, 2018
  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Transaction ID: 11448939193
  • Current Sale Price: $54,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 180000912

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF BOTETOURT
  • First Mortgage Transaction Date: Apr 11, 2018
  • First Mortgage Loan Amount: $43,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Lexington



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Frequently Asked Questions

What neighborhood is 601 McCorkle Drive located in?
The 601 McCorkle Drive is a house located in the neighborhood of Lexington in Lexington, Lexington.
How many listings are currently for sale in 601 McCorkle Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 601 McCorkle Drive?
The average sales price for units in 601 McCorkle Drive is $80,000 , or $53/sqft. currently.

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