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670 Fairchance Road

670 Fairchance Road, Morgantown, WV 26508
Property in Cheat Lake
Local assessors in Morgantown, WV have categorized 670 Fairchance Road as a commercial type of property. The property's lot size has been calculated to be 12,632 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. The home sources its water from a municipal 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. 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, 670 Fairchance Road sold most recently in Mar 20, 2017 for a total of $85,000. 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 $2,735 in taxes each year. 670 Fairchance Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,860. If we break it down further, the land itself was valued at $80,220. Improvements to the property, however, were assessed at a total of $47,640. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: CHEAT NECK
  • Land Acres: 0.29
  • Standard Land Use Code: Bar, taver
  • Legal Description 1: 0.2641 AC CAL SUR CHEAT NECK

Ownership

  • Current Owner : MORGANTOWN PROPERTIES LLC
  • Previous Owner : PAPPAS KEITH J
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monongalia School District
  • Census Tract: 011805

Geography

  • District: 18
  • Parcel: 31-18- 15-0031.0001
  • Municipality: UNION
  • Latitude: 39.6858
  • Longitude: -79.8317

    Address

  • Full Address: 670 Fairchance Rd
  • Address - House Number: 670
  • Address - Street Name: Fairchance
  • Address - Suffix Type: Rd
  • State: WV
  • City Name: Morgantown
  • Zip Code: 26508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,000
  • First Open Lien Mortgage Lender: CLEAR MOUNTAIN BANK
  • First Open Lien Mortgage Recording Date: Apr 04, 2017
  • First Open Lien Mortgage Loan Amount: $72,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $213,100
  • Market Land Value: $133,700
  • Market Improvement Value: $79,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,860
  • Assessed Land Value: $80,220
  • Assessed Improvements Value: $47,640

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Transaction ID: 1807137869
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 680302

    Last Sale Mortgage

  • First Mortgage Lender: CLEAR MOUNTAIN BANK
  • First Mortgage Transaction Date: Apr 04, 2017
  • First Mortgage Loan Amount: $72,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Cheat Lake



Similar Buildings

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Nearby Rentals

Unit for rent at 703 Lakeview Estates, Morgantown, WV, 26508

$1,900 /mo

  • 2 Beds
  • 3.5 Baths
703 Lakeview Estates, Morgantown, WV, 26508 Listing by SHERRI LOWTHER

Frequently Asked Questions

What neighborhood is 670 Fairchance Road located in?
The 670 Fairchance Road is a located in the neighborhood of Cheat Lake in Cheat Lake, Morgantown.
What is the average sales price for listings in 670 Fairchance Road?
The average sales price for units in 670 Fairchance Road is $0 currently.

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