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6811 Cedar Lake Drive

6811 Cedar Lake Drive, Gloucester, VA 23061
House in Gloucester
Sold Jun 17, 2020
$254,000
$263,144 by Ovm Financial Inc
Mortgage
Local assessors in Gloucester, VA have categorized 6811 Cedar Lake Drive as a residential type of property. The home was built in 1884 and is 140 years old. The property's lot size has been calculated to be 112,820 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 2 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 6811 Cedar Lake Drive has a total of 2,466 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. 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 no garage for those who need a place to park their vehicle. 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 alum/vinyl siding 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 forced air unit 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, 6811 Cedar Lake Drive sold most recently in May 29, 2020 for a total of $254,000. If you work out the math, that's approximately a cost of $103.00 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 $1,669 in taxes each year. 6811 Cedar Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,300. If we break it down further, the land itself was valued at $55,550. Improvements to the property, however, were assessed at a total of $230,750. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Vinyl Siding

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 112,820
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,466
  • Building Area: 2,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,466
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PLAT: PDB205 199
  • Land Acres: 2.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PONDS

Ownership

  • Current Owner : SWALLOW MICHAEL E
  • Current Owner 2: SWALLOW JOY R
  • Previous Owner : RICE GARY W
  • Previous Owner 2: HIGGINS TONYA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloucester County Public Schools
  • Census Tract: 100201

Zoning

  • Zoning: SF-1

Geography

  • Assessors Map Reference: 025 30D
  • District: 2
  • Parcel: 16623
  • Municipality: WARE
  • Latitude: 37.4304
  • Longitude: -76.5192

    Address

  • Full Address: 6811 Cedar Lake Dr
  • Address - House Number: 6811
  • Address - Street Name: Cedar Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Gloucester
  • Carrier Code: R013
  • 4-Digit Zip Code: 4233
  • Zip Code: 23061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,669

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 367,675
  • High Value: 437,411
  • Low Value: 297,938

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $313,144
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $263,144
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 06, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 30, 2047

    Market Valuation

  • Market Total Value: $286,300
  • Market Land Value: $55,550
  • Market Improvement Value: $230,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,300
  • Assessed Land Value: $55,550
  • Assessed Improvements Value: $230,750

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Transaction ID: 11772774738
  • Current Sale Price: $254,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200002879

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jun 17, 2020
  • First Mortgage Loan Amount: $263,144
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gloucester



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Frequently Asked Questions

What neighborhood is 6811 Cedar Lake Drive located in?
The 6811 Cedar Lake Drive is a house located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 6811 Cedar Lake Drive?
The average sales price for units in 6811 Cedar Lake Drive is $0 currently.

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