7020 Oak Level Road

7020 Oak Level Road in Bassett, VA was first built in 1943 and is 81 years old. This has been categorized as a residential property type. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7020 Oak Level Road has 1,321 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 27,322 square feet.

Learn more about the property and building on this page. 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, 7020 Oak Level Road sold most recently in Dec 20, 2016 for a total of $89,000. If you work out the math, that's approximately a cost of $67.37 per sqft. Before that, the property was also sold for $37,000 in Jan 1, 1970. 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 $425 in taxes each year. 7020 Oak Level Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,500. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $68,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.