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703 Aspen Avenue

703 Aspen Avenue, Grottoes, VA 24441
Property in Rockingham
Sold Sep 14, 2018
$228,900
$8,011 by Vbs Mortgage Llc
Mortgage Due Oct 01, 2048
703 Aspen Avenue has been categorized by the local assessors in Grottoes, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 703 Aspen Avenue has 1,820 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 3,049 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. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 703 Aspen Avenue sold most recently in Aug 29, 2018 for a total of $228,900. If you work out the math, that's approximately a cost of $125.77 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 $1,654 in taxes each year. 703 Aspen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $243,200. 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 $235,200. 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.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.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE BUSINESS PORTION OF SHENDUN
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 8 B 6

Ownership

  • Current Owner : MICKELSON BRIAN E
  • Previous Owner : PITTMAN JAMES T
  • Previous Owner 2: PITTMAN GLORIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockingham County Public Schools
  • Census Tract: 012000

Zoning

  • Zoning: TOWN

Geography

  • Account Number: 27994
  • District: 7
  • Parcel: 160D4-(1)-B 6 L8
  • Lot: 8
  • Municipality: GROTTOES
  • Latitude: 38.2652
  • Longitude: -78.8208

    Address

  • Full Address: 703 Aspen Ave
  • Address - House Number: 703
  • Address - Street Name: Aspen
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Grottoes
  • Carrier Code: R004
  • 4-Digit Zip Code: 1736
  • Zip Code: 24441

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,654

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 74
  • Final Value: 326,398
  • High Value: 389,798
  • Low Value: 262,997

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $60,588
  • First Open Lien Mortgage Lender: VBS MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2018
  • First Open Lien Mortgage Loan Amount: $8,011
  • 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: Oct 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Apr 03, 2023
  • Second Open Lien Mortgage Loan Amount: $52,577
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $243,200
  • Market Land Value: $8,000
  • Market Improvement Value: $235,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,200
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $235,200

    Sales

  • Current Sale Contract Date: Aug 29, 2018
  • Current Sale Recording Date: Sep 14, 2018
  • Current Sale Transaction ID: 11509110722
  • Current Sale Price: $228,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-00024800

    Last Sale Mortgage

  • First Mortgage Lender: VBS MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 14, 2018
  • First Mortgage Loan Amount: $8,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

About Grottoes



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Frequently Asked Questions

What neighborhood is 703 Aspen Avenue located in?
The 703 Aspen Avenue is a located in the neighborhood of Rockingham in Grottoes, Grottoes.
What is the average sales price for listings in 703 Aspen Avenue?
The average sales price for units in 703 Aspen Avenue is $0 currently.

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