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7151 Preston Court

7151 Preston Court, Gloucester, VA 23061
Property in Gloucester
Sold Aug 16, 2019
$245,000
$240,562 by Tidewater Home Funding Llc
Mortgage
Sold Jul 20, 2007
$274,000
$279,891 by Usaa Fsb
Mortgage Due Aug 01, 2037
Local assessors in Gloucester, VA have categorized 7151 Preston Court as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 33,541 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 3 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 7151 Preston Court has a total of 1,826 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 garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 heat pump is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7151 Preston Court was last sold in Jul 30, 2019 for $245,000. According to our calculations, that's $134.17 per sqft. Prior to that sales transaction, the property was sold for $274,000 in Jul 19, 2007. Current property owners are expected to pay $1,692 in taxes per year. The property on 7151 Preston Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $290,180. To break that down further, the land itself was valued at $65,380. While improvements to the property were assessed at a total of $224,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • 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: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 33,541
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,826
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PLAT: PB22 1198
  • Land Acres: 0.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUNTERS RUN, SEC II LOT 50

Ownership

  • Current Owner : ALLISON RAYMOND C
  • Previous Owner : BARNES MICHAEL CURRY
  • Previous Owner 2: BARNES JENNA ASHLEY
  • Owner Before Previous Owner: ULLERY JOHN F
  • Owner Before Previous Owner 2: ULLERY PEGGY L
  • 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: 025F 5 50
  • District: 2
  • Parcel: 27226
  • Lot: 50
  • Municipality: WARE
  • Latitude: 37.4405
  • Longitude: -76.5068

    Address

  • Full Address: 7151 Preston Ct
  • Address - House Number: 7151
  • Address - Street Name: Preston
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Gloucester
  • Carrier Code: R012
  • 4-Digit Zip Code: 5269
  • Zip Code: 23061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,692

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 75
  • Final Value: 347,224
  • High Value: 411,935
  • Low Value: 282,514

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $273,461
  • First Open Lien Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 16, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $240,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 08, 2022
  • Second Open Lien Mortgage Loan Amount: $32,899
  • Second Open Lien Mortgage Term: 330
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $290,180
  • Market Land Value: $65,380
  • Market Improvement Value: $224,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,180
  • Assessed Land Value: $65,380
  • Assessed Improvements Value: $224,800

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Transaction ID: 11644027096
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190003520
  • Previous Sale Recording Date: Jul 20, 2007
  • Previous Sale Contract Date: Jul 19, 2007
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Mortgage Transaction Date: Aug 16, 2019
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Jul 20, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $279,891
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Gloucester



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Frequently Asked Questions

What neighborhood is 7151 Preston Court located in?
The 7151 Preston Court is a located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 7151 Preston Court?
The average sales price for units in 7151 Preston Court is $0 currently.

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