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7235 Traphill Way

7235 Traphill Way, Gainesville, VA 20155
House in Somerset
Sold Jan 08, 2021
$340,000
$333,841 by Atlantic Coast Mortgage
Mortgage Due Feb 01, 2051
Sold May 01, 2006
$352,000
$352,000 by Virginia Housing Dev Auth
Mortgage
Local assessors in Gainesville, VA have categorized 7235 Traphill Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 1,760 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 3 full bathrooms. There are also 4 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 7235 Traphill Way has a total of 1,378 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 660 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 7235 Traphill Way sold most recently in Jan 7, 2021 for a total of $340,000. If you work out the math, that's approximately a cost of $246.73 per sqft. Before that, the property was also sold for $352,000 in Apr 28, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,429 in taxes each year. 7235 Traphill Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $387,700. If we break it down further, the land itself was valued at $112,000. Improvements to the property, however, were assessed at a total of $275,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 660
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,760
  • Total Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SOMERSET SEC 1 L-15A

Ownership

  • Current Owner : RILEY CASEY DONOVAN
  • Current Owner 2: RILEY DANIELLE
  • Previous Owner : MURPHY SHAWN M
  • Owner Before Previous Owner: REEDER RALPH P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Prince William County Public Schools
  • School Tax School District: GAINESVILLE
  • Census Tract: 901508

Zoning

  • Zoning: R6

Geography

  • Account Number: 215666
  • Section: 1
  • Parcel: 7397-05-8691
  • Block: 05
  • Lot: 15A
  • Municipality: GAINESVILLE
  • Latitude: 38.8009
  • Longitude: -77.6299

    Address

  • Full Address: 7235 Traphill Way
  • Address - House Number: 7235
  • Address - Street Name: Traphill
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Gainesville
  • Carrier Code: R003
  • 4-Digit Zip Code: 4831
  • Zip Code: 20155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,429

    Appraisal Valuation

  • Standard Deviation: 0.0963
  • Valuation Date: May 17, 2023
  • Confidence Score: 91
  • Final Value: 462,526
  • High Value: 507,086
  • Low Value: 417,965

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $428,841
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $333,841
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Second Open Lien Mortgage Lender: 1ST ADVANTAGE FEDERAL CREDIT U
  • Second Open Lien Mortgage Recording Date: May 06, 2022
  • Second Open Lien Mortgage Loan Amount: $95,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 25, 2052

    Market Valuation

  • Market Total Value: $387,700
  • Market Land Value: $112,000
  • Market Improvement Value: $275,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $387,700
  • Assessed Land Value: $112,000
  • Assessed Improvements Value: $275,700

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11816131282
  • Current Sale Price: $340,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202101080003535
  • Previous Sale Recording Date: May 01, 2006
  • Previous Sale Contract Date: Apr 28, 2006
  • Previous Sale Amount: $352,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $333,841
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • Previous Mortgage Transaction Date: May 01, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $352,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7235 Traphill Way located in?
The 7235 Traphill Way is a house located in the neighborhood of Somerset in Gainesville, Gainesville.
What is the average sales price for listings in 7235 Traphill Way?
The average sales price for units in 7235 Traphill Way is $0 currently.

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