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7267 Traphill Way

7267 Traphill Way, Gainesville, VA 20155
Property in Somerset
Sold Nov 01, 2021
$435,000
$358,500 by First Savings Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Apr 02, 2002
$206,000
Seller
$202,817 by Nvr Mortgage
Mortgage
Local assessors in Gainesville, VA have categorized 7267 Traphill Way as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 1,982 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 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 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 7267 Traphill Way has a total of 1,364 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 28, 2021 for $435,000. That's $318.91 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2002 for $206,000. 7267 Traphill Way was last assessed in 2022. The total value of the property was assessed at $387,200. Specifically, the land the property is located on was valued at $112,100. While improvements on the property were assessed at a total of $275,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,424. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 660
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,982
  • Total Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SOMERSET SEC 1 L-29

Ownership

  • Current Owner : COHEN STEVEN
  • Previous Owner : HAGAN MICHAEL
  • Owner Before Previous Owner: NVR INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R6

Geography

  • Account Number: 215680
  • Section: 1
  • Parcel: 7397-05-9654
  • Block: 05
  • Lot: 29
  • Municipality: GAINESVILLE
  • Latitude: 38.7999
  • Longitude: -77.6297

    Address

  • Full Address: 7267 Traphill Way
  • Address - House Number: 7267
  • 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: $4,424

    Appraisal Valuation

  • Standard Deviation: 0.0977
  • Valuation Date: May 17, 2023
  • Confidence Score: 91
  • Final Value: 459,602
  • High Value: 504,511
  • Low Value: 414,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,500
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $358,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $387,200
  • Market Land Value: $112,100
  • Market Improvement Value: $275,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $387,200
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $275,100

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864308134
  • Current Sale Price: $435,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202111010124223
  • Previous Sale Recording Date: Apr 02, 2002
  • Previous Sale Contract Date: Mar 29, 2002
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $358,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NVR MORTGAGE
  • Previous Mortgage Transaction Date: Apr 02, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $202,817
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Gainesville



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Frequently Asked Questions

What neighborhood is 7267 Traphill Way located in?
The 7267 Traphill Way is a located in the neighborhood of Somerset in Gainesville, Gainesville.
What is the average sales price for listings in 7267 Traphill Way?
The average sales price for units in 7267 Traphill Way is $0 currently.

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