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728 Reed Patch Road

728 Reed Patch Road, Jonesville, VA 24263
Property in Lee
Refi Sep 10, 2020
Transfer
$100,000 by Powell Valley National Bank
Mortgage
728 Reed Patch Road has been categorized by the local assessors in Jonesville, VA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 196,020 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $707 in taxes per year. The property on 728 Reed Patch Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $114,200. To break that down further, the land itself was valued at $14,000. While improvements to the property were assessed at a total of $100,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1978
  • Effective Year Built: 1978
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D+
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 196,020
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: A A ROOP EST

Neighborhood

  • School District Name: Lee County Public Schools
  • Census Tract: 950500

Geography

  • Account Number: 14348
  • District: 1
  • Parcel: 54-(9)-TR2
  • Municipality: JONESVILLE DISTRICT
  • Latitude: 36.6834
  • Longitude: -83.0758

    Address

  • Full Address: 728 Reed Patch Rd
  • Address - House Number: 728
  • Address - Street Name: Reed Patch
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Jonesville
  • Carrier Code: R003
  • 4-Digit Zip Code: 8186
  • Zip Code: 24263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $707

    Appraisal Valuation

  • Standard Deviation: 0.1015
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 79
  • Final Value: 366,533
  • High Value: 403,740
  • Low Value: 329,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: POWELL VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $114,200
  • Market Land Value: $14,000
  • Market Improvement Value: $100,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,200
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $100,200

About Lee



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Frequently Asked Questions

What neighborhood is 728 Reed Patch Road located in?
The 728 Reed Patch Road is a located in the neighborhood of Lee in Lee, Jonesville.
What is the average sales price for listings in 728 Reed Patch Road?
The average sales price for units in 728 Reed Patch Road is $0 currently.

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