740 Summit Lane

Local assessors in Bracey, VA have categorized 740 Summit Lane as a type of property. The property's lot size has been calculated to be 85,247 square feet.

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. 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, 740 Summit Lane sold most recently in May 15, 2023 for a total of $650,000. Before that, the property was also sold for $395,000 in Oct 8, 2020. 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 $214,175 in taxes each year. 740 Summit Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,500. If we break it down further, the land itself was valued at $88,000. Improvements to the property, however, were assessed at a total of $241,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.