Check Availability

7472 Lake Terrell Drive

7472 Lake Terrell Drive, Mechanicsville, VA 23111
Property in Hanover
Sold Dec 14, 2017
$339,900
$356,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2052
Local assessors in Mechanicsville, VA have categorized 7472 Lake Terrell Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 15,072 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 7472 Lake Terrell Drive has a total of 3,216 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. 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 728 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. The building has a roof that is 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 central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7472 Lake Terrell Drive sold most recently in Dec 7, 2017 for a total of $339,900. If you work out the math, that's approximately a cost of $105.69 per sqft. 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 $3,561 in taxes each year. 7472 Lake Terrell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $439,600. If we break it down further, the land itself was valued at $73,500. Improvements to the property, however, were assessed at a total of $366,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Other
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,072
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,216
  • Gross Building Area: 2,904
  • Building Area: 3,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWBRIDGE
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOWBRIDGE LOT 7 BLK B SEC 2

Ownership

  • Current Owner : KELLY BRENT K
  • Current Owner 2: KELLY KIMBERLY N
  • Previous Owner : ISLEY LAURA L
  • Previous Owner 2: ISLEY MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hanover County Public Schools
  • Census Tract: 321100

Zoning

  • Zoning: R-1 SINGLE

Geography

  • Account Number: 10202816
  • District: 6
  • Section: 2
  • Parcel: 8704-59-5493
  • Block: B
  • Lot: 7
  • Municipality: MECHANICSVILLE
  • Latitude: 37.6151
  • Longitude: -77.3859

    Address

  • Full Address: 7472 Lake Terrell Dr
  • Address - House Number: 7472
  • Address - Street Name: Lake Terrell
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Mechanicsville
  • Carrier Code: C001
  • 4-Digit Zip Code: 5907
  • Zip Code: 23111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,561

    Appraisal Valuation

  • Standard Deviation: 0.1434
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 82
  • Final Value: 472,448
  • High Value: 540,221
  • Low Value: 404,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2022
  • First Open Lien Mortgage Loan Amount: $356,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $439,600
  • Market Land Value: $73,500
  • Market Improvement Value: $366,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,600
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $366,100

    Sales

  • Current Sale Contract Date: Dec 07, 2017
  • Current Sale Recording Date: Dec 14, 2017
  • Current Sale Transaction ID: 11337264346
  • Current Sale Price: $339,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20171214000160470

    Last Sale Mortgage

  • First Mortgage Lender: USAA FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Dec 14, 2017
  • First Mortgage Loan Amount: $339,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Mechanicsville



Similar Buildings

Property at 7472 Lake Terrell Drive,

8167 Hillis Way

  • 1 Unit for Sale
8167 Hillis Way, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7447 Rose Stable Court

  • 1 Unit for Sale
7447 Rose Stable Court, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7373 Sunshine Court

  • 1 Unit for Sale
7373 Sunshine Court, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

8233 North Mayfield Lane

  • 1 Unit for Sale
8233 North Mayfield Lane, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

8211 Oak Street

  • 1 Unit for Sale
8211 Oak Street, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7299 Atlee Road

  • 1 Unit for Sale
7299 Atlee Road, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7245 Dogwood Place

  • 1 Unit for Sale
7245 Dogwood Place, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7291 Atlee Road

  • 1 Unit for Sale
7291 Atlee Road, Mechanicsville, VA 23111
Property at 7472 Lake Terrell Drive,

7118 Kella Way

  • 1 Unit for Sale
7118 Kella Way, Mechanicsville, VA 23111

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7472 Lake Terrell Drive located in?
The 7472 Lake Terrell Drive is a located in the neighborhood of Hanover in Mechanicsville, Mechanicsville.
What is the average sales price for listings in 7472 Lake Terrell Drive?
The average sales price for units in 7472 Lake Terrell Drive is $0 currently.

Quantcast