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770 Cornell Road

770 Cornell Road, Rocky Mount, VA 24151
Property in Franklin
This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 135,036 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a mixed used garage. The garage is 2,112 sqft. There are a total of 8 available parking spaces. The condition of the building has been evaluated as average. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. 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, 770 Cornell Road sold most recently in Dec 7, 2020 for a total of $150,000. 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 $641 in taxes each year. The initial year of tax delinquency occurred in 2016. 770 Cornell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,100. If we break it down further, the land itself was valued at $71,000. Improvements to the property, however, were assessed at a total of $34,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: Average
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 2,112
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Land Acres: 3.1
  • Standard Land Use Code: Commercial (general)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: N RT 220 BY-PASS

Ownership

  • Current Owner : VIA PHILLIP M
  • Previous Owner : PARKER GREGORY SCOTT

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020400

Zoning

  • Zoning: GB

Geography

  • Parcel: 201 00-095 00
  • Municipality: TOWN OF ROCKY MOUNT
  • Latitude: 37.025
  • Longitude: -79.8795

    Address

  • Full Address: 770 Cornell Rd
  • Address - House Number: 770
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Rocky Mount
  • Carrier Code: R009
  • 4-Digit Zip Code: 2228
  • Zip Code: 24151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $641
  • Intital Tax Deliquent Year: 2016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 07, 2050

    Market Valuation

  • Market Total Value: $105,100
  • Market Land Value: $71,000
  • Market Improvement Value: $34,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,100
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $34,100

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Transaction ID: 11807440515
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200010062

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • First Mortgage Transaction Date: Dec 07, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Rocky Mount



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Frequently Asked Questions

What neighborhood is 770 Cornell Road located in?
The 770 Cornell Road is a located in the neighborhood of Franklin in Rocky Mount, Rocky Mount.
What is the average sales price for listings in 770 Cornell Road?
The average sales price for units in 770 Cornell Road is $0 currently.

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