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7748 James Monroe Way

7748 James Monroe Way, Gloucester, VA 23061
Property in Gloucester
Sold Jan 18, 2012
$382,900
$67,000 by C & F Mortgage Corp
Mortgage Due Feb 01, 2042
Local assessors in Gloucester, VA have categorized 7748 James Monroe Way as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 34,848 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 7748 James Monroe Way has a total of 2,706 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 1,014 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was 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. The home's a heat pump is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7748 James Monroe Way was last sold in Jan 13, 2012 for $382,900. According to our calculations, that's $141.50 per sqft. Current property owners are expected to pay $2,670 in taxes per year. The property on 7748 James Monroe Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $458,000. To break that down further, the land itself was valued at $73,600. While improvements to the property were assessed at a total of $384,400. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2011
  • Effective Year Built: 2011
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,014
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 2,706
  • Building Area: 2,706
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,706
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PATRIOTS WALK
  • Land Acres: 0.8
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PATRIOTS WALK SUBD LOT 9 COW CREEK POND

Ownership

  • Current Owner : SMITH HILTON C
  • Current Owner 2: SMITH JUDITH E
  • Previous Owner : COW CREEK LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gloucester County Public Schools
  • Census Tract: 100201

Zoning

  • Zoning: SC-1

Geography

  • Assessors Map Reference: 026D 1 9
  • District: 2
  • Parcel: 42808
  • Lot: 9
  • Municipality: WARE
  • Latitude: 37.4414
  • Longitude: -76.4866

    Address

  • Full Address: 7748 James Monroe Way
  • Address - House Number: 7748
  • Address - Street Name: James Monroe
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Gloucester
  • Carrier Code: R012
  • 4-Digit Zip Code: 5343
  • Zip Code: 23061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,670

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 78
  • Final Value: 512,807
  • High Value: 598,404
  • Low Value: 427,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,000
  • First Open Lien Mortgage Lender: C & F MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 18, 2012
  • First Open Lien Mortgage Loan Amount: $67,000
  • 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: Feb 01, 2042

    Market Valuation

  • Market Total Value: $458,000
  • Market Land Value: $73,600
  • Market Improvement Value: $384,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,000
  • Assessed Land Value: $73,600
  • Assessed Improvements Value: $384,400

    Sales

  • Current Sale Contract Date: Jan 13, 2012
  • Current Sale Recording Date: Jan 18, 2012
  • Current Sale Transaction ID: 1005631740
  • Current Sale Price: $382,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120000311

    Last Sale Mortgage

  • First Mortgage Lender: C & F MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 18, 2012
  • First Mortgage Loan Amount: $67,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2042

About Gloucester



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Frequently Asked Questions

What neighborhood is 7748 James Monroe Way located in?
The 7748 James Monroe Way is a located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 7748 James Monroe Way?
The average sales price for units in 7748 James Monroe Way is $0 currently.

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