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7840 Upper Possum Creek Road

7840 Upper Possum Creek Road, Gate City, VA 24251
Property in Scott
Sold Nov 16, 2009
$72,500
$70,989 by Peoples Home Equity Inc
Mortgage Due Dec 01, 2039
Local assessors in Gate City, VA have categorized 7840 Upper Possum Creek Road as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 570,636 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7840 Upper Possum Creek Road has a total of 756 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. Do you like to entertain? The home has a 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 poor. The building has a gable or hip style roof that was made of metal. 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 air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 13, 2009 for $72,500. That's $95.90 per sqft. 7840 Upper Possum Creek Road was last assessed in 2023. The total value of the property was assessed at $61,900. Specifically, the land the property is located on was valued at $36,200. While improvements on the property were assessed at a total of $25,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $477. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 570,636
  • Lot Size Frontage Feet: 0
  • Total Building Area: 756
  • Building Area: 756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 756
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 13.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: OPPOSSUM CREEK

Ownership

  • Current Owner : LANE JASON
  • Current Owner 2: LANE AMY
  • Previous Owner : TIPTON MARK
  • Previous Owner 2: TIPTON MARY

Neighborhood

  • School District Name: Scott County Public Schools
  • Census Tract: 030200

Geography

  • Account Number: 4664
  • Parcel: 162 A 29
  • Municipality: ESTILLVILLE DISTRICT
  • Latitude: 36.6117
  • Longitude: -82.7593

    Address

  • Full Address: 7840 Upper Possum Creek Rd
  • Address - House Number: 7840
  • Address - Street Name: Upper Possum Creek
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Gate City
  • Carrier Code: R003
  • 4-Digit Zip Code: 3446
  • Zip Code: 24251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,989
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2009
  • First Open Lien Mortgage Loan Amount: $70,989
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2039

    Market Valuation

  • Market Total Value: $61,900
  • Market Land Value: $36,200
  • Market Improvement Value: $25,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,900
  • Assessed Land Value: $36,200
  • Assessed Improvements Value: $25,700

    Sales

  • Current Sale Contract Date: Nov 13, 2009
  • Current Sale Recording Date: Nov 16, 2009
  • Current Sale Transaction ID: 11444511506
  • Current Sale Price: $72,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Nov 16, 2009
  • First Mortgage Loan Amount: $70,989
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2039

About Scott



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Frequently Asked Questions

What neighborhood is 7840 Upper Possum Creek Road located in?
The 7840 Upper Possum Creek Road is a located in the neighborhood of Scott in Scott, Gate City.
What is the average sales price for listings in 7840 Upper Possum Creek Road?
The average sales price for units in 7840 Upper Possum Creek Road is $0 currently.

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