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794 Turner Road

794 Turner Road, Palmyra, VA 22963
Property in Fluvanna
Sold Dec 19, 2019
$489,000
$270,000 by Bank Of America Na
Mortgage Due Jan 01, 2052
Sold Dec 16, 2016
$385,000
$308,000 by Member Options Llc
Mortgage
794 Turner Road in Palmyra, VA was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 794 Turner Road has 3,296 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 575,428 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well 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 garage. The garage is 655 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 794 Turner Road sold most recently in Dec 13, 2019 for a total of $489,000. If you work out the math, that's approximately a cost of $148.36 per sqft. Before that, the property was also sold for $385,000 in Nov 28, 2016. 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 $4,973 in taxes each year. 794 Turner Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $589,200. If we break it down further, the land itself was valued at $90,400. Improvements to the property, however, were assessed at a total of $498,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2008
  • Effective Year Built: 2008
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 655
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 575,428
  • Total Building Area: 3,296
  • Building Area: 3,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 13.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: INST 190003906 AC 13.21 THE MEADOWS AT SHILOH

Ownership

  • Current Owner : HAMMOND CLAIBORNE G
  • Previous Owner : REED BOBBY ALAN
  • Previous Owner 2: REED LAURA R
  • Owner Before Previous Owner: GORDON KEVIN
  • Owner Before Previous Owner 2: GORDON BARBARA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fluvanna County Public Schools
  • Census Tract: 020300

Zoning

  • Zoning: A-1

Geography

  • District: 03
  • Parcel: 40 16 14
  • Block: 1
  • Municipality: FORK UNION
  • Latitude: 37.8214
  • Longitude: -78.2937

    Address

  • Full Address: 794 Turner Rd
  • Address - House Number: 794
  • Address - Street Name: Turner
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Palmyra
  • Carrier Code: R002
  • 4-Digit Zip Code: 6303
  • Zip Code: 22963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,973

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 706,843
  • High Value: 817,461
  • Low Value: 596,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $589,200
  • Market Land Value: $90,400
  • Market Improvement Value: $498,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,200
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $498,800

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Transaction ID: 11713946348
  • Current Sale Price: $489,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1903906
  • Previous Sale Recording Date: Dec 16, 2016
  • Previous Sale Contract Date: Nov 28, 2016
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Dec 19, 2019
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MEMBER OPTIONS LLC
  • Previous Mortgage Transaction Date: Dec 16, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fluvanna



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Frequently Asked Questions

What neighborhood is 794 Turner Road located in?
The 794 Turner Road is a located in the neighborhood of Fluvanna in Fluvanna, Palmyra.
What is the average sales price for listings in 794 Turner Road?
The average sales price for units in 794 Turner Road is $0 currently.

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