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7940 Reedy Branch Road

7940 Reedy Branch Road, Chesterfield, VA 23838
Property in Chesterfield
Sold Jun 07, 2018
$173,000
$174,747 by Presidential Bank Fsb
Mortgage
Sold Oct 01, 2015
$12,220
7940 Reedy Branch Road has been categorized by the local assessors in Chesterfield, VA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7940 Reedy Branch Road has 1,256 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 54,014 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Jun 5, 2018 for $173,000. That's $137.74 per sqft. Prior to that sales transaction, the property was also sold in Sep 21, 2015 for $12,220. 7940 Reedy Branch Road was last assessed in 2023. The total value of the property was assessed at $227,200. Specifically, the land the property is located on was valued at $59,200. While improvements on the property were assessed at a total of $168,000. 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 $2,093. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,256
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: N/L REEDY BRANCH ROAD PARCEL C
  • Land Acres: 1.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N/L REEDY BRANCH RD PARCEL C

Ownership

  • Current Owner : MOSCONI LUIGI GIOVANNI
  • Previous Owner : GALUSHA R BRIAN R
  • Previous Owner 2: GALUSHA JOY D
  • Owner Before Previous Owner: BUGH RICHARD R
  • Owner Before Previous Owner 2: BUGH MARORIE E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100705

Zoning

  • Zoning: A - AGRICU

Geography

  • Account Number: 396984001
  • District: 04
  • Section: 89
  • Parcel: 770-63-40-89-400-000
  • Municipality: MATOACA
  • Latitude: 37.3016
  • Longitude: -77.5127

    Address

  • Full Address: 7940 Reedy Branch Rd
  • Address - House Number: 7940
  • Address - Street Name: Reedy Branch
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Chesterfield
  • Carrier Code: R016
  • 4-Digit Zip Code: 5707
  • Zip Code: 23838

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,093

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 78
  • Final Value: 282,640
  • High Value: 330,371
  • Low Value: 234,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,747
  • First Open Lien Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 07, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $174,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $227,200
  • Market Land Value: $59,200
  • Market Improvement Value: $168,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,200
  • Assessed Land Value: $59,200
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Contract Date: Jun 05, 2018
  • Current Sale Recording Date: Jun 07, 2018
  • Current Sale Transaction ID: 11470681165
  • Current Sale Price: $173,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018020836
  • Previous Sale Recording Date: Oct 01, 2015
  • Previous Sale Contract Date: Sep 21, 2015
  • Previous Sale Amount: $12,220
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Mortgage Transaction Date: Jun 07, 2018
  • First Mortgage Loan Amount: $174,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chesterfield



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Frequently Asked Questions

What neighborhood is 7940 Reedy Branch Road located in?
The 7940 Reedy Branch Road is a located in the neighborhood of Chesterfield in Chesterfield, Chesterfield.
What is the average sales price for listings in 7940 Reedy Branch Road?
The average sales price for units in 7940 Reedy Branch Road is $0 currently.

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