Sold Apr 07, 2017
$105,000
Seller
$94,500
by Chesterfield Fcu
Mortgage Due May 01, 2047
80 Old Buckingham Road has been categorized by the local assessors in Cumberland, VA as a residential type of property.
The building on the property was first built in 1947 and is 77 years old.
The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
The area measurement of the land has been determined as 116,305 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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, 80 Old Buckingham Road sold most recently in Jul 25, 2016 for a total of $105,000. 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 $789 in taxes each year. 80 Old Buckingham Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,150. If we break it down further, the land itself was valued at $26,850. Improvements to the property, however, were assessed at a total of $78,300. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 80 Old Buckingham Road sold most recently in Jul 25, 2016 for a total of $105,000. 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 $789 in taxes each year. 80 Old Buckingham Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,150. If we break it down further, the land itself was valued at $26,850. Improvements to the property, however, were assessed at a total of $78,300. 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.
80 Old Buckingham Road, Cumberland, VA 23040
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