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8000 Founders Mill Way

8000 Founders Mill Way, Gloucester, VA 23061
Property in Gloucester
Sold Feb 22, 2021
$415,000
Sold Mar 05, 2020
$274,900
$274,900 by Mortgage Research Center Llc
Mortgage
Local assessors in Gloucester, VA have categorized 8000 Founders Mill Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 32,670 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 8000 Founders Mill Way has a total of 1,934 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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 Feb 18, 2021 for $415,000. That's $214.58 per sqft. Prior to that sales transaction, the property was also sold in Feb 26, 2020 for $274,900. 8000 Founders Mill Way was last assessed in 2023. The total value of the property was assessed at $323,110. Specifically, the land the property is located on was valued at $61,200. While improvements on the property were assessed at a total of $261,910. 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 $1,884. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 7
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,934
  • Building Area: 1,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,934
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PLAT: PB23 979-979A
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOUNDERS MILL, SEC V LOT 221

Ownership

  • Current Owner : MIRMONSEF PARASTU
  • Previous Owner : WATSON WILLIAM MERIDITH
  • Previous Owner 2: WATSON CHARLES CURTIS
  • Owner Before Previous Owner: BAILEY PAULINE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: SF-1

Geography

  • Assessors Map Reference: 026C 2 221
  • District: 2
  • Parcel: 40434
  • Lot: 221
  • Municipality: WARE
  • Latitude: 37.4378
  • Longitude: -76.4966

    Address

  • Full Address: 8000 Founders Mill Way
  • Address - House Number: 8000
  • Address - Street Name: Founders Mill
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Gloucester
  • Carrier Code: R012
  • 4-Digit Zip Code: 5288
  • Zip Code: 23061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,884

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 71
  • Final Value: 371,964
  • High Value: 449,457
  • Low Value: 294,472

    Market Valuation

  • Market Total Value: $323,110
  • Market Land Value: $61,200
  • Market Improvement Value: $261,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,110
  • Assessed Land Value: $61,200
  • Assessed Improvements Value: $261,910

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11825977899
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210001345
  • Previous Sale Recording Date: Mar 05, 2020
  • Previous Sale Contract Date: Feb 26, 2020
  • Previous Sale Amount: $274,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $273,861
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Mar 05, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $274,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Gloucester



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Frequently Asked Questions

What neighborhood is 8000 Founders Mill Way located in?
The 8000 Founders Mill Way is a located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 8000 Founders Mill Way?
The average sales price for units in 8000 Founders Mill Way is $0 currently.

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