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8005 Lake Margaret Place

8005 Lake Margaret Place, Chesterfield, VA 23838
Property in Chesterfield
Sold Nov 27, 2017
$462,300
$369,840 by Branch Banking & Trust Company
Mortgage
Sold Aug 07, 2017
$90,000
8005 Lake Margaret Place in Chesterfield, VA was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8005 Lake Margaret Place has 3,048 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 65,645 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 654 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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 gas. 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, 8005 Lake Margaret Place sold most recently in Nov 20, 2017 for a total of $462,300. If you work out the math, that's approximately a cost of $151.67 per sqft. Before that, the property was also sold for $90,000 in Jul 26, 2017. 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 $4,939 in taxes each year. 8005 Lake Margaret Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $540,000. If we break it down further, the land itself was valued at $86,000. Improvements to the property, however, were assessed at a total of $454,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 654
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 65,645
  • Total Building Area: 3,048
  • Building Area: 3,048
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE MARGARET
  • Land Acres: 1.507
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE MARGARET SEC 1 061

Ownership

  • Current Owner : LAMOREUX LARRY
  • Current Owner 2: LAMOREUX KATHY
  • Previous Owner : Danrich Construction Co Inc A Virginia c
  • Owner Before Previous Owner: LAKEWOOD INVESTMENTS LLC A VIRGINIA LIMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R25 - SING

Geography

  • Assessors Map Reference: MB 238 PG 18
  • Account Number: 392788001
  • District: 04
  • Section: 1
  • Parcel: 767-63-91-54-700-000
  • Lot: 61
  • Municipality: MATOACA
  • Latitude: 37.3143
  • Longitude: -77.5226

    Address

  • Full Address: 8005 Lake Margaret Pl
  • Address - House Number: 8005
  • Address - Street Name: Lake Margaret
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Chesterfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 5557
  • Zip Code: 23838

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,939

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 82
  • Final Value: 611,814
  • High Value: 699,944
  • Low Value: 523,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,840
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Nov 27, 2017
  • First Open Lien Mortgage Loan Amount: $369,840
  • 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: $540,000
  • Market Land Value: $86,000
  • Market Improvement Value: $454,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,000
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $454,000

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Transaction ID: 11326891399
  • Current Sale Price: $462,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017047076
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Jul 26, 2017
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Mortgage Transaction Date: Nov 27, 2017
  • First Mortgage Loan Amount: $369,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Chesterfield



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Frequently Asked Questions

What neighborhood is 8005 Lake Margaret Place located in?
The 8005 Lake Margaret Place is a located in the neighborhood of Chesterfield in Chesterfield, Chesterfield.
What is the average sales price for listings in 8005 Lake Margaret Place?
The average sales price for units in 8005 Lake Margaret Place is $0 currently.

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