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8049 Hancock Farm Lane

8049 Hancock Farm Lane, Chesterfield, VA 23832
Property in Chesterfield
Sold Apr 30, 2014
$212,500
Buyer
Seller
$217,600 by Primelending
Mortgage
Sold Nov 10, 2003
$184,510
$166,050 by Resource Bank
Mortgage
8049 Hancock Farm Lane in Chesterfield, VA was first built in 2003 and is 21 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. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8049 Hancock Farm Lane has 2,018 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 17,380 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water 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 401 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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, 8049 Hancock Farm Lane sold most recently in Apr 2, 2014 for a total of $212,500. If you work out the math, that's approximately a cost of $105.30 per sqft. Before that, the property was also sold for $184,510 in Jan 1, 1970. 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 $2,919 in taxes each year. 8049 Hancock Farm Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $318,000. If we break it down further, the land itself was valued at $64,000. Improvements to the property, however, were assessed at a total of $254,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 401
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,380
  • Total Building Area: 2,018
  • Building Area: 2,018
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,018
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CLOVERHILL ESTATES
  • Land Acres: 0.399
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLOVERHILL ESTATES 070

Ownership

  • Current Owner : TERRY DALE A
  • Previous Owner : KAUR GURBIR
  • Owner Before Previous Owner: LIFESTYLE HOMES
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 101009

Zoning

  • Zoning: R12 - SING

Geography

  • Assessors Map Reference: MB 108 PG 32
  • Account Number: 366580001
  • District: 04
  • Section: 91
  • Parcel: 722-66-98-91-400-000
  • Lot: 70
  • Municipality: MATOACA
  • Latitude: 37.397
  • Longitude: -77.6739

    Address

  • Full Address: 8049 Hancock Farm Ln
  • Address - House Number: 8049
  • Address - Street Name: Hancock Farm
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Chesterfield
  • Carrier Code: R035
  • 4-Digit Zip Code: 2555
  • Zip Code: 23832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,919

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 82
  • Final Value: 374,307
  • High Value: 429,033
  • Low Value: 319,582

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,600
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Apr 30, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $217,600
  • 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: $318,000
  • Market Land Value: $64,000
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,000
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Contract Date: Apr 02, 2014
  • Current Sale Recording Date: Apr 30, 2014
  • Current Sale Transaction ID: 1053049161
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 10, 2003
  • Previous Sale Amount: $184,510
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Apr 30, 2014
  • First Mortgage Loan Amount: $217,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RESOURCE BANK
  • Previous Mortgage Transaction Date: Nov 10, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $166,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Chesterfield



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Frequently Asked Questions

What neighborhood is 8049 Hancock Farm Lane located in?
The 8049 Hancock Farm Lane is a located in the neighborhood of Chesterfield in Chesterfield, Chesterfield.
What is the average sales price for listings in 8049 Hancock Farm Lane?
The average sales price for units in 8049 Hancock Farm Lane is $0 currently.

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