Sold Oct 19, 2020
$275,000
Seller
$247,500
by Renasant Bank
Mortgage Due Nov 01, 2050
Sold Feb 11, 2008
$195,000
Local assessors in Ararat, VA have categorized 820 Orchard Gap Road as a residential type of property.
The property's lot size has been calculated to be 130,680 square feet.
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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 820 Orchard Gap Road was last sold in Oct 19, 2020 for $275,000. Prior to that sales transaction, the property was sold for $195,000 in Feb 11, 2008. Current property owners are expected to pay $921 in taxes per year. The property on 820 Orchard Gap Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,100. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $86,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 820 Orchard Gap Road was last sold in Oct 19, 2020 for $275,000. Prior to that sales transaction, the property was sold for $195,000 in Feb 11, 2008. Current property owners are expected to pay $921 in taxes per year. The property on 820 Orchard Gap Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,100. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $86,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
820 Orchard Gap Road, Ararat, VA 24053
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