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8406 Hoover Drive

8406 Hoover Drive, King George, VA 22485
Property in King George
Sold Feb 24, 2021
$345,000
$310,500 by Greenway Funding Group Inc
Mortgage
Sold Feb 12, 2007
$400,975
$320,780 by Bank Of America Na
Mortgage
Local assessors in King George, VA have categorized 8406 Hoover Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 10,846 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 8406 Hoover Drive has a total of 2,476 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,346 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 360 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 or hip 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. 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, 8406 Hoover Drive was last sold in Feb 16, 2021 for $345,000. According to our calculations, that's $139.34 per sqft. Prior to that sales transaction, the property was sold for $400,975 in Feb 9, 2007. Current property owners are expected to pay $2,642 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 8406 Hoover Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $388,600. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $318,600. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • 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 or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,346
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,846
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,476
  • Building Area: 2,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,476
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOW HILL SD
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW HILL SUBDIVISION .249 A 10850 SF LOT 31 INST.#20060710000052240

Ownership

  • Current Owner : KIM SUNG HEE
  • Current Owner 2: KIM SUN JOO
  • Previous Owner : GLASCOE CORNELL P
  • Previous Owner 2: GLASCOE PHYLLIS S
  • Owner Before Previous Owner: SOMERSET DEVELOPMENT CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: King George County Public Schools
  • Census Tract: 040400

Zoning

  • Zoning: R-1:RES

Geography

  • District: 2
  • Parcel: May 01, 2024
  • Lot: 31
  • Municipality: RAPPAHANNOCK
  • Latitude: 38.2743
  • Longitude: -77.2009

    Address

  • Full Address: 8406 Hoover Dr
  • Address - House Number: 8406
  • Address - Street Name: Hoover
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: King George
  • Carrier Code: R008
  • 4-Digit Zip Code: 2121
  • Zip Code: 22485

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,642
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 85
  • Final Value: 429,455
  • High Value: 484,104
  • Low Value: 374,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,500
  • First Open Lien Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $310,500
  • 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: $388,600
  • Market Land Value: $70,000
  • Market Improvement Value: $318,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,600
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $318,600

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822802423
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210000971
  • Previous Sale Recording Date: Feb 12, 2007
  • Previous Sale Contract Date: Feb 09, 2007
  • Previous Sale Amount: $400,975
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $310,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 12, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $320,780
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About King George



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Frequently Asked Questions

What neighborhood is 8406 Hoover Drive located in?
The 8406 Hoover Drive is a located in the neighborhood of King George in King George, King George.
What is the average sales price for listings in 8406 Hoover Drive?
The average sales price for units in 8406 Hoover Drive is $0 currently.

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