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8527 Kings Highway

8527 Kings Highway, King George, VA 22485
Property in King George
8527 Kings Highway has been categorized by the local assessors in King George, VA as a commercial type of property. The building on the property was first built in 1960 and is 64 years old. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8527 Kings Highway has 2,688 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 479,552 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of block. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a space/suspended heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 8527 Kings Highway sold most recently in Sep 2, 2016 for a total of $2,150,000. If you work out the math, that's approximately a cost of $799.85 per sqft. 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 $3,299 in taxes each year. 8527 Kings Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $485,100. If we break it down further, the land itself was valued at $485,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 479,552
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Space/suspended
  • Heated Square Feet: 2,688
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 11.009
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PT CHARLES LAMBROSE 11.009 A

Ownership

  • Current Owner : 9003 KINGS HWY LLC
  • Previous Owner : B & M AND KING GEORGE AUTO PARTS INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: King George County Public Schools
  • Census Tract: 040301

Zoning

  • Zoning: C2-I

Geography

  • Assessors Map Reference: MAP:24
  • Account Number: 179
  • District: 2
  • Parcel: 24-64
  • Lot: 64
  • Municipality: RAPPAHANNOCK
  • Latitude: 38.2755
  • Longitude: -77.1935

    Address

  • Full Address: 8527 Kings Hwy
  • Address - House Number: 8527
  • Address - Street Name: Kings
  • Address - Suffix Type: Hwy
  • State: VA
  • City Name: King George
  • Carrier Code: R012
  • 4-Digit Zip Code: 3466
  • Zip Code: 22485

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: UNION BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 13, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $485,100
  • Market Land Value: $485,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,100
  • Assessed Land Value: $485,100

    Sales

  • Current Sale Contract Date: Sep 02, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Transaction ID: 1792116048
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160913000052520

    Last Sale Mortgage

  • First Mortgage Lender: UNION BANK & TRUST
  • First Mortgage Transaction Date: Sep 13, 2016
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About King George



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Nearby Rentals

Unit for rent at 9308 Hayden Dr, KING GEORGE, VA, 22485

$1,245 /mo

  • 1 Bed
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9308 Hayden Dr #5, KING GEORGE, VA, 22485 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 8527 Kings Highway located in?
The 8527 Kings Highway is a located in the neighborhood of King George in King George, King George.
What is the average sales price for listings in 8527 Kings Highway?
The average sales price for units in 8527 Kings Highway is $0 currently.

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