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9 Palm Drive

9 Palm Drive, Fredericksburg, VA 22405
Property in Hickory Ridge
Sold Dec 18, 2020
$340,000
$323,000 by Nfm Lending
Mortgage
Sold Mar 28, 2014
$250,000
$258,250 by Virginia Heritage Bank
Mortgage
9 Palm Drive in Fredericksburg, VA was first built in 2002 and is 22 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 style that we are currently unable to determine. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 9 Palm Drive has 1,130 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. The basement is 504 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,001 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. There are a total of 3 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 C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. 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, 9 Palm Drive was last sold in Dec 16, 2020 for $340,000. According to our calculations, that's $300.88 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Mar 28, 2014. Current property owners are expected to pay $3,041 in taxes per year. The property on 9 Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $321,800. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $231,800. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 504
  • Garage Type: Underground/basement
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,130
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HICKORY RIDGE
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 244 SEC 6B 12000 SQFT HICKORY RIDGE

Ownership

  • Current Owner : KENNEY HEATHER
  • Current Owner 2: BRENNAN ELI
  • Previous Owner : MIRZA NAVEED
  • Owner Before Previous Owner: HADLEY SUSAN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stafford County Public Schools
  • Census Tract: 010403

Zoning

  • Zoning: R1- SUBURB

Geography

  • Account Number: 39950
  • District: 03
  • Parcel: 46G-6B-244
  • Municipality: LEELAND
  • Latitude: 38.358
  • Longitude: -77.4375

    Address

  • Full Address: 9 Palm Dr
  • Address - House Number: 9
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fredericksburg
  • Carrier Code: R040
  • 4-Digit Zip Code: 6331
  • Zip Code: 22405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,041

    Appraisal Valuation

  • Standard Deviation: 0.1133
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 88
  • Final Value: 429,545
  • High Value: 478,248
  • Low Value: 380,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: NFM LENDING
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $323,000
  • 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: $321,800
  • Market Land Value: $90,000
  • Market Improvement Value: $231,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,800
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $231,800

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11809448504
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200034787
  • Previous Sale Recording Date: Mar 28, 2014
  • Previous Sale Contract Date: Mar 28, 2014
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM LENDING
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: VIRGINIA HERITAGE BANK
  • Previous Mortgage Transaction Date: Mar 28, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $258,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Hickory Ridge



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3 Cross Cut Lane, Fredericksburg, VA, 22405

$2,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,116 ft²
3 Cross Cut Lane, Fredericksburg, VA, 22405 Listing by Linda Williams

Frequently Asked Questions

What neighborhood is 9 Palm Drive located in?
The 9 Palm Drive is a located in the neighborhood of Hickory Ridge in Hickory Ridge, Fredericksburg.
What is the average sales price for listings in 9 Palm Drive?
The average sales price for units in 9 Palm Drive is $0 currently.

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