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9438 Charter Lake Drive

9438 Charter Lake Drive, Mechanicsville, VA 23116
Property in Hanover
Sold Sep 22, 2020
$350,000
$332,500 by Fulton Bank Na
Mortgage
9438 Charter Lake Drive has been categorized by the local assessors in Mechanicsville, VA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,351 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,585 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

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 garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of composition shingle. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery 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, 9438 Charter Lake Drive sold most recently in Sep 21, 2020 for a total of $350,000. 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 $4,746 in taxes each year. 9438 Charter Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $580,200. If we break it down further, the land itself was valued at $108,000. Improvements to the property, however, were assessed at a total of $472,200. 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.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Cape Cod
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,351
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,585
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARTER LAKE
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHARTER LAKE LOT 24

Ownership

  • Current Owner : KELLAM THOMAS REED
  • Previous Owner : HOMEPLACES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hanover County Public Schools
  • Census Tract: 320804

Zoning

  • Zoning: R-2 SINGLE

Geography

  • Account Number: 10183086
  • District: 1
  • Parcel: 7797-44-7753
  • Lot: 24
  • Municipality: ASHLAND
  • Latitude: 37.685
  • Longitude: -77.4224

    Address

  • Full Address: 9438 Charter Lake Dr
  • Address - House Number: 9438
  • Address - Street Name: Charter Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Mechanicsville
  • Carrier Code: R009
  • 4-Digit Zip Code: 7103
  • Zip Code: 23116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,746

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 82
  • Final Value: 661,115
  • High Value: 757,626
  • Low Value: 564,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,500
  • 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: $580,200
  • Market Land Value: $108,000
  • Market Improvement Value: $472,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,200
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $472,200

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11789196861
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200922000165980

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Sep 22, 2020
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 9438 Charter Lake Drive located in?
The 9438 Charter Lake Drive is a located in the neighborhood of Hanover in Hanover, Mechanicsville.
What is the average sales price for listings in 9438 Charter Lake Drive?
The average sales price for units in 9438 Charter Lake Drive is $0 currently.

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