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997 Lake Pelham Drive

997 Lake Pelham Drive, Culpeper, VA 22701
Property in Culpeper
Sold Jan 19, 2010
$150,000
$154,950 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2037
Sold Nov 02, 2005
$301,000
$241,000 by K Hovnanian Mtg
Mortgage
997 Lake Pelham Drive has been categorized by the local assessors in Culpeper, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 997 Lake Pelham Drive has 1,640 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 800 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 underground or in the basement for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 997 Lake Pelham Drive was last sold in Jan 19, 2010 for $150,000. According to our calculations, that's $91.46 per sqft. Prior to that sales transaction, the property was sold for $301,000 in Oct 28, 2005. Current property owners are expected to pay $1,641 in taxes per year. The property on 997 Lake Pelham Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $311,900. To break that down further, the land itself was valued at $65,800. While improvements to the property were assessed at a total of $246,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 800
  • Parking Type: Detached
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,640
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 193
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAKEVIEW OF CULPEPER PHASE 8, LOT 421 2,039 SQ FT PLAT 8/154

Ownership

  • Current Owner : JAMES MARVIN A
  • Previous Owner : ARGENT DEVELOPMENT LLC
  • Owner Before Previous Owner: K HOVNANIAN HOMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Culpeper County Public Schools
  • Census Tract: 930203

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 40U 8 421
  • Account Number: 21159
  • Subdivision Phase Number: 8
  • Parcel: 40-U - 8- -421
  • Lot: 2,421
  • Municipality: WEST FAIRFAX
  • Latitude: 38.4712
  • Longitude: -78.0155

    Address

  • Full Address: 997 Lake Pelham Dr
  • Address - House Number: 997
  • Address - Street Name: Lake Pelham
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Culpeper
  • Carrier Code: C003
  • 4-Digit Zip Code: 2991
  • Zip Code: 22701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,641

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 359,537
  • High Value: 415,428
  • Low Value: 303,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,950
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 31, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $154,950
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $311,900
  • Market Land Value: $65,800
  • Market Improvement Value: $246,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,900
  • Assessed Land Value: $65,800
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Contract Date: Jan 19, 2010
  • Current Sale Recording Date: Jan 19, 2010
  • Current Sale Transaction ID: 11454670483
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 02, 2005
  • Previous Sale Contract Date: Oct 28, 2005
  • Previous Sale Amount: $301,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jan 19, 2010
  • First Mortgage Loan Amount: $143,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN MTG
  • Previous Mortgage Transaction Date: Nov 02, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $241,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Culpeper



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Frequently Asked Questions

What neighborhood is 997 Lake Pelham Drive located in?
The 997 Lake Pelham Drive is a located in the neighborhood of Culpeper in Culpeper, Culpeper.
What is the average sales price for listings in 997 Lake Pelham Drive?
The average sales price for units in 997 Lake Pelham Drive is $0 currently.

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