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7487 Sedge Drive

7487 Sedge Drive, New Kent, VA 23124
Property in New Kent
Sold Jun 16, 2020
$385,990
$366,691 by Dhi Mortgage Company Ltd Lp
Mortgage Due Jun 16, 2050
7487 Sedge Drive has been categorized by the local assessors in New Kent, 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 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7487 Sedge Drive has 3,162 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 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. 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 shingle (not wood). 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. The property was last sold in Jun 11, 2020 for $385,990. That's $122.07 per sqft. 7487 Sedge Drive was last assessed in 2023. The total value of the property was assessed at $434,200. Specifically, the land the property is located on was valued at $80,700. While improvements on the property were assessed at a total of $353,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,909. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,162
  • Gross Building Area: 5,130
  • Building Area: 3,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,162
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMS OF NEW KENT
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANDBAY IV PH 2 PH 2 LOT 109 .218 AC PB 21/578

Ownership

  • Current Owner : PALLADINO JOHN
  • Previous Owner : D R HORTON INC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Kent County Public Schools
  • School Tax School District: ST PETERS
  • Census Tract: 700200

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 22
  • Account Number: 231402
  • Subdivision Phase Number: 2
  • Parcel: 22A9 1 2 109
  • Block: 1
  • Lot: 109
  • Latitude: 37.5118
  • Longitude: -77.0842

    Address

  • Full Address: 7487 Sedge Dr
  • Address - House Number: 7487
  • Address - Street Name: Sedge
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: New Kent
  • Carrier Code: R003
  • 4-Digit Zip Code: 2478
  • Zip Code: 23124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,909

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 531,719
  • High Value: 615,873
  • Low Value: 447,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,691
  • First Open Lien Mortgage Lender: DHI MORTGAGE COMPANY LTD LP
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $366,691
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 16, 2050

    Market Valuation

  • Market Total Value: $434,200
  • Market Land Value: $80,700
  • Market Improvement Value: $353,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,200
  • Assessed Land Value: $80,700
  • Assessed Improvements Value: $353,500

    Sales

  • Current Sale Contract Date: Jun 11, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11769542985
  • Current Sale Price: $385,990
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 200002241

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD LP
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $366,691
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Kent



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7487 Sedge Drive located in?
The 7487 Sedge Drive is a located in the neighborhood of New Kent in New Kent, New Kent.
What is the average sales price for listings in 7487 Sedge Drive?
The average sales price for units in 7487 Sedge Drive is $0 currently.

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