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725 Mitchell Valley Drive

725 Mitchell Valley Drive, Marion, VA 24354
House in Smyth
Sold Feb 10, 2020
$148,000
$231,000 by The Bank Of Marion Regional Mo
Mortgage
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The property has no active listings. Please see other similar options below.
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725 Mitchell Valley Drive has been categorized by the local assessors in Marion, VA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 725 Mitchell Valley Drive has 1,328 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 236,531 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 garage for those who require parking. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a well 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, 725 Mitchell Valley Drive sold most recently in Feb 7, 2020 for a total of $148,000. If you work out the math, that's approximately a cost of $55.72 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 $935 in taxes each year. 725 Mitchell Valley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,300. If we break it down further, the land itself was valued at $30,500. Improvements to the property, however, were assessed at a total of $95,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,328
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 236,531
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,656
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MITCHELL VALLEY
  • Land Acres: 5.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MITCHELL VALLEY 46 A 29

Ownership

  • Current Owner : HARRIS JONATHAN
  • Current Owner 2: HARRIS CHEYENNE
  • Previous Owner : BURTON SHIRLEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030302

Geography

  • Assessors Map Reference: MB369 PG201
  • Account Number: 142212
  • District: 05
  • Parcel: 46-A-29
  • Municipality: ATKINS
  • Latitude: 36.8703
  • Longitude: -81.501

    Address

  • Full Address: 725 Mitchell Valley Dr
  • Address - House Number: 725
  • Address - Street Name: Mitchell Valley
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Marion
  • Carrier Code: R007
  • 4-Digit Zip Code: 6330
  • Zip Code: 24354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $935

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 141,478
  • High Value: 204,079
  • Low Value: 78,876

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: THE BANK OF MARION REGIONAL MO
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $231,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Closed-end Mortgage

    Market Valuation

  • Market Total Value: $126,300
  • Market Land Value: $30,500
  • Market Improvement Value: $95,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,300
  • Assessed Land Value: $30,500
  • Assessed Improvements Value: $95,800

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11743842553
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200000311

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF MARION REGIONAL MO
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $231,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Closed-end Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Smyth



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Frequently Asked Questions

What neighborhood is 725 Mitchell Valley Drive located in?
The 725 Mitchell Valley Drive is a house located in the neighborhood of Smyth in Smyth, Marion.
What is the average sales price for listings in 725 Mitchell Valley Drive?
The average sales price for units in 725 Mitchell Valley Drive is $0 currently.

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