Worth a Look: $300K for 5460 Park Rd, Crozet, VA 22932

$300,000 - 5460 Park Rd, Crozet, VA 22932

Summary

Bank foreclosed on the home on 3/5/2009 for $386,936.  The county has it assessed for $321,000.

It was built in 2006 and with 2,632 sq ft.  The previous owners that the bank foreclosed on bought the property for $370K back on 4/23/2007.  We can estimate building costs at $110/sq ft or $289,520 and land for $70,848K.  

The house appears to be in good condition.  There are a couple of other houses in the neighborhood selling for a similar price point.  

I think at $300K it is reasonably priced.  What do you think?

Let me know your thoughts.  Below the post you will see three boxes that say: Worth More, Priced Right, Worth Less.

Let me know what you think of the house value as compared to my price is the house: Worth More, Priced Right, or Worth Less by clicking on one of the boxes below.

Feel free to add a comment about the property as well.

Disclosure

• I have not been inside the house.
• I have no affiliation with the seller or the listing agent.

Listing Agent

Adele Schaefer

First Virginia Homes

Direct: 434-589-3958

Cell: 434-962-1928

Parcel Information Total Acres 0.1430 Primary Prop. Address 5460 PARK RD Other Address N/A Property Card(s) 1 Lot 4 PHASE I Property Name N/A Subdivision Westhall Notes 01/05/2006 $425,088 FOR 6 LOTS TM 56H-01-3,4,8,9,10 & 11  Subdivide Information  Deed Book, Page (3035 , 407 ) Conveyance ( ) Date of Sale (07/28/2005) Transaction, Date (200718579 01/25/2006) Owner Information Owner FEDERAL NATIONAL MORTGAGE ASSOCIATION Address P O BOX 650043  DALLAS TX, 75265-0043 Owner as of Jan 1st NAUMAN, MATTHEW HUNTER OR RACHEL Most Recent Assessment Information Year 2009 Assessment Date 01/01/2009 Assessment Reason Reassessment Land Value $72,000 Land Use Value $0 Improvements Value $249,100 Total Value $321,100 Most Recent Sales History Previous Owner NAUMAN, MATTHEW HUNTER OR RACHEL Owner FEDERAL NATIONAL MORTGAGE ASSOCIATION Sale Date 03/05/2009 Sale Price $386,936 Deed Book/Page 3700/547 Validity of Sale Foreclosure Other Tax Information as of Jan 1st State Code Single Family Resid (Urban) Tax Type Reg. Taxable Parcel Level Use Code Single Family Primary Zoning Designation Residential Appraiser BJT

Improvements - Card 1

Improvements (Card Level Data)

Card Type Residential Infrastructure Improvements Garden Tub.....1 TOTAL VALUE  Public Water /Sewer.....1 TOTAL VALUE  Shower.....1 TOTAL VALUE  Water & Sewer - Jurisdictional Area Designation Primary Building Additions Storage Shed attached.....100 sq ft Patio, Concrete.....144 sq ft Porch, Aggregate Floor.....130 sq ft Primary Building Details Comm. Section N/A Card Level Use Code Single Family Year Built 2006 Year Remodeled N/A Condition Good Grade B-- Number of Stories 2 Story Height (ft) N/A House Type 2 Sty Transitional Finished Sq. Ft. 2,632 Basement Type None Basement Garage Doors 0 Bsmt Fin. Sq. Ft. 0 Bsmt Tot. Sq. Ft. 0 Attic Type N/A Attic Tot. Sq. Ft. 0 Roof Material Dimensional Heating Heat Pump Cooling Central Air Fireplace(s) 1 Fireplace Type Gas Fireplace Wall Framing N/A Exterior Covering Hardiplank Bedrooms 4 Dining Rooms 1 Family Rooms 1 Full Baths 2 Half Baths 1 Total Room Count 9  (Every unit assumed to have kitchen and living room. Bathrooms are not included in total room count.)

Land Value Information

Land Value Information

Land Use Homesite 1 Acres 0.1430 Sq. Ft. 6229.0800 Rate $75,000.00 Adj Rate $75,000.00 Base Value $75,000.00 Adj Amount ($3,000.00) Value $72,000.00

Assessments

Assessments

Year 2009 Assessment Date 01/01/2009 Assessment Reason Reassessment Land Value $72,000 Land Use Value $0 Improvements Value $249,100 Total Value $321,100 Year 2008 Assessment Date 01/01/2008 Assessment Reason Reassessment Land Value $81,600 Land Use Value $0 Improvements Value $263,200 Total Value $344,800 Year 2007 Assessment Date 04/17/2007 Assessment Reason New Construction Land Value $76,900 Land Use Value $0 Improvements Value $272,400 Total Value $349,300 Year 2007 Assessment Date 01/01/2007 Assessment Reason Reassessment Land Value $76,900 Land Use Value $0 Improvements Value $0 Total Value $76,900 Year 2006 Assessment Date 02/28/2006 Assessment Reason Division of Property Land Value $66,200 Land Use Value $0 Improvements Value $0 Total Value $66,200

Transfer History

Transfer History

Previous Owner NAUMAN, MATTHEW HUNTER OR RACHEL Owner FEDERAL NATIONAL MORTGAGE ASSOCIATION Sale Date 03/05/2009 Sale Price $386,936 Deed Book/Page 3700/547 Validity of Sale Foreclosure Previous Owner BARRY MEADE HOMES LLC Owner NAUMAN, MATTHEW HUNTER OR RACHEL Sale Date 04/23/2007 Sale Price $360,000 Deed Book/Page 3404/497 Validity of Sale Valid Sale Previous Owner BARRY MEADE HOMES LLC Owner BARRY MEADE HOMES LLC Sale Date 01/05/2006 Sale Price $425,088 Deed Book/Page 3135/015 Validity of Sale Multi-Trans

Other Parcel Characteristics

Other Parcel Characteristics

School Districts Elementary School District Crozet Middle School District Henley High School District Western Albemarle Magisterial District & Voting Precinct Information Magisterial District Whitehall Voting Precint Brownsville Census Information Census Block Group 2 Census Tract 111 Zoning Information Primary R6 Residential Secondary Unassigned Minor Unassigned Other Unassigned Proffered? No Natural Resource Extraction Overlay? No Flood Hazard Overlay? No Airport Impact Area? No Scenic Stream Overlay? No Entrance Corridor? No Comprehensive Plan Information Comp Plan Area Crozet Community Comp Plan Land Use - Primary Urban General [CT 4] Comp Plan Land Use - Secondary Unassigned Comp Plan Land Use - Minor Unassigned Comp Plan Land Use - Other Unassigned Land Use Survey Information Land Use - Primary Residential -- Single-family (incl. modular homes) Number of Structures - Primary 1 Number of Dwelling Units - Primary 1 Land Use - Secondary Unassigned Number of Structures - Secondary 0 Number of Dwelling Units - Secondary 0 Land Use - Minor Unassigned Number of Structures - Minor 0 Number of Dwelling Units - Minor 0 Other Information Subdivision Westhall MPO/CHART Area? Yes Traffic Analysis Zone (TAZ) 236 Jurisdictional Area Designation Water & Sewer Watershed Lickinghole Creek Water Supply Protection Area? Yes Development Area? Yes Other Rural Land? No Ag/Forest District N/A Conservation Easement? No