$425,000
Summary
I thought I would start my blog off on a positive note and highlight a property I feel is worth taking a look at.What I like about this house is that it is in the top performing school districts: Meriwether Lewis, Henley, and Western Albemarle. It appears to have been recently updated and it has a large lot.
At full list price of $425,000 and assuming 20% down ($85K) at 5% interest, monthly payments (not including property tax and insurance) would be $1,825 a month. Qualifying household income assuming no other debt would be $66.3K.
Things to check:
- Listing Agent has Hardiplank down for the exterior, but the county still shows Masonite.
There is going to be an open house this Sunday 3/8 from 1-3PM.
Let me know what you think.
Disclosures
- I have no association with the seller or listing agent.
- I have not yet seen this house on the inside, but I have driven past it.
Property Details
Price: $425,000
Bedrooms: 4
Full Baths: 2
Half Baths: 1
Year Built: 1979
Finished Sq Ft: 2,384
Unfinished Sq Ft: 1,060
Acreage: 2.05
Garage? Y
Schools
Elementary: Meriwether Lewis
Middle School: Henley
High School: Western Albemarle
Listing Agent
MLS #: 462660
Anita Dunbar
Montague, Miller & Co
Direct: 434-951-7135
Cell: 434-981-1421
Sales History
09/19/2001 - $275K
05/21/1990 - $168K
Assessments as of Jan 1 (Land, Improvements, Total)
2009 - $180K, $247.6K, $427.6K
2008 - $180K, $261.6K, $441.6K
2007 - $180K, $283K, $463K
2006 - $120K, $230.9K, $350.9K
2005 - $120K, $230.9K, $350.9K
2004 - $85K, $207.1K, $292.1K
2003 - $85K, $207.1K, $292.1K
2002 - $80K, $174.8K, $254.8K
2001 - $80K, $174.8K, $254.8K
Posts
saw this house this weekend, nice enough place. lot is 2+ acres, but little useful land, mostly woods and steep hills. smaller, would need alot of start up maintenance. nothing heavy but alot of busy work. here is an interesting comp: 2710 willow oak circle, only 1 mile away, same type of 'hood. willow oak was much bigger, a bit nicer, finished basement, additional acre. assessed at 487 for 2009 and sold for 400k on 3/20/09. so 82% of assessment. without being in whipporwill house ,but looking into all windows and walking around, i think this house with 1 less acre ,much smaller and no finished basement would be around 335k at same price per sq ft. ouch.
ReplyDeletethis house sold for 410. i find that amazing. i had comps for it at a sq footage price of equal to about 350-370k. all in the same school district and same relative condition. i think these people overpaid by at least 40k, if not more
ReplyDelete