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3115 Mollifield Lane

3115 Mollifield Lane, Charlottesville, VA 22911
Property in Forest Lakes
Sold May 08, 2019
$380,000
$325,000 by Fulton Bank Na
Mortgage Due Feb 01, 2052
3115 Mollifield Lane in Charlottesville, VA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 3115 Mollifield Lane has 1,957 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 728 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,367 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 1, 2019 for $380,000. That's $194.17 per sqft. 3115 Mollifield Lane was last assessed in 2023. The total value of the property was assessed at $488,100. Specifically, the land the property is located on was valued at $147,500. While improvements on the property were assessed at a total of $340,600. 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 $4,168. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Parquet
  • Basement Type: Finished improved basement
  • Basement Area: 728
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,367
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,957
  • Building Area: 1,957
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,957
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST LAKES N 30 PH-I

Ownership

  • Current Owner : PEARSON ROBERT H
  • Current Owner 2: PEARSON AUDREY L
  • Previous Owner : PAPIN JASON A
  • Previous Owner 2: PAPIN SARAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: BAKER-BUTLER
  • School Tax District Code 2: LAKESIDE
  • School Tax District Code 3: ALBEMARLE
  • Census Tract: 010303

Zoning

  • Zoning: R4 RESIDEN

Geography

  • Parcel: 046B3-00-0N-03000
  • Municipality: RIVANNA
  • Latitude: 38.1214
  • Longitude: -78.4261

    Address

  • Full Address: 3115 Mollifield Ln
  • Address - House Number: 3115
  • Address - Street Name: Mollifield
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: R018
  • 4-Digit Zip Code: 7211
  • Zip Code: 22911

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,168

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 527,897
  • High Value: 610,093
  • Low Value: 445,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $488,100
  • Market Land Value: $147,500
  • Market Improvement Value: $340,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,100
  • Assessed Land Value: $147,500
  • Assessed Improvements Value: $340,600

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Transaction ID: 11608828132
  • Current Sale Price: $380,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019-00004350

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: May 08, 2019
  • First Mortgage Loan Amount: $334,628
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Forest Lakes



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Unit for rent at 3400 Moubry Ln, CHARLOTTESVILLE, VA, 22911

$2,300 /mo

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Frequently Asked Questions

What neighborhood is 3115 Mollifield Lane located in?
The 3115 Mollifield Lane is a located in the neighborhood of Forest Lakes in Forest Lakes, Charlottesville.
What is the average sales price for listings in 3115 Mollifield Lane?
The average sales price for units in 3115 Mollifield Lane is $0 currently.

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