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326 1st Street

326 1st Street, Madison, WV 25130
Property in Boone
Refi Mar 05, 2014
Transfer
$208,500 by American Advisors Group
Mortgage
Local assessors in Madison, WV have categorized 326 1st Street as a residential type of property. The home was built in 1937 and is 87 years old. The property's lot size has been calculated to be 7,318 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 326 1st Street has a total of 2,064 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $660 in taxes each year. The initial year of tax delinquency occurred in 2023. 326 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,780. If we break it down further, the land itself was valued at $19,380. Improvements to the property, however, were assessed at a total of $41,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,318
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,064
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK. C, LOTS 10 & 11, & PT. OF 9, W. MADISON

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Boone County School District
  • Census Tract: 958400

Geography

  • District: 03
  • Parcel: 03-03- 4-0032.0000
  • Block: C
  • Lot: 10,11
  • Municipality: MADISON
  • Latitude: 38.0718
  • Longitude: -81.826

    Address

  • Full Address: 326 1st St W
  • Address - House Number: 326
  • Street Segment Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: WV
  • City Name: Madison
  • Carrier Code: C002
  • 4-Digit Zip Code: 1015
  • Zip Code: 25130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $660
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.4031
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 19
  • Final Value: 80,065
  • High Value: 112,344
  • Low Value: 47,785

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,500
  • First Open Lien Mortgage Lender: AMERICAN ADVISORS GROUP
  • First Open Lien Mortgage Recording Date: Mar 05, 2014
  • First Open Lien Mortgage Loan Amount: $208,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Market Valuation

  • Market Total Value: $101,300
  • Market Land Value: $32,300
  • Market Improvement Value: $69,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,780
  • Assessed Land Value: $19,380
  • Assessed Improvements Value: $41,400

    Exemptions

  • Homeowner Exemption: Yes

About Madison



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 326 1st Street located in?
The 326 1st Street is a located in the neighborhood of Boone in Madison, Madison.
What is the average sales price for listings in 326 1st Street?
The average sales price for units in 326 1st Street is $0 currently.

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