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3586 Lyons Run

3586 Lyons Run, Powhatan, VA 23139
Property in Powhatan
Sold Aug 24, 2020
$450,000
$337,500 by Wells Fargo Bk Na
Mortgage Due Aug 21, 2050
Sold Feb 11, 2019
$432,717
3586 Lyons Run has been categorized by the local assessors in Powhatan, VA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3586 Lyons Run has 3,111 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 141,134 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 are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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, 3586 Lyons Run sold most recently in Aug 20, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $144.65 per sqft. Before that, the property was also sold for $432,717 in Jan 15, 2019. 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 $3,797 in taxes each year. 3586 Lyons Run was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $495,700. If we break it down further, the land itself was valued at $113,400. Improvements to the property, however, were assessed at a total of $382,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2019
  • Effective Year Built: 2019
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 141,134
  • Total Building Area: 3,111
  • Building Area: 3,111
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,111
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: ASTON
  • Land Acres: 3.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: ASTON LOT 2 SEC 4

Ownership

  • Current Owner : RUMSEY MICHAEL T
  • Current Owner 2: RUMSEY ALISON M
  • Previous Owner : DEW STEVEN C
  • Previous Owner 2: DEW NEHANA
  • Owner Before Previous Owner: WV MCCLURE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Powhatan County Public Schools
  • Census Tract: 500201

Zoning

  • Zoning: RR-5

Geography

  • Assessors Map Reference: 88--89
  • Account Number: 16510
  • District: PS
  • Section: 4
  • Parcel: 016C-4-2
  • Lot: 2
  • Municipality: SPENCER
  • Latitude: 37.6217
  • Longitude: -77.8924

    Address

  • Full Address: 3586 Lyons Run
  • Address - House Number: 3586
  • Address - Street Name: Lyons
  • Address - Suffix Type: Run
  • State: VA
  • City Name: Powhatan
  • Carrier Code: R010
  • 4-Digit Zip Code: 6964
  • Zip Code: 23139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,797

    Appraisal Valuation

  • Standard Deviation: 0.115
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 625,837
  • High Value: 697,810
  • Low Value: 553,864

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: WELLS FARGO BK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $337,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 21, 2050

    Market Valuation

  • Market Total Value: $495,700
  • Market Land Value: $113,400
  • Market Improvement Value: $382,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,700
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $382,300

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11869259585
  • Current Sale Price: $450,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Feb 11, 2019
  • Previous Sale Contract Date: Jan 15, 2019
  • Previous Sale Amount: $432,717
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BK NA
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 21, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Powhatan



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Frequently Asked Questions

What neighborhood is 3586 Lyons Run located in?
The 3586 Lyons Run is a located in the neighborhood of Powhatan in Powhatan, Powhatan.
What is the average sales price for listings in 3586 Lyons Run?
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