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3977 Penzance Place

3977 Penzance Place, Williamsburg, VA 23188
Property in James City
Sold Jan 22, 2020
$384,700
$384,700 by Tidewater Home Funding Llc
Mortgage
Sold Oct 09, 2019
$252,000
3977 Penzance Place in Williamsburg, VA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 14 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3977 Penzance Place has 2,835 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. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3977 Penzance Place was last sold in Jan 21, 2020 for $384,700. According to our calculations, that's $135.70 per sqft. Prior to that sales transaction, the property was sold for $252,000 in Oct 7, 2019. Current property owners are expected to pay $3,271 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 3977 Penzance Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $394,100. To break that down further, the land itself was valued at $88,200. While improvements to the property were assessed at a total of $305,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 2,835
  • Building Area: 2,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-139 S-3 WELLINGTON

Ownership

  • Current Owner : WILLIAMS JAMES C
  • Current Owner 2: CAREY WILLIAMS DEBRA A
  • Previous Owner : FORTUNE JOEL R
  • Owner Before Previous Owner: SMITH ROGER W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080402

Zoning

  • Zoning: R1 LIMITED

Geography

  • Assessors Map Reference: MAP PG 13-3
  • Account Number: 27363
  • Section: 3
  • Parcel: 13-3 08-0-0139
  • Lot: 139
  • Municipality: STONEHOUSE
  • Latitude: 37.3895
  • Longitude: -76.7834

    Address

  • Full Address: 3977 Penzance Pl
  • Address - House Number: 3977
  • Address - Street Name: Penzance
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R017
  • 4-Digit Zip Code: 6626
  • Zip Code: 23188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,271
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1135
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 88
  • Final Value: 533,108
  • High Value: 593,659
  • Low Value: 472,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,700
  • First Open Lien Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jan 22, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $384,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $394,100
  • Market Land Value: $88,200
  • Market Improvement Value: $305,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,100
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $305,900

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11735346981
  • Current Sale Price: $384,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200000970
  • Previous Sale Recording Date: Oct 09, 2019
  • Previous Sale Contract Date: Oct 07, 2019
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Mortgage Transaction Date: Jan 22, 2020
  • First Mortgage Loan Amount: $384,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About James City



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 3977 Penzance Place located in?
The 3977 Penzance Place is a located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 3977 Penzance Place?
The average sales price for units in 3977 Penzance Place is $0 currently.

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