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436 Fairground Road

436 Fairground Road, Madison, VA 22727
Property in Madison
Sold Feb 05, 2020
$165,000
436 Fairground Road has been categorized by the local assessors in Madison, VA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 436 Fairground Road has 2,988 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 352,313 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. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of metal. The exterior walls of the building are made of wood 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 forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Feb 4, 2020 for $165,000. That's $55.22 per sqft. 436 Fairground Road was last assessed in 2023. The total value of the property was assessed at $252,600. Specifically, the land the property is located on was valued at $108,700. While improvements on the property were assessed at a total of $143,900. 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 $1,869. 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. 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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 352,313
  • Total Building Area: 2,988
  • Building Area: 2,988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,988
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 8.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IN 200000184 8.088 AC 48-45A RT 687

Ownership

  • Current Owner : CAPANS MARILYN R
  • Previous Owner : GUNN EDWARD W
  • Previous Owner 2: GUNN MICHELLE A
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Madison County Public Schools
  • Census Tract: 930201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP MAP 48-45A
  • Account Number: 3011
  • Parcel: 48 45A
  • Municipality: MADISON COUNTY
  • Latitude: 38.3528
  • Longitude: -78.2656

    Address

  • Full Address: 436 Fairground Rd
  • Address - House Number: 436
  • Address - Street Name: Fairground
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Madison
  • Carrier Code: H003
  • 4-Digit Zip Code: 3073
  • Zip Code: 22727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,869

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 332,311
  • High Value: 415,438
  • Low Value: 249,183

    Market Valuation

  • Market Total Value: $252,600
  • Market Land Value: $108,700
  • Market Improvement Value: $143,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,600
  • Assessed Land Value: $108,700
  • Assessed Improvements Value: $143,900

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Transaction ID: 11724655706
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200000184

    Last Sale Mortgage

  • First Mortgage Transaction Date: Feb 05, 2020
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Madison



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Frequently Asked Questions

What neighborhood is 436 Fairground Road located in?
The 436 Fairground Road is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 436 Fairground Road?
The average sales price for units in 436 Fairground Road is $0 currently.

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