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748 Sherman Drive

748 Sherman Drive, Lynchburg, VA 24502
Property in Sandusky
Sold Sep 09, 2009
$155,000
$100,000 by Primary Capital Advisors Lc
Mortgage Due Oct 01, 2039
748 Sherman Drive has been categorized by the local assessors in Lynchburg, VA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 9 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 748 Sherman Drive has 1,522 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 778 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 14,728 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 open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Sep 1, 2009 for $155,000. That's $101.84 per sqft. 748 Sherman Drive was last assessed in 2023. The total value of the property was assessed at $222,900. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $185,400. 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 $1,984. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 778
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,728
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD SANDUSKY
  • Land Acres: 0.338
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANDUSKY ACRES, BLK 11, LOT 1

Ownership

  • Current Owner : KRUSE DOUGLAS W
  • Current Owner 2: KRUSE PATRICIA J
  • Previous Owner : BOSSE JOSHUA T
  • Previous Owner 2: BOSSE ANGELA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000901

Zoning

  • Zoning: R1

Geography

  • Parcel: 158 11 001
  • Block: 11
  • Lot: 1
  • Latitude: 37.3809
  • Longitude: -79.193

    Address

  • Full Address: 748 Sherman Dr
  • Address - House Number: 748
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C006
  • 4-Digit Zip Code: 1428
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,984

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 269,157
  • High Value: 333,398
  • Low Value: 204,916

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PRIMARY CAPITAL ADVISORS LC
  • First Open Lien Mortgage Recording Date: Sep 09, 2009
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Oct 01, 2039
  • Second Open Lien Mortgage Lender: SELECT BANK
  • Second Open Lien Mortgage Recording Date: Sep 24, 2012
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $222,900
  • Market Land Value: $37,500
  • Market Improvement Value: $185,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,900
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $185,400

    Sales

  • Current Sale Contract Date: Sep 01, 2009
  • Current Sale Recording Date: Sep 09, 2009
  • Current Sale Transaction ID: 1188023454
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 09006609

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY CAPITAL ADVISORS LC
  • First Mortgage Transaction Date: Sep 09, 2009
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

    Financing

  • First Mortgage Financing Type: Unknown

About Sandusky



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 748 Sherman Drive located in?
The 748 Sherman Drive is a located in the neighborhood of Sandusky in Sandusky, Lynchburg.
What is the average sales price for listings in 748 Sherman Drive?
The average sales price for units in 748 Sherman Drive is $0 currently.

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