NOT LISTED FOR SALE

198 Old Banks Farm Charlottesville, VA 22902

Estimated Value: $350,000 - $368,000

3 Beds
2 Baths
1,400 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 198 Old Banks Farm, Charlottesville, VA 22902 and is currently estimated at $361,583, approximately $258 per square foot. 198 Old Banks Farm is a home located in Albemarle County with nearby schools including Scottsville Elementary School, Leslie H. Walton Middle School, and Monticello High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2014
Sold by
Sc & Jl Properties Llc
Bought by
Gibson Richard B and Gardner Melissa L
Current Estimated Value
$361,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Outstanding Balance
$6,038
Interest Rate
4.25%
Mortgage Type
Seller Take Back
Estimated Equity
$357,659

Purchase Details

Closed on
Oct 23, 2013
Sold by
Household Realty Corp
Bought by
Sc & Jl Properties Llc

Purchase Details

Closed on
Jul 15, 2013
Sold by
Surety Trustees Llc
Bought by
Household Realty Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Richard B $168,900 Chicago Title
Sc & Jl Properties Llc $60,000 --
Household Realty Corp $67,500 None Available
Hsbc Consumer Lending Mtg Services $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Richard B $7,900
Closed Gibson Richard B $7,900
Open Gibson Richard B $165,306
Previous Owner Mayo Robert Fulton $24,963
Previous Owner Mayo Robert Fulton $211,953
Previous Owner Mayo Robert Fulton $16,894
Previous Owner Mayo Robert Fulton $143,873
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,816 $315,000 $75,800 $239,200
2024 $2,606 $305,100 $72,300 $232,800
2023 $2,503 $293,100 $63,000 $230,100
2022 $2,290 $268,100 $66,100 $202,000
2021 $1,994 $233,500 $66,100 $167,400
2020 $1,840 $215,400 $57,400 $158,000
2019 $1,739 $203,600 $52,900 $150,700
2018 $1,428 $186,000 $44,200 $141,800
2017 $1,295 $154,400 $36,400 $118,000
2016 $1,394 $166,200 $48,800 $117,400
2015 $667 $162,800 $48,800 $114,000
2014 -- $104,400 $48,800 $55,600
Source: Public Records

Map

Virginia Albemarle County Charlottesville 22902

198 Old Banks Farm, Charlottesville, VA

This home is located at 198 Old Banks Farm, Charlottesville, VA 22902 and is currently estimated at $361,583, approximately $258 per square foot. 198 Old Banks Farm is a home located in Albemarle County with nearby schools including Scottsville Elementary School, Leslie H. Walton Middle School, and Monticello High School.

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