509 TANNERY LN
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Location
509 TANNERY LN
Tax Map #
131/ B2 11/ / 5/
Acct#
R23742
Owner
ALBEMARLE 12 LLC
Use Code
MULTI-FAM RESID - APMT
PID
22355
Building Count
1
Legal Description
TANNERY APARTMENTS L 5;
Zone
TOWN
User Field 4
B1
User Field 5
N
Lot Type
Commerc
Topography
Utility
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,009,400$75,000$1,084,400

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerALBEMARLE 12 LLC
Co-Owner
Care Of
AddressPO BOX 456
STAUNTON, VA 24402
Sale Price$5,225,000
Book & Page 5365/90
Sale Date02/03/2021
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
ALBEMARLE 12 LLC$5,225,0005365/900002/03/2021
MICHAEL BROTHERS INC 7 LOTS$0769/6450012/01/1776

Building Information
Building 1 : Section 1
Year Built: 1985
Living Area: 14,592
Replacement Cost: $1,274,947
Building Percent Good: 79
Replacement Cost
Less Depreciation:
$1,007,200
Building Attributes
FieldDescription
Style2+ Story Maximum
ModelResidential
Grade 
Stories02
FoundationCINDER BLOCK
Exterior Wall 1BRICK
Roof TypeGABLE
Roof CoverCOMP SHINGLE
Interior Wall 1DRY WALL
Garage Type 
Heat SystemELECTRIC
AC TypeYES
Bedroom(s)2
Full Bath(s)1
Half Bath(s)0
Extra Fixture(s)0
Total Room(s)0
Condition Factor1.00
Interior Floor 1CARPET/VINYL
Heat FuelELECTRIC
Num Cars - Garage0
Fireplace(s)0
Nbhd Adjust 
Orig StyleApartments
Num Units16
Flue(s)0
UtilitiesConnected
Fin Bsmt Quality 
Basement 
Fin Basement % 
ConditionFair
Fin Basement Area
Basement_Area0
Picture #60231
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
A01APARTMENT/BRICK AVERAGE 14,592 14,592
DECKDECK 120 0
PATPATIO 120 0
STORSTORAGE 96 0
   14,928 14,592

Extra Features
Extra Features

No Data for Extra Features


Parcel Information
Use Code320R
DescriptionMULTI-FAM RESID - APMT  
Deeded Acres

Land
Land Use
Use Code320R
DescriptionMULTI-FAM RESID - APMT  
Zone
Neighborhood06
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.73
Total Market Land$75,000
Appraised Value$75,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
STORStorageTYTYPICAL224.00 UNITS$1,0001
DRIVEDrivewayPAVPAVED/CONCRETE5200.00 UNITS$1,2001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,009,400$75,000$1,084,400
2025$826,900$75,000$901,900
2024$826,900$75,000$901,900
2023$826,900$75,000$901,900
2022$826,900$75,000$901,900
2021$681,600$75,000$756,600
2020$681,600$75,000$756,600
2019$681,600$75,000$756,600
2018$681,600$75,000$756,600
2017$647,400$75,000$722,400

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