NOT LISTED FOR SALE

Estimated Value: $35,000

2.2 Acres
$15,909 Price per Acre
95,832 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $34,000

Est. 3% increase in value since last sale

Current estimated payment $211/month

About This Lot

As of February 2024

2.2 acre Building lot on Gwynns Island. Not in a flood zone! Build your perfect Island retreat minutes from Hole in the Wall restaurant and public boat landing. A short boat ride to the Chesapeake Bay. Current owner has jurisdictional determination letter from the Army Corps of Engineers dated 2017 confirming that the property is not in a wetlands area--expired in 2022 so would need to be reissued. Virginia Department of Health approved an alternative septic system for a 4 BR home in 2017-- expired in 2018 so needs to be renewed. Agent related to seller

Last Listed By

Patti Hornstra

Premier Realty of Virginia LLC License #0225096860 Listed on: 02/04/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $230

Lot Details

  • 2.2 Acre Lot
  • Property fronts a private road
  • Cleared Lot

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Utilities

  • Well Required
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 11A4-A-48

Property Details

Property Type

Land

Est. Annual Taxes

$230

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.2
  • Road Frontage Type: Private Road
  • Ownership: Individuals
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Waterfront: No
  • Disclosures: Familial Relation

Utilities

  • Sewer: None
  • Water Source: Well Needed
  • Utilities: Natural Gas Not Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 11A4-A-48
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 230.0

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Feb 13, 2024
Sold by
Locklear Lynda J
Bought by
Diego Benita G
Seller's Agent
Patti Hornstra
Premier Realty of Virginia LLC
Buyer's Agent
Brenda Fisher
BHHS RW Towne Realty LLC
List Price
$45,000
Sold Price
$34,000
Premium/Discount to List
-$11,000
-24.44%
Total Days on Market
0
Views
4
Current Estimated Value
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
2.37%

Purchase Details

Closed on
Nov 28, 2016
Sold by
Brandt Marc Taylor and Brandt Andrea Jeanne
Bought by
Locklear Forence W and Locklear Lynda J

Purchase Details

Closed on
Sep 10, 2007
Sold by
Faust Michael J and Faust Rebecca M
Bought by
Brandt Marc Taylor and Brandt Andrea Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,600
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 12, 2005
Sold by
Taylor Gerlad H
Bought by
Faust Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Plimpton Reathea B and Powell Winifred H
Bought by
Taylor Gerald H

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Diego Benita G -- Stewart Title
Locklear Forence W $47,500 Old Republic National Title
Brandt Marc Taylor $70,500 None Available
Faust Michael J $90,000 --
Taylor Gerald H $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Locklear Forence W $247,600
Previous Owner Faust Michael J $38,178
Previous Owner Taylor Gerald H $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $34,000 -24.4% --
02/04/2024 02/04/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $45,000 -- --
Source: Central Virginia Regional MLS

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
2024 $202 $36,000 $36,000 $0
2023 $202 $36,000 $36,000 $0
2022 $230 $36,000 $36,000 $0
2021 $232 $36,000 $36,000 $0
2020 $232 $36,000 $36,000 $0
2019 $232 $36,000 $36,000 $0
2018 $207 $36,000 $36,000 $0
2017 $207 $36,000 $36,000 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2402800

Central Virginia Regional MLS

APN: 11A4-A-48