NOT LISTED FOR SALE

1010 Colony Trail Lanexa, VA 23089

Estimated Value: $756,000 - $1,189,445

1.2 Acres
$845,926 Price per Acre
52,272 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $241,900

Est. 320% increase in value since last sale

Current estimated payment $6,179/month

296 Days on Market

Highlights

  • Boat Ramp
  • Picnic Area
  • The river is a source of water for the property
  • Home fronts navigable water

About This Lot

As of November 2022

Sunset Waterfront building lot on the Chickahominy River! 1.25 acres in The Colonies. Mostly cleared and level for building with high view of the water. River flows in the James River and into the Chesapeake Bay. Nature will surround you. Plenty of room for a garden and the kids and dogs to run. HOA is non-mandatory, but if you choose to join for a $100 annual membership, a neighborhood boat ramp, fishing pier and picnic gazebo are available. Ask me for builder recommendations or bring your own builder.

Last Agent to Sell the Property

Barbara Levine

Liz Moore & Associates-2 License #0225049359 Listed on: 11/15/2021

Liz Moore & Associates-2

Last Buyer's Agent

Barbara Levine

Liz Moore & Associates-2 License #0225049359 Listed on: 11/15/2021

Liz Moore & Associates-2

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,329

Year Built

  • 2023

Lot Details

  • 1.2 Acre Lot
  • Home fronts navigable water
  • River Front
  • Property fronts a county road
  • Cleared Lot

HOA Fees

  • $9 Monthly HOA Fees

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Utilities

  • Natural Gas Not Available
  • The river is a source of water for the property
  • Community Well
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 52A1 1 11

Community Details

Overview

  • Association fees include comm area maintenance, community utilities, water access
  • Association Phone (804) 966-7251
  • The Colonies New Kent Subdivision
  • Property managed by The Colonies Homeowners Assoc.

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,329

Year Built

2023

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Zoning: ROA
  • Property Type: Lots/Land
  • Possible Use: Single Family
  • County Or City: New Kent
  • Parcel Number: 52A1 1 11
  • Telecommunication: Telephone
  • Water Type: MLW 6+ Ft, Navigable, River, River Frontage
  • Acres: 1.2000
  • CombinedMonthlyFeesAmt: 9.00
  • Directions: 64W /Exit 231-A, L@30, R@60W, L@627 Waterside Dr, L@Colony Trail
  • FILLSUBDIVISION: The Colonies - New Kent
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Post Office: Lanexa

Exterior Features

  • Waterfront: Yes

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: Septic Needed
  • Water: Community Well

Condo/Co-op/Association

  • Amenities: Boat Ramp, Dock, Picnic Area
  • Fee Description: Community Association
  • Fee Includes: Comm Area Maintenance, Community Utilities, Water Access

Schools

  • Elementary School: New Kent
  • Middle School: New Kent
  • High School: New Kent
  • Elementary School: New Kent
  • High School: New Kent
  • Middle School: New Kent

Lot Info

  • Lot Description: Buildable, Cleared

Rental Info

  • Minimum Deposit: 5000

Multi Family

  • Management Firm: The Colonies Homeowners Assoc.
  • Management Phone: 804-966-7251

Tax Info

  • Annual Taxes: 2329.00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Payne Michael Scott and Payne Tammy Shaban
Bought by
Payne Family Trust and Payne
Total Days on Market
296
Current Estimated Value
$1,015,111

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 14, 2022
Sold by
Brewer Michael W and Brewer Laura M
Bought by
Payne Michael Scott and Payne Tammy Shaban
Seller's Agent
Barbara Levine
Liz Moore & Associates-2
Buyer's Agent
Barbara Levine
Liz Moore & Associates-2
List Price
$243,000
Sold Price
$241,900
Premium/Discount to List
-$1,100
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.88%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Jordan David D
Bought by
Brewer Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Payne Family Trust -- None Listed On Document
Payne Michael Scott $241,900 Old Republic National Title
Brewer Michael W $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Michael Scott $150,000
Previous Owner Payne Michael Scott $569,500
Previous Owner Brewer Michael W $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $241,900 -0.5% --
09/07/2022 09/07/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $243,000 -- --
Source: Williamsburg Multiple Listing Service

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 $5,668 $960,600 $281,900 $678,700
2023 $1,670 $249,300 $249,300 $0
2022 $1,670 $249,300 $249,300 $0
2021 $2,191 $277,300 $277,300 $0
2020 $2,191 $277,300 $277,300 $0
2019 $2,453 $299,100 $299,100 $0
2018 $2,453 $299,100 $299,100 $0
2017 $2,483 $299,100 $299,100 $0
2016 $2,483 $299,100 $299,100 $0
2015 $2,511 $298,900 $298,900 $0
2014 -- $298,900 $298,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Levine

    Seller's Agent in 2022

    Barbara Levine

    Liz Moore & Associates-2

    (757) 810-8624

    103 Total Sales

    Barbara Levine
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2104523

Williamsburg Multiple Listing Service

APN: 52A1 1 11

Virginia New Kent County Lanexa 23089

1010 Colony Trail, Lanexa, VA

This home is located at 1010 Colony Trail, Lanexa, VA 23089 since 15 November 2021 and is currently estimated at $1,015,111. This property was built in 2023. 1010 Colony Trail is a home located in New Kent County with nearby schools including New Kent High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Williamsburg Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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