NOT LISTED FOR SALE

1020 Preservation Rd Midlothian, VA 23113

Estimated Value: $260,000 - $302,000

3.84 Acres
$73,177 Price per Acre
167,270 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $250,000

Est. 12% increase in value since last sale

Current estimated payment $1,726/month

3 Days on Market

Highlights

  • Home fronts a pond
  • Wetlands on Lot
  • Lot Has A Rolling Slope
  • 3.84 Acre Lot
  • Trails

About This Lot

As of May 2022

THIS IS THE LAST LOT in this highly sought after neighborhood. It is a beautiful corner lot in and upscale neighborhood with 48+ acres of land preserved around it never to be developed with walking trails and an abundance of wildlife. Topography is perfect for a basement home.
See the supplements for all info or call the listing agent with any questions. You may bring your own builder.

Last Agent to Sell the Property

Phil Scott

Scott Real Estate License #0225051309 Listed on: 03/25/2022

Last Buyer's Agent

Bea Nobles

Harris & Assoc, Inc License #0225098642

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,779

Lot Details

  • 3.84 Acre Lot
  • Home fronts a pond
  • Northeast Facing Home
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Zoning described as R-5

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Flat Rock Elementary School
  • Powhatan Middle School
  • Powhatan High School

Utilities

  • Underground Utilities
  • Well Required
  • Engineered Septic

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 043D-1-8

Community Details

Overview

  • The Preserve At Huguenot Springs Subdivision

Amenities

  • Common Area

Recreation

  • Trails
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,779

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 3.84
  • Lot Size: See Plat
  • Water Body Name: Pond
  • Ownership: Individuals
  • Subdivision Name: The Preserve At Huguenot Springs
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Irregular Lot, Rolling Slope, Waterfront, Wetlands
  • Waterfront Features: Pond, Waterfront
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Direction Faces: Northeast

Utilities

  • Electric: Underground
  • Sewer: Engineered Septic
  • Water Source: Well Needed
  • Utilities: Fiber Optic Available, Natural Gas Not Available, Underground Utilities, Electricity Available

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Trails/Paths
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 043D-1-8
  • Wooded Area: 1.5
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1779.08
  • Tax Lot: 8

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 9, 2022
Sold by
Norton Robert P
Bought by
Nobles Matthew J and Starnes Chloe N
Seller's Agent
Phil Scott
Scott Real Estate
Buyer's Agent
Bea Nobles
Harris & Assoc, Inc
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,000
Avg. Annual Appreciation
3.94%
Original Mortgage
$162,500
Outstanding Balance
$4,812
Interest Rate
4.44%
Mortgage Type
Construction
Estimated Equity
$277,188

Purchase Details

Listed on
Feb 1, 2017
Closed on
May 17, 2017
Sold by
Powhatan Country Props Llc
Bought by
Norton Robert P
Seller's Agent
Phil Scott
Scott Real Estate
Buyer's Agent
Nicole Taylor
Estate Realty Group
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Source: Public Records

Range of Values:

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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
Nobles Matthew J $250,000 --
Norton Robert P $189,000 Fidelity Nat L Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobles Matthew J $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $250,000 0.0% --
03/28/2022 03/28/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $250,000 +32.3% --
05/25/2017 05/25/17 Sold $189,000 0.0% --
04/25/2017 04/25/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $189,000 -- --
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
2025 $1,749 $253,500 $253,500 $0
2024 $1,619 $234,700 $234,700 $0
2023 $1,606 $225,200 $225,200 $0
2022 $1,689 $225,200 $225,200 $0
2021 $1,775 $208,800 $208,800 $0
2020 $1,775 $203,800 $203,800 $0
2019 $1,793 $203,800 $203,800 $0
2018 $1,402 $203,800 $203,800 $0
2017 $1,603 $181,100 $181,100 $0
2016 $1,630 $181,100 $181,100 $0
2014 $1,201 $133,400 $133,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2207632

Central Virginia Regional MLS

APN: 043D-1-8