NOT LISTED FOR SALE

1025 Preservation Rd Midlothian, VA 23113

Estimated Value: $1,113,998

2.23 Acres
$499,551 Price per Acre
97,139 Sq Ft Lot

Last Sold April 28, 2017

Last sale price $149,000 $41 Per Sq Ft

Est. 648% increase in value since last sale

Current estimated payment $6,786/month

65 Days on Market

Highlights

  • Wetlands on Lot
  • Trails
  • Lot Has A Rolling Slope
  • Landscaped with Trees

About This Lot

As of April 2017

This is lot 19 of a beautiful private classic country neighborhood with Powhatan Taxes and a Midlothian Address. There are 50 acres set aside in natural habitat. There are 9 Other Lots available. Location Map and Plat are in supplements
Cash Proffers for this lot are $2000 and due at time of occupancy permit.

Last Agent to Sell the Property

Phil Scott

Scott Real Estate License #0225051309 Listed on: 02/01/2017

Last Buyer's Agent

Phil Scott

Scott Real Estate License #0225051309 Listed on: 02/01/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,288

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 250 x 436
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Zoning described as R-5

Schools

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

Utilities

  • Well Required

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 043D 1 19

Community Details

Overview

  • Property has a Home Owners Association
  • The Preserve At Huguenot Springs Subdivision

Amenities

  • Common Area

Recreation

  • Trails
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,288

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 2.23
  • Lot Size: 250 x 436
  • Ownership: Corporate
  • Subdivision Name: The Preserve at Huguenot Springs
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Hardwood Trees, Rolling Slope, Wetlands
  • Waterfront: No
  • Disclosures: Disclosure on File, Deed Restriction
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • 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 Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: 043D 1 19
  • Wooded Area: 2.28
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1287.9
  • Tax Lot: 19

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2018
Sold by
Martinez Eladio D and Martinez Donna D
Bought by
Ballentine William T and Ballentine Lynn C
Total Days on Market
65
Current Estimated Value
$1,113,998

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 21, 2017
Sold by
Powhatan Country Props Llc
Bought by
Martinez Eladio and Martinez Donna D
Seller's Agent
Phil Scott
Scott Real Estate
Buyer's Agent
Phil Scott
Scott Real Estate
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.92%
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
Ballentine William T $165,000 --
Martinez Eladio $149,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ballentine William T $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $149,000 0.0% $41 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $149,000 -- $41 / Sq Ft
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 $7,248 $1,050,400 $195,800 $854,600
2024 $6,711 $972,600 $181,300 $791,300
2023 $6,514 $902,000 $171,800 $730,200
2022 $6,945 $902,000 $171,800 $730,200
2021 $7,255 $853,500 $166,800 $686,700
2020 $7,255 $150,800 $150,800 $0
2019 $1,327 $150,800 $150,800 $0
2018 $1,141 $150,800 $150,800 $0
2017 $1,266 $143,100 $143,100 $0
2016 $1,288 $143,100 $143,100 $0
2014 $1,015 $112,800 $112,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1703416

Central Virginia Regional MLS

APN: 043D-1-19