$262,000
SOLD OCT 12, 2018

1039 Timber Trace Rd Powhatan, VA 23139

3 Beds
2.5 Baths
1,950 Sq Ft
2 Acres

Recently Sold

$134 Per Sq Ft

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Separate Formal Living Room
  • Screened Porch
  • Wood Flooring
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of December 2020

Beautiful two-story in convenient Timber Trace neighborhood! Just renovated and ready to move right in! Country front porch and screened rear porch to enjoy the private two acre setting. Easy maintenance vinyl siding. The home features updated bamboo wood flooring throughout the main level. The entry foyer opens to the great room with gas fireplace as well as the formal dining room/home office. The spacious eat-in kitchen was just updated with granite counters, stainless appliances, built-in pantry, access to the rear hall, half bath and laundry room with second refrigerator. The rear stairs lead to the second level with three bedrooms and two full baths. The upstairs has new carpet throughout. The king-sized master bedroom has vaulted ceiling and beautiful, sunny triple palladian window. The master has a huge walk-in closet and a terrific tile bathroom with oversized tile shower with double shower heads, double vanity and water closet. There is lots of storage space in the walk-up attic. There are two detached storage sheds as well as an attached storage shed. Paved driveway. The owners used comcast/x-finity internet service.

Last Agent to Sell the Property

Hank Cosby

Hank Cosby Real Estate License #0225046601 Listed on: 09/13/2018

Last Buyer's Agent

Brian Hare

Fine Creek Realty License #0225217892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Zoning described as R-2

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Separate Formal Living Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Outbuilding

Schools

  • Powhatan Elementary School
  • Pocahontas Middle School
  • Powhatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Timber Trace Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 052A-1B-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Property Attached Yn: No
  • Lot Size Acres: 2.0
  • Ownership: Individuals
  • Subdivision Name: Timber Trace
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 1950.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Out Building(s), Porch, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: 052A-1B-9
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1838.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Bright Melinda B and Bright William J
Bought by
Anderson Emily M
Current Estimated Value
$447,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,830
Outstanding Balance
$298,407
Interest Rate
3.05%
Mortgage Type
Construction
Estimated Equity
$148,780

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 5, 2018
Sold by
Bailey David E
Bought by
Bowles Stephen and Bowles Melissa
Seller's Agent
Hank Cosby
Hank Cosby Real Estate
Buyer's Agent
Brian Hare
Fine Creek Realty
List Price
$262,000
Sold Price
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Aug 10, 1992
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 Type Sale Price Title Company
Grant Deed $339,000 --
Grant Deed $262,000 --
Deed $107,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,830 Construction
Closed $270,646 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $319,950 0.0% $164 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $319,950 +22.1% $164 / Sq Ft
10/12/2018 10/12/18 Sold $262,000 0.0% $134 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $262,000 -- $134 / 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 $2,766 $368,800 $98,300 $270,500
2024 $2,356 $341,500 $91,000 $250,500
2023 $2,252 $270,300 $78,000 $192,300
2022 $2,081 $270,300 $78,000 $192,300
2021 $2,032 $239,000 $73,000 $166,000
2020 $2,032 $206,700 $67,000 $139,700
2019 $1,819 $206,700 $67,000 $139,700
2018 $1,753 $206,700 $67,000 $139,700
2017 $1,838 $207,700 $67,000 $140,700
2016 $1,669 $207,700 $67,000 $140,700
2014 $1,669 $185,400 $55,000 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1832740

Central Virginia Regional MLS

APN: 052A-1B-9