$130,000
SOLD MAR 17, 2016

1040 Preservation Rd Midlothian, VA 23113

2.23 Acres
$58,218 Price per Acre
97,269 Sq Ft Lot

Recently Sold

5% Below List Price

161 Days on Market

About This Lot

As of June 2020

Culdesac Lot in Premier Subdivision only minutes from 288 or Short Pump! Forever surrounded by conservation! Loads of privacy. CONVENTIONAL SEPTIC FOR 5-BEDROOM, SOIL ANALYSIS ALREADY COMPLETED. BRING YOUR OWN BUILDER. Wonderfully situated lot at the end of the street, would make a great basement lot if desired. Private owners are motivated. Survey and soil documents available upon request. Feel free to walk the lot, or the owner will be happy to meet you! Best price in the neighborhood!

Last Agent to Sell the Property

Kevin Blake

Colonial Realty & Appraisal License #0225085335 Listed on: 09/04/2015

Last Buyer's Agent

Lauren Utsch

Luxe Group LLC License #0225199738

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,011

Lot Details

  • 2.23 Acre Lot
  • Cul-De-Sac

Schools

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

Utilities

  • Well Required

Community Details

  • The Preserve At Huguenot Springs Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number M0015434

Property Details

Property Type

Land

Est. Annual Taxes

$1,011

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.233
  • Ownership: Individuals
  • Subdivision Name: The Preserve at Huguenot Springs
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Disclosures: Disclosure on File

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: M0015434
  • Pasture Area: 0.23
  • Wooded Area: 2.0
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1010.7
  • Tax Lot: 15

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 24, 2020
Sold by
Utsch Brendan D and Utsch Jessica L
Bought by
Alexander Hawkins and Hawkins Amy C
Seller's Agent
Lauren Utsch
Luxe Group LLC
Buyer's Agent
Elliott Gravitt
Providence Hill Real Estate
List Price
$735,000
Sold Price
$745,000
Premium/Discount to List
$10,000
1.36%
Current Estimated Value
$1,015,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,059
Avg. Annual Appreciation
6.13%
Original Mortgage
$745,000
Outstanding Balance
$605,944
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$397,129

Purchase Details

Listed on
Sep 4, 2015
Closed on
Mar 21, 2016
Seller's Agent
Kevin Blake
Colonial Realty & Appraisal
Buyer's Agent
Lauren Utsch
Luxe Group LLC
List Price
$137,000
Sold Price
$130,000
Premium/Discount to List
-$7,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.37%

Purchase Details

Closed on
Aug 20, 2009
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 Type Sale Price Title Company
Grant Deed $745,000 --
Deed $130,000 --
Deed $164,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $745,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2020 06/27/20 Sold $745,000 +1.4% $204 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $735,000 +465.4% $201 / Sq Ft
03/17/2016 03/17/16 Sold $130,000 -5.1% --
02/12/2016 02/12/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $137,000 -- --
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 $6,176 $895,000 $194,500 $700,500
2024 $5,718 $828,700 $180,100 $648,600
2023 $5,569 $752,000 $170,600 $581,400
2022 $5,790 $752,000 $170,600 $581,400
2021 $6,032 $709,600 $158,200 $551,400
2020 $6,032 $592,900 $152,200 $440,700
2019 $5,218 $592,900 $152,200 $440,700
2018 $2,549 $592,900 $152,200 $440,700
2017 $1,258 $142,200 $142,200 $0
2016 $1,280 $142,200 $142,200 $0
2014 $1,011 $112,300 $112,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1525060

Central Virginia Regional MLS

APN: 043D-1-15