NOT LISTED FOR SALE

1049 Timber Trace Rd Powhatan, VA 23139

Estimated Value: $424,000 - $513,000

3 Beds
2.5 Baths
2,085 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $360,000 $173 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,802/month

3 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Shed
  • 3 Car Detached Garage
  • Patio
  • Central Air

About This Home

As of January 2021

Escape from it all! Do not hesitate to set up a showing for this beautiful home in Eastern Powhatan in a quiet neighborhood, Powhatan country living at its finest. Just 5-10 minutes away from all that Powhatan has to be desired. This home is very well maintained, featuring a beautiful kitchen with hardwood floors, granite countertops and stainless steel appliances. All 3 bedrooms are on the second floor of the home. With the primary bedroom featuring a spacious master bath and spacious walk in closet. You will love relaxing in the attached Florida sun room which looks out over the fenced-in back yard and covered deck, with concrete patio and fire pit. The owners recently added a 24 by 40 detached garage/workshop perfect for every home maintenance and hobby project. Set up a showing today!

Last Agent to Sell the Property

Brian Hare

Fine Creek Realty License #0225217892 Listed on: 11/20/2020

Last Buyer's Agent

Pamela Vaughan

Fathom Realty Virginia License #0225208483

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Zoning described as R-2

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,085 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Powhatan Elementary And 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 8
  • Assessor Parcel Number 052A-1B-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 1992

Lot Details

0

Parking

3

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: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2085.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Detached, Garage, Paved, Workshop in Garage

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: Powhatan

Lot Info

  • Parcel Number: 052A-1B-8
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1914.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 29, 2020
Sold by
Littlefield Richard L and Littlefield Brandy N
Bought by
Tuck Deborah L
Seller's Agent
Brian Hare
Fine Creek Realty
Buyer's Agent
Pamela Vaughan
Fathom Realty Virginia
List Price
$349,950
Sold Price
$360,000
Premium/Discount to List
$10,050
2.87%
Current Estimated Value
$469,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,872
Avg. Annual Appreciation
5.61%
Original Mortgage
$324,000
Outstanding Balance
$293,659
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$169,344

Purchase Details

Listed on
Jun 24, 2016
Closed on
Nov 10, 2016
Seller's Agent
Darlene Bowlin
Fine Creek Realty
Buyer's Agent
Beth Pretty
KW Metro Center
List Price
$268,500
Sold Price
$260,000
Premium/Discount to List
-$8,500
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jul 2, 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 Buyer Sale Price Title Company
Tuck Deborah L $360,000 --
-- $260,000 --
-- $94,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuck Deborah L $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $360,000 +2.9% $173 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $349,950 +34.6% $168 / Sq Ft
11/10/2016 11/10/16 Sold $260,000 -1.8% $128 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
10/02/2016 10/02/16 Price Changed $264,900 -1.1% $130 / Sq Ft
09/13/2016 09/13/16 Price Changed $267,900 -0.2% $131 / Sq Ft
09/09/2016 09/09/16 Price Changed $268,450 0.0% $132 / Sq Ft
08/19/2016 08/19/16 For Sale $268,500 0.0% $132 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $268,500 -- $132 / 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 $2,761 $400,100 $98,300 $301,800
2024 $2,556 $370,400 $91,000 $279,400
2023 $2,458 $302,100 $78,000 $224,100
2022 $2,326 $302,100 $78,000 $224,100
2021 $2,185 $257,100 $73,000 $184,100
2020 $2,185 $217,500 $67,000 $150,500
2019 $1,914 $217,500 $67,000 $150,500
2018 $1,835 $217,500 $67,000 $150,500
2017 $1,739 $218,300 $67,000 $151,300
2016 $1,739 $218,300 $67,000 $151,300
2014 $1,739 $193,200 $55,000 $138,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2035262

Central Virginia Regional MLS

APN: 052A-1B-8