NOT LISTED FOR SALE

1050 Preservation Rd Midlothian, VA 23113

Estimated Value: $935,000 - $1,162,000

3.29 Acres
$327,844 Price per Acre
143,487 Sq Ft Lot

Last Sold April 19, 2016

Last sale price $195,000

Est. 454% increase in value since last sale

Current estimated payment $6,304/month

29 Days on Market

Highlights

  • Home fronts a creek
  • Cul-De-Sac
  • Trails
  • Wetlands on Lot
  • Landscaped with Trees
  • Lot Has A Rolling Slope

About This Lot

As of April 2016

This is lot 16 of a beautiful private classic country neighborhood with Powhatan Taxes and a Midlothian Address. There are 50 acres set aside in natural habitat never to be developed that the HOA will own. This is a high quality classic country community. See agent for details and all documents. 11 Other Lots available. SEE OUR VISUAL TOUR. Plat in supplements

Last Agent to Sell the Property

Phil Scott

Scott Real Estate License #0225051309 Listed on: 01/05/2016

Last Buyer's Agent

Jenny Maraghy

Compass License #0225161742

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,452

Lot Details

  • Home fronts a creek
  • Cul-De-Sac
  • South Facing Home
  • 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 16
  • Assessor Parcel Number 043D 1 16

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

$1,452

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Ownership: Corporate
  • Subdivision Name: The Preserve at Huguenot Springs
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Cul-De-Sac, Hardwood Trees, Rolling Slope, Wetlands
  • Waterfront Features: Creek
  • Waterfront: No
  • Disclosures: Disclosure on File, Deed Restriction
  • Direction Faces: South
  • 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 16
  • Pasture Area: 1.29
  • Wooded Area: 2.0
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1451.7
  • Tax Lot: 16

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 18, 2016
Seller's Agent
Phil Scott
Scott Real Estate
Buyer's Agent
Jenny Maraghy
Compass
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$1,079,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$884,918
Avg. Annual Appreciation
18.79%
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
-- $195,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $195,000 -14.8% --
02/03/2016 02/03/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $229,000 -- --
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 $7,217 $962,200 $222,000 $740,200
2024 $6,148 $891,000 $205,600 $685,400
2023 $6,148 $813,900 $196,100 $617,800
2022 $7,162 $813,900 $196,100 $617,800
2021 $6,311 $742,500 $177,300 $565,200
2020 $6,311 $641,200 $171,300 $469,900
2019 $5,643 $641,200 $171,300 $469,900
2018 $3,387 $641,200 $171,300 $469,900
2017 $1,106 $640,400 $171,300 $469,100
2016 $1,452 $161,300 $161,300 $0
2014 $1,106 $122,900 $122,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1600267

Central Virginia Regional MLS

APN: 043D-1-16