NOT LISTED FOR SALE

10518 Buchanan Ln Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $587,000 - $728,663

5.05 Acres
$126,023 Price per Acre
219,978 Sq Ft Lot

Sale Details

Date Sold: February 24, 2017

Last sale price $45,000

Est. 1,314% increase in value since last sale

Current estimated payment $3,634 / mo

42 Days on Market

Highlights

  • 5.05 Acre Lot
  • Wooded Lot
  • Level Lot
  • Petsworth Elementary School Rated 9+
  • Shed

About This Lot

As of February 2017

5 acres of level land on private road. Mobile home and horses permitted. The land is partially cleared. Old 1988 trailer conveys as is where is. The adjacent 5 Acre lot is also available.

Last Agent to Sell the Property

Cheri Nice

Liz Moore & Associates - NN License #225037082 Listed on: 12/15/2016

Liz Moore & Associates - NN

Last Buyer's Agent

Non-Member Non-Member

Williamsburg MLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $614

Lot Details

  • 5.05 Acre Lot
  • Level Lot
  • Wooded Lot

Outdoor Features

  • Electricity Available at Street
  • Shed

Schools

  • Petsworth Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 010-65D

Property Details

Property Type

Land

Est. Annual Taxes

$614

Lot Details

5.05 Acres

Listing Details

  • Zoning: RC-1
  • Property Type: Lots/Land
  • Property Sub Type: Residential Land
  • Possible Use: Recreational, Horses Permitted
  • Building Structures: Shed
  • County Or City: Gloucester
  • Land Use Asmt: Unknown
  • Neighborhood Name: Level Springs Farm
  • Other Environ: Unknown
  • Parcel Number: 010-65D
  • Telecommunication: No Service
  • Acres: 5.0500
  • Special Features: None

Interior Features

  • Post Office: Gloucester

Exterior Features

  • Wooded Acres: 5.0500

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: No Sewer
  • Water: No Water

Schools

  • Elementary School: Petsworth
  • High School: Gloucester
  • Middle School: Peasley

Lot Info

  • Lot Description: Addl Parcel Available, Level, Wooded

Tax Info

  • Annual Taxes: 614.00
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2016
Closed on
Feb 21, 2017
Sold by
Bought by
Seller's Agent
Cheri Nice
Liz Moore & Associates - NN
Buyer's Agent
Non-Member Non-Member
Williamsburg MLS
List Price
$40,000
Sold Price
$45,000
Premium/Discount to List
$5,000
12.5%
Current Estimated Value
$636,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,416
Avg. Annual Appreciation
32.40%
Original Mortgage
$68,000
Interest Rate
4.12%
Mortgage Type
Farmers Home Administration
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ware Neck, VA

  • Carrie Padula Real Estate Agent - Coldwell Banker Traditions LLC

    Carrie Padula

    Coldwell Banker Traditions LLC

    (757) 267-4841

    29 Total Sales

    1 in Ware Neck

    $475,000 Price

    Carrie Padula
     Section Image
  • Jena Simpson Real Estate Agent - Long & Foster REALTORS

    Jena Simpson

    Long & Foster REALTORS

    (804) 655-0009

    99 Total Sales

    1 in Ware Neck

    $163,100 Price

    Jena Simpson
     Section Image
  • Candace Segalini Real Estate Agent - Southern Trade Realty Inc.

    Candace Segalini

    Southern Trade Realty Inc.

    (757) 908-3397

    78 Total Sales

    7 in Ware Neck

    $75K - $465K Price Range

    Candace Segalini
     Section Image
  • Lea' Marie Ngowakl Real Estate Agent - Atlantic Sothebys Int'l Realty

    Lea' Marie Ngowakl

    Atlantic Sothebys Int'l Realty

    (757) 866-4954

    172 Total Sales

    1 in Ware Neck

    $415,000 Price

    Lea' Marie Ngowakl
     Section Image
  • Ira Millen Real Estate Agent - NextHome Coast to Country RE

    Ira Millen

    NextHome Coast to Country RE

    (757) 909-6485

    36 Total Sales

    6 in Ware Neck

    $15K - $378K Price Range

    Ira Millen
     Section Image
  • Jennifer Mitchell Real Estate Agent - KW Allegiance

    Jennifer Mitchell

    KW Allegiance

    (844) 786-0626

    30 Total Sales

    2 in Ware Neck

    $370,888 Price Range

    Jennifer Mitchell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $302,000
Closed $68,000
Previous Owner $40,000
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $45,000 +12.5% --
01/26/2017 01/26/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $40,000 -- --
Source: Williamsburg Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,068 $499,750 $70,760 $428,990
2024 $3,068 $499,750 $70,760 $428,990
2023 $2,914 $499,750 $70,760 $428,990
2022 $2,544 $350,920 $76,410 $274,510
2021 $2,439 $350,920 $76,410 $274,510
2020 $1,950 $350,920 $76,410 $274,510
2019 $1,738 $250,050 $72,910 $177,140
2017 $353 $49,260 $49,260 $0
2016 $314 $45,160 $44,190 $970
2015 $306 $61,000 $61,000 $0
2014 $397 $61,000 $61,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheri Nice Real Estate Agent - Liz Moore & Associates - NN

    Seller's Agent in 2017

    Cheri Nice

    Liz Moore & Associates - NN

    (804) 815-1936

    3 in this area

    113 Total Sales

    Cheri Nice
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    VA_WMLS

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1640081

Williamsburg Multiple Listing Service

APN: 30438

Virginia Gloucester County Gloucester 23061 Ware Neck

10518 Buchanan Ln, Gloucester, VA

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Williamsburg Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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