NOT LISTED FOR SALE

1059 Timber Trace Rd Powhatan, VA 23139

Estimated Value: $394,000 - $462,000

3 Beds
2.5 Baths
1,776 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $339,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,393/month

27 Days on Market

Highlights

  • Central Air
  • Partially Carpeted
  • Heat Pump System

About This Home

As of May 2022

Lovely 3 Bedroom Home tucked away on just over 2 wooded acres in Timber Trace! Freshly painted with laminate floors on the first level and updates in the eat-in kitchen and half bath. Berber carpet on the second level with large rooms and great closet space. Beautiful plantings and inviting outdoor space with freshly stained porches and deck...ready to go for the upcoming warm weather!

Last Agent to Sell the Property

Alex Luck

Long & Foster REALTORS License #0225076210 Listed on: 03/01/2022

Long & Foster REALTORS

Last Buyer's Agent

Greer Jones

NextHome Advantage License #0225264985

NextHome Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1993

Lot Details

  • 2.11 Acre Lot
  • Zoning described as R-2

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

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 7
  • Assessor Parcel Number 052A-1B-7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,687

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1993
  • Property Attached Yn: No
  • Lot Size Acres: 2.114
  • 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: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dishwasher, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1776.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Hardboard
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

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-7
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1687.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 12, 2022
Sold by
Allen Melvin E
Bought by
Sweet Sari G and Dore Ryan W
Seller's Agent
Alex Luck
Long & Foster REALTORS
Buyer's Agent
Greer Jones
NextHome Advantage
List Price
$344,900
Sold Price
$339,000
Premium/Discount to List
-$5,900
-1.71%
Current Estimated Value
$420,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,891
Avg. Annual Appreciation
6.11%
Original Mortgage
$328,830
Outstanding Balance
$312,325
Interest Rate
5.23%
Mortgage Type
Construction
Estimated Equity
$108,566

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 16, 2018
Sold by
Molo Robyn L
Bought by
Allen Melvin E
Seller's Agent
Susan Tyree
Bradley Real Estate, LLC
Buyer's Agent
Alex Luck
Long & Foster REALTORS
List Price
$245,000
Sold Price
$247,500
Premium/Discount to List
$2,500
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$243,016
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2008
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sweet Sari G $339,000 --
Allen Melvin E $247,500 --
-- $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Sari G $328,830
Previous Owner Allen Melvin E $243,016
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $339,000 -1.7% $191 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $344,900 +39.4% $194 / Sq Ft
06/26/2018 06/26/18 Sold $247,500 +1.0% $139 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $245,000 0.0% $138 / Sq Ft
05/04/2013 05/04/13 Rented $1,425 -4.7% --
04/04/2013 04/04/13 Under Contract -- -- --
03/26/2013 03/26/13 For Rent $1,495 -- --
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 $2,339 $311,800 $99,100 $212,700
2024 $1,992 $288,700 $91,800 $196,900
2023 $1,930 $231,300 $78,800 $152,500
2022 $1,735 $231,300 $78,800 $152,500
2021 $1,815 $213,500 $73,800 $139,700
2020 $1,815 $182,600 $67,800 $114,800
2019 $1,607 $182,600 $67,800 $114,800
2018 $1,568 $182,600 $67,800 $114,800
2017 $1,612 $182,200 $67,800 $114,400
2016 $1,523 $182,200 $67,800 $114,400
2014 $1,523 $169,200 $55,800 $113,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alex Luck

    Long & Foster

    1 in this area

    30 Total Sales

    Alex Luck
    Section Image
  • Greer Jones

    Buyer's Agent in 2022

    Greer Jones

    NextHome Advantage

    (804) 833-7749

    7 in this area

    115 Total Sales

    Greer Jones
    Section Image

  • S

    Seller's Agent in 2018

    Susan Tyree

    Bradley Real Estate, LLC

    (281) 520-1375

    4 Total Sales

    Susan Tyree
    Section Image

  • K

    Seller's Agent in 2013

    Katrina Benbow

    E. A. Williams Property Mgmt.

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2205003

Central Virginia Regional MLS

APN: 052A-1B-7

Virginia Powhatan County Powhatan 23139

1059 Timber Trace Rd, Powhatan, VA

Not Listed for Sale

Detached

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Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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