NOT LISTED FOR SALE

Estimated Value: $203,000 - $690,000

0.52 Acre
$993,603 Price per Acre
22,695 Sq Ft Lot

Last Sold April 02, 2019

Last sale price $35,000

Est. 400% increase in value since last sale

Current estimated payment $1,168/month

194 Days on Market

Highlights

  • On Golf Course
  • Lafayette High School Rated A-
  • Waterfront

About This Lot

As of April 2019

Bank owned by foreclosure - bring all offers
Golf and water building lot with no developer fee
Bank standard addendum required - terms are cash or loan commitment letter in hand (no pre-approvals), 21 day study period, close in 10 days after end of study period, and a special warranty deed.

Last Agent to Sell the Property

Kerry Riley

Joyner Fine Properties License #0225030019 Listed on: 09/05/2018

Last Buyer's Agent

Susan Krancer

WBG Real Estate Consulting License #0225236504

Property Details

Property Type

  • Land

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • On Golf Course
  • Zoning described as R4

HOA Fees

  • $144 Monthly HOA Fees

Schools

  • D. J. Montague Elementary School
  • Lois Hornsby Middle School
  • Lafayette High School

Utilities

  • Water Not Available
  • Not Connected to Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Fords Colony Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 82
  • Assessor Parcel Number 31-3-04-0-0082

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.521
  • Water Body Name: Lake
  • Ownership: REO
  • Subdivision Name: Fords Colony
  • Special Features: RealEstateOwned

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: Yes
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Available, Phone Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 433.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Lois Hornsby

Lot Info

  • Parcel Number: 31-3-04-0-0082
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1214.0
  • Tax Lot: 82

MLS Schools

  • Elementary School: D. J. Montague
  • High School: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 29, 2019
Sold by
Suntrust Bank
Bought by
Krancer Susan Y
Seller's Agent
Kerry Riley
Joyner Fine Properties
Buyer's Agent
Susan Krancer
WBG Real Estate Consulting
List Price
$80,000
Sold Price
$35,000
Premium/Discount to List
-$45,000
-56.25%
Current Estimated Value
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,000
Avg. Annual Appreciation
48.79%

Purchase Details

Closed on
Nov 28, 2016
Sold by
Kroll Robert C and Kroll Karen E
Bought by
Suntrust Bank

Purchase Details

Closed on
May 24, 2005
Sold by
Vannatta Margaret
Bought by
Kroll Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records
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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
Krancer Susan Y $35,000 First Virginia Title & Ecrow
Suntrust Bank $143,521 Equity Title Co
Kroll Robert $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kroll Robert $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2019 04/02/19 Sold $35,000 -51.4% --
03/18/2019 03/18/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $72,000 -10.0% --
09/05/2018 09/05/18 For Sale $80,000 -- --
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 $1,306 $157,300 $157,300 $0
2023 $1,227 $144,500 $144,500 $0
2022 $1,199 $144,500 $144,500 $0
2021 $1,214 $144,500 $144,500 $0
2020 $1,158 $144,500 $144,500 $0
2019 $1,214 $144,500 $144,500 $0
2018 $607 $144,500 $144,500 $0
2017 $1,214 $144,500 $144,500 $0
2016 $1,214 $144,500 $144,500 $0
2015 $607 $144,500 $144,500 $0
2014 $1,113 $144,500 $144,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1831875

Central Virginia Regional MLS

APN: 31-3 04-0-0082