NOT LISTED FOR SALE

11159 Broken Bit Ln Ashland, VA 23005

Elmont Neighborhood

Estimated Value: $614,000 - $752,392

10 Acres
$66,385 Price per Acre
435,600 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $150,000

Est. 343% increase in value since last sale

Current estimated payment $4,029/month

151 Days on Market

About This Lot

As of May 2016

Enjoy the 10 wooded acres with the conveniences with close proximity to Route 1, Interstate 95, Virginia Center Commons Mall and the Town of Ashland. Zoned A-1, ideal for your home site. Covenants require a minimum of 2,700 square foot, no higher than three stories

Last Agent to Sell the Property

Jody Korman

RE/MAX Commonwealth License #0225060289 Listed on: 08/02/2015

Last Buyer's Agent

Kristin Thompson

Ridge Point Realty LLC License #0225181251

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $954

Year Built

  • 2017

Lot Details

  • 10 Acre Lot
  • Property fronts a private road
  • Zoning described as A-1 - AGRICULTURAL

HOA Fees

  • $29 Monthly HOA Fees

Schools

  • Elmont Elementary School
  • Liberty Middle School
  • Patrick Henry High School

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cedar Ridge Estates Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7778-11-5989

Property Details

Property Type

Land

Est. Annual Taxes

$954

Year Built

2017

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 10.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: Cedar Ridge Estates
  • Special Features: None
  • Year Built (Public Record): 2017

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None

Utilities

  • Sewer: None
  • Water Source: None
  • Utilities: Natural Gas Not Available

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 7778-11-5989
  • Zoning Description: A-1 - AGRICULTURAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 954.18
  • Tax Lot: 12

MLS Schools

  • Elementary School: Elmont
  • High School: Patrick Henry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Mar 29, 2016
Sold by
Charpentier Robert J and Charpentier Barbara Lynn
Bought by
Thompson Kristin K and Palko Susan M
Seller's Agent
Jody Korman
RE/MAX Commonwealth
Buyer's Agent
Kristin Thompson
Ridge Point Realty LLC
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%
Total Days on Market
151
Current Estimated Value
$663,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,848
Avg. Annual Appreciation
17.90%
Original Mortgage
$534,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2005
Sold by
G And W L L C
Bought by
Carpenter Robert J
Source: Public Records

Range of Values:

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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
Thompson Kristin K $150,000 Attorney
Carpenter Robert J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kristin Kay $510,000
Closed Thompson Kristin K $535,900
Closed Thompson Kristin K $534,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $150,000 -23.1% --
12/31/2015 12/31/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $195,000 -- --
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
2024 $5,722 $706,400 $167,900 $538,500
2023 $5,152 $669,100 $161,200 $507,900
2022 $4,620 $570,400 $147,700 $422,700
2021 $4,304 $531,300 $129,100 $402,200
2020 $4,304 $531,300 $129,100 $402,200
2019 $3,366 $496,000 $129,100 $366,900
2018 $3,366 $415,600 $122,800 $292,800
2017 $1,959 $241,800 $122,800 $119,000
2016 $954 $122,800 $122,800 $0
2015 $954 $117,800 $117,800 $0
2014 $954 $117,800 $117,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Jody Korman

    Seller's Agent in 2016

    Jody Korman

    RE/MAX

    Section Image
  • Kristin Thompson

    Buyer's Agent in 2016

    Kristin Thompson

    Ridge Point Realty LLC

    (804) 839-6241

    33 Total Sales

    Kristin Thompson
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1521954

Central Virginia Regional MLS

APN: 7778-11-5989

Virginia Hanover County Ashland 23005 Elmont

11159 Broken Bit Ln, Ashland, VA

This home is located at 11159 Broken Bit Ln, Ashland, VA 23005 since 02 August 2015 and is currently estimated at $663,848. This property was built in 2017. 11159 Broken Bit Ln is a home located in Hanover County with nearby schools including Elmont Elementary School, Liberty Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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