NOT LISTED FOR SALE

Estimated Value: $438,731 - $465,000

3 Beds
2.5 Baths
2,080 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $300,000 $144 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,710/month

14 Days on Market

Highlights

  • 1.29 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Kersey Creek Elementary School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of February 2020

Don't miss this unique opportunity to live in the country with instant access to major interstates and award winning schools. Surrounded by a farm, lake, creek, and endless rolling hills, you'll fall for this cozy Colonial perched on a hill. Park in the detached garage workshop that can handle 5-6 cars and all your hobbies with its 11' ceilings, 972 sq ft, and 200Amp service. The garage has 9 inches of insulation and steel roof and 25 year warranty on the paint. Larsen built the garage in 2006. The windows are by “champion” and have a 50-year transferable warranty to next owner. Inside you'll find hardwood floors and gorgeous stone fireplaces anchor the family room and the owners suite. Structural elements are in place with brand new siding and windows. The roof, whole house generator, well and well pump, and water purifier were all installed in 2005. Don't miss this incredible opportunity to own wide open spaces in the heart of Hanover.

Last Agent to Sell the Property

Jenn Hart

Virginia Capital Realty License #0225213983 Listed on: 01/11/2020

Virginia Capital Realty

Last Buyer's Agent

BJ Thornburg

Real Broker LLC License #0225200177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1975

Lot Details

  • 1.29 Acre Lot
  • Zoning described as A1

Parking

  • 4 Car Detached Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Pearsons Corner Elementary School
  • Oak Knoll Middle School
  • Atlee High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Forest Lake Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7798-93-0621

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Property Attached Yn: No
  • Lot Size Acres: 1.292
  • Ownership: Individuals
  • Subdivision Name: Forest Lake Hills
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Separate/Formal Dining Room
  • Living Area: 2080.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Detached, Garage, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 7798-93-0621
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2186.0

MLS Schools

  • Elementary School: Pearsons Corner
  • High School: Atlee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Feb 10, 2020
Sold by
Buchanan Ronald Lee and Buchanan Stephanie
Bought by
Daugherty Michael A
Seller's Agent
Jenn Hart
Virginia Capital Realty
Buyer's Agent
BJ Thornburg
Real Broker LLC
List Price
$270,000
Sold Price
$300,000
Premium/Discount to List
$30,000
11.11%
Current Estimated Value
$448,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,433
Avg. Annual Appreciation
7.15%
Original Mortgage
$270,000
Outstanding Balance
$241,092
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$197,722

Purchase Details

Closed on
Sep 13, 2005
Sold by
Cox William J
Bought by
Buchanan Ronald L

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
6.07%
Mortgage Type
New Conventional
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
Daugherty Michael A $300,000 Old Republic Title
Buchanan Ronald L $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daugherty Michael A $270,000
Previous Owner Buchanan Ronald L $146,000
Previous Owner Buchanan Ronald L $95,000
Previous Owner Buchanan Ronald L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $300,000 +11.1% $144 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $270,000 -- $130 / Sq Ft
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 $3,209 $396,200 $88,300 $307,900
2024 $2,841 $350,700 $78,600 $272,100
2023 $2,434 $316,100 $78,500 $237,600
2022 $2,395 $295,700 $73,800 $221,900
2021 $2,257 $278,600 $68,900 $209,700
2020 $2,197 $271,200 $68,000 $203,200
2019 $2,186 $271,200 $68,000 $203,200
2018 $2,186 $269,900 $68,000 $201,900
2017 $2,186 $269,900 $68,000 $201,900
2016 $2,115 $261,100 $59,200 $201,900
2015 $2,115 $261,100 $59,200 $201,900
2014 $2,115 $261,100 $59,200 $201,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2001064

Central Virginia Regional MLS

APN: 7798-93-0621