NOT LISTED FOR SALE

1120 Chapel Ln Cobbs Creek, VA 23035

Estimated Value: $1,158,000

5.12 Acres
$226,172 Price per Acre
223,027 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $350,000

Est. 231% increase in value since last sale

Current estimated payment $6,645/month

67 Days on Market

About This Lot

As of March 2022

Beautiful Parcel now can be purchased from the Warehouse Cove on Chapel Lane.

Last Agent to Sell the Property

Dottie MacDonald

Isabell K. Horsley Real Estate License #0225019243 Listed on: 12/17/2021

Last Buyer's Agent

Dottie MacDonald

Isabell K. Horsley Real Estate License #0225019243 Listed on: 12/17/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,973

Lot Details

  • 5.12 Acre Lot
  • Waterfront
  • Property fronts a county road
  • North Facing Home
  • Zoning described as r1

Outdoor Features

  • Wetlands on Lot

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Utilities

  • Well Required
  • Septic Tank

Listing and Financial Details

  • Exclusions: 0
  • Tax Lot 2-y
  • Assessor Parcel Number 5-A-2, Lot Y

Property Details

Property Type

Land

Est. Annual Taxes

$5,973

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 5.12
  • Lot Size: 5.12
  • Road Frontage Type: County Road
  • Water Body Name: Piankatank
  • Exclusions: 0
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Wetlands
  • Waterfront: Yes
  • Disclosures: Sellers Disclosure Not Available
  • Direction Faces: North
  • Other Structures: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Well Needed
  • Utilities: Natural Gas Not Available, Phone Not Available, Electricity Available

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 5-A-2, Lot Y
  • Wooded Area: 5.12
  • Zoning Description: r1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5973.0
  • Tax Lot: 2-y

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Budwell Leigh Carter
Bought by
Budwell John Spencer
Current Estimated Value
$1,158,000

Purchase Details

Closed on
Jun 29, 2022
Sold by
Cook James L
Bought by
Forehand John W

Purchase Details

Listed on
Dec 17, 2021
Closed on
Apr 19, 2022
Sold by
Budivell John Spencer and Budwell Leigh Carter
Bought by
Dean Thagard L
Seller's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
Buyer's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.35%

Purchase Details

Listed on
Dec 17, 2021
Closed on
Mar 24, 2022
Sold by
Heindl Virginia C
Bought by
Budwell Leigh Carter and Budwell John Spencer
Seller's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
Buyer's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Purchase Details

Listed on
Dec 17, 2021
Closed on
Mar 18, 2022
Sold by
Spencer Budwell John
Bought by
Dean Sheela M and Dean Thargard L
Seller's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
Buyer's Agent
Dottie MacDonald
Isabell K. Horsley Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Heindl Virginia C
Bought by
Budwell Leigh Carter and Budwell John Spencer
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
Budwell John Spencer $425,000 None Listed On Document
Forehand John W $67,500 Old Republic National Title
Dean Thagard L -- Murphy Timothy M
Budwell Leigh Carter $140,000 None Listed On Document
Dean Sheela M $350,000 None Listed On Document
Dean Sheela M $350,000 None Listed On Document
Budwell Leigh Carter $140,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $350,000 +677.8% --
02/23/2022 02/23/22 Pending -- -- --
12/23/2021 12/23/21 Sold $45,000 -88.0% -- View Prior Sale
12/17/2021 12/17/21 For Sale $375,000 +614.3% --
11/23/2021 11/23/21 Pending -- -- --
05/30/2019 05/30/19 For Sale $52,500 -- --
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $5,788 $964,700 $253,700 $711,000
2024 $5,402 $964,700 $253,700 $711,000
2023 $5,402 $964,700 $253,700 $711,000
2022 $9,260 $0 $0 $0
2021 $5,973 $926,000 $453,200 $472,800
2020 $5,973 $926,000 $453,200 $472,800
2019 $5,973 $926,000 $453,200 $472,800
2018 $5,325 $926,000 $453,200 $472,800
2017 $5,325 $926,000 $453,200 $472,800
2015 $56,047 $0 $0 $0
2014 $56,047 $1,037,900 $453,200 $584,700
2013 $4,878 $1,037,900 $453,200 $584,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dottie MacDonald

    Isabell K. Horsley Real Estate

    (804) 436-6659

    10 Total Sales

    Dottie MacDonald
    Section Image

  • R

    Buyer's Agent in 2021

    Rosanne Bunting

    Bunting & Company

    (804) 815-3063

    17 Total Sales

    Rosanne Bunting
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2136838

Chesapeake Bay & Rivers Association of REALTORS®

APN: 5-A-2

Virginia Mathews County Cobbs Creek 23035

1120 Chapel Ln, Cobbs Creek, VA

This home is located at 1120 Chapel Ln, Cobbs Creek, VA 23035 since 17 December 2021 and is currently estimated at $1,158,000. 1120 Chapel Ln is a home located in Mathews County with nearby schools including Thomas Hunter Middle School and Mathews 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.

Chesapeake Bay & Rivers Association of REALTORS® 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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