NOT LISTED FOR SALE

Estimated Value: $274,000 - $341,762

0.53 Acre
$583,498 Price per Acre
23,087 Sq Ft Lot

Last Sold February 03, 2023

Last sale price $78,239

Est. 295% increase in value since last sale

Current estimated payment $1,789/month

2 Days on Market

About This Lot

As of February 2023

.53 acre wooded lot near the Historic Physic Hill Estate. There are no proffers. The full service connection fee for county water is $8,725. The attached soil report recommends a drip dispersal raised sand bed TL-3, NSF-245 septic system. There are 3 adjoining lots available for $79,950 each and another lot available for $88,950. Owner/Seller is a Virginia Licensed Real Estate Broker.

Last Agent to Sell the Property

Matthew Hamilton

New Dawn Properties Inc License #0225109811 Listed on: 01/25/2023

Last Buyer's Agent

David Bencomo

Real Broker LLC License #0225240308

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $534

Lot Details

  • 0.53 Acre Lot
  • Additional Land
  • Zoning described as R-15

Schools

  • Grange Hall Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Underground Utilities
  • Water Not Available
  • Mound Septic
  • Engineered Septic

Community Details

  • Physic Hill Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 721653537900000

Property Details

Property Type

Land

Est. Annual Taxes

$534

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • Ownership: Corporate
  • Subdivision Name: Physic Hill
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Additional Land Available
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent

Utilities

  • Electric: Underground
  • Sewer: Engineered Septic, Mound Septic
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Not Available, Phone Available

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 721653537900000
  • Wooded Area: 0.53
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 533.6
  • Tax Lot: 9

MLS Schools

  • Elementary School: Grange Hall
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 3, 2023
Sold by
New Dawn Properties Inc
Bought by
Ver Mex Construction Llc
Seller's Agent
Matthew Hamilton
New Dawn Properties Inc
Buyer's Agent
David Bencomo
Real Broker LLC
List Price
$79,950
Sold Price
$78,239
Premium/Discount to List
-$1,711
-2.14%
Total Days on Market
2
Views
3
Current Estimated Value
$309,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,015
Avg. Annual Appreciation
79.92%

Purchase Details

Closed on
Jul 18, 2022
Sold by
Clements Sue W
Bought by
New Dawn Properties Inc
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
Ver Mex Construction Llc $400,000 Wfg National Title
New Dawn Properties Inc $170,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $78,239 -2.1% --
01/27/2023 01/27/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $79,950 -- --
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 $641 $70,000 $70,000 $0
2023 $582 $64,000 $64,000 $0
2022 $534 $58,000 $58,000 $0
2021 $532 $56,000 $56,000 $0
2020 $513 $54,000 $54,000 $0
2019 $513 $54,000 $54,000 $0
2018 $494 $52,000 $52,000 $0
2017 $490 $51,000 $51,000 $0
2016 $480 $50,000 $50,000 $0
2015 $432 $45,000 $45,000 $0
2014 $432 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2301849

Central Virginia Regional MLS

APN: 721-65-35-37-900-000