NOT LISTED FOR SALE

11401 Railroad Ln Locust Grove, VA 22508

Lake Wilderness Neighborhood

Estimated Value: $113,000 - $343,000

6 Acres
$38,649 Price per Acre
261,360 Sq Ft Lot

Last Sold April 28, 2017

Last sale price $49,000

Est. 373% increase in value since last sale

Current estimated payment $1,295/month

About This Lot

As of April 2017

Level lot conveniently located to Fredericksburg with utility connection. Owner will consider owner financing. Plat available. SIGNIFICANT PRICE REDUCTION, motivated seller.

Last Agent to Sell the Property

Ruthan O'Toole

(540) 972-1234 c21otoole@gmail.com Century 21 Redwood Realty License #0225113147 Listed on: 03/16/2010

Century 21 Redwood Realty

Last Buyer's Agent

Jennifer Church

(540) 455-0681 jennifer@holtforhomes.com Holt For Homes, Inc. License #0225212956

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $458

Lot Details

  • 6 Acre Lot
  • Cost To Obtain Building Permits
  • Property is zoned A3

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chancellor Meadows Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 17-2-17-

Property Details

Property Type

Land

Est. Annual Taxes

$458

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Level lot conveniently located to Fredericksburg with utility connection. Owner will consider owner financing. Plat available. SIGNIFICANT PRICE REDUCTION, motivated seller.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.20
  • Street Number Modifier: 11401

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 6.00
  • Lot Size Area: 261360
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 261360.00
  • Possible Use: Double-Wide, Residential
  • Year Assessed: 2012
  • Zoning: A3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16853083
  • Tax Annual Amount: 458.00
  • Assessor Parcel Number: 17-2-17-
  • Tax Lot: 17
  • Tax Page Number: 107
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 04/28/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2010
Closed on
Apr 21, 2017
Sold by
Mates Barry T
Bought by
Perkins Gabriel R
Seller's Agent
Ruthan O'Toole
Century 21 Redwood Realty
Buyer's Agent
Jennifer Church
Holt For Homes, Inc.
List Price
$87,500
Sold Price
$49,000
Premium/Discount to List
-$38,500
-44%
Current Estimated Value
$231,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,895
Avg. Annual Appreciation
20.17%
Original Mortgage
$14,000
Outstanding Balance
$11,679
Interest Rate
4.3%
Mortgage Type
Seller Take Back
Estimated Equity
$220,216
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
Perkins Gabriel R $49,000 The Title Professionals Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Gabriel R $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $49,000 -44.0% --
02/23/2017 02/23/17 Pending -- -- --
03/16/2010 03/16/10 For Sale $87,500 -- --
Source: Bright 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 $789 $107,400 $94,700 $12,700
2024 $789 $107,400 $94,700 $12,700
2023 $719 $93,200 $80,500 $12,700
2022 $688 $93,200 $80,500 $12,700
2021 $697 $86,100 $73,400 $12,700
2020 $697 $86,100 $73,400 $12,700
2019 $669 $79,000 $66,300 $12,700
2018 $636 $76,300 $66,300 $10,000
2017 $282 $66,300 $66,300 $0
2016 $564 $66,300 $66,300 $0
2015 -- $59,200 $59,200 $0
2014 -- $59,200 $59,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Ruthan O'Toole

    Seller's Agent in 2017

    Ruthan O'Toole

    Century 21 Redwood Realty

    (540) 972-1234

    1 in this area

    92 Total Sales

    Ruthan O'Toole
    Section Image
  • Jennifer Church

    Buyer's Agent in 2017

    Jennifer Church

    Holt For Homes, Inc.

    (540) 455-0681

    25 Total Sales

    Jennifer Church
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000809491

Bright MLS

APN: 17-2-17

Virginia Spotsylvania County Locust Grove 22508 Lake Wilderness

11401 Railroad Ln, Locust Grove, VA

This home is located at 11401 Railroad Ln, Locust Grove, VA 22508 since 16 March 2010 and is currently estimated at $231,895. 11401 Railroad Ln is a home located in Spotsylvania County with nearby schools including Brock Road Elementary School, Ni River Middle School, and Riverbend High School.

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