NOT LISTED FOR SALE

11881 King William Rd King William, VA 23086

Estimated Value: $198,000 - $298,000

2 Beds
1.5 Baths
1,190 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2021

Last sale price $150,000 $126 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,422 / mo

16 Days on Market

Highlights

  • Oversized Parking
  • Baseboard Heating
  • 1-Story Property
  • Window Unit Cooling System

About This Home

As of November 2021

INVESTOR SPECIAL--LOCATION-LOCATION-LOCATION--Zoned B-1 by King William County for Local Business. Excellent Investment opportunity Within sight of the Highly traveled Rt. 360/Rt. 30 intersection-just across the street from the entrance to King William Shopping center. This acre parcel has over 400 feet of PRIME Road frontage on Rt. 30-King William Road. So many uses for this prime spot. Highly Traveled location for Maximum visibility. Multiple Subdivisions/multi-family residential units within walking distance. Less than 1 mile from King William High School.
Cinderblock residence on site with well & septic system. Currently occupied-Income producing-Shown by appointment only. No-Known defects but sold as-is. GREAT INCOME PRODUCING INVESTMENT PROPERTY WITH EXCELLENT BUSINESS POTENTIAL!!!
(This home/property does not qualify for a residential Mortgage due to the commercial zoning.) Only investor loans, Cash or specific In-house Bank loans.

Last Agent to Sell the Property

Ellen Otey

Twin Rivers Realty, Inc License #0225081589 Listed on: 07/20/2021

Last Buyer's Agent

Giuseppe Giambanco

Real Broker LLC License #0225222966

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 1 Acre Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Oversized Parking
  • Driveway
  • Unpaved Parking

Schools

  • Acquinton Elementary School
  • Hamilton Holmes Middle School
  • King William High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 28-41B

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

1 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1962
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1190.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Exterior Features: Unpaved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Oversized, Unpaved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Hamilton Holmes

Lot Info

  • Parcel Number: 28-41B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 70800.0

MLS Schools

  • Elementary School: Acquinton
  • High School: King William

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 20, 2021
Sold by
Bought by
Seller's Agent
Ellen Otey
Twin Rivers Realty, Inc
Buyer's Agent
Giuseppe Giambanco
Real Broker LLC
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Current Estimated Value
$252,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,752
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 16, 2021
Sold by
Bought by
Seller's Agent
Ellen Otey
Twin Rivers Realty, Inc
Buyer's Agent
Giuseppe Giambanco
Real Broker LLC
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
2.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$150,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $111,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $150,000 -25.0% $126 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $199,900 -- $168 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $774 $125,900 $40,000 $85,900
2024 $730 $125,900 $40,000 $85,900
2023 $730 $125,900 $40,000 $85,900
2022 $590 $70,600 $30,000 $40,600
2021 $607 $70,600 $30,000 $40,600
2020 $607 $124,900 $87,100 $37,800
2019 $607 $70,600 $30,000 $40,600
2018 $621 $70,600 $30,000 $40,600
2017 $642 $70,600 $30,000 $40,600
2016 $650 $70,600 $30,000 $40,600
2015 $664 $70,600 $30,000 $40,600
2014 $813 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellen Otey

    Seller's Agent in 2021

    Ellen Otey

    Twin Rivers Realty, Inc

    (804) 241-4314

    63 Total Sales

    Ellen Otey
    Section Image
  • Giuseppe Giambanco

    Buyer's Agent in 2021

    Giuseppe Giambanco

    Real Broker LLC

    (804) 380-5674

    37 Total Sales

    Giuseppe Giambanco
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2122397

Central Virginia Regional MLS

APN: 28 41B

Virginia King William County King William 23086

11881 King William Rd, King William, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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