NOT LISTED FOR SALE

Estimated Value: $276,000 - $425,000

3 Beds
1 Bath
1,253 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $175,875 $140 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,090/month

26 Days on Market

Highlights

  • 4 Car Garage
  • Front Porch
  • Forced Air Heating and Cooling System
  • Midlothian High School Rated A
  • Shed
  • Partially Carpeted

About This Home

As of February 2019

** Offer accepted electronically, pending REO addenda. ** Amazing investment opportunity to own this three bed, one bath Rancher located on one acre of land. Attached two car garage, detached three car garage and storage shed. Property being sold "AS IS". "CASH ONLY - "ACT FAST" - this opportunity won't last long!
This property is Subject to Auction. The Seller will accept a Pre-Auction Offer. The Price is based on the Opening BID.
BANK OF AMERICA, NA EMPLOYEESHOUSEHOLD MEMBERS AND HTS BUSINESS PARTNERS OF THE BANK ARE PROHIBITED FROM PURCHASING THIS PROPERTY.WHETHER DIRECTLY OR INDIRECTLY.

Last Agent to Sell the Property

David Wright

Real Broker LLC License #0225184825 Listed on: 01/03/2019

Real Broker LLC

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1987

Lot Details

  • 1.07 Acre Lot

Parking

  • 4 Car Garage
  • Workshop in Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,253 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 707-70-95-23-100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,655

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 1.07
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1253.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Other Structures: Garage(s), Shed(s)
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage, Workshop in Garage

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 707-70-95-23-100-000
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1655.0

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 15, 2019
Sold by
Bank Of America Na
Bought by
Sowers John Mark
Seller's Agent
David Wright
Real Broker LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$171,900
Sold Price
$175,875
Premium/Discount to List
$3,975
2.31%
Current Estimated Value
$340,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,099
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Dec 27, 2018
Sold by
Commonwealth Trustees Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 9, 2001
Bought by
Murphey William H and Murphey Kimberly T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.15%
Mortgage Type
New Conventional
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
Sowers John Mark $175,875 Attorney
Bank Of America Na $141,500 None Available
Murphey William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphey William H $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $175,875 +2.3% $140 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $171,900 -- $137 / 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 $2,489 $276,900 $79,800 $197,100
2024 $2,489 $264,300 $79,800 $184,500
2023 $2,104 $231,200 $72,800 $158,400
2022 $1,975 $214,700 $69,600 $145,100
2021 $1,880 $193,100 $67,600 $125,500
2020 $1,772 $186,500 $65,600 $120,900
2019 $1,713 $180,300 $64,600 $115,700
2018 $1,684 $174,200 $64,600 $109,600
2017 $1,663 $168,000 $63,600 $104,400
2016 $1,138 $118,500 $25,700 $92,800
2015 $1,163 $118,500 $25,700 $92,800
2014 $1,163 $118,500 $25,700 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1900378

Central Virginia Regional MLS

APN: 707-70-95-23-100-000