NOT LISTED FOR SALE

12278 New Market Mill Rd Beaverdam, VA 23015

Estimated Value: $489,000 - $711,417

5 Acres
$123,721 Price per Acre
217,800 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $125,000 $57 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $3,796/month

3 Days on Market

Highlights

  • River Access
  • Horses Allowed On Property
  • Wooded Lot
  • Liberty Middle School Rated A-
  • Waterfront

About This Lot

As of May 2023

847 feet of frontage on the Little River and 845 feet of road frontage on New Market Mill Road! Five acres located in the historic New Market Mill neighborhood with a beautiful high promontory overlooking the Little River. Situate your mountain-style home on the high promontory facing west to the gorgeous sunsets. Bring your builder! No Restrictions! Four Bedroom Conventional Septic Tank Drain Field System. Located 8 miles from restaurants, shops, and conveniences in the Town of Ashland.

Last Agent to Sell the Property

Cameron Wood

Hometown Realty License #0225000696 Listed on: 03/30/2023

Hometown Realty

Co-Listed By

Steve Williams

Hometown Realty License #0225045522

Last Buyer's Agent

Dara Nicely

Hometown Realty License #0225090571

Hometown Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $681

Lot Details

  • 5 Acre Lot
  • Waterfront
  • West Facing Home
  • Wooded Lot
  • Landscaped with Trees
  • Zoning described as A1

Outdoor Features

  • River Access
  • Walking Distance to Water

Schools

  • Beaverdam Elementary School
  • Liberty Middle School
  • Patrick Henry High School

Utilities

  • Well Required
  • Septic Tank

Additional Features

  • Water Views
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 7864-61-4361

Property Details

Property Type

Land

Est. Annual Taxes

$681

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 5.0
  • Road Surface Type: Paved
  • Water Body Name: Little River
  • Co List Office Mls Id: HORI05
  • Co List Office Phone: 804-752-7585
  • Ownership: Individuals
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Investment, Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable, Hardwood Trees, Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Direction Faces: West

Utilities

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

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 7864-61-4361
  • Horse Amenities: Horses Allowed
  • Wooded Area: 5.0
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 681.0

MLS Schools

  • Elementary School: Beaverdam
  • High School: Patrick Henry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 11, 2023
Sold by
Griffin Mary Anne
Bought by
Beazley Griffin Maryanne
Seller's Agent
Cameron Wood
Hometown Realty
Buyer's Agent
Dara Nicely
Hometown Realty
List Price
$125,000
Sold Price
$125,000
Views
1
Current Estimated Value
$618,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,604
Avg. Annual Appreciation
97.50%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Griffin G Earl
Bought by
Griffin Grayson Earl and Griffin Maryanne Beazley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.42%
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
Beazley Griffin Maryanne -- None Listed On Document
Griffin Grayson Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beazley Griffin Grayson Earl $45,800
Previous Owner Griffin Grayson Earl $270,000
Previous Owner Griffin G Earl $253,643
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $125,000 0.0% $57 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $125,000 -- $57 / 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 $5,176 $639,000 $176,300 $462,700
2024 $5,176 $639,000 $176,300 $462,700
2023 $3,167 $558,600 $142,100 $416,500
2022 $3,882 $479,200 $114,800 $364,400
2021 $3,443 $425,100 $102,500 $322,600
2020 $3,443 $425,100 $102,500 $322,600
2019 $3,156 $425,100 $102,500 $322,600
2018 $3,156 $389,600 $101,700 $287,900
2017 $3,156 $389,600 $101,700 $287,900
2016 $2,946 $363,700 $97,500 $266,200
2015 $2,946 $363,700 $97,500 $266,200
2014 $2,946 $363,700 $97,500 $266,200
Source: Public Records

Agents Affiliated with this Home

  • Cameron Wood

    Seller's Agent in 2023

    Cameron Wood

    Hometown Realty

    (804) 347-7153

    43 Total Sales

    Cameron Wood
    Section Image
  • Steve Williams

    Seller Co-Listing Agent in 2023

    Steve Williams

    Hometown Realty

    (804) 426-8293

    44 Total Sales

    Steve Williams
    Section Image
  • Dara Nicely

    Buyer's Agent in 2023

    Dara Nicely

    Hometown Realty

    (804) 475-6778

    116 Total Sales

    Dara Nicely
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2307273

Central Virginia Regional MLS

APN: 7864-51-9189

Virginia Hanover County Beaverdam 23015

12278 New Market Mill Rd, Beaverdam, VA

This home is located at 12278 New Market Mill Rd, Beaverdam, VA 23015 since 30 March 2023 and is currently estimated at $618,604, approximately $280 per square foot. 12278 New Market Mill Rd is a home located in Hanover County with nearby schools including Beaverdam Elementary School, Liberty Middle School, and Patrick Henry 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.

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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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