$240,000
SOLD FEB 8, 2024

123 Needwood Dr Ruther Glen, VA 22546

4 Beds
3 Baths
2,500 Sq Ft
0.51 Acres

Recently Sold

$96 Per Sq Ft

11% Below List Price

92 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Deck
  • Water Access
  • Outdoor Pool
  • Wood Flooring

About This Home

As of May 2024

Welcome home to the serene community of Lake Land Or! This split-level gem offers spacious living areas, a private fenced backyard, and incredible water access. As you step into this delightful home, you are greeted by generously sized living spaces. The layout is designed for both functionality and comfort, making it perfect for family gatherings or entertaining friends. The large windows allow plenty of natural light, creating a warm, inviting atmosphere. The heart of this home is the enormous walk-out basement with separate entrance. This versatile space is ideal for a rec room, home gym, or even a pool table. Escape to your private fenced backyard – a haven for relaxation and outdoor activities. The large lot ensures privacy and offers a perfect setting for gardening, play, or simply unwinding in nature. Lake Land 'Or boasts an array of amenities for its residents. Take advantage of the clubhouse for social events, stay active in the gym, or enjoy outdoor gatherings at the pavilion. Cool off in the community pool during the summer months, and explore the water access to lakes and ponds for boating and fishing enthusiasts. STRICTLY SOLD AS IS. See agent remarks regarding septic.

Last Agent to Sell the Property

Jennifer Bell

NextHome Advantage License #0225207416 Listed on: 10/14/2023

NextHome Advantage

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 2006

Lot Details

  • 0.51 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Privacy Fence
  • Back Yard Fenced
  • Zoning described as R1

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Split Foyer
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Deck

Schools

  • Lewis & Clark Elementary School
  • Caroline Middle School
  • Caroline High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1218
  • Assessor Parcel Number 51A1-1-1218

Community Details

Overview

  • Lake Land Or Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 2006

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Property Attached Yn: No
  • Lot Size Acres: 0.5077
  • Ownership: Individuals
  • Subdivision Name: Lake Land Or
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Split-Foyer
  • Garage Yn: No
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Walk-Out Access
  • Appliances: Dishwasher, Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2500.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Privacy
  • Pool Features: Community, Pool
  • Waterfront Features: Lake, Pond, Water Access
  • Waterfront: No
  • Disclosures: First Right of Refusal, Seller Disclosure
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Unpaved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 1449.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Snow Removal, Trash, Water Access

Schools

  • Middle Or Junior School: Caroline

Lot Info

  • Parcel Number: 51A1-1-1218
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1660.89
  • Tax Lot: 1218

MLS Schools

  • Elementary School: Lewis & Clark
  • High School: Caroline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 10, 2024
Sold by
Rodriguez Pablo and Alonzo Lola
Bought by
Sosa Jerold J
Seller's Agent
Craig Adams
Q Real Estate, LLC
Buyer's Agent
Mary Jordan
United Real Estate Richmond, LLC
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Views
134
Current Estimated Value
$374,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,195
Avg. Annual Appreciation
2.91%
Original Mortgage
$367,740
Outstanding Balance
$360,159
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$14,036

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 24, 2024
Sold by
Capps Brian E and Capps Lisa
Bought by
Alonzo Lola and Rodriguez Pablo
Seller's Agent
Jennifer Bell
NextHome Advantage
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Views
698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
406.25%
Original Mortgage
$180,000
Interest Rate
9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $360,000 None Listed On Document
Deed $240,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,740 VA
Previous Owner $180,000 New Conventional
Previous Owner $243,504 New Conventional
Previous Owner $204,248 Adjustable Rate Mortgage/ARM
Previous Owner $158,586 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $360,000 0.0% $145 / Sq Ft
03/18/2024 03/18/24 Price Changed $360,000 0.0% $145 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/17/2024 03/17/24 Price Changed $360,000 +1.4% $145 / Sq Ft
03/08/2024 03/08/24 Price Changed $355,000 0.0% $143 / Sq Ft
03/08/2024 03/08/24 For Sale $355,000 -1.4% $143 / Sq Ft
03/06/2024 03/06/24 Price Changed $360,000 -0.6% $145 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $362,000 +3.4% $146 / Sq Ft
02/28/2024 02/28/24 For Sale $350,000 +45.8% $141 / Sq Ft
02/08/2024 02/08/24 Sold $240,000 -10.8% $96 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/31/2023 12/31/23 For Sale $269,000 0.0% $108 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $269,000 -3.6% $108 / Sq Ft
10/15/2023 10/15/23 For Sale $279,000 -- $112 / 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 $279,356 $362,800 $50,000 $312,800
2024 $1,661 $215,700 $46,000 $169,700
2023 $1,661 $215,700 $46,000 $169,700
2022 $1,661 $215,700 $46,000 $169,700
2021 $1,661 $215,700 $46,000 $169,700
2020 $1,498 $180,500 $30,000 $150,500
2019 $1,498 $180,500 $30,000 $150,500
2018 $1,498 $180,500 $30,000 $150,500
2017 $1,498 $180,500 $30,000 $150,500
2016 $1,480 $180,500 $30,000 $150,500
2015 $1,364 $189,400 $41,000 $148,400
2014 $1,364 $189,400 $41,000 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2325162

Central Virginia Regional MLS

APN: 51A1-1-1218