NOT LISTED FOR SALE

12700 New Chapel Rd Spotsylvania, VA 22551

Margo Neighborhood

Estimated Value: $702,000

40.54 Acres
$17,316 Price per Acre
1,765,922 Sq Ft Lot

Last Sold November 22, 2013

Last sale price $150,000

Est. 368% increase in value since last sale

Current estimated payment $4,131/month

291 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Lot
  • No HOA
  • 40.54 Acre Lot
  • Wooded Lot

About This Lot

As of November 2013

Beautiful 40+ acres, with natural creek (Knights Bridge), large lovely pine trees, some fencing, very private at end of pipe stem, just minutes from Lake Anna State Park. See view documents for road maintenance agreement, boundary lines. Possibility of owner financing.

Last Agent to Sell the Property

Christine Duvall

(540) 270-6344 christine.duvall@c21nm.com CENTURY 21 New Millennium License #0225191620 Listed on: 01/07/2013

CENTURY 21 New Millennium

Last Buyer's Agent

Michelle Light

(540) 446-9215 michelle.light@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #0225073718

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,228

Lot Details

  • 40.54 Acre Lot
  • Private Lot
  • Secluded Lot
  • Cleared Lot
  • Wooded Lot
  • No Building Permits
  • Property is zoned A3

Additional Features

  • Horses Allowed On Property
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-4-19-

Community Details

Overview

  • No Home Owners Association
  • Fischer Tract Subdivision

Recreation

  • Pipestem Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,228

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.10

Exterior Features

  • Construction Completed: No
  • 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: No Septic System

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Features: Cleared, Pipe Stem, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 40.54
  • Lot Size Area: 1765922
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1765922.00
  • Zoning: A3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1228.48
  • Assessor Parcel Number: 43-4-19-
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Nov 22, 2013
Sold by
Lyon Steven L
Bought by
Collins Michael P
Seller's Agent
Christine Duvall
CENTURY 21 New Millennium
Buyer's Agent
Michelle Light
Berkshire Hathaway HomeServices PenFed Realty
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$702,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,000
Avg. Annual Appreciation
13.66%
Original Mortgage
$120,000
Outstanding Balance
$89,561
Interest Rate
4.25%
Mortgage Type
Construction
Estimated Equity
$612,439

Purchase Details

Closed on
Apr 28, 2004
Sold by
Rural Land Development
Bought by
Lyon Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.36%
Mortgage Type
Construction
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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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
Collins Michael P $150,000 --
Lyon Steven $94,995 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Michael P $120,000
Previous Owner Lyon Steven $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $150,000 -25.0% --
10/25/2013 10/25/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $200,000 -- --
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 $5,387 $858,000 $187,600 $670,400
2024 $125 $858,000 $187,600 $670,400
2023 $4,718 $710,500 $152,600 $557,900
2022 $4,511 $710,500 $152,600 $557,900
2021 $4,734 $663,700 $124,600 $539,100
2020 $4,734 $663,700 $124,600 $539,100
2019 $4,607 $617,500 $117,600 $499,900
2018 $4,529 $617,500 $117,600 $499,900
2017 $4,639 $621,000 $119,000 $502,000
2016 $126 $134,600 $119,000 $15,600
2015 -- $125,800 $110,200 $15,600
2014 -- $110,200 $110,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Duvall

    Seller's Agent in 2013

    Christine Duvall

    Century 21 New Millennium

    (540) 270-6344

    116 Total Sales

    Christine Duvall
    Section Image
  • Michelle Light

    Buyer's Agent in 2013

    Michelle Light

    BHHS PenFed (actual)

    (540) 446-9215

    2 in this area

    34 Total Sales

    Michelle Light
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003298130

Bright MLS

APN: 43-4-19

Virginia Spotsylvania County Spotsylvania 22551 Margo

12700 New Chapel Rd, Spotsylvania, VA

Not Listed for Sale

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