NOT LISTED FOR SALE

131 Mercer Cir Grottoes, VA 24441

Estimated Value: $250,000 - $294,000

3 Beds
1 Bath
1,285 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 131 Mercer Cir, Grottoes, VA 24441 and is currently estimated at $270,405, approximately $210 per square foot. 131 Mercer Cir is a home located in Augusta County with nearby schools including Cassell Elementary School, S. Gordon Stewart Middle School, and Fort Defiance High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2015
Sold by
Lam Preston L and Lam Emilee
Bought by
Otero Michael J
Current Estimated Value
$270,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,043
Outstanding Balance
$116,953
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$144,626

Purchase Details

Closed on
Jan 24, 2013
Sold by
Billon Donald B and Billon Katie J
Bought by
Lam Preston L and Davis Emilee Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,673
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Otero Michael J $143,000 Shenandoah Stlmnt Services
Lam Preston L $131,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otero Michael J $25,124
Open Otero Michael J $147,043
Previous Owner Lam Preston L $133,673
Previous Owner Dillon Donald B $20,000
Source: Public Records

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 $1,075 $203,800 $60,000 $143,800
2024 $1,075 $206,700 $60,000 $146,700
2023 $876 $139,100 $40,000 $99,100
2022 $876 $139,100 $40,000 $99,100
2021 $876 $139,100 $40,000 $99,100
2020 $876 $139,100 $40,000 $99,100
2019 $876 $139,100 $40,000 $99,100
2018 $775 $123,025 $40,000 $83,025
2017 $713 $123,025 $40,000 $83,025
2016 $713 $123,025 $40,000 $83,025
2015 $629 $123,025 $40,000 $83,025
2014 $629 $123,025 $40,000 $83,025
2013 $629 $131,100 $50,000 $81,100
Source: Public Records

Map

Virginia Augusta County Grottoes 24441

131 Mercer Cir, Grottoes, VA

This home is located at 131 Mercer Cir, Grottoes, VA 24441 and is currently estimated at $270,405, approximately $210 per square foot. 131 Mercer Cir is a home located in Augusta County with nearby schools including Cassell Elementary School, S. Gordon Stewart Middle School, and Fort Defiance High School.

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