NOT LISTED FOR SALE

1320 Tower Light Rd Midlothian, VA 23113

Estimated Value: $288,000 - $341,000

3 Beds
1.5 Baths
1,250 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $207,000 $166 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,855/month

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • Cooling Available
  • J B Watkins Elementary School Rated A-
  • 1 Fireplace
  • Heat Pump System

About This Home

As of October 2020

Great area , great schools, must see!!!

Last Agent to Rent the Property

Tim Smith

Lee Conner Realty & Assoc. LLC License #0225040644 Listed on: 10/08/2020

Last Renter's Agent

Tim Smith

Lee Conner Realty & Assoc. LLC License #0225040644 Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1964

Lot Details

  • 1 Acre Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 10/8/20
  • 12 Month Lease Term
  • Tax Lot 37
  • Assessor Parcel Number 727-71-03-51-100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,491

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: None
  • Lease Term: 12 Months
  • Available Date: 2020-10-08
  • Security Deposit: 1500.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Lot Size Acres: 1.0
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Main Level Primary
  • Living Area: 1250.0
  • Stories: 1

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Conditional

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 727-71-03-51-100-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 37

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Jun 4, 2020
Sold by
Bass Michael Lennon and Bass William Thomas
Bought by
Township Properties Llc
Seller's Agent
Rodney Baskerville
United Real Estate Richmond
Buyer's Agent
Cassandra Zimmerman
Liz Moore & Associates
List Price
$224,950
Sold Price
$207,000
Premium/Discount to List
-$17,950
-7.98%
Current Estimated Value
$312,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,534
Avg. Annual Appreciation
7.88%
Original Mortgage
$174,400
Outstanding Balance
$154,592
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$157,942
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 Buyer Sale Price Title Company
Township Properties Llc $207,000 Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Township Properties Llc $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Rented $1,500 0.0% --
10/08/2020 10/08/20 For Rent $1,500 0.0% --
06/11/2020 06/11/20 Sold $207,000 -1.4% $166 / Sq Ft View Prior Sale
04/10/2020 04/10/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $209,950 -6.7% $168 / Sq Ft
03/27/2020 03/27/20 For Sale $224,950 0.0% $180 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/23/2020 02/23/20 Price Changed $224,950 -4.3% $180 / Sq Ft
02/02/2020 02/02/20 For Sale $234,950 -- $188 / 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 $2,491 $277,100 $76,500 $200,600
2024 $2,491 $252,400 $62,100 $190,300
2023 $2,078 $228,300 $57,800 $170,500
2022 $1,902 $206,700 $54,400 $152,300
2021 $1,806 $187,500 $52,700 $134,800
2020 $1,572 $165,500 $51,000 $114,500
2019 $1,446 $152,200 $50,200 $102,000
2018 $1,459 $149,800 $49,300 $100,500
2017 $1,444 $145,200 $49,300 $95,900
2016 $1,366 $142,300 $46,800 $95,500
2015 $1,339 $136,900 $45,900 $91,000
2014 $1,318 $134,700 $45,900 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2028620

Central Virginia Regional MLS

APN: 727-71-03-51-100-000