NOT LISTED FOR SALE

Estimated Value: $593,000 - $1,445,000

2.51 Acres
$419,314 Price per Acre
109,336 Sq Ft Lot

Last Sold August 24, 2016

Last sale price $120,000

Est. 777% increase in value since last sale

Current estimated payment $6,345/month

131 Days on Market

Highlights

  • Home fronts navigable water
  • 2.51 Acre Lot
  • Level Lot
  • Water Access
  • Wooded Lot

About This Lot

As of August 2016

Over 2.5 acres of land on the James River with your own private beach. The lot is high with great views. Perfect spot to build your dream home. Buy now and build later if your not ready now. Subdivision has sewer and water. Great opportunity in a high quality, quiet neighborhood.

Last Agent to Sell the Property

Heath Spencer

Mid Atlantic Residential License #0225054381 Listed on: 02/12/2016

Mid Atlantic Residential

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,345

Lot Details

  • 2.51 Acre Lot
  • Home fronts navigable water
  • River Front
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Hardy Elementary School
  • Smithfield Middle School
  • Smithfield High School

Utilities

  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03D-07-019

Community Details

Recreation

  • Water Access
  • Electricity Available at Street
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,345

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Restrictions: Assoc Restrictions, Environmental/RPA
  • Zoning: RES
  • Property Type: Lots/Land
  • Property Sub Type: Building Lot
  • Possible Use: Single Family
  • Building Structures: No Buildings
  • County Or City: Isle of Wight
  • Land Use Asmt: Unknown
  • Neighborhood Name: Lawnes Point on the James
  • Other Environ: Unknown
  • Parcel Number: 03D-07-019
  • Telecommunication: Cable
  • Water Type: River Frontage, Access, Navigable, Bulkhead/RIP
  • Acres: 2.5100
  • Special Features: None

Interior Features

  • Post Office: Independence

Exterior Features

  • Wooded Acres: 2.5100
  • Waterfront: Yes

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Other
  • Fee: 500.00
  • Fee Description: Community Association
  • Fee Period: Yearly

Schools

  • Elementary School: Hardy
  • Middle School: Smithfield
  • High School: Smithfield
  • Elementary School: Hardy
  • High School: Smithfield
  • Middle School: Smithfield

Lot Info

  • Lot Description: Dead End Street, Level, Wooded, Buildable

Tax Info

  • Annual Taxes: 1345.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Sep 27, 2016
Sold by
Southeastern Virginia Props Ll
Bought by
Hargrave Michael R and Hargrave Penny E
Seller's Agent
Heath Spencer
Mid Atlantic Residential
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$147,500
Sold Price
$120,000
Premium/Discount to List
-$27,500
-18.64%
Current Estimated Value
$1,052,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,479
Avg. Annual Appreciation
27.31%

Purchase Details

Listed on
Feb 12, 2016
Closed on
Aug 25, 2016
Seller's Agent
Heath Spencer
Mid Atlantic Residential
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$147,500
Sold Price
$120,000
Premium/Discount to List
-$27,500
-18.64%

Purchase Details

Closed on
Sep 15, 2015

Purchase Details

Closed on
Jun 13, 2007
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
Hargrave Michael R -- Attorney Only
-- $120,000 --
-- $149,000 --
-- $316,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hargrave Michael R $646,284
Closed Hargrave Penny E $614,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $120,000 -18.6% --
06/22/2016 06/22/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $147,500 -- --
Source: Williamsburg Multiple Listing Service

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
2024 $6,963 $953,800 $216,700 $737,100
2023 $6,826 $953,800 $216,700 $737,100
2022 $5,511 $642,000 $167,200 $474,800
2021 $5,511 $642,000 $167,200 $474,800
2020 $5,511 $642,000 $167,200 $474,800
2019 $1,421 $167,200 $167,200 $0
2018 $1,345 $158,200 $158,200 $0
2016 $1,345 $158,200 $158,200 $0
2015 $2,127 $158,200 $158,200 $0
2014 $2,127 $158,200 $158,200 $0
2013 -- $158,200 $158,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1607260

Williamsburg Multiple Listing Service

APN: 03D-01-019