NOT LISTED FOR SALE

135 Buzzards Neck Rd Lancaster, VA 22503

Estimated Value: $85,000 - $207,000

2 Beds
1 Bath
1,047 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $70,000 $67 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $817/month

20 Days on Market

Highlights

  • Cottage
  • Glass Enclosed
  • Tile Flooring
  • Rear Porch
  • Cooling Available
  • Heat Pump System

About This Home

As of April 2023

Ideal Starter Home, Two Bedrooms, One Bath, Heated and Cooled Sunroom, Formal Dining Room, 3/4 Acre Lot, Located Close To Schools, And Shopping. Property sold As-Is. Ask about $100 FHA Down payment HUD Program.

Last Agent to Sell the Property

Herbert Reynolds

Apex Realty LLC License #0225058097 Listed on: 12/29/2022

Last Buyer's Agent

Herbert Reynolds

Apex Realty LLC License #0225058097 Listed on: 12/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $425

Year Built

  • Built in 1960

Lot Details

  • 0.75 Acre Lot
  • Zoning described as R1

Home Design

  • Cottage
  • Bungalow
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Glass Enclosed
  • Rear Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 21-154A

Home Details

Home Type

Single Family

Est. Annual Taxes

$425

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 0.751
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1047.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Glass Enclosed, Side Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 21-154A
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 425.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Mar 31, 2023
Sold by
United States Secretary Of The Departmen
Bought by
Buchanan Zona
Seller's Agent
Herbert Reynolds
Apex Realty LLC
Buyer's Agent
Herbert Reynolds
Apex Realty LLC
List Price
$55,000
Sold Price
$70,000
Premium/Discount to List
$15,000
27.27%
Views
96
Current Estimated Value
$147,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,198
Avg. Annual Appreciation
30.91%
Original Mortgage
$68,732
Outstanding Balance
$66,567
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$80,631

Purchase Details

Closed on
Oct 21, 2022
Sold by
Quicken Loans Llc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Aug 31, 2022
Sold by
Coates Katie Marie
Bought by
Quicken Loans Llc and Quicken Loans Inc

Purchase Details

Listed on
Jul 13, 2017
Closed on
Mar 21, 2020
Sold by
Zurita Allejandro and Zurita Edmy
Bought by
Arnold Joshua and Coates Katie Marie
Seller's Agent
Robert Wheeler Jr.
Isabell K. Horsley R. E., Ltd.
Buyer's Agent
Andrea Holt
Isabell K. Horsley R. E., Ltd.
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$72,496
Interest Rate
2.99%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Buchanan Zona $70,000 None Listed On Document
Secretary Of Housing And Urban Development -- None Listed On Document
Quicken Loans Llc $79,840 Lawyers Title
Arnold Joshua $75,000 River Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Zona $68,732
Previous Owner Arnold Joshua $72,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2023 04/11/23 Sold $70,000 +27.3% $67 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $55,000 -26.7% $53 / Sq Ft
04/06/2020 04/06/20 Sold $75,000 0.0% $68 / Sq Ft View Prior Sale
03/07/2020 03/07/20 Pending -- -- --
07/13/2017 07/13/17 For Sale $75,000 -- $68 / 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 $562 $102,100 $10,800 $91,300
2024 $562 $102,100 $10,800 $91,300
2023 $425 $67,400 $10,800 $56,600
2022 $425 $67,400 $10,800 $56,600
2021 $425 $67,400 $10,800 $56,600
2020 $425 $67,400 $10,800 $56,600
2019 $425 $67,400 $10,800 $56,600
2018 $304 $51,600 $11,500 $40,100
2017 $304 $51,600 $11,500 $40,100
2016 -- $51,600 $11,500 $40,100
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2233074

Central Virginia Regional MLS

APN: 21-154A