NOT LISTED FOR SALE

Estimated Value: $685,000 - $758,000

4 Beds
2.5 Baths
2,880 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $385,000 $134 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,374/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Bettie Weaver Elementary School Rated A-
  • Circular Driveway
  • Zoned Heating and Cooling System

About This Home

As of April 2016

First Offering on this picturesque Salisbury home set on a lush 1.2 acre corner lot, seconds away from Lake Patrick Henry. 4 very spacious sized bedrooms, 2.5 baths and large flowing entertaining rooms that lead to the beautiful & bright open eat-in kitchen. A custom built home with an oversized 325 sq. ft. sanctuary of a sun room. 2 brick fireplaces, charm, craftsmanship, detail & quality went into this builder's personal home. Hardwood floors on both the first and second floors & under all the carpeting! The grand foyer leads you upstairs to the 4 large bedrooms and a master suite fully equipped with a beautiful brick fireplace, huge walk in closet and private shower room. This is one of Salisbury's cornerstone lots and homes, & you don't want to miss this.

Last Agent to Sell the Property

Robert Davis

Shaheen Ruth Martin & Fonville License #0225058460 Listed on: 02/11/2016

Shaheen Ruth Martin & Fonville

Co-Listed By

Kimberly Hitchens

Shaheen Ruth Martin & Fonville License #0225221231

Last Buyer's Agent

Janice Taylor

RE/MAX Commonwealth License #0225002880

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1972

Lot Details

  • 1.2 Acre Lot
  • Zoning described as R15 - ONE FAMILY RES

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Bettie Weaver Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Salisbury Subdivision

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 724-717-32-89-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,612

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 1.2017
  • Co List Office Mls Id: RSHK01
  • Co List Office Phone: 804-308-5211
  • Ownership: Individuals
  • Subdivision Name: Salisbury
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2880.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Asphalt
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Hardboard
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 724-717-32-89-00000
  • Zoning Description: R15 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3611.52
  • Tax Lot: 010

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 30, 2016
Sold by
The Barbara W Lucas Revocable Trust Date
Bought by
Peterson Robert Jeffrey and Peterson Lisa Blake
Seller's Agent
Robert Davis
Shaheen Ruth Martin & Fonville
Buyer's Agent
Janice Taylor
RE/MAX Commonwealth
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$706,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,011
Avg. Annual Appreciation
6.83%
Original Mortgage
$308,000
Outstanding Balance
$246,351
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$459,660

Purchase Details

Closed on
Aug 17, 1998
Sold by
Lucas Barbara W
Bought by
Lucas Barbara W
Source: Public Records

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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
Peterson Robert Jeffrey $385,000 Attorney
Lucas Barbara W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Robert Jeffrey $82,500
Closed Paterson Robert Jeffrey $50,000
Open Peterson Robert Jeffrey $308,000
Previous Owner Lucas Barbara W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $385,000 -3.5% $134 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $399,000 -- $139 / 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 $5,197 $581,100 $130,000 $451,100
2024 $5,197 $542,000 $110,000 $432,000
2023 $4,640 $509,900 $105,000 $404,900
2022 $4,468 $485,700 $102,000 $383,700
2021 $4,271 $442,600 $100,000 $342,600
2020 $4,063 $427,700 $100,000 $327,700
2019 $4,063 $427,700 $100,000 $327,700
2018 $3,927 $413,400 $100,000 $313,400
2017 $3,790 $394,800 $99,000 $295,800
2016 $3,773 $393,000 $95,000 $298,000
2015 $3,637 $376,200 $95,000 $281,200
2014 $3,541 $366,300 $95,000 $271,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1603621

Central Virginia Regional MLS

APN: 724-71-73-28-900-000