NOT LISTED FOR SALE

Estimated Value: $1,226,000 - $1,613,000

0.44 Acre
$3,313,734 Price per Acre
18,992 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $150,000

Est. 845% increase in value since last sale

Current estimated payment $8,832/month

8 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Gated Community
  • Berkeley Middle School Rated A-
  • Golf Course Community
  • Community Lake

About This Lot

As of November 2021

The last developer owned lot in the lower level of Spencers Grant and close proximity to stroll down to the shores of the James River! Start planning your beautiful custom home today instead of waiting for the right one to come along-- let the dreams begin!
Developer fee of 3% due upon completion of the improvements.

Last Agent to Sell the Property

Charlotte Jones

CHJ Realty, Inc. License #0225273858 Listed on: 06/15/2021

Last Buyer's Agent

Sean Hyland

Kingsmill Realty, Inc. License #0225097579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,621

Lot Details

  • 0.44 Acre Lot
  • Level Lot

HOA Fees

  • $183 Monthly HOA Fees

Schools

  • James River Elementary School
  • Berkeley Middle School
  • Jamestown High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51-3-10-0-0050

Community Details

Overview

  • $35 Additional Association Fee
  • Association fees include comm area maintenance, management fees, pool, recreational facilities, reserves, road maintenance, security, snow removal, trash removal, water access
  • Association Phone (757) 645-3454
  • Property managed by KCSA
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • RV or Boat Storage in Community
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Jogging Path
  • Electricity Available at Street

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,621

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Zoning: R4
  • Property Type: Lots/Land
  • Possible Use: Single Family
  • County Or City: James City Co.
  • Lot: 50
  • Neighborhood Name: Spencers Grant
  • Parcel Number: 51-3-10-0-0050
  • Telecommunication: Cable, Fiberoptic
  • Acres: 0.4360
  • Development Fee Description: %
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Post Office: Williamsburg

Utilities

  • Electric: At Street
  • Natural Gas: At Street
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Additional Fee: 35.00
  • Additional Fee Description: Specners Grant Common Area
  • Amenities: Basketball, Beach, Boat Ramp, Clubhouse, Gated Community, Golf Course, Jogging Path, Lake/Pond, Marina, Picnic Area, Playground, Pool, Professional Mgmt, Road Maintenance, RV/Boat Storage, Spa, Tennis Court
  • Development Fee Amount: 3.00
  • Fee: 183.00
  • Fee Description: Community Association
  • Fee Includes: Comm Area Maintenance, Management Fees, Pool, Recreational Facilities, Reserves, Road Maintenance, Security, Snow Removal, Trash Removal, Water Access
  • Fee Period: Monthly

Schools

  • Elementary School: James River
  • Middle School: Berkeley
  • High School: Jamestown
  • Elementary School: James River
  • High School: Jamestown
  • Middle School: Berkeley

Lot Info

  • Lot Description: Level

Rental Info

  • Minimum Deposit: 5000

Multi Family

  • Management Firm: KCSA
  • Management Phone: 757-645-3454

Tax Info

  • Annual Taxes: 2621.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 28, 2021
Sold by
Busch Properties Inc
Bought by
Ling Yin and Ling Feng
Seller's Agent
Charlotte Jones
CHJ Realty, Inc.
Buyer's Agent
Sean Hyland
Kingsmill Realty, Inc.
List Price
$325,000
Sold Price
$150,000
Premium/Discount to List
-$175,000
-53.85%
Current Estimated Value
$1,417,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,267,147
Avg. Annual Appreciation
83.64%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Busch Properties Inc
Bought by
Ling Ying and Ling Feng
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
Ling Yin $150,000 Attorney
Ling Ying -- William F Miller Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling Ying $80,000
Open Ling Feng $1,052,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $150,000 -33.3% --
07/21/2021 07/21/21 Price Changed $225,000 -30.8% --
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $325,000 -- --
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 $9,859 $1,264,000 $312,000 $952,000
2023 $9,859 $149,800 $149,800 $0
2022 $1,243 $149,800 $149,800 $0
2021 $2,621 $312,000 $312,000 $0
2020 $2,621 $312,000 $312,000 $0
2019 $2,621 $312,000 $312,000 $0
2018 $2,621 $312,000 $312,000 $0
2017 $2,699 $321,300 $321,300 $0
2016 $2,699 $321,300 $321,300 $0
2015 $1,438 $342,300 $342,300 $0
2014 $2,636 $342,300 $342,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2102492

Williamsburg Multiple Listing Service

APN: 51-3 10-0-0050