NOT LISTED FOR SALE

Estimated Value: $557,000 - $607,433

100 Acres
$5,822 Price per Acre
4,356,000 Sq Ft Lot

Last Sold January 19, 2023

Last sale price $525,000

Est. 11% increase in value since last sale

Current estimated payment $3,355/month

37 Days on Market

Highlights

  • 100 Acre Lot
  • No HOA
  • Historic Home

About This Lot

As of January 2023

Gorgeous 100 Acre Parcel with Subdivision possibilities! Purchase this private 100 acre parcel to build an estate or subdivide into possible 9 home subdivision. The trees on the lot alone have been estimated/appraised to be worth more than $100k . Fantastic Investment property for development or long term hold.
****** PLEASE NOTE PROPERTY HAS NOT BEEN SUBDIVIDED- DRAWING IS A PROPOSAED SITE*********

Last Agent to Sell the Property

George Mrad

(202) 236-0000 gmrad@kw.com KW Metro Center License #0225063990 Listed on: 11/07/2022

KW Metro Center

Last Buyer's Agent

Brian Cunningham, CCIM

(540) 429-3414 bcunningham@cbeva.com Coldwell Banker Elite License #0225185942

Coldwell Banker Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,300

Lot Details

  • 100 Acre Lot
  • Historic Home
  • Property is zoned A3

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42-A-2-

Property Details

Property Type

Land

Est. Annual Taxes

$3,300

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: Yes
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.11

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356000.00
  • Zoning: A3
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3300.00
  • Assessor Parcel Number: 42-A-2-
  • Tax Year: 2022

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
James Thomas Dewey
Bought by
Myproperty Llc
Current Estimated Value
$582,217

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 18, 2023
Sold by
Rouhani Alex
Bought by
James Thomas Dewey
Seller's Agent
George Mrad
KW Metro Center
Buyer's Agent
Brian Cunningham, CCIM
Coldwell Banker Elite
List Price
$489,888
Sold Price
$525,000
Premium/Discount to List
$35,112
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$420,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2019
Sold by
Collins Deborah M
Bought by
Rouhani Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2011
Sold by
Adair Alice N
Bought by
Marrs William A and Marrs William R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Myproperty Llc -- None Listed On Document
James Thomas Dewey $525,000 Commonwealth Land Title
Rouhani Alex $308,000 Universal Title
Marrs William A $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Thomas Dewey $420,000
Previous Owner Rouhani Alex $246,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2023 01/19/23 Sold $525,000 +7.2% --
12/14/2022 12/14/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $489,888 -- --
Source: Bright 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 $3,613 $492,100 $478,000 $14,100
2024 $3,577 $487,100 $478,000 $9,100
2023 $3,227 $418,200 $409,100 $9,100
2022 $3,085 $418,200 $409,100 $9,100
2021 $2,437 $301,100 $292,000 $9,100
2020 $630 $301,100 $292,000 $9,100
2019 $499 $280,400 $271,300 $9,100
2018 $490 $280,400 $271,300 $9,100
2017 $500 $280,400 $271,300 $9,100
2016 $500 $280,400 $271,300 $9,100
2015 -- $280,400 $271,300 $9,100
2014 -- $280,400 $271,300 $9,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VASP2013868

Bright MLS

APN: 42-A-2