NOT LISTED FOR SALE

1431 Palmore Rd Powhatan, VA 23139

Estimated Value: $485,617 - $503,000

3 Beds
2.5 Baths
1,706 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $331,000 $194 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,917/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Front Porch
  • Powhatan Elementary School Rated A-
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of September 2020

Located in central Powhatan's beautiful Quarter Mill neighborhood, this like-new home offers convenient one-level living, oversized attached two-car garage/workshop, paved driveway, and BRAND NEW ROOF August 2020. The low maintenance composite rear deck with vinyl rails is perfect for relaxing and enjoying the peaceful setting and nature. The interior of the home features three bedrooms and two and a half baths. The master bedroom has a luxurious private tile bath with soaking tub, updated shower, double vanity and large walk-in closet. The hall bath has an updated shower and double vanity. The spacious kitchen has sunny dining area with bay window, tile backsplash and built-in desk. The great room has access to the deck, gas fireplace, crown molding and new carpet. The formal dining room has wood flooring, crown molding and chair rail molding. The home has a Generac propane generator. There is 60-amp electrical service at the lean-to area in the rear. Comcast/X-finity.

Last Agent to Sell the Property

Hank Cosby

Hank Cosby Real Estate License #0225046601 Listed on: 08/10/2020

Last Buyer's Agent

Amy Varela

Fine Creek Realty License #0225214772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 1997

Lot Details

  • 2.13 Acre Lot
  • Zoning described as R-2

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Powhatan Elementary And Middle School
  • Powhatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Quarter Mill Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 051A-1-31

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,204

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Property Attached Yn: No
  • Lot Size Acres: 2.126
  • Ownership: Individuals
  • Subdivision Name: Quarter Mill
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 1706.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paved, Workshop in Garage

Utilities

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

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 051A-1-31
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1204.0
  • Tax Lot: 31

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 17, 2020
Sold by
Benninghove Ralph G and Benninghove Deloras L
Bought by
Back Steven Lee and Back Sandra A
Seller's Agent
Hank Cosby
Hank Cosby Real Estate
Buyer's Agent
Amy Varela
Fine Creek Realty
List Price
$329,950
Sold Price
$331,000
Premium/Discount to List
$1,050
0.32%
Current Estimated Value
$496,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,904
Avg. Annual Appreciation
8.43%
Original Mortgage
$314,450
Outstanding Balance
$279,054
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$217,850

Purchase Details

Closed on
Jul 6, 1998
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Back Steven Lee $331,000 --
-- $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Back Steven Lee $314,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $331,000 +0.3% $194 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $329,950 -- $193 / 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 $3,380 $450,700 $103,700 $347,000
2024 $2,879 $417,300 $96,000 $321,300
2023 $2,708 $322,200 $90,000 $232,200
2022 $2,481 $322,200 $90,000 $232,200
2021 $1,394 $258,100 $85,000 $173,100
2020 $1,394 $227,700 $79,000 $148,700
2019 $1,204 $227,700 $79,000 $148,700
2018 $1,143 $227,700 $79,000 $148,700
2017 $1,074 $227,300 $79,000 $148,300
2016 $1,246 $227,300 $79,000 $148,300
2014 $1,074 $208,200 $67,000 $141,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2024134

Central Virginia Regional MLS

APN: 051A-1-31