NOT LISTED FOR SALE

1463 Falkland Rd Meherrin, VA 23954

Estimated Value: $164,000 - $249,000

3 Beds
2.5 Baths
2,020 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $126,000 $62 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,068/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • 4 Fireplaces
  • Baseboard Heating
  • Wood Flooring
  • Screened Porch
  • Wood Siding

About This Home

As of October 2021

Mid 1700’s solid built home on 3 acres with history galore. The original part of the house was added onto in later years while keeping with the original wood floors, moldings and wood siding. Not far from Farmville and Hampden Sydney, this rural home can be somebody’s dream historic restoration, their full time abode, or a comfortable get away from the "big city."

Last Agent to Sell the Property

Ronald Sandlin

RE/MAX Advantage Plus License #0225044530 Listed on: 09/16/2021

RE/MAX Advantage Plus

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $494

Year Built

  • Built in 1750

Lot Details

  • 3.02 Acre Lot
  • Historic Home

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 104-4-7

Home Details

Home Type

Single Family

Est. Annual Taxes

$494

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1750
  • Property Attached Yn: No
  • Lot Size Acres: 3.02
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Cape Cod, Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Electric Cooking, Electric Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 2020.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Rear Porch, Front Porch, Screened
  • Property Condition: Resale

Utilities

  • Heating: Baseboard, Electric
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 104-4-7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2002
  • Tax Annual Amount: 494.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 17, 2021
Sold by
Looney Stephen C and Looney Laura E
Bought by
Karratti Jennifer M
Seller's Agent
Ronald Sandlin
RE/MAX Advantage Plus
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$124,900
Sold Price
$126,000
Premium/Discount to List
$1,100
0.88%
Current Estimated Value
$189,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,256
Avg. Annual Appreciation
9.29%
Original Mortgage
$119,700
Outstanding Balance
$110,567
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,118

Purchase Details

Listed on
Dec 16, 2019
Closed on
Dec 16, 2019
Sold by
Sterling Investments Llc
Bought by
Looney Stephen C and Looney Laura E
Seller's Agent
BRIAN T ATKINS
State Wide Realty
Buyer's Agent
Larry Atkins
State Wide Realty
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$103,410
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Karratti Jennifer M $126,000 Absolute Title & Settlement
Looney Stephen C $114,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karratti Jennifer M $119,700
Previous Owner Looney Stephen C $103,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $126,000 +0.9% $62 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $124,900 +8.7% $62 / Sq Ft
12/16/2019 12/16/19 Sold $114,900 -- $57 / 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
2024 $536 $105,100 $17,000 $88,100
2023 $504 $105,100 $17,000 $88,100
2022 $504 $105,100 $17,000 $88,100
2021 $504 $105,100 $17,000 $88,100
2020 $472 $92,600 $15,000 $77,600
2019 $511 $100,200 $22,600 $77,600
2018 $511 $100,200 $22,600 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2128826

Central Virginia Regional MLS

APN: 104-4-7