NOT LISTED FOR SALE

14705 Mount Olive Rd Centreville, VA 20121

Estimated Value: $1,245,000 - $1,370,000

1.27 Acres
$1,039,096 Price per Acre
55,321 Sq Ft Lot

Last Sold May 12, 2017

Last sale price $275,000 $206 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $8,262/month

About This Lot

As of May 2017

1.27 acre lot. Great location. Neighboring houses lot average 0.3 acre. Potential to be divided into 2 - 3 build-able lots. Demolition has been done. ready to design and build. Owner can build new house on lot for buyer. Ask listing agent.

Last Agent to Sell the Property

Richard Wang

(571) 214-9480 richardwang9@gmail.com Libra Realty, LLC Listed on: 02/26/2017

Last Buyer's Agent

Tariq Atari

(703) 609-2574 tariqatari2@gmail.com Pearson Smith Realty, LLC License #0225222328

Pearson Smith Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,431

Lot Details

  • 1.27 Acre Lot
  • Building Permit Application Pending Approval
  • Property is zoned 110

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 65-3-1- -2

Property Details

Property Type

Land

Est. Annual Taxes

$3,431

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Expected On Market: 2017-03-01
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Basement: No
  • Price Per Sq Ft: 5.44

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 1.27
  • Lot Size Area: 55151
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55151.00
  • Zoning: 110

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3430.78
  • Assessor Parcel Number: 65-3-1- -2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Jr Real Estate Group Llc
Bought by
Rahman Mohammad and Benomran Maryam
Current Estimated Value
$1,319,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,910
Outstanding Balance
$688,047
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$631,605

Purchase Details

Listed on
Feb 26, 2017
Closed on
Apr 19, 2017
Sold by
Wang Yongchao
Bought by
Jr Real Estate Group Llc A Virginia Limi
Seller's Agent
Richard Wang
Libra Realty, LLC
Buyer's Agent
Tariq Atari
Pearson Smith Realty, LLC
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Listed on
Nov 22, 2012
Closed on
May 23, 2014
Sold by
Cpr Property Rescue Llc
Bought by
Equity Trust Company
Seller's Agent
Roger Grooms
Samson Properties
Buyer's Agent
Jeff Royce
EXP Realty, LLC
List Price
$350,000
Sold Price
$150,000
Premium/Discount to List
-$200,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.52%
Original Mortgage
$143,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2012
Closed on
May 21, 2014
Sold by
Cucinelli Cary Z
Bought by
Cpr Property Rescue Llc
Seller's Agent
Roger Grooms
Samson Properties
Buyer's Agent
Jeff Royce
EXP Realty, LLC
List Price
$350,000
Sold Price
$150,000
Premium/Discount to List
-$200,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rahman Mohammad $280,000 S&T Title Llc
Jr Real Estate Group Llc A Virginia Limi $275,000 S & T Title Llc
Equity Trust Company $160,000 --
Cpr Property Rescue Llc $140,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Mohammad $809,910
Previous Owner Cpr Property Rescue Llc $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2017 05/12/17 Sold $275,000 -8.3% $206 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/26/2017 02/26/17 For Sale $299,900 +99.9% $225 / Sq Ft
06/30/2014 06/30/14 Sold $150,000 -57.1% $113 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
11/22/2012 11/22/12 For Sale $350,000 -- $263 / Sq Ft
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
2021 $10,048 $856,230 $252,000 $604,230
2020 $10,133 $856,230 $252,000 $604,230
2019 $8,953 $837,380 $245,000 $592,380
2018 $2,840 $240,000 $240,000 $0
2017 $2,788 $240,150 $231,000 $9,150
2016 $3,431 $296,140 $231,000 $65,140
2015 $3,305 $296,140 $231,000 $65,140
2014 $1,585 $284,630 $222,000 $62,630
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Richard Wang

    Libra Realty, LLC

    (571) 214-9480

    57 Total Sales

    Richard Wang
    Section Image
  • Tariq Atari

    Buyer's Agent in 2017

    Tariq Atari

    Pearson Smith Realty, LLC

    (703) 609-2574

    7 Total Sales

    Tariq Atari
    Section Image
  • Roger Grooms

    Seller's Agent in 2014

    Roger Grooms

    Samson Properties

    (703) 863-0468

    4 in this area

    11 Total Sales

    Roger Grooms
    Section Image
  • Jeff Royce

    Buyer's Agent in 2014

    Jeff Royce

    EXP Realty, LLC

    (703) 585-5663

    65 Total Sales

    Jeff Royce
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001784003

Bright MLS

APN: 065-3-01-0002

Virginia Fairfax County Centreville 20121

14705 Mount Olive Rd, Centreville, VA

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