NOT LISTED FOR SALE

15111 James River Way Smithfield, VA 23430

Rushmere Neighborhood

Estimated Value: $598,000 - $1,538,182

5 Acres
$213,618 Price per Acre
217,800 Sq Ft Lot

Last Sold May 05, 2016

Last sale price $120,000

Est. 790% increase in value since last sale

Current estimated payment $6,561/month

317 Days on Market

Highlights

  • River Front
  • 5 Acre Lot
  • Wooded Lot

About This Lot

As of May 2016

Waterfront 5 acre lot with spectacular views of the James River, Approximately 150 feet situated on the river with sandy beach, Priced Below Assessment, Utilities are available in subdivision, Lawnes point on the James is waterfront community, Bring your builder!

Last Agent to Sell the Property

David Riley

RE/MAX Commonwealth License #0225069046 Listed on: 05/27/2015

RE/MAX Commonwealth

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • River Front
  • Wooded Lot
  • Zoning described as RR

HOA Fees

  • $44 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Hardy Elementary School
  • Smithfield Middle School
  • Smithfield High School

Utilities

  • Shared Well
  • Community Sewer or Septic

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 6
  • Assessor Parcel Number 03D-01-006

Community Details

Overview

  • Smithfield Subdivision

Recreation

  • River Access
  • Walking Distance to Water

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 5.0
  • Ownership: REO
  • Subdivision Name: Smithfield
  • Special Features: 5120

Interior Features

  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: River Front, River Access, Walk to Water, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop, Shared Well
  • Utilities: Natural Gas Not Available, Underground Utilities, Electricity Available

Condo/Co-op/Association

  • Association Fee: 525.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Smithfield

Lot Info

  • Parcel Number: 03D-01-006
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 218700.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Hardy
  • High School: Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
May 11, 2016
Seller's Agent
David Riley
RE/MAX Commonwealth
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$199,000
Sold Price
$120,000
Premium/Discount to List
-$79,000
-39.7%
Current Estimated Value
$1,068,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,091
Avg. Annual Appreciation
26.70%

Purchase Details

Closed on
Mar 12, 2015

Purchase Details

Closed on
Jul 31, 2007
Sold by
Va Timberline Llc
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
-- $120,000 --
-- $152,000 --
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tawes Joshua M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $120,000 -39.7% --
04/08/2016 04/08/16 Pending -- -- --
05/27/2015 05/27/15 For Sale $199,000 -- --
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 $8,496 $1,163,900 $277,200 $886,700
2023 $8,318 $1,163,900 $277,200 $886,700
2022 $8,104 $947,100 $227,700 $719,400
2021 $6,638 $774,600 $227,700 $546,900
2020 $6,638 $774,600 $227,700 $546,900
2019 $6,638 $774,600 $227,700 $546,900
2018 $1,859 $218,700 $218,700 $0
2016 $1,859 $218,700 $218,700 $0
2015 $6,950 $218,700 $218,700 $0
2014 $6,950 $218,700 $218,700 $0
2013 -- $218,700 $218,700 $0
Source: Public Records

Agents Affiliated with this Home

  • David Riley

    Seller's Agent in 2016

    David Riley

    RE/MAX

    (804) 612-4756

    187 Total Sales

    David Riley
    Section Image

  • N

    Buyer's Agent in 2016

    NON MLS USER MLS

    NON MLS OFFICE

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Map

Source: Central Virginia Regional MLS

MLS Number: 1514919

Central Virginia Regional MLS

APN: 03D-01-006

Virginia Isle Of Wight County Smithfield 23430 Rushmere

15111 James River Way, Smithfield, VA

This home is located at 15111 James River Way, Smithfield, VA 23430 since 27 May 2015 and is currently estimated at $1,068,091. 15111 James River Way is a home located in Isle of Wight County with nearby schools including Hardy Elementary School, Smithfield Middle School, and Smithfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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