$89,500
SOLD DEC 27, 2012

1516 Porters Mill Ct Midlothian, VA 23114

2 Beds
2 Baths
1,072 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

19% Below List Price

22 Days on Market

About This Home

As of September 2013

Open floor plan with 2 bedrooms and 2 baths with almost 1100 sq.ft. Needs TLC and could be great investor property or possibly a FHA 203K for owner occupied. Hardwood floors in the great room and foyer and carpet needed in hall and bedrooms. Two tiered deck with nice fenced rear yard. Cul de sac location.

Last Agent to Sell the Property

Linda Greenlaw

Fathom Realty Virginia License #0225055443

Last Buyer's Agent

Heather Valentine

Valentine Properties License #0225077282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,366

Year Built

  • 1983

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 737-695-52-35-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,366

Year Built

1983

Lot Details

0

Listing Details

  • Structure: Frame, Block
  • Price Per Finished Sq Ft: 83.49
  • Finished Sq Ft: 1072
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Appliances Equipment: Dishwasher, Electric Cooking, Refrigerator
  • Flooring: Linoleum, Wood-Part
  • Interior: 1st Floor Bedrm W/ Full Bath, Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Number of Rooms: 4
  • Fireplace: Prefabricate
  • Total Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Crawl Space
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Deck
  • Roof: Composition
  • Siding: Cedar
  • Wall Type: Drywall

Garage/Parking

  • Parking: Double Width

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Evergreen
  • Middle School: Midlothian
  • High School: Monacan

Lot Info

  • Zoning: R7
  • Lot: 010
  • Lot Description: Cul-De-Sac
  • Parcel Number: 737-695-52-35-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 18, 2013
Sold by
Graff Gunnar E
Bought by
Payne Nathan A and Starring Jessica B
Seller's Agent
Heather Valentine
Valentine Properties
Buyer's Agent
Linda Greenlaw
Fathom Realty Virginia
List Price
$150,000
Sold Price
$144,000
Premium/Discount to List
-$6,000
-4%
Total Days on Market
22
Current Estimated Value
$292,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,310
Avg. Annual Appreciation
6.25%
Original Mortgage
$141,391
Outstanding Balance
$106,802
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$185,508

Purchase Details

Listed on
Nov 9, 2012
Closed on
Dec 20, 2012
Sold by
Rainaldi Heir At Law Miranda J
Bought by
Graff Gunnar E
Seller's Agent
Linda Greenlaw
Fathom Realty Virginia
Buyer's Agent
Heather Valentine
Valentine Properties
List Price
$109,950
Sold Price
$89,500
Premium/Discount to List
-$20,450
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.53%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Wells Stacy K
Bought by
Altice Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Murden John C
Bought by
Wells Stacy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1997
Sold by
Fuller George B
Bought by
Cook Shirley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,456
Interest Rate
7.55%
Mortgage Type
FHA

Map

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 Type Sale Price Title Company
Warranty Deed $144,000 --
Warranty Deed $69,500 --
Warranty Deed $87,400 --
Warranty Deed $76,000 --
Warranty Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,391 FHA
Previous Owner $87,400 New Conventional
Previous Owner $64,300 New Conventional
Previous Owner $68,456 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $144,000 -4.0% $134 / Sq Ft
08/18/2013 08/18/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $150,000 +67.6% $140 / Sq Ft
12/27/2012 12/27/12 Sold $89,500 -18.6% $83 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $109,950 -- $103 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,366 $238,100 $60,000 $178,100
2023 $2,089 $229,600 $57,000 $172,600
2022 $1,922 $208,900 $52,000 $156,900
2021 $1,826 $185,300 $50,000 $135,300
2020 $1,702 $179,200 $48,000 $131,200
2019 $1,659 $174,600 $48,000 $126,600
2018 $1,528 $160,800 $45,000 $115,800
2017 $1,466 $152,700 $45,000 $107,700
2016 $1,418 $147,700 $45,000 $102,700
2015 $1,399 $143,100 $43,000 $100,100
2014 $1,370 $140,100 $42,000 $98,100
Source: Public Records

Source: Central Virginia Regional MLS

MLS Number: 1227339

Central Virginia Regional MLS

APN: 737-69-55-23-500-000