$70,000
SOLD SEP 30, 2024

15401 Pocahontas Trail Unit A Lanexa, VA 23089

2 Beds
1 Bath
1,044 Sq Ft
1.63 Acres

Recently Sold

$67 Per Sq Ft

30% Below List Price

5 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • 1-Story Property
  • Additional Land

About This Home

As of September 2024

INVESTOR SPECIAL! With a large amount of profit margin this agricultural zoned property with home is ready to be flipped! Comparable fully renovated homes are selling in the $250,000 range. The possibilities are endless from a weekend cabin, to a renovated primary residence. Welcome to 15401 Pocahontas Trail in Lanexa! This property has newer doors and windows, a newer roof, vinyl siding, while the interior of the home is a blank canvas (down to the studs and subflooring). This home sits on a private 1.63 acres and is perfect for buyers wanting to put in some sweat equity or for investors. There is a well and conventional septic system on on the property and it's conveniently located to Diascund Reservoir Park, Chickahominy River, campgrounds, parks, and more! Act fast!

Last Agent to Sell the Property

James Nay

River City Elite Properties License #0225221595 Listed on: 09/11/2024

Last Buyer's Agent

Christina Bacon

Keller Williams Realty License #0225103951

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $747

Year Built

  • Built in 1948

Lot Details

  • 1.63 Acre Lot
  • Additional Land
  • Zoning described as A1

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Utilities

  • No Cooling
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 45 53A

Home Details

Home Type

Single Family

Est. Annual Taxes

$747

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Property Attached Yn: No
  • Lot Size Acres: 1.63
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 1044.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Additional Land Available, Buildable
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Other
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Parcel Number: 45 53A
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 747.05
  • Tax Lot: C

MLS Schools

  • Elementary School: New Kent
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Sep 27, 2024
Sold by
Weis Donald Wade
Bought by
Client First Construction Llc
Seller's Agent
James Nay
River City Elite Properties
Buyer's Agent
Christina Bacon
Keller Williams Realty
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.68%

Purchase Details

Listed on
Sep 11, 2024
Closed on
Aug 26, 2024
Sold by
Johnson Realty Advisors Inc
Bought by
Weis Donald Wade
Seller's Agent
James Nay
River City Elite Properties
Buyer's Agent
Christina Bacon
Keller Williams Realty
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%
Views
40

Purchase Details

Closed on
May 20, 2024
Sold by
Jones Hamill D
Bought by
Johnson Rlty Advisors Inc Reti and Johnson

Purchase Details

Listed on
May 14, 2021
Closed on
Dec 28, 2021
Sold by
Kate Lowry Shannon
Bought by
Northrun Holdings Llc
Seller's Agent
Collin McDowell
eXp Realty LLC
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$50,000
Sold Price
$49,000
Premium/Discount to List
-$1,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.92%
Original Mortgage
$100,000
Interest Rate
8%
Mortgage Type
Construction
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 Type Sale Price Title Company
Bargain Sale Deed $120,000 First American Title
Bargain Sale Deed $50,000 First American Title
Deed $63,000 None Listed On Document
Bargain Sale Deed $98,000 Reid Daniel L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Construction
Previous Owner $248,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $249,000 +38.3% --
05/07/2025 05/07/25 For Sale $180,000 +157.1% --
09/30/2024 09/30/24 Sold $70,000 -29.9% $67 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $99,900 +99.8% $96 / Sq Ft
08/26/2024 08/26/24 Sold $50,000 0.0% $49 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $50,000 +2.0% $49 / Sq Ft
12/30/2021 12/30/21 Sold $49,000 -2.0% $48 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $50,000 +2.0% $49 / Sq Ft
11/11/2021 11/11/21 Off Market $49,000 -- --
10/20/2021 10/20/21 Price Changed $50,000 -16.7% $49 / Sq Ft
08/04/2021 08/04/21 Price Changed $60,000 -29.4% $59 / Sq Ft
05/14/2021 05/14/21 For Sale $85,000 -- $84 / 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 $725 $122,800 $61,200 $61,600
2023 $747 $111,500 $57,200 $54,300
2022 $747 $111,500 $57,200 $54,300
2021 $865 $109,500 $53,600 $55,900
2020 $865 $109,500 $53,600 $55,900
2019 $79 $96,500 $44,000 $52,500
2018 $79 $96,500 $44,000 $52,500
2017 $799 $96,300 $42,400 $53,900
2016 $799 $96,300 $42,400 $53,900
2015 $754 $89,800 $46,000 $43,800
2014 -- $89,800 $46,000 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2423692

Central Virginia Regional MLS

APN: 45 53A