NOT LISTED FOR SALE

15409 Pocahontas Trail Unit B Lanexa, VA 23089

Estimated Value: $69,000 - $80,504

2 Beds
1 Bath
624 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $50,000 $80 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $436/month

4 Days on Market

Highlights

  • Wood Flooring
  • Additional Land
  • No Heating
  • Cottage
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2024

INVESTOR SPECIAL ON 3 ACRES! With a large amount of profit margin this agricultural zoned property with home is ready to be flipped! Small house/cabin is fully gutted and in need of an extensive renovation. The possibilities are endless from a weekend cabin, rental property or a renovated primary residence. Welcome to 15409 Pocahontas Trail in Lanexa! This home sits on a private 3 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 - Real Broker License #0225221595 Listed on: 09/12/2024

Last Buyer's Agent

Christina Bacon

Keller Williams Realty License #0225103951

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $484

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Cottage
  • Bungalow
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

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
  • No Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 45 53B

Home Details

Home Type

Single Family

Est. Annual Taxes

$484

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Property Attached Yn: No
  • Lot Size Acres: 3.0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • 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 YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 624.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: New Kent

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 483.74

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 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 - Real Broker
Buyer's Agent
Christina Bacon
Keller Williams Realty
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Views
60
Current Estimated Value
$75,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,501
Avg. Annual Appreciation
41.39%

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
11.60%
Original Mortgage
$248,000
Interest Rate
3.12%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Client First Construction Llc $120,000 First American Title
Johnson Rlty Advisors Inc Reti $63,000 None Listed On Document
Northrun Holdings Llc $98,000 Reid Daniel L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northrun Holdings Llc $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $50,000 -16.7% $80 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $60,000 +22.4% $96 / Sq Ft
12/30/2021 12/30/21 Sold $49,000 -2.0% $72 / Sq Ft View Prior Sale
12/10/2021 12/10/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $50,000 +2.0% $74 / Sq Ft
11/11/2021 11/11/21 Off Market $49,000 -- --
10/20/2021 10/20/21 Price Changed $50,000 -16.7% $74 / Sq Ft
08/04/2021 08/04/21 Price Changed $60,000 -14.3% $88 / Sq Ft
05/14/2021 05/14/21 For Sale $70,000 -- $103 / 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
2025 $472 $78,700 $65,000 $13,700
2024 $464 $78,700 $65,000 $13,700
2023 $484 $72,200 $59,400 $12,800
2022 $484 $72,200 $59,400 $12,800
2021 $769 $97,400 $57,100 $40,300
2020 $769 $97,400 $57,100 $40,300
2019 $704 $85,800 $46,500 $39,300
2018 $704 $85,800 $46,500 $39,300
2017 $671 $80,800 $44,900 $35,900
2016 $671 $80,800 $44,900 $35,900
2015 $704 $83,800 $48,100 $35,700
2014 -- $83,800 $48,100 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2423997

Central Virginia Regional MLS

APN: 45 53B