NOT LISTED FOR SALE

1550 Palmore Rd Powhatan, VA 23139

Estimated Value: $468,000 - $512,000

3 Beds
3 Baths
1,586 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $305,000 $192 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,841/month

3 Days on Market

Highlights

  • 2.47 Acre Lot
  • Deck
  • Breakfast Area or Nook
  • Powhatan Elementary School Rated A-
  • High Ceiling
  • 2 Car Direct Access Garage

About This Home

As of March 2020

Come check out this gorgeous 3 bedroom, 3 full bath Rancher on almost 2.5 private acres in Powhatan. As you walk up the newly built front porch and enter you will fall in love with this desirable open floor plan. The main level boasts just under 1600 square feet with 3 bedrooms and 2 full baths. There are new laminate floors that flow from the dining area through the living room and into the large master bedroom. In the master there is a large walk-in closet and en suite bathroom. On the other side of the house are the other 2 bedrooms with newer carpet and a full bathroom. Off the dining and kitchen is a door leading to a massive new rear deck that is perfect for entertaining. Go through the laundry room to get to the spacious basement/garage area. This lower level has another nearly 1600 square feet of heated and cooled space. There are 2 side entry garage doors that lead to this space as well. This basement has a large workshop area, another full bathroom, and a large area currently being used as gym. Outside there is large backyard and a well constructed pole barn that is perfect for extra storage. New gutter guards were just installed. Don't Miss out!!!

Last Agent to Sell the Property

Ty Condrey

Real Broker LLC License #0225212723 Listed on: 01/29/2020

Real Broker LLC

Last Buyer's Agent

Terell Snead

Hometown Realty License #0225225063

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1999

Lot Details

  • 2.47 Acre Lot
  • Zoning described as A-1

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Heated Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

Schools

  • Powhatan Elementary And Middle School
  • Powhatan High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 039-50M

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,080

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Property Attached Yn: No
  • Lot Size Acres: 2.467
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1586.0
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Basement: Full, Garage Access, Heated
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Dining Area, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Walk-In Closet(s)
  • Living Area: 1586.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Exterior Features: Deck, Out Building(s), Porch, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Basement, Direct Access, Driveway, Garage, Heated Garage, Paved, Garage Faces Rear, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 039-50M
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2080.0

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 31, 2020
Sold by
Hicks Kendall J
Bought by
Allen Hite D and Wilkins Alison H
Seller's Agent
Ty Condrey
Real Broker LLC
Buyer's Agent
Terell Snead
Hometown Realty
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$484,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,638
Avg. Annual Appreciation
8.77%
Original Mortgage
$305,000
Outstanding Balance
$270,193
Interest Rate
3.4%
Mortgage Type
Construction
Estimated Equity
$214,445

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 31, 2015
Seller's Agent
Carlene Greenwood-Buchko
Greenwood & Associates
Buyer's Agent
Ann Mink
Shaheen Ruth Martin & Fonville
List Price
$239,950
Sold Price
$237,950
Premium/Discount to List
-$2,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
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 Buyer Sale Price Title Company
Allen Hite D $305,000 --
-- $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Hite D $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $305,000 +1.7% $192 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $300,000 +26.1% $189 / Sq Ft
03/30/2015 03/30/15 Sold $237,950 -0.8% $150 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $239,950 -- $151 / 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 $3,246 $432,800 $105,000 $327,800
2024 $2,765 $400,700 $97,200 $303,500
2023 $113 $305,400 $84,200 $221,200
2022 $102 $305,400 $84,200 $221,200
2021 $2,301 $270,700 $79,200 $191,500
2020 $2,301 $236,400 $70,300 $166,100
2019 $2,080 $236,400 $70,300 $166,100
2018 $1,945 $236,400 $70,300 $166,100
2017 $1,865 $228,800 $70,300 $158,500
2016 $1,865 $228,800 $70,300 $158,500
2014 $1,865 $207,200 $58,300 $148,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2002648

Central Virginia Regional MLS

APN: 039-50M