NOT LISTED FOR SALE

15741 New Kent Hwy Lanexa, VA 23089

Estimated Value: $289,000 - $402,000

4 Beds
2 Baths
2,016 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $120,000 $60 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,041/month

About This Home

As of January 2023

6.5 acres of mature woodland in central to eastern New Kent County, fronting approx. 700' on Rt. 249 and approx. 600' on Rt. 623 (gravel, State maintained) with level to rolling topography. Evaluated for soil suitability for septic drain field and determined suitable for a conventional 4 bedroom system by an AOSE in August 2022. Cox Cable TV wiring on poles on opposite side of Rt. 249. Overhead electric easement crosses eastern end of property, and underground electric service observed along opposite side of Rt. 623 to rear of site. Zoned A-1, Agriculture with no restrictive covenants or HOA. Single family dwellings are a permitted use in A-1 zoning in New Kent County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Burks Melvin V
Bought by
Burks Melvin V and Burks Cheri L
Current Estimated Value
$351,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,262
Interest Rate
3.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Burks Melvin V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burks Melvin V $183,191
Closed Burks Melvin V $185,262
Closed Burks Melvin $189,153
Closed Burks Melvin $191,705
Closed Burks Melvin $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $120,000 -4.0% --
11/30/2022 11/30/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $125,000 -- --

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 $1,494 $253,200 $88,000 $165,200
2023 $1,412 $210,800 $76,800 $134,000
2022 $1,412 $210,800 $76,800 $134,000
2021 $1,286 $162,800 $55,700 $107,100
2020 $1,286 $162,800 $55,700 $107,100
2019 $1,289 $157,200 $45,500 $111,700
2018 $1,289 $157,200 $45,500 $111,700
2017 $1,173 $141,300 $43,900 $97,400
2016 $677 $81,600 $43,900 $37,700
2015 $657 $78,200 $47,300 $30,900
2014 -- $78,200 $47,300 $30,900
Source: Public Records

Agents Affiliated with this Home

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