NOT LISTED FOR SALE

159 Phillips Ln Bumpass, VA 23024

Estimated Value: $511,000 - $605,000

4 Beds
2.5 Baths
2,924 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $260,000 $89 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,143/month

1 Day on Market

Highlights

  • Custom Home
  • 21 Acre Lot
  • Forced Air Heating and Cooling System
  • Jouett Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of July 2017

Great opportunity for First Time Home Buyer! Welcome to this spacious 2 story home on 21 acres. Interior offers all the bells and whistles. First floor includes custom Eat-in kitchen with breakfast bar and nook, family room with gas fireplace, first-floor bedroom and formal dining room. Second level features huge master bedroom with walk-in closet, custom master with shelves, and a large unfinished additional room for storage. Exterior include custom screened-in gazebo, large patio with fire pit and detached storage building with electricity. Property is sold " AS-IS". Property status IE (Insured Escrow)

Last Agent to Sell the Property

Tony Gray

Virginia Resource Realty LLC License #0225090224 Listed on: 05/08/2017

Last Buyer's Agent

Andy Givens

Long & Foster REALTORS License #0225214134

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 2003

Lot Details

  • 21 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Jouett Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 97-22-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,264

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Property Attached Yn: No
  • Lot Size Acres: 21.0
  • Ownership: Corporate,REO
  • Subdivision Name: None
  • Architectural Style: Colonial, Custom, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2924.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Forced Air, Propane
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 97-22-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2264.0

MLS Schools

  • Elementary School: Jouett
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Miles Gloria and Lucas Timothy
Bought by
Miles Gloria and Lucas Timothy
Current Estimated Value
$545,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$260,913
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$284,800

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 26, 2017
Sold by
Secretary Housing Urban Development
Bought by
Miles Gloria and Lucas Timothy
Seller's Agent
Tony Gray
Virginia Resource Realty LLC
Buyer's Agent
Andy Givens
Long & Foster REALTORS
List Price
$288,000
Sold Price
$260,000
Premium/Discount to List
-$28,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$279,812
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Aug 4, 2010
Sold by
Oliver Clarence and Oliver Caril V
Bought by
Secretary Of Housing & Urban Developemnt

Purchase Details

Closed on
Nov 1, 2006
Sold by
Moloney Thomas P and Moloney Holly D
Bought by
Oliver Clarence and Oliver Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,800
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
Source: Public Records

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 Buyer Sale Price Title Company
Miles Gloria -- Accommodation
Miles Gloria -- None Listed On Document
Miles Gloria $260,000 Day Title
Branch Banking & Trust Co -- None Available
Secretary Of Housing & Urban Developemnt $450,079 None Available
Oliver Clarence $379,000 Day Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Gloria $288,000
Closed Miles Gloria $288,000
Previous Owner Miles Gloria $279,812
Previous Owner Oliver Clarence $75,800
Previous Owner Oliver Clarence $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $260,000 -9.7% $89 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $288,000 -- $98 / 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 $3,262 $514,400 $123,800 $390,600
2024 $3,262 $453,000 $106,100 $346,900
2023 $2,936 $429,300 $101,900 $327,400
2022 $2,782 $386,400 $99,100 $287,300
2021 $2,519 $349,900 $96,300 $253,600
2020 $2,426 $336,900 $96,300 $240,600
2019 $2,411 $334,900 $101,200 $233,700
2018 $2,340 $325,000 $103,600 $221,400
2017 $2,264 $323,000 $107,000 $216,000
2016 $2,264 $314,500 $107,000 $207,500
2015 $2,067 $310,100 $107,000 $203,100
2013 -- $299,500 $108,400 $191,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1717145

Central Virginia Regional MLS

APN: 97-22-10