NOT LISTED FOR SALE

16 Merrimac Cove Ruther Glen, VA 22546

Estimated Value: $421,000 - $475,134

0.57 Acre
$787,340 Price per Acre
24,829 Sq Ft Lot

Last Sold July 03, 2019

Last sale price $69,000

Est. 550% increase in value since last sale

Current estimated payment $2,900/month

474 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach
  • Water Oriented
  • Boat Ramp
  • Fitness Center
  • Gated Community

About This Lot

As of July 2019

Come and build your dream home on this gorgeous waterfront lot in amenity filled Lakd Land Or on the Heritage side. This lot features over 200 FEET of water front and has water access! Relax and enjoy the sunsets from your lot of take your boat out to fully enjoy the lake! The community features pools, multiple lakes, beaches and so much more. Public water and public sewer hookups are available.

Last Agent to Sell the Property

Jay Greene

(540) 907-0703 jgreene@gohtr.com Hometown Realty Services, Inc. License #0225222100 Listed on: 02/07/2018

Hometown Realty Services, Inc.

Last Buyer's Agent

Jay Greene

(540) 907-0703 jgreene@gohtr.com Hometown Realty Services, Inc. License #0225222100 Listed on: 02/07/2018

Hometown Realty Services, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $484

Lot Details

  • 0.57 Acre Lot
  • 200 Feet of Waterfront
  • Cost To Obtain Building Permits
  • Property is zoned RP

HOA Fees

  • $88 Monthly HOA Fees

Schools

  • Lewis And Clark Elementary School
  • Caroline High School

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 889
  • Assessor Parcel Number 51A7-1-B-889

Community Details

Overview

  • Association fees include security gate, pier/dock maintenance, pool(s)
  • Lake Land Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Water Oriented
  • Property is near a lake
  • Lake Privileges

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$484

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.20

Exterior Features

  • Water Access: No
  • Water Body Name: LAKE HERITAGE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 1050.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges, Tot Lots/Playground, Swimming Pool, Security, Pool - Outdoor, Pier/Dock, Lake, Gated Community, Fitness Center, Common Grounds, Club House, Boat Dock/Slip, Boat Ramp, Beach, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Security Gate, Pier/Dock Maintenance, Pool(s)
  • HOA: Yes

Schools

  • Elementary School: LEWIS AND CLARK
  • High School: CAROLINE

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.57
  • Lot Size Area: 24973
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24973.00
  • Possible Use: Residential
  • Zoning: RP
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16806024
  • Tax Annual Amount: 483.80
  • Assessor Parcel Number: 51A7-1-B-889
  • Tax Lot: 889
  • Tax Page Number: 174
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: First Come - First Served

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jul 2, 2019
Sold by
Miller & Greene Homes Llc
Bought by
Bradshaw Arthur Ray and Bradshaw Constance Annette
Seller's Agent
Jay Greene
Hometown Realty Services, Inc.
Buyer's Agent
Jay Greene
Hometown Realty Services, Inc.
List Price
$99,900
Sold Price
$69,000
Premium/Discount to List
-$30,900
-30.93%
Current Estimated Value
$448,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,784
Avg. Annual Appreciation
33.86%

Purchase Details

Listed on
Aug 6, 2016
Closed on
Jan 30, 2017
Sold by
Thompson Joshua D
Bought by
Miller & Greene Homes Llc
Seller's Agent
Jennifer Sherrod
Century 21 Redwood Realty
Buyer's Agent
Jennifer Sherrod
Century 21 Redwood Realty
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Yeaton Norman D
Bought by
Thompson Joshua D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bradshaw Arthur Ray $69,000 Terrys Title
Miller & Greene Homes Llc $60,000 Chicago Title
Thompson Joshua D $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2019 07/03/19 Sold $69,000 -13.6% --
05/27/2019 05/27/19 Pending -- -- --
05/08/2018 05/08/18 Price Changed $79,900 -11.1% --
04/03/2018 04/03/18 Price Changed $89,900 -10.0% --
02/07/2018 02/07/18 For Sale $99,900 +66.5% --
01/31/2017 01/31/17 Sold $60,000 -24.9% -- View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $79,900 -- --
Source: Bright 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 $389,019 $505,220 $85,000 $420,220
2024 $2,499 $324,600 $81,000 $243,600
2023 $2,499 $324,600 $81,000 $243,600
2022 $2,499 $324,600 $81,000 $243,600
2021 $612 $79,500 $69,000 $10,500
2020 $572 $68,900 $59,000 $9,900
2019 $490 $59,000 $59,000 $0
2018 $490 $59,000 $59,000 $0
2017 $490 $59,000 $59,000 $0
2016 $484 $59,000 $59,000 $0
2015 -- $70,000 $70,000 $0
2014 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000122818

Bright MLS

APN: 51A7-1 B-889