NOT LISTED FOR SALE

16058 Lone Oak Rd Montpelier, VA 23192

Estimated Value: $300,000 - $459,000

3 Beds
1.5 Baths
1,544 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $128,000 $83 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,021/month

10 Days on Market

Highlights

  • Side Porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • Liberty Middle School Rated A-
  • Partially Carpeted
  • 1-Story Property

About This Home

As of October 2020

What an opportunity to own in Hanover County with this 3 bedroom 1,544 sq. ft. home listed for LESS than $100,000! Priced over $53k less than it's assessment, this property is truly a bargain. Walk inside and see all the potential this home has to offer. Spacious living room, dining room, and kitchen greet you when you walk in. 2 bedrooms to the left with a hall bath. Large utility room with a 1/2 bathroom and the 3rd bedroom are on the right hand side of the home. Conveniently located within 15 minutes to Short Pump, Ashland, Glen Allen, etc. Hurry and schedule your showing today as this one will likely not last at this price!

Last Agent to Sell the Property

Kevin Randesi

804 Real Estate, LLC License #0225177324 Listed on: 09/21/2020

Last Buyer's Agent

Lori Bradley

Fathom Realty Virginia License #0225034555

Fathom Realty Virginia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1958

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Zoning described as A1

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Side Porch
  • Stoop

Schools

  • South Anna Elementary School
  • Liberty Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 7822-80-8794

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Ranch
  • 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: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1544.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Side Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Other, Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 7822-80-8794
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1226.0

MLS Schools

  • Elementary School: South Anna
  • High School: Patrick Henry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Scotchtown Properties Llc
Bought by
Mcdonell John R
Current Estimated Value
$351,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Outstanding Balance
$317,981
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$33,841

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 22, 2020
Sold by
Mortgage Equity Conversion Asset Trust 2
Bought by
Scottchtown Properties Llc
Seller's Agent
Kevin Randesi
804 Real Estate, LLC
Buyer's Agent
Lori Bradley
Fathom Realty Virginia
List Price
$94,000
Sold Price
$128,000
Premium/Discount to List
$34,000
36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.17%
Original Mortgage
$180,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2020
Closed on
Sep 1, 2020
Sold by
Commonwealth Trustees Llc
Bought by
Us Bank Na
Seller's Agent
Kevin Randesi
804 Real Estate, LLC
Buyer's Agent
Lori Bradley
Fathom Realty Virginia
List Price
$94,000
Sold Price
$128,000
Premium/Discount to List
$34,000
36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Mcdonell John R $325,000 Old Republic National Title
Scottchtown Properties Llc $128,000 Attorney
Us Bank Na $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonell John R $319,113
Previous Owner Scottchtown Properties Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $128,000 +36.2% $83 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $94,000 -- $61 / 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 $2,002 $247,100 $90,000 $157,100
2024 $1,768 $218,300 $78,000 $140,300
2023 $1,544 $200,500 $73,000 $127,500
2022 $1,488 $183,700 $68,000 $115,700
2021 $1,282 $161,300 $65,000 $96,300
2020 $1,226 $151,400 $58,000 $93,400
2019 $281 $151,400 $58,000 $93,400
2018 $1,124 $138,800 $55,000 $83,800
2017 $1,124 $138,800 $55,000 $83,800
2016 $260 $128,200 $52,000 $76,200
2015 $260 $128,200 $52,000 $76,200
2014 $260 $128,200 $52,000 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2028901

Central Virginia Regional MLS

APN: 7822-80-8794