$140,000
SOLD FEB 18, 2016

16101 Old Castle Rd Midlothian, VA 23112

0.3 Acre
$466,667 Price per Acre
13,068 Sq Ft Lot

Recently Sold

About This Lot

As of August 2018

Beautiful level lot in the ever popular Hallsley neighborhood

Last Agent to Sell the Property

Bobby Krausse

Hallsley Realty LLC License #0225146300 Listed on: 01/19/2016

Last Buyer's Agent

Carolyn Longmire

Coach House Realty LLC License #0225183835

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,344

Lot Details

  • 0.3 Acre Lot
  • Zoning described as SF

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Water Not Available

Community Details

  • Hallsley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 710695841600000

Property Details

Property Type

Land

Est. Annual Taxes

$1,344

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.3
  • Ownership: Corporate
  • Subdivision Name: Hallsley
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Fencing: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Fiber Optic Available, Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities, Trash

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 710695841600000
  • Zoning Description: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1344.0

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Aug 14, 2018
Sold by
Timbercreek Building And Design Llc
Bought by
Reid Daniel E and Reid Jennifer S
Seller's Agent
Erin Hungerford
Long & Foster REALTORS
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$531,500
Sold Price
$625,352
Premium/Discount to List
$93,852
17.66%
Current Estimated Value
$932,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,676
Avg. Annual Appreciation
6.25%
Original Mortgage
$531,549
Outstanding Balance
$464,494
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$488,288

Purchase Details

Closed on
Jul 28, 2016
Sold by
Meara Margaret S
Bought by
Timbercreek Building And Design Llc A Vi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 10, 2016
Sold by
East West Hallsley Llc A Virgiaia Limite
Bought by
Meara Margaret S
Seller's Agent
Bobby Krausse
Hallsley Realty LLC
Buyer's Agent
Carolyn Longmire
Coach House Realty LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%
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 Type Sale Price Title Company
Warranty Deed $625,352 Atlantic Coast Stlmnt Svcs
Warranty Deed $128,000 None Available
Warranty Deed $140,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $531,549 New Conventional
Previous Owner $2,500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $625,352 +17.7% $184 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $531,500 +279.6% $156 / Sq Ft
02/18/2016 02/18/16 Sold $140,000 0.0% --
01/19/2016 01/19/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $140,000 -- --
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 $6,990 $782,600 $160,000 $622,600
2024 $6,990 $764,800 $160,000 $604,800
2023 $6,161 $677,000 $152,000 $525,000
2022 $6,072 $660,000 $140,000 $520,000
2021 $5,806 $608,500 $135,000 $473,500
2020 $5,521 $581,200 $130,000 $451,200
2019 $5,280 $555,800 $130,000 $425,800
2018 $1,242 $130,000 $130,000 $0
2017 $1,248 $130,000 $130,000 $0
2016 $1,248 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1601837

Central Virginia Regional MLS

APN: 710-69-58-41-600-000