NOT LISTED FOR SALE

16260 Old Castle Rd Midlothian, VA 23112

Estimated Value: $181,000 - $741,000

0.51 Acre
$816,235 Price per Acre
22,015 Sq Ft Lot

Last Sold July 12, 2019

Last sale price $99,000

Est. 317% increase in value since last sale

Current estimated payment $2,504/month

135 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • Tennis Courts
  • Midlothian High School Rated A
  • Community Pool
  • Trails

About This Lot

As of July 2019

Rare opportunity to purchase one of the last WALK-OUT BASEMENT Lots in Hallsley backing to the nature preserve! You can't beat the location of this lot within prestigious Hallsley, close to the clubhouse and literally steps to the walking trails. The children of Hallsley currently attend the highly rated Midlothian Schools, J.B. Watkins Elementary, Midlothian Middle and High. Beginning in the Fall 2019 school year, Hallsley residents will attend the newest elementary school in Chesterfield County, Old Hundred. Hallsley has been named the #1 community in Richmond and the #1 community in the nation!!! This is your opportunity to get a piece of Hallsley and live the dream everyone has been talking about. You can build now or hold on to this private homesite as an investment for your future! PRIVATE WALK-OUT BASEMENT LOTS are rare. Hallsley's resort-style amenities, include, walking trails, fishing pond, dog park, tennis courts, pool, clubhouse and access to Hallsley's private limousine service where you can gather some friends & head out to Scotts Addition for the afternoon, dine in downtown Richmond, the options are too many to list! Make your dreams a reality! Buy Now!

Last Agent to Sell the Property

Kelly Trebour

Long & Foster REALTORS License #0225182202 Listed on: 02/08/2019

Long & Foster REALTORS

Last Buyer's Agent

Susan Dunbar

Long & Foster REALTORS License #0225036677

Long & Foster REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,330

Lot Details

  • 0.51 Acre Lot
  • Wooded Lot
  • Zoning described as R15

HOA Fees

  • $93 Monthly HOA Fees

Schools

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

Utilities

  • Water Not Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 711-69-62-94-400-000

Community Details

Overview

  • Hallsley Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,330

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.5054
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: Hallsley
  • Special Features: None

Interior Features

  • Possible Use: Investment, Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Wooded
  • Pool Features: Community
  • Waterfront: No
  • Other Structures: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Community Pool, Home Owners Association, Playground, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 280.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 711-69-62-94-400-000
  • Zoning Description: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1330.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Elizabeth Dunbar Susan
Bought by
Gillespie Brad and Marlar Logan
Current Estimated Value
$412,525

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jul 11, 2019
Sold by
Schrinel Justin R and Schrinel Melissa F
Bought by
Dunbar Susan
Seller's Agent
Kelly Trebour
Long & Foster REALTORS
Buyer's Agent
Susan Dunbar
Long & Foster REALTORS
List Price
$140,000
Sold Price
$99,000
Premium/Discount to List
-$41,000
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.95%

Purchase Details

Closed on
Sep 17, 2018
Sold by
Schrinel Justin R
Bought by
Schrinel Justin R and Schrinel Melissa F

Purchase Details

Closed on
Jun 17, 2016
Sold by
East West-Hallsley Llc A Virginia Limite
Bought by
Schrinel Justin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving
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
Gillespie Brad $165,000 First American Title
Dunbar Susan $99,000 Attorney
Schrinel Justin R -- None Available
Schrinel Justin R $140,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrinel Justin R $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $99,000 -9.2% --
06/23/2019 06/23/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $109,000 -22.1% --
02/08/2019 02/08/19 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 $1,469 $165,000 $165,000 $0
2024 $1,469 $165,000 $165,000 $0
2023 $1,429 $157,000 $157,000 $0
2022 $1,334 $145,000 $145,000 $0
2021 $1,330 $140,000 $140,000 $0
2020 $1,330 $140,000 $140,000 $0
2019 $1,330 $140,000 $140,000 $0
2018 $1,337 $140,000 $140,000 $0
2017 $1,344 $140,000 $140,000 $0
2016 $1,344 $140,000 $140,000 $0
2015 $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: 1903716

Central Virginia Regional MLS

APN: 711-69-62-94-400-000