NOT LISTED FOR SALE

1705 Mt Olivett Rd Powhatan, VA 23139

Estimated Value: $342,000 - $424,000

3 Beds
2.5 Baths
1,606 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $319,950 $199 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,209/month

165 Days on Market

Highlights

  • Under Construction
  • Front Porch
  • En-Suite Primary Bedroom
  • Powhatan Elementary School Rated A-
  • Walk-In Closet
  • Zoned Heating and Cooling

About This Home

As of March 2023

Welcome to 1705 Mt. Olivett Rd, the Baywood I by Vertical Builders! This gorgeous home, under construction, is situated on over an acre and features 1,606 finished square feet, 3 bedrooms with 2.5 baths. The kitchen includes laminate countertops, luxury vinyl plank floors, pantry, and matching stainless steel appliances. The family room in the rear of the home is open to the kitchen and the layout is great for spending quality time with family and friends. Also on the first floor is a separate office that could double as a small bedroom or multipurpose room. Upstairs the primary bedroom features carpet floors, walk in closet, and private full bath with tile shower. There are 2 other well-sized bedrooms upstairs with carpet floors with spacious closets. PHOTOS OF COMPLETED HOME ARE OF A HOME WITH SIMILAR LAYOUT & FINISHES AND IS FOR EXAMPLE ONLY. FEATURES, SPECIFICATIONS, ETC. ARE SPECIFIC TO THIS LISTING - SEE ATTACHMENTS. HOME COMPLETION IS February 2023. $7,500 CREDIT AT CLOSING WITH USE OF PREFERRED LENDER & ATTORNEY. Check out the Matterport link for a tour of a recently completed similar property. Thanks for visiting we hope you call it home!

Last Agent to Sell the Property

Stoney Marshall

Hometown Realty Services Inc License #0225076565 Listed on: 08/12/2022

Last Buyer's Agent

Jamie Richardson

Providence Hill Real Estate License #0225224447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.14

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,606 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Driveway
  • Unpaved Parking

Schools

  • Powhatan Elementary School
  • Pocahontas Middle School
  • Powhatan High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • Front Porch
  • 1.14 Acre Lot

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 036-41E

Home Details

Home Type

Single Family

Est. Annual Taxes

$283

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 1.139
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Dining Area, Laminate Counters, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 1606.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Exterior Features: Porch, Unpaved Driveway
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: 036-41E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 283.0
  • Tax Lot: E

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Mar 15, 2023
Sold by
Vertical Builders Llc
Bought by
York Jonathan
Seller's Agent
Stoney Marshall
Hometown Realty Services Inc
Buyer's Agent
Jamie Richardson
Providence Hill Real Estate
List Price
$319,950
Sold Price
$319,950
Views
286
Current Estimated Value
$383,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,195
Avg. Annual Appreciation
6.96%
Original Mortgage
$303,952
Outstanding Balance
$295,092
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
$88,053
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
York Jonathan $319,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Jonathan $303,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $319,950 0.0% $199 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
08/12/2022 08/12/22 For Sale $319,950 -- $199 / 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 $2,283 $304,400 $69,400 $235,000
2024 $1,945 $281,900 $64,300 $217,600
2023 $1,593 $40,800 $40,800 $0
2022 $31 $40,800 $40,800 $0
2021 $304 $35,800 $35,800 $0
2020 $304 $30,800 $30,800 $0
2019 $271 $30,800 $30,800 $0
2018 $276 $30,800 $30,800 $0
2017 $273 $30,800 $30,800 $0
2016 $279 $30,800 $30,800 $0
2014 $279 $31,000 $31,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2222794

Central Virginia Regional MLS

APN: 036-41E