NOT LISTED FOR SALE

Estimated Value: $878,000 - $1,019,000

1.86 Acres
$509,822 Price per Acre
81,022 Sq Ft Lot

Last Sold April 13, 2016

Last sale price $163,000 $49 Per Sq Ft

Est. 482% increase in value since last sale

Current estimated payment $5,764/month

221 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Private Water Access
  • Stream or River on Lot
  • Grassfield Elementary School Rated A-
  • 1.86 Acre Lot
  • Cul-De-Sac

About This Lot

As of April 2016

Waterfront Building site. Grassfield High School ranked among 2015 "Best High Schools in Nation" by US News & World Report. Located in a quiet neighborhood on New Mill Creek with quick access to the Southern Branch of Elizabeth River. Features include curb & gutter streets and public utilities. All this with nearby access to your daily commute & shopping. Chesapeake Tax ID# 0461010000210

Last Agent to Sell the Property

John Horton

(540) 681-1500 realtorJohnHorton@gmail.com Samson Properties License #0225214817 Listed on: 07/12/2015

Samson Properties

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 1.86 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Cul-De-Sac
  • The property's topography is level
  • No Building Permits
  • Property is zoned R15

HOA Fees

  • $39 Monthly HOA Fees

Location

  • Property is near creek

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number NO TAX ID FOUND

Community Details

Overview

  • Cedar Landing Estates Subdivision

Recreation

  • Private Water Access
  • Stream or River on Lot

Property Details

Property Type

Land

Lot Details

1.86 Acres

HOA Fees

$39 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Basement: No
  • Price Per Sq Ft: 2.09

Exterior Features

  • Road Surface Type: Approved, Black Top, Paved
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: NEW MILL CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 117.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Features: Stream/Creek, Cul-De-Sac
  • Lot Size Acres: 1.86
  • Lot Size Area: 80804
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 80804.00
  • Topography: Level
  • Zoning: R15

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: NO TAX ID FOUND
  • Tax Lot: 21

MLS Schools

  • School District Name: CHESAPEAKE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2016
Sold by
Oceanside Building Llc A Virginia Limite
Bought by
Cassels Robert M and Cassels Jane G
Current Estimated Value
$948,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$441,555
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$506,713

Purchase Details

Closed on
Jun 29, 2007
Sold by
Est Cedar Landing
Bought by
March Norman
Source: Public Records
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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
Cassels Robert M $598,569 Attorney
March Norman $100,000 --
March Norman K $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassels Robert M $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $163,000 -3.6% $49 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
07/12/2015 07/12/15 For Sale $169,000 -- $51 / Sq Ft
Source: Bright MLS

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 $8,841 $880,800 $225,000 $655,800
2024 $8,841 $875,300 $205,000 $670,300
2023 $7,624 $838,600 $175,000 $663,600
2022 $7,661 $758,500 $165,000 $593,500
2021 $6,705 $638,600 $145,000 $493,600
2020 $6,220 $592,400 $140,000 $452,400
2019 $6,196 $590,100 $140,000 $450,100
2018 $6,196 $590,100 $140,000 $450,100
2017 $6,035 $574,800 $140,000 $434,800
2016 $1,470 $140,000 $140,000 $0
2015 $1,470 $140,000 $140,000 $0
2014 $1,470 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001115611

Bright MLS

APN: 0461010000210

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