NOT LISTED FOR SALE

1814 Lockett Rd Rice, VA 23966

Estimated Value: $152,000 - $325,000

3 Beds
2 Baths
1,456 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $225,000 $155 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,335/month

19 Days on Market

Highlights

  • Deck
  • Central Air
  • Stone Fireplace
  • 1.5 Car Detached Garage
  • Heat Pump System
  • 1-Story Property

About This Home

As of March 2023

Come and view this beautiful remodeled ranch-style home in Rice, Va. First, walk into an open floor plan with gorgeous refinished hardwood floors, a rock fireplace, and plenty of room for your furniture. The remodeled kitchen includes tile flooring, new cabinets with soft-close drawers, stainless appliances, and excellent lighting. Wait until you see the primary bedroom suite. It offers a large room, a walk-in closet, a private bathroom with dual vanity, a tile floor, and a tile shower. This house will be low maintenance with its all-NEW plumbing, electrical, roof, heat pump, huge deck, windows, and more. This property has almost three acres and a detached shop. It is conveniently located within 15 minutes of Farmville and a few miles from 307. Set up your showing before it is gone!

Last Agent to Sell the Property

Marshall Simpson

RE/MAX Advantage Plus License #0225230244 Listed on: 02/01/2023

RE/MAX Advantage Plus

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1975

Lot Details

  • 2.48

Parking

  • 1.5 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 027 6B 0

Home Details

Home Type

Single Family

Est. Annual Taxes

$603

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Living Area: 1456.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stone
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Detached, Garage

Utilities

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

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 027 6B 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 603.0

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 13, 2023
Sold by
Oak Road Properties Llc
Bought by
Adams Nicholas Grey and Adams Courtney Newcomb
Seller's Agent
Marshall Simpson
RE/MAX Advantage Plus
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%
Views
31
Current Estimated Value
$244,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,845
Avg. Annual Appreciation
4.37%
Original Mortgage
$218,250
Outstanding Balance
$211,629
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$42,329

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 27, 2022
Sold by
Lamb Parser and Simpson Marshall
Bought by
Oak Road Properties Llc
Seller's Agent
Marshall Simpson
RE/MAX Advantage Plus
Buyer's Agent
Marshall Simpson
RE/MAX Advantage Plus
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.19%
Original Mortgage
$70,000
Interest Rate
8.1%

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jun 6, 2022
Sold by
Carroll-Hackett Mary A
Bought by
Simpson Marshall
Seller's Agent
Marshall Simpson
RE/MAX Advantage Plus
Buyer's Agent
Marshall Simpson
RE/MAX Advantage Plus
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Nicholas Grey $225,000 None Listed On Document
Oak Road Properties Llc $100,000 Gagl Deborah C
Simpson Marshall -- Gaglio Deborah C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Nicholas Grey $218,250
Previous Owner Oak Road Properties Llc $70,000
Previous Owner Oak Road Properties Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $225,000 -13.5% $155 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/07/2023 02/07/23 Price Changed $260,000 -5.5% $179 / Sq Ft
02/01/2023 02/01/23 For Sale $275,000 +175.0% $189 / Sq Ft
08/04/2022 08/04/22 Sold $100,000 +0.1% $69 / Sq Ft View Prior Sale
07/22/2022 07/22/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $99,900 -- $69 / Sq Ft
Source: Central Virginia Regional 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
2024 $750 $147,100 $17,000 $130,100
2023 $706 $147,100 $17,000 $130,100
2022 $553 $115,200 $17,000 $98,200
2021 $553 $115,200 $17,000 $98,200
2020 $507 $99,400 $15,000 $84,400
2019 $507 $99,400 $15,000 $84,400
2018 $507 $99,400 $15,000 $84,400
2017 $507 $99,400 $15,000 $84,400
2016 $507 $99,400 $15,000 $84,400
2015 $487 $99,400 $15,000 $84,400
2014 $643 $136,900 $15,600 $121,300
2013 $575 $136,900 $15,600 $121,300
Source: Public Records

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Map

Source: Central Virginia Regional MLS

MLS Number: 2302319

Central Virginia Regional MLS

APN: 027-6B-0