NOT LISTED FOR SALE

Estimated Value: $100,841 - $480,000

0.27 Acre
$996,148 Price per Acre
11,761 Sq Ft Lot

Last Sold February 07, 2014

Last sale price $25,000

Est. 976% increase in value since last sale

Current estimated payment $1,502/month

20 Days on Market

About This Lot

As of February 2014

0.2717 Acres. Priced $40,000 below assessed value. Great Investment Opportunity.

Last Agent to Sell the Property

David Riley

RE/MAX Commonwealth License #0225069046 Listed on: 01/03/2014

RE/MAX Commonwealth

Last Buyer's Agent

David Riley

RE/MAX Commonwealth License #0225069046 Listed on: 01/03/2014

RE/MAX Commonwealth

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • Zoning described as R-63 Multi Family Urban Res.

Schools

  • Henry L. Marsh Iii Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Electricity Not Available
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number E0000327001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.27
  • Ownership: REO
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: 20

Interior Features

  • Basement YN: No

Utilities

  • Electric: None
  • Sewer: Not Connected (at lot), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Electricity On Property: No

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E0000327001
  • Zoning Description: R-63 Multi Family Urban Res.
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 900.0
  • Tax Block: 0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Henry L. Marsh III
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2016
Sold by
Carrington Street Llc A Virginia Limited
Bought by
Sterling Bilders Llc A Virginia Limited
Total Days on Market
20
Current Estimated Value
$268,960

Purchase Details

Listed on
Jan 3, 2014
Closed on
Feb 2, 2014
Sold by
Village Bank
Bought by
Bilder And Terranova Deve Llc
Seller's Agent
David Riley
RE/MAX Commonwealth
Buyer's Agent
David Riley
RE/MAX Commonwealth
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Closed on
May 1, 2012
Sold by
Yergin James A
Bought by
Village Bank

Purchase Details

Closed on
Sep 25, 2008
Sold by
Carrington Street Llc
Bought by
Three Strands Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 23, 2008
Sold by
Isaac Lewis C
Bought by
Carrington Street L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 1996
Sold by
Bowers Larry and Paul S Bliley Jr Trustee
Bought by
Secretary Of Hud
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 Buyer Sale Price Title Company
Sterling Bilders Llc A Virginia Limited $50,000 Attorney
Bilder And Terranova Deve Llc $25,000 --
Village Bank $40,800 --
Three Strands Management Llc $80,000 --
Carrington Street L L C $60,000 --
Secretary Of Hud $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Three Strands Management Llc $68,000
Previous Owner Carrington Street L L C $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Sold $25,000 -28.6% --
01/23/2014 01/23/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $35,000 -- --
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 $900 $75,000 $75,000 $0
2024 $900 $75,000 $75,000 $0
2023 $900 $75,000 $75,000 $0
2022 $900 $75,000 $75,000 $0
2021 $900 $75,000 $75,000 $0
2020 $900 $75,000 $75,000 $0
2019 $1,415 $75,000 $75,000 $0
2018 $900 $75,000 $75,000 $0
2017 $900 $75,000 $75,000 $0
2016 $900 $75,000 $75,000 $0
2015 $900 $75,000 $75,000 $0
2014 $900 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1400169

Central Virginia Regional MLS

APN: E000-0327-001