197 Locust Dr Louisa, VA 23093
Estimated Value: $310,075 - $340,000
4
Beds
2
Baths
1,342
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 197 Locust Dr, Louisa, VA 23093 and is currently estimated at $320,519, approximately $238 per square foot. 197 Locust Dr is a home located in Louisa County with nearby schools including Trevilians Elementary School, Louisa County Middle School, and Louisa County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 9, 2025
Sold by
Snowquarter 61 Revocable Real Estate Tru and Smith Archer Margaret
Bought by
Memm 53-61 Llc and Smith
Current Estimated Value
Purchase Details
Closed on
Jun 7, 2023
Sold by
Moon April R
Bought by
Ragle Bailey Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,025
Interest Rate
6.43%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 14, 2006
Sold by
Buswell Marilyn L
Bought by
Moon April R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 10, 2006
Sold by
Traditional Homes Of Albemarle Ltd
Bought by
Buswell Marilyn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,124
Interest Rate
6.28%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Memm 53-61 Llc | -- | None Listed On Document | |
| Memm 53-61 Llc | -- | None Listed On Document | |
| Ragle Bailey Michael | $285,000 | Lakeside Title | |
| Ragle Bailey Michael | $285,000 | Lakeside Title | |
| Moon April R | $179,900 | None Available | |
| Buswell Marilyn L | $201,600 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ragle Bailey Michael | $275,025 | |
| Previous Owner | Moon April R | $179,900 | |
| Previous Owner | Buswell Marilyn L | $103,124 |
Source: Public Records
Tax History Compared to Growth
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 | $2,021 | $311,800 | $13,900 | $297,900 |
| 2024 | $2,021 | $280,700 | $13,900 | $266,800 |
| 2023 | $1,758 | $257,000 | $12,000 | $245,000 |
| 2022 | $1,632 | $226,700 | $12,000 | $214,700 |
| 2021 | $870 | $178,400 | $12,000 | $166,400 |
| 2020 | $1,205 | $167,300 | $12,000 | $155,300 |
| 2019 | $1,152 | $160,000 | $12,000 | $148,000 |
| 2018 | $1,076 | $149,500 | $12,000 | $137,500 |
| 2017 | $976 | $140,200 | $12,000 | $128,200 |
| 2016 | $976 | $135,500 | $12,000 | $123,500 |
| 2015 | $890 | $123,600 | $12,000 | $111,600 |
| 2013 | -- | $133,000 | $12,000 | $121,000 |
Source: Public Records
Map
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