NOT LISTED FOR SALE

1980 Old Tavern Rd Powhatan, VA 23139

Estimated Value: $107,000 - $1,164,964

11 Acres
$59,904 Price per Acre
462,956 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $82,500

Est. 672% increase in value since last sale

Current estimated payment $4,055/month

55 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Partially Fenced Property
  • Powhatan Elementary School Rated A-
  • 10.63 Acre Lot

About This Lot

As of June 2020

10.628 Acre multi-use water front land.
NOTE: This property is subject to an Accelerated Sale with Motleys Real Estate. The listed price is NOT the selling price. The price shown in this listing is the minimum opening offer. The actual sales price will be determined on May 5, 2020, the date of the Accelerated Sale. The seller reserves the right to accept an offer prior to May 5th and PRIOR OFFERS ARE ENCOURAGED. There is a 10% Buyer's Premium added to the highest offer to determine the final contract price. The property is being sold "AS IS" with no contingencies."

Last Agent to Sell the Property

David Denson

Joyner Fine Properties License #0225105336 Listed on: 03/11/2020

Joyner Fine Properties

Last Buyer's Agent

Ernie Rogers

Motleys Real Estate License #0225242046

Motleys Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,033

Lot Details

  • 10.63 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Sloped Lot
  • Zoning described as A-1

Schools

  • Pocahontas Elementary And Middle School
  • Powhatan High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 036-4-14

Property Details

Property Type

Land

Est. Annual Taxes

$7,033

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 10.628
  • Water Body Name: Lake
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Farm, Recreational, Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None, Partial
  • Lot Features: Sloped, Undeveloped, Waterfront
  • Waterfront Features: Lake, Waterfront
  • Waterfront: Yes
  • Other Structures: None

Utilities

  • Sewer: None, Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Topography: Sloping
  • Parcel Number: 036-4-14
  • Horse Amenities: Horses Allowed
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 42.0
  • Tax Lot: 14

MLS Schools

  • Elementary School: Pocahontas
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 28, 2020
Sold by
Childress Clyde O
Bought by
Painter Edward S and Painter Ashley J
Seller's Agent
David Denson
Joyner Fine Properties
Buyer's Agent
Ernie Rogers
Motleys Real Estate
List Price
$48,750
Sold Price
$82,500
Premium/Discount to List
$33,750
69.23%
Current Estimated Value
$636,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,155
Avg. Annual Appreciation
15.74%
Original Mortgage
$66,000
Outstanding Balance
$59,121
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$117,342

Purchase Details

Closed on
Oct 25, 2004
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
Painter Edward S $82,500 --
-- $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Painter Edward S $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $82,500 +69.2% --
05/05/2020 05/05/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $48,750 -- --
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 $7,033 $937,700 $168,000 $769,700
2024 $997 $144,500 $144,500 $0
2023 $963 $132,000 $132,000 $0
2022 $1,016 $132,000 $132,000 $0
2021 $41 $127,000 $127,000 $0
2020 $41 $122,000 $122,000 $0
2019 $42 $122,000 $122,000 $0
2018 $43 $122,000 $122,000 $0
2017 $43 $122,000 $122,000 $0
2016 $43 $122,000 $122,000 $0
2014 $43 $122,000 $122,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Denson

    Joyner Fine Properties

    Section Image
  • Ernie Rogers

    Buyer's Agent in 2020

    Ernie Rogers

    Motleys Real Estate

    (804) 334-4558

    47 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2007898

Central Virginia Regional MLS

APN: 036-4-14

Virginia Powhatan County Powhatan 23139

1980 Old Tavern Rd, Powhatan, VA

This home is located at 1980 Old Tavern Rd, Powhatan, VA 23139 since 11 March 2020 and is currently estimated at $636,655. 1980 Old Tavern Rd is a home located in Powhatan County with nearby schools including Powhatan Elementary School, Pocahontas Middle School, and Powhatan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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