NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,022,979

4 Beds
4.5 Baths
4,863 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $650,000 $134 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,184/month

3 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Deck
  • Bettie Weaver Elementary School Rated A-
  • Community Lake
  • Contemporary Architecture

About This Home

As of April 2020

Extremely Rare Opportunity to own one of the most desired Waterfront Lots on Lake Salisbury! Home sits on a peninsula-shaped 1.44 +/- acre lot with around 400 +/- feet of water frontage. The contemporary styled 3-level home with a walk-out finished basement, a main level with living areas and master bedroom, and an upper lever with three bedrooms and 2 full baths. It encompasses approximately 4,863 SF of finished space. Finished Basement includes Great Room, Rec Room, Bar, Workshops, Full Bath and more. Main Level consists of Family Room, Living Room, First Floor Master, Library/Study, Dining Room, Kitchen and Morning Room. The house has many porches, decks and outside areas with breathtaking views of the Lake. The large lot offers plenty of room to add on to the house or to add an additional detached garage structure in front of house if needed. One of the best lots in Midlothian!!

Last Agent to Sell the Property

Vince Radford

Radford & Co Real Estate Inc License #0225066386 Listed on: 02/03/2020

Last Buyer's Agent

Becky McNeer

Shaheen Ruth Martin & Fonville License #0225189418

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,969

Year Built

  • Built in 1980

Lot Details

  • 1.54 Acre Lot
  • Lake Front
  • Wooded Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,863 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Fireplace Features Masonry
  • Sliding Doors
  • Separate Formal Living Room
  • Dining Area
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Rear Porch

Schools

  • Bettie Weaver Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Salisbury Subdivision
  • Community Lake
  • Pond in Community

Listing and Financial Details

  • Tax Lot 1.44
  • Assessor Parcel Number 729-71-37-01-400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,969

Year Built

Built in 1980

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1980
  • Property Attached Yn: No
  • Lot Size Acres: 1.54
  • Ownership: Individuals
  • Subdivision Name: Salisbury
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1355.0
  • Door Features: Sliding Doors
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Main Level Primary, Recessed Lighting, Skylights, Tile Countertop, Tile Counters, Walk-In Closet(s), Workshop
  • Living Area: 4863.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Lot Features: Wooded, Waterfront
  • Pool Features: None
  • Waterfront Features: Lake, Lake Front, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Balcony, Rear Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Basement, Direct Access, Garage, Oversized, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Lake, Pond
  • Association Fee: 110.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 729-71-37-01-400-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7969.0
  • Tax Lot: 1.44

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 17, 2020
Sold by
Riverton Associates Llc
Bought by
Tannery Joseph J and Tannery Melissa R
Seller's Agent
Vince Radford
Radford & Co Real Estate Inc
Buyer's Agent
Becky McNeer
Shaheen Ruth Martin & Fonville
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$995,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,995
Avg. Annual Appreciation
8.52%
Original Mortgage
$520,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Sowers Jacqueline R
Bought by
Riverton Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.91%
Mortgage Type
Commercial
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
Tannery Joseph J $650,000 Attorney
Riverton Associates Llc $370,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tannery Melissa R $630,500
Closed Tannery Joseph J $110,000
Closed Tannery Joseph J $520,000
Previous Owner Riverton Associates Llc $460,000
Previous Owner Sowers George B $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $650,000 -13.3% $134 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $750,000 -- $154 / Sq Ft
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 $7,515 $841,600 $290,000 $551,600
2024 $7,515 $814,300 $277,000 $537,300
2023 $6,891 $757,200 $262,000 $495,200
2022 $6,832 $742,600 $259,000 $483,600
2021 $6,682 $700,700 $257,000 $443,700
2020 $7,994 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2003477

Central Virginia Regional MLS

APN: 729-71-37-52-000-000