NOT LISTED FOR SALE

Estimated Value: $53,000 - $228,000

0.13 Acre
$943,389 Price per Acre
5,719 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $56,500 $31 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $728/month

1 Day on Market

About This Lot

As of March 2024

This lot is perfect for anyone interested in having a new home built to live in, sell, or have as an investment property. A new home in the area sold this year for $375,000, so there is great potential in the area depending on the home features and design. This lot is about a 10-minute drive to Downtown Richmond and a little shorter commute time if visiting the beautiful parks at Brown’s Island and Belle Isle. Shopping, restaurants, and entertainment are in close proximity, making it easy for you to enjoy some of the great activities and highlights of Downtown Richmond and Shockoe Bottom. The owner is selling other lots in the area (1430 Decatur ST, 2300 Ingram AVE, and 3107 Columbia ST), which is ideal for anyone interested in acquiring more lots for new construction. The lots can be purchased individually or as a package.

Last Agent to Sell the Property

Scott McClaine

Lifelong Realty Inc License #0225062636 Listed on: 02/25/2024

Last Buyer's Agent

Melvin Jones

Hometown Realty License #0225223964

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $432

Lot Details

  • 5,719 Sq Ft Lot
  • Zoning described as R-5

Schools

  • Blackwell Elementary School
  • Boushall Middle School
  • Armstrong High School

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Mason Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number S000-0642-007

Property Details

Property Type

Land

Est. Annual Taxes

$432

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.1313
  • Ownership: Individuals
  • Subdivision Name: Mason
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: None
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S000-0642-007
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 432.0
  • Tax Lot: 87

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Mar 7, 2024
Sold by
Wilson Juan and Wilson Juan
Bought by
Prizm Llc
Seller's Agent
Scott McClaine
Lifelong Realty Inc
Buyer's Agent
Melvin Jones
Hometown Realty
List Price
$60,000
Sold Price
$56,500
Premium/Discount to List
-$3,500
-5.83%
Views
18
Current Estimated Value
$123,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,367
Avg. Annual Appreciation
73.14%
Original Mortgage
$260,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 3, 2020
Sold by
Morton Nathaniel
Bought by
Wilson Juan
Seller's Agent
Natalie Smith
Dalton Realty
Buyer's Agent
Scott McClaine
Lifelong Realty Inc
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.22%
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
Prizm Llc $141,500 Old Republic National Title In
Wilson Juan $30,000 West Hundred Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prizm Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $56,500 -5.8% $31 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $60,000 +100.0% $33 / Sq Ft
12/14/2020 12/14/20 Sold $30,000 -25.0% $16 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $40,000 -- $22 / 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 $660 $55,000 $55,000 $0
2024 $540 $45,000 $45,000 $0
2023 $432 $36,000 $36,000 $0
2022 $432 $36,000 $36,000 $0
2021 $600 $71,000 $20,000 $51,000
2020 $600 $50,000 $20,000 $30,000
2019 $578 $44,000 $10,000 $34,000
2018 $480 $40,000 $10,000 $30,000
2017 $468 $39,000 $10,000 $29,000
2016 $468 $39,000 $10,000 $29,000
2015 $730 $39,000 $10,000 $29,000
2014 $730 $39,000 $10,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2404618

Central Virginia Regional MLS

APN: S000-0642-007