NOT LISTED FOR SALE

Estimated Value: $709,000 - $830,263

4.69 Acres
$165,366 Price per Acre
204,296 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $280,000

Est. 177% increase in value since last sale

Current estimated payment $4,829/month

50 Days on Market

About This Lot

As of April 2021

Amazing deep water access homesite on scenic Cedar Creek. Bring your boat and build your dream home on the last available waterfront homesite in desirable Summer Creek Estates. Surrounded by mature trees on 3 sides you'll create your own private enclave on this one-of-a-kind property. Navigable water which takes you directly to the Nansemond River is right at the back of your property saving you money on boat dock installation. Community features beautiful, recently built custom homes on large acreage sites. Enjoy the peaceful tranquility of living in the country while also being just a short drive from shopping, entertainment and the cities of Chesapeake, Norfolk & Hampton. We encourage you to see this beautiful property before it's gone.

Last Agent to Sell the Property

Charles Cornwell

First Presidential Properties License #0225074941 Listed on: 02/22/2021

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,433

Year Built

  • 2022

Lot Details

  • 4.69 Acre Lot
  • Waterfront

Schools

  • Oakland Elementary School
  • Kings Fork Middle School
  • Kings Fork High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 254000939

Property Details

Property Type

Land

Est. Annual Taxes

$2,433

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.69
  • Road Surface Type: Paved
  • Ownership: Corporate
  • Subdivision Name: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: Yes
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Phone Not Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Schools

  • Middle Or Junior School: Kings Fork

Lot Info

  • Parcel Number: 254000939
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2433.0
  • Tax Lot: 28

MLS Schools

  • Elementary School: Oakland
  • High School: Kings Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2022
Sold by
Paxton Living Trust
Bought by
Paxton Jeffrey Allen and Paxton Kelsey Elizabeth
Total Days on Market
50
Current Estimated Value
$775,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2021
Sold by
Paxton Jeffrey Allen and Paxton Kelsey Elizabeth
Bought by
Paxton Jeffrey Allen and Paxton Kelsey Elizabeth

Purchase Details

Closed on
Oct 26, 2021
Sold by
Paxton Jeffrey A
Bought by
Paxton Jeffrey Allen and Paxton Kelsey Elizabeth

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 22, 2021
Sold by
3181 Adam Keeling Llc
Bought by
Paxton Jeffrey A
Seller's Agent
Charles Cornwell
First Presidential Properties
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$298,900
Sold Price
$280,000
Premium/Discount to List
-$18,900
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.46%
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
Paxton Jeffrey Allen -- Carrell Blanton Ferris & Assoc
Paxton Jeffrey Allen -- None Available
Paxton Jeffrey Allen $100,000 Attorney
Paxton Jeffrey A $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paxton Jeffrey Allen $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $280,000 -6.3% --
02/22/2021 02/22/21 For Sale $298,900 -- --
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
2024 $8,566 $763,800 $163,400 $600,400
2023 $8,566 $738,600 $163,400 $575,200
2022 $5,593 $513,100 $163,400 $349,700
2021 $1,814 $163,400 $163,400 $0
2020 $1,814 $163,400 $163,400 $0
2019 $1,814 $163,400 $163,400 $0
2018 $2,389 $219,200 $219,200 $0
2017 $2,345 $219,200 $219,200 $0
2016 $2,345 $219,200 $219,200 $0
2015 $1,063 $219,200 $219,200 $0
2014 $1,063 $219,200 $219,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2108432

Central Virginia Regional MLS

APN: 254000939