$262,000
SOLD OCT 21, 2022

2080 Red Lane Rd Powhatan, VA 23139

2 Beds
1.5 Baths
954 Sq Ft
1.12 Acres

Recently Sold

$275 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • Deck
  • Cottage
  • Workshop
  • Cathedral Ceiling
  • Breakfast Area or Nook
  • Circular Driveway

About This Home

As of October 2022

This charming brick bungalow, located on over an acre of park-like land, features one level, low maintenance living with vinyl windows and laminate flooring. The two bedrooms and bath are complimented by an expansive custom kitchen featuring a vaulted ceiling, solid wood cabinets and concrete flooring as well as a spacious living area. The large deck is perfect for grilling and dining outside. There is a dry unfinished basement for storage. The gem of this bungalow is the detached brick studio, compete with a sealed stone fireplace. The studio would be perfect for your home office, crafting, workshop, exercise room - bring your imagination. This space is not included in the square footage, but it has electricity and is ready for use.

Last Agent to Sell the Property

Anna Catherine Lake

Shaheen Ruth Martin & Fonville License #0225244048 Listed on: 08/04/2022

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Renee Cole

Long & Foster REALTORS License #0225252222

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1940

Lot Details

  • 1.12 Acre Lot
  • Cleared Lot
  • Zoning described as R-U

Home Design

  • Cottage
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Insulated Doors
  • Dining Area
  • Workshop
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Partial Basement
  • Dirt Floor

Parking

  • Circular Driveway
  • Unpaved Parking
  • Off-Street Parking

Accessible Home Design

  • Grab Bars
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Pocahontas Elementary School
  • Powhatan Middle School
  • Powhatan High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Red Lane Subdivision

Listing and Financial Details

  • Tax Lot A6
  • Assessor Parcel Number 040A-2A-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 1.12
  • Ownership: Individuals
  • Subdivision Name: Red Lane
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 293.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Concrete, Laminate
  • Basement: Dirt Floor, Partial, Unfinished
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator
  • Accessibility Features: Grab Bars, Accessible Approach with Ramp
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, High Ceilings, Laminate Counters, Workshop
  • Living Area: 954.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Deck, Lighting, Unpaved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, Off Street, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 040A-2A-6
  • Zoning Description: R-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1206.0
  • Tax Lot: A6

MLS Schools

  • Elementary School: Pocahontas
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 21, 2022
Sold by
Thames Christopher L and Thames Jamie L
Bought by
Horner Marion R and Johansen Erica
Seller's Agent
Anna Catherine Lake
Shaheen Ruth Martin & Fonville
Buyer's Agent
Renee Cole
Long & Foster REALTORS
List Price
$274,500
Sold Price
$262,000
Premium/Discount to List
-$12,500
-4.55%
Views
88
Current Estimated Value
$300,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,178
Avg. Annual Appreciation
3.48%
Original Mortgage
$127,000
Outstanding Balance
$123,534
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$166,193

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 19, 2021
Sold by
Frisone Frank P and Frisone Joanne K
Bought by
Thames Donald G
Seller's Agent
Stephanie Sellers
reFine Properties
Buyer's Agent
Jonathan Park
EXP Realty LLC
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%
Original Mortgage
$176,000
Interest Rate
2.67%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 2, 2015
Closed on
Aug 17, 2015
Seller's Agent
Tammy Clarke
Long & Foster REALTORS
Buyer's Agent
Myra Reams
Long & Foster REALTORS
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $262,000 --
Grant Deed $200,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,000 Construction
Previous Owner $176,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $262,000 -2.8% $275 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $269,500 -1.8% $282 / Sq Ft
08/04/2022 08/04/22 For Sale $274,500 +37.3% $288 / Sq Ft
01/27/2021 01/27/21 Sold $200,000 +5.3% $210 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $189,900 +40.7% $199 / Sq Ft
08/14/2015 08/14/15 Sold $135,000 -9.4% $133 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $149,000 -- $147 / 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 $1,751 $233,500 $85,600 $147,900
2024 $1,492 $216,200 $79,300 $136,900
2023 $1,420 $165,100 $66,800 $98,300
2022 $1,271 $165,100 $66,800 $98,300
2021 $1,298 $152,700 $61,800 $90,900
2020 $1,298 $132,000 $55,800 $76,200
2019 $1,162 $132,000 $55,800 $76,200
2018 $1,135 $132,000 $55,800 $76,200
2017 $1,130 $128,900 $55,800 $73,100
2016 $1,160 $128,900 $55,800 $73,100
2014 $1,130 $125,500 $53,800 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2222169

Central Virginia Regional MLS

APN: 040A-2A-6