NOT LISTED FOR SALE

Estimated Value: $557,000 - $632,000

1.03 Acres
$586,491 Price per Acre
44,780 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $80,000

Est. 654% increase in value since last sale

Current estimated payment $3,498/month

48 Days on Market

Highlights

  • 1.03 Acre Lot
  • Magruder Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of March 2022

Vacant Single Family Lot located in the Springfield Terrace Subdivision in a cul-de-sac, ready for you to build your future home, close to Colonial Williamsburg/Jamestown and the Williamsburg Premium Outlets and easy access to Colonial Parkway, military bases and I-64 for commuting

Last Agent to Sell the Property

Angela Coates

CTI Real Estate License #0225051244 Listed on: 10/11/2021

CTI Real Estate

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $638

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Zoning described as R13

Schools

  • Magruder Elementary School
  • Queens Lake Middle School
  • Bruton High School

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • Springfield Terrace Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number G14A-1396-3500

Property Details

Property Type

Land

Est. Annual Taxes

$638

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 1.028
  • Lot Size: 44780
  • Road Surface Type: Paved
  • Ownership: Estate
  • Subdivision Name: Springfield Terrace
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Other Structures: None

Utilities

  • Electric: Unknown
  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Not Available

Schools

  • Middle Or Junior School: Queens Lake

Lot Info

  • Parcel Number: G14A-1396-3500
  • Zoning Description: R13
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 638.39
  • Tax Lot: 19

MLS Schools

  • Elementary School: Magruder
  • High School: Bruton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Mar 18, 2022
Sold by
Gabriella W Clark Trust
Bought by
Smith Wardell Jamal and Smith Shonte
Seller's Agent
Angela Coates
CTI Real Estate
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$602,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,913
Avg. Annual Appreciation
69.91%
Original Mortgage
$534,905
Interest Rate
3.39%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Wardell Jamal $80,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Wardell Jamal $534,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $80,000 -11.0% --
11/28/2021 11/28/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $89,900 -- --
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
2025 $4,143 $559,800 $81,700 $478,100
2024 $4,143 $559,800 $81,700 $478,100
2023 $3,719 $483,000 $73,000 $410,000
2022 $569 $73,000 $73,000 $0
2021 $638 $80,300 $80,300 $0
2020 $638 $80,300 $80,300 $0
2019 $832 $73,000 $73,000 $0
2018 $832 $73,000 $73,000 $0
2017 $549 $73,000 $73,000 $0
2016 $549 $73,000 $73,000 $0
2015 -- $73,000 $73,000 $0
2014 -- $73,000 $73,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2131902

Central Virginia Regional MLS

APN: G14A-1396-3500