NOT LISTED FOR SALE

217 Locust Dr Louisa, VA 23093

Estimated Value: $171,000 - $243,000

2 Beds
1 Bath
998 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2025

Last sale price $150,000 $150 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,289 / mo

24 Days on Market

Highlights

  • Lake Front
  • Water Access
  • A-Frame Home
  • Beach
  • Gated Community
  • Community Lake

About This Home

As of January 2025

Calling all investors & rehabbers looking to add a water access community to your rental portfolio! This charming 2-bedroom, 1-bathroom A-frame home, designed to resemble a cozy Swiss chalet, is nestled in the gated Lake Louisa community of Blue Ridge Shores! While this home needs some work, it has great bones & endless potential for the right person to bring it back to life. The bright & airy living space is filled with natural light thanks to large windows, while the second-story loft bedroom overlooks the living room, adding to its open & inviting charm. Recent updates include a new roof installed just two years ago & a new water heater added last year, giving you a solid foundation to build upon. Additional features include a basement-level garage & an unfinished half-basement at the rear, providing ample storage or room for future expansion. This charmer is being sold as an investment property with tenants in place until May 2025, with the option to extend the current lease. Property is being strictly sold as-is, where-is.

Last Agent to Sell the Property

Annie Nissen

ERA Woody Hogg & Assoc License #0225248548 Listed on: 12/14/2024

Last Buyer's Agent

Annie Nissen

ERA Woody Hogg & Assoc License #0225248548 Listed on: 12/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1975

Lot Details

  • 9,335 Sq Ft Lot
  • Lake Front
  • Zoning described as R2

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 998 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Stove
  • Dishwasher

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Direct Access Garage
  • Basement Garage
  • Driveway
  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Front Porch

Schools

  • Trevilians Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 541
  • Assessor Parcel Number 13A5-5-541

Community Details

Overview

  • Blue Ridge Shores Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area

Recreation

  • Beach

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$865

Year Built

Built in 1975

Lot Details

9,335 Sq Ft Lot

HOA Fees

$119 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Property Attached Yn: No
  • Lot Size Acres: 0.2143
  • Water Body Name: Lake Louisa
  • Ownership: Individuals
  • Subdivision Name: Blue Ridge Shores
  • Architectural Style: A-Frame
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 350.0
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum
  • Basement: Partial, Unfinished
  • Appliances: Dishwasher, Electric Water Heater, Oven, Stove
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Cathedral Ceiling(s), Fireplace
  • Living Area: 998.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Water Access
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Frame, Wood Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Basement, Direct Access, Driveway, On Street, Unpaved

Utilities

  • Heating: Wood, Wood Stove
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Gated Community, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Common Grounds/Area, Gated, Lake, Pond
  • Association Fee: 1430.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Road Maintenance, Snow Removal, Security, Trash, Water Access

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 13A5-5-541
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 864.58
  • Tax Lot: 541

MLS Schools

  • Elementary School: Trevilians
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Jan 16, 2025
Sold by
Kutska Pamela J and Kutska Bruce A
Bought by
Stegmaier Timothy M
Seller's Agent
Annie Nissen
ERA Woody Hogg & Assoc
Buyer's Agent
Annie Nissen
ERA Woody Hogg & Assoc
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
213
Current Estimated Value
$205,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,661
Avg. Annual Appreciation
28.98%
Original Mortgage
$150,000
Outstanding Balance
$148,776
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$56,885
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Stegmaier Timothy M $150,000 Old Republic National Title
Stegmaier Timothy M $150,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stegmaier Timothy M $150,000
Closed Stegmaier Timothy M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold $150,000 -14.3% $150 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/14/2024 12/14/24 For Sale $175,000 -- $175 / Sq Ft
Source: Central Virginia Regional MLS

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 $945 $138,200 $13,900 $124,300
2024 $945 $131,200 $13,900 $117,300
2023 $865 $126,400 $12,000 $114,400
2022 $897 $124,600 $12,000 $112,600
2021 $558 $100,500 $12,000 $88,500
2020 $690 $95,800 $12,000 $83,800
2019 $665 $92,400 $12,000 $80,400
2018 $624 $86,600 $12,000 $74,600
2017 $577 $81,800 $12,000 $69,800
2016 $577 $80,200 $12,000 $68,200
2015 $535 $74,300 $12,000 $62,300
2013 -- $87,500 $12,000 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2431693

Central Virginia Regional MLS

APN: 13A5-5-541

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