NOT LISTED FOR SALE

Estimated Value: $246,000 - $264,000

3 Beds
2 Baths
1,000 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $56,000 $56 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $1,476/month

15 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 1-Story Property

About This Home

As of November 2015

This one level home in Morrison Farms packs quite a punch at this price! The exterior features include a large flat quarter acre lot, detached storage shed, and a convenient covered front porch. The interior is where this house truly shines. The interior features a large open great room with cathedral ceiling, that is awash in lots of natural light. The adjacent eat-in kitchen has a great flow. The resident cook in this house will not miss any of the living room action, given the open floor plan. Very nice! Great for entertaining! There are also three bedrooms and two full bathrooms, including a master bedroom with en suite bath. Both baths have been nicely updated in recent years and will appeal to potential homeowners looking for nice neutral colors and fixtures. The home will need some work to be brought back to tip top shape, but at this price, it will be well worth that extra investment. This home will make someone very happy! Let it be you!

Last Agent to Sell the Property

Charlotte Ward

Ward Properties License #0225055649 Listed on: 08/25/2015

Last Buyer's Agent

Ruby Debnam

Lee Conner Realty & Assoc. LLC License #0225177713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1984

Lot Details

  • 0.27 Acre Lot
  • Zoning described as R-2A

Home Design

  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Morrison Farms Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 9
  • Assessor Parcel Number 817-724-5771

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Property Attached Yn: No
  • Lot Size Acres: 0.271
  • Ownership: REO
  • Subdivision Name: Morrison Farms
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Primary
  • Living Area: 1000.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Frame, Hardboard
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 817-724-5771
  • Zoning Description: R-2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 840.42
  • Tax Lot: 9

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Oct 22, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Hunter Donald Matthew and Merriman Chelsea
Seller's Agent
Charlotte Ward
Ward Properties
Buyer's Agent
Ruby Debnam
Lee Conner Realty & Assoc. LLC
List Price
$55,000
Sold Price
$56,000
Premium/Discount to List
$1,000
1.82%
Current Estimated Value
$254,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,494
Avg. Annual Appreciation
16.29%
Original Mortgage
$48,500
Outstanding Balance
$38,159
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$216,335

Purchase Details

Closed on
Mar 24, 2015
Sold by
Selene Finance Lp
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 30, 2008
Sold by
Story Cornelius D
Bought by
Wilson Phyllis T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,754
Interest Rate
6.2%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Hunter Donald Matthew $56,000 Sage Title Group Llc
Secretary Of Hud $73,950 --
Selene Finance Lp $73,950 --
Wilson Phyllis T $146,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Donald Matthew $48,500
Previous Owner Wilson Phyllis T $145,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $56,000 +1.8% $56 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $55,000 -- $55 / 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 $1,621 $179,200 $42,500 $136,700
2024 $1,621 $168,700 $42,500 $126,200
2023 $1,434 $168,700 $42,500 $126,200
2022 $1,354 $159,300 $42,500 $116,800
2021 $1,240 $130,400 $38,000 $92,400
2020 $1,134 $130,400 $38,000 $92,400
2019 $1,098 $126,200 $38,000 $88,200
2018 $980 $112,600 $32,000 $80,600
2017 $860 $98,800 $30,000 $68,800
2016 $840 $96,600 $30,000 $66,600
2015 $840 $96,600 $30,000 $66,600
2014 $840 $96,600 $30,000 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1524086

Central Virginia Regional MLS

APN: 817-724-5771