NOT LISTED FOR SALE

Estimated Value: $735,000 - $911,000

4 Beds
4 Baths
3,556 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $450,000 $127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,084/month

7 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Two Primary Bedrooms
  • Bettie Weaver Elementary School Rated A-
  • Beach Access
  • Custom Home

About This Home

As of January 2020

Awesome opportunity awaits the buyer/investor who wants to remodel this brick Charmer with both the master and a guest bedrooms on the first level. This homes is lakefront on Lake Salisbury (MANDATORY Lake Association Membership) and it boasts lovely views from the family room, kitchen, and delightful screened porch! An additional 2,073 unfinished square feet will appeal to the family or savvy investor who wants the ability to add a tremendous amount of additional living space for their personal needs and/or ROI (return on investment)! Well maintained HVAC systems, roof, and driveway. Gutter helmet system, irrigation and security systems, wonderful rear deck and porch, April Air Filter system, electric hot water heater, and a 1-Year HMS Warranty too!

Last Listed By

Craig Via

Craig Via Realty & Relocation License #0225034426 Listed on: 10/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1985

Lot Details

  • 1.18 Acre Lot
  • Lake Front
  • Sprinkler System
  • Zoning described as R-15

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,556 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Fireplace Features Masonry
  • Sliding Doors
  • Separate Formal Living Room
  • Workshop
  • Water Views
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Low Threshold Shower
  • Grab Bars
  • Accessible Bedroom
  • Accessible Kitchen

Outdoor Features

  • Beach Access
  • Water Access
  • Front Porch

Schools

  • Bettie Weaver Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 728-714-37-79-00000

Community Details

Overview

  • Salisbury Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,399

Year Built

Built in 1985

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 1.18
  • Water Body Name: Lake Salisbury
  • Ownership: Estate
  • Subdivision Name: Salisbury
  • Architectural Style: Custom, Ranch
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 718.0
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Partially Finished
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Stove
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Grab Bars, Accessible Kitchen, Low Threshold Shower
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1419.0
  • Door Features: Sliding Doors
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary, Multiple Primary Suites, Pantry, Walk-In Closet(s), Workshop
  • Living Area: 3556.0
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Lake, Lake Front, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Brick Veneer, Drywall, Frame
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Dock, Home Owners Association, Playground
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Recreation Facilities, Water Access

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 728-714-37-79-00000
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5398.85

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2019
Closed on
Dec 18, 2019
Sold by
Carter Crystal and Melton Cynthia
Bought by
Lipscomb Jason and Lipscomb Melissa
Seller's Agent
Craig Via
Craig Via Realty & Relocation
Buyer's Agent
Stephanie Kuper
Biophilia Biophilic Design & Real Estate
List Price
$399,900
Sold Price
$450,000
Premium/Discount to List
$50,100
12.53%
Total Days on Market
7
Current Estimated Value
$843,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,572
Avg. Annual Appreciation
11.48%
Original Mortgage
$410,589
Outstanding Balance
$368,156
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$433,257

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
Lipscomb Jason $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Jason $410,589
Previous Owner Muller Elaine D $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $450,000 +12.5% $127 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $399,900 -- $112 / 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
2024 $6,978 $772,500 $236,300 $536,200
2023 $6,305 $692,900 $223,600 $469,300
2022 $5,994 $651,500 $221,000 $430,500
2021 $5,901 $614,200 $219,300 $394,900
2020 $5,625 $592,100 $219,300 $372,800
2019 $5,399 $568,300 $218,500 $349,800
2018 $5,376 $567,400 $217,600 $349,800
2017 $5,312 $548,100 $216,800 $331,300
2016 $5,173 $538,900 $216,800 $322,100
2015 $5,147 $533,500 $216,800 $316,700
2014 $4,979 $516,000 $216,800 $299,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1935230

Central Virginia Regional MLS

APN: 728-71-43-77-900-000