NOT LISTED FOR SALE

2318 Red Lane Rd Powhatan, VA 23139

Estimated Value: $413,000 - $441,000

3 Beds
2 Baths
1,480 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $369,900 $250 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,535/month

Highlights

  • 3.3 Acre Lot
  • 2 Car Direct Access Garage
  • Heat Pump System
  • Wood Flooring
  • Central Air
  • 1-Story Property

About This Home

As of April 2023

Renovated and updated ranch home in Powhatan Great Location! Beautiful porch to relax on on your huge property.
Open space living room right off of the beautiful kitchen.
This home has a peaceful setting yet is only a few minutes from Route 288. New hardwood floors, carpet, and fresh paint. All fixtures, doors, and hardware have been updated. The seller has Installed new vanity, tub showers, and backsplashes in the bathrooms and totally remodeled the kitchen as well, including new cabinets and countertops. The parcel is just over 3 acres.

Last Agent to Sell the Property

Vincent McFarley

Real Broker LLC License #0225227742 Listed on: 03/18/2023

Real Broker LLC

Last Buyer's Agent

Joan Small

ProFound Property Group LLC License #0225262989

ProFound Property Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 2010

Lot Details

  • 3.3 Acre Lot
  • Zoning described as A-1

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Flat Rock Elementary School
  • Powhatan Middle School
  • Powhatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 028-53A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Property Attached Yn: No
  • Lot Size Acres: 3.302
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1480.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved

Utilities

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

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 028-53A
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2097.0

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 19, 2023
Sold by
Marinelli Jeffrey and Marinelli Taylor R
Bought by
Staffieri Tracy and Rankin Neil F
Seller's Agent
Vincent McFarley
Real Broker LLC
Buyer's Agent
Joan Small
ProFound Property Group LLC
List Price
$360,000
Sold Price
$369,900
Premium/Discount to List
$9,900
2.75%
Views
15
Current Estimated Value
$432,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,603
Avg. Annual Appreciation
6.15%
Original Mortgage
$351,405
Outstanding Balance
$343,044
Interest Rate
6.34%
Mortgage Type
Construction
Estimated Equity
$85,056

Purchase Details

Closed on
Jan 21, 2022
Sold by
Nilsen William
Bought by
Marinelli Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 27, 2019
Sold by
Paul Michael
Bought by
Nilsen William
Seller's Agent
Jeff Waters
Village Concepts Realty Group
Buyer's Agent
Vincent McFarley
Real Broker LLC
List Price
$239,950
Sold Price
$255,000
Premium/Discount to List
$15,050
6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$257,575
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2018
Sold by
Michael Stephanie H
Bought by
Paul Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
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
Staffieri Tracy $369,900 --
Marinelli Jeffrey $285,000 --
Nilsen William $255,000 --
Paul Michael $225,000 --
-- $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staffieri Tracy $351,405
Previous Owner Marinelli Jeffrey $279,837
Previous Owner Nilsen William $257,575
Previous Owner Paul Michael $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $369,900 +2.8% $250 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $360,000 +41.2% $243 / Sq Ft
03/29/2019 03/29/19 Sold $255,000 +6.3% $172 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $239,950 -- $162 / 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 $2,902 $386,900 $113,100 $273,800
2024 $2,472 $358,200 $104,700 $253,500
2023 $1,283 $272,400 $91,700 $180,700
2022 $2,097 $272,400 $91,700 $180,700
2021 $2,117 $249,100 $86,700 $162,400
2020 $2,117 $221,600 $80,700 $140,900
2019 $1,950 $221,600 $80,700 $140,900
2018 $1,892 $221,600 $80,700 $140,900
2017 $1,843 $219,200 $75,700 $143,500
2016 $1,843 $219,200 $75,700 $143,500
2014 $1,843 $204,800 $64,100 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2306149

Central Virginia Regional MLS

APN: 028-53A