NOT LISTED FOR SALE

Estimated Value: $1,548,000 - $2,316,000

0.49 Acre
$3,972,482 Price per Acre
21,344 Sq Ft Lot

Last Sold June 04, 2018

Last sale price $316,500

Est. 515% increase in value since last sale

Current estimated payment $11,730/month

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Berkeley Middle School Rated A-
  • RV or Boat Storage in Community
  • Clubhouse

About This Lot

As of June 2018

One of the best remaining lots in sought after Spencer's Grant! Just a block from the James River, it's the perfect spot to build your dream home. Wooded, private lot in one of the newest sections of Kingsmill. Enjoy all of the amenities Kingsmill has to offer including pools, miles of trails, parks, tennis, basketball and so much more!

Last Agent to Sell the Property

Eli Hunt

Liz Moore & Associates License #0225066987 Listed on: 02/01/2018

Liz Moore & Associates

Last Buyer's Agent

Lauren Duguay Jordan

Shaheen, Ruth, Martin & Fonville Real Estate License #0225202039

Shaheen, Ruth, Martin & Fonville Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,646

Lot Details

  • 0.49

HOA Fees

  • $212 Monthly HOA Fees

Schools

  • James River Elementary School
  • Berkeley Middle School
  • Jamestown High School

Additional Features

  • 0.49 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5131000024

Community Details

Overview

  • Association fees include management fees, pool, security, trash removal
  • Association Phone (757) 645-3454
  • Property managed by KCSA

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Electricity Available at Street

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,646

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Restrictions: Assoc Restrictions
  • Zoning: R4
  • Property Type: Lots/Land
  • Property Sub Type: Residential Land
  • County Or City: James City Co.
  • Land Use Asmt: Unknown
  • Lot: 24
  • Neighborhood Name: Spencers Grant
  • Other Environ: Unknown
  • Parcel Number: 5131000024
  • Telecommunication: Cable
  • Acres: 0.4900
  • Development Fee Description: %
  • Special Features: None

Interior Features

  • Post Office: Williamsburg

Utilities

  • Electric: At Street
  • Natural Gas: At Street
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Beach, Clubhouse, Gated Community, Golf Course, Marina, Pool, RV/Boat Storage, Tennis Court
  • Development Fee Amount: 3.00
  • Fee: 212.00
  • Fee Description: Owners Association
  • Fee Includes: Management Fees, Pool, Security, Trash Removal
  • Fee Period: Monthly

Schools

  • Elementary School: James River
  • Middle School: Berkeley
  • High School: Jamestown
  • Elementary School: James River
  • High School: Jamestown
  • Middle School: Berkeley

Multi Family

  • Management Firm: KCSA
  • Management Phone: 757-645-3454

Tax Info

  • Annual Taxes: 2646.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 25, 2018
Sold by
Busch Properties Inc A Delaware Corporat
Bought by
Gledhill Benjamin D and Rahbar Laila
Seller's Agent
Eli Hunt
Liz Moore & Associates
Buyer's Agent
Lauren Duguay Jordan
Shaheen, Ruth, Martin & Fonville Real Estate
List Price
$340,000
Sold Price
$316,500
Premium/Discount to List
-$23,500
-6.91%
Current Estimated Value
$1,946,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,630,016
Avg. Annual Appreciation
28.69%
Original Mortgage
$316,500
Interest Rate
4.4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Gledhill Benjamin D $316,500 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahbar Laila $1,783,000
Closed Rahbar Laila $1,750,000
Closed Gledhill Benjamin D $316,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $316,500 -6.9% --
03/05/2018 03/05/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $340,000 -- --
Source: Williamsburg Multiple Listing Service

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 $13,758 $1,763,900 $292,500 $1,471,400
2023 $13,758 $1,537,200 $292,500 $1,244,700
2022 $12,759 $1,537,200 $292,500 $1,244,700
2021 $11,535 $1,373,200 $292,500 $1,080,700
2020 $11,535 $1,373,200 $292,500 $1,080,700
2019 $7,493 $410,900 $292,500 $118,400
2018 $1,229 $292,500 $292,500 $0
2017 $2,646 $315,000 $315,000 $0
2016 $2,646 $315,000 $315,000 $0
2015 $1,323 $315,000 $315,000 $0
2014 $2,426 $315,000 $315,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1803617

Williamsburg Multiple Listing Service

APN: 51-3-10-0-0024