NOT LISTED FOR SALE

2501 Lake Forest Ln Bumpass, VA 23024

Margo Neighborhood

Estimated Value: $138,000 - $461,000

2.11 Acres
$159,400 Price per Acre
91,912 Sq Ft Lot

Last Sold November 13, 2015

Last sale price $99,500 $49 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,900/month

1,622 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Boat or Launch Ramp
  • No HOA
  • 1 Boat Dock
  • 2.11 Acre Lot
  • 6 Powered Boats Permitted

About This Lot

As of November 2015

Property would be perfect to Park your RV and enjoy the lake, huge gravel parking area off of the existing driveway close to the water and boat ramp. Nice 2.11 acre waterfront lot with 200 feet of water frontage on Lake Anna. Boat Ramp & walkway are already in place perfect for expansion into a boat house. View can be seen out the cove from the current house site location marked on the property.

Last Agent to Sell the Property

Greg Isaac

Berkshire Hathaway HomeServices PenFed Realty License #0225071627 Listed on: 05/24/2011

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Dana Isaac

Lake Homes Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $869

Lot Details

  • 2.11 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Cost To Obtain Building Permits
  • Property is zoned RR

Property Views

  • Water Views

Utilities

  • Site Evaluation on File
  • No Septic System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 85-8-3-

Community Details

Overview

  • No Home Owners Association
  • Fox Run Landing Subdivision

Recreation

  • Water Access
  • Property is near a lake
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Boat Dock
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$869

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreation, Residential
  • New Construction: No
  • Remarks Public: Property would be perfect to Park your RV and enjoy the lake, huge gravel parking area off of the existing driveway close to the water and boat ramp. Nice 2.11 acre waterfront lot with 200 feet of water frontage on Lake Anna. Boat Ramp & walkway are already in place perfect for expansion into a boat house. View can be seen out the cove from the current house site location marked on the property.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.36
  • Street Number Modifier: 2501

Beds/Baths

  • Bedrooms Perc Count: 3

Exterior Features

  • Dock Type: Ramp
  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE ANNA
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System, Site Evaluation On File

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 2.11
  • Lot Size Area: 91912
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 91912.00
  • Perc Sites: 1
  • Perc Type: Approved
  • Possible Use: Recreational, Residential
  • Year Assessed: 2010
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 868.60
  • Assessor Parcel Number: 85-8-3-
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 11/13/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3
  • Waterfront Features: Boat/Launch Ramp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Greer Christine C and Greer John A
Bought by
Lake Anna Homes Llc
Current Estimated Value
$336,333

Purchase Details

Listed on
May 24, 2011
Closed on
Nov 11, 2015
Sold by
Laii Inc A Virginia Corporation
Bought by
Greer John A and Greer Christine C
Seller's Agent
Greg Isaac
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dana Isaac
Lake Homes Realty, LLC
List Price
$145,900
Sold Price
$99,500
Premium/Discount to List
-$46,400
-31.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
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
Lake Anna Homes Llc $109,000 Accommodation
Greer John A $99,500 Northern Va Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $99,500 -31.8% $49 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
05/24/2011 05/24/11 For Sale $145,900 -- $72 / Sq Ft
Source: Bright 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 $856 $116,600 $116,600 $0
2024 $856 $116,600 $116,600 $0
2023 $772 $100,000 $100,000 $0
2022 $738 $100,000 $100,000 $0
2021 $773 $95,500 $95,500 $0
2020 $773 $95,500 $95,500 $0
2019 $809 $95,500 $95,500 $0
2018 $796 $95,500 $95,500 $0
2017 $1,623 $95,500 $95,500 $0
2016 $812 $95,500 $95,500 $0
2015 -- $118,000 $118,000 $0
2014 -- $118,000 $118,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Isaac

    Seller's Agent in 2015

    Greg Isaac

    BHHS PenFed (actual)

    (540) 661-2019

    9 in this area

    25 Total Sales

    Greg Isaac
    Section Image

  • D

    Buyer's Agent in 2015

    Dana Isaac

    Lake Homes Realty, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004444168

Bright MLS

APN: 85-8-3

Virginia Spotsylvania County Bumpass 23024 Margo

2501 Lake Forest Ln, Bumpass, VA

This home is located at 2501 Lake Forest Ln, Bumpass, VA 23024 since 24 May 2011 and is currently estimated at $336,333, approximately $165 per square foot. 2501 Lake Forest Ln is a home located in Spotsylvania County with nearby schools including Berkeley Elementary School, Post Oak Middle School, and Spotsylvania High School.

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