NOT LISTED FOR SALE

257 James Ln Weems, VA 22576

Estimated Value: $173,000 - $341,000

4 Beds
2 Baths
1,200 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $40,000 $33 Per Sq Ft

Est. 460% increase in value since last sale

Current estimated payment $1,298/month

161 Days on Market

Highlights

  • Rear Porch
  • Shed
  • 1-Story Property
  • Glass Enclosed
  • Heating Available

About This Home

As of October 2018

Cute as a button in the town of Weems. 4 bedrooms with 2 full baths, Hardwood floors, brick fireplace and sunroom, all ready for you to make it your own. All properties sold AS IS w/out any guarantee or warranties by seller or listing agent. No one may alter or occupy property until after closing & funding. Insurability subject to buyer's appraisal. Insurability is IE. HUD homes are sold as is w/no guarantee or warranty by the Seller or Listing Broker. Check out Hudhomestore for more info and updates, look up by case#544-070891 or address. Property condition report and listing disclosure in documents.

Last Listed By

Donna Erwin

Erwin Realty License #0225104764 Listed on: 03/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1974

Lot Details

  • 0.45 Acre Lot
  • Zoning described as R1

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Glass Enclosed
  • Shed
  • Rear Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • No Cooling
  • Heating Available
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 33-68G

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Property Attached Yn: No
  • Lot Size Acres: 0.45
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1200.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Glass Enclosed, Patio
  • Property Condition: Resale

Utilities

  • Heating: Electric
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 33-68G
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 726.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Oct 4, 2018
Sold by
Secretary Of Hud
Bought by
Abdal Jassem
Seller's Agent
Donna Erwin
Erwin Realty
Buyer's Agent
Skyler Allen
Hometown Realty
List Price
$67,000
Sold Price
$40,000
Premium/Discount to List
-$27,000
-40.3%
Total Days on Market
161
Current Estimated Value
$223,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,995
Avg. Annual Appreciation
30.98%
Original Mortgage
$32,000
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2018
Sold by
Cis Financial Services Inc
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Feb 28, 2017
Sold by
Samuel I White Pc Professional Corporati
Bought by
Cis Financial Services Inc Dba Cis Home

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
Abdal Jassem $40,000 None Available
Secretary Of Housing And Urban Developme $46,980 None Available
Cis Financial Services Inc Dba Cis Home $46,980 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdal Jassem $150,150
Closed Abdal Jassem $32,000
Previous Owner Allen Curtis J $157,422
Previous Owner Allen Curtis $171,027
Previous Owner Allen Curtis J $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $40,000 -40.3% $33 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $67,000 -- $56 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $607 $110,300 $22,500 $87,800
2023 $479 $76,100 $22,500 $53,600
2022 $479 $76,100 $22,500 $53,600
2021 $479 $76,100 $22,500 $53,600
2020 $479 $76,100 $22,500 $53,600
2019 $479 $76,100 $22,500 $53,600
2018 $726 $123,100 $17,500 $105,600
2017 $726 $123,100 $17,500 $105,600
2016 -- $123,100 $17,500 $105,600
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1811055

Chesapeake Bay & Rivers Association of REALTORS®

APN: 33-68G