NOT LISTED FOR SALE

2626 New Timber Way Powhatan, VA 23139

Estimated Value: $517,375 - $540,000

10 Acres
$52,579 Price per Acre
435,600 Sq Ft Lot

Last Sold February 15, 2016

Last sale price $98,000

Est. 437% increase in value since last sale

Current estimated payment $3,213/month

172 Days on Market

Highlights

  • Home fronts a creek
  • Walking Distance to Water
  • Cul-De-Sac
  • 10 Acre Lot

About This Lot

As of February 2016

LAND!!!! & Location!!! Build on a great Lot in one of the most Beautiful & Convenient parts of Powhatan. 288 in 15 minutes tops & 35 minutes to downtown Richmond. Right down the street from Powhatan High School. Come see what this wonderful, well kept, and what feels like a secret garden type neighborhood, has to offer. Lot has been perked for 4 bedrooms. Comcast cable runs down the street. Zone Agricultural and able to have horses. Get your plans together! More pics coming soon.

Last Agent to Sell the Property

Michael Barrett

RE/MAX Commonwealth License #0225086395 Listed on: 06/15/2015

RE/MAX Commonwealth

Last Buyer's Agent

Sandra Cullather

Real Broker LLC License #0225032843

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $891

Year Built

  • 2016

Lot Details

  • 10 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Cul-De-Sac

Schools

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number M0004021

Community Details

Overview

  • Property has a Home Owners Association
  • Timber Creek Subdivision

Amenities

  • Common Area

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$891

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 10.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Ownership: Individuals
  • Subdivision Name: Timber Creek
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None
  • Year Built (Public Record): 2016

Interior Features

  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Cul-De-Sac
  • Waterfront Features: Creek, Walk to Water
  • Waterfront: Yes
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Natural Gas Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: M0004021
  • Wooded Area: 10.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 891.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Feb 17, 2016
Seller's Agent
Michael Barrett
RE/MAX Commonwealth
Buyer's Agent
Sandra Cullather
Real Broker LLC
List Price
$119,000
Sold Price
$98,000
Premium/Discount to List
-$21,000
-17.65%
Total Days on Market
172
Current Estimated Value
$525,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,792
Avg. Annual Appreciation
19.73%
Source: Public Records

Similar Property in Powhatan, VA

  • 4788 Bell Rd, Powhatan, VA 23139

    $450,000

    • Land
    • 10 Acres
    • $45,000 per Acre
    • 4788 Bell Rd
    • Powhatan, VA

    10 ACRES READY FOR YOUR BUILDER! This private, “retreat-like” setting is ready for your builder or build with one of our preferred builders. Driveway is already in and home site has been cleared. Perk test has been completed and currently perks for a 3-4 bedroom home with a conventional septic system. Located minutes to the courthouse!

    David Cooke Long & Foster REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $98,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2016 02/15/16 Sold $98,000 -17.6% --
12/04/2015 12/04/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $119,000 -- --
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 $3,316 $480,600 $143,100 $337,500
2024 $3,071 $445,000 $132,500 $312,500
2023 $2,957 $342,000 $120,000 $222,000
2022 $2,633 $342,000 $120,000 $222,000
2021 $2,655 $312,300 $115,000 $197,300
2020 $2,655 $273,200 $109,000 $164,200
2019 $2,404 $273,200 $109,000 $164,200
2018 $1,652 $273,200 $109,000 $164,200
2017 $891 $272,700 $109,000 $163,700
2016 $891 $99,000 $99,000 $0
2014 $891 $99,000 $99,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1517463

Central Virginia Regional MLS

APN: 029-6-2