NOT LISTED FOR SALE

2631 Lake Forest Ln Bumpass, VA 23024

Margo Neighborhood

Estimated Value: $474,000 - $695,000

4 Acres
$147,505 Price per Acre
174,240 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $70,500

Est. 737% increase in value since last sale

Current estimated payment $3,558/month

148 Days on Market

Highlights

  • Seaplane Permitted
  • 5 Dock Slips
  • Fishing Allowed
  • Boat Ramp
  • Home fronts navigable water
  • View of Trees or Woods

About This Lot

As of October 2019

Great Lot over 4 acres with a boat slip, well and septic already installed condition will need to be verified has never been used. Lot has mature hardwoods. Plat and well and drainfield documents are in the documents file

Last Agent to Sell the Property

Mark Tinsman

Lake Anna Island Realty, Inc. License #0225056065 Listed on: 04/05/2019

Last Buyer's Agent

Josh Prouty

Ascendancy Realty LLC License #WVA220040194

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 4 Acre Lot
  • Home fronts navigable water
  • Property is zoned RR, Resort residnetial

HOA Fees

  • $32 Monthly HOA Fees

Property Views

  • Views of Woods

Schools

  • Berkeley Elementary School
  • Post Oak Middle School
  • Spotsylvania High School

Utilities

  • Underground Utilities
  • Well
  • On Site Septic
  • Perc Approved Septic
  • Septic Pump

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 85B1-2-

Community Details

Overview

  • Lakeside Woods HOA
  • Lakeside Woods Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Fishing Allowed
  • Seaplane Permitted
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Boat Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential, Recreation
  • Historic: No
  • New Construction: No
  • Expected On Market: 2019-04-05
  • Federal Flood Zone: No
  • Remarks Public: Great Lot over 4 acres with a boat slip, well and septic already installed condition will need to be verified has never been used. Lot has mature hardwoods. Plat and well and drainfield documents are in the documents file
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 0.49
  • Street Number Modifier: 2631

Beds/Baths

  • Bedrooms Perc Count: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Seaplane Permitted, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Anna
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: Perc Approved Septic, On Site Septic, Septic Pump
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 384.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Boat Ramp, Picnic Area, Pier/Dock, Water/Lake Privileges
  • HOA Name: LAKESIDE WOODS HOA
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
  • Elementary School: BERKELEY
  • Middle School: POST OAK
  • High School: SPOTSYLVANIA
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139429416
  • School District Source: 3rd Party
  • Elementary School: BERKELEY
  • High School: SPOTSYLVANIA
  • Middle Or Junior School: POST OAK

Lot Info

  • Wooded Acres: 4.37
  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 11300.00
  • Lot Size Acres: 4.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 174240.00
  • Perc Sites: 2
  • Perc Type: Approved
  • Topography Description: Flat lot with large hardwoods
  • Year Assessed: 2017
  • Zoning: RR
  • Zoning Description: Resort residnetial
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16864823
  • Tax Annual Amount: 670.00
  • Assessor Parcel Number: 85B1-2-
  • Tax Lot: 2
  • Tax Year: 2017
  • Close Date: 10/18/2019

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Oct 3, 2019
Sold by
Kinsler Bruce W and Kinsler Segundina L
Bought by
Miller Leonard N and Miller Lynne F
Seller's Agent
Mark Tinsman
Lake Anna Island Realty, Inc.
Buyer's Agent
Josh Prouty
Ascendancy Realty LLC
List Price
$99,500
Sold Price
$70,500
Premium/Discount to List
-$29,000
-29.15%
Current Estimated Value
$590,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,521
Avg. Annual Appreciation
44.55%

Purchase Details

Closed on
May 11, 2001
Sold by
Oswalk Karl E
Bought by
Kinsler Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,556
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miller Leonard N $70,500 Bridge Title Inc
Kinsler Bruce W $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miller Leonard N $380,000
Previous Owner Kinsler Bruce W $38,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $70,500 -17.0% --
09/01/2019 09/01/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $84,900 -5.6% --
07/01/2019 07/01/19 Price Changed $89,900 -5.3% --
05/28/2019 05/28/19 Price Changed $94,900 -4.6% --
04/05/2019 04/05/19 For Sale $99,500 -- --
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 $3,728 $507,700 $82,600 $425,100
2024 $3,728 $507,700 $82,600 $425,100
2023 $3,212 $416,200 $67,600 $348,600
2022 $582 $78,900 $67,600 $11,300
2021 $639 $78,900 $67,600 $11,300
2020 $639 $78,900 $67,600 $11,300
2019 $669 $78,900 $67,600 $11,300
2018 $657 $78,900 $67,600 $11,300
2017 $671 $78,900 $67,600 $11,300
2016 $671 $78,900 $67,600 $11,300
2015 -- $78,900 $67,600 $11,300
2014 -- $78,900 $67,600 $11,300
Source: Public Records

Agents Affiliated with this Home

  • Mark Tinsman

    Seller's Agent in 2019

    Mark Tinsman

    Lake Anna Island Realty, Inc.

    (540) 894-1587

    3 in this area

    19 Total Sales

    Mark Tinsman
    Section Image
  • Josh Prouty

    Buyer's Agent in 2019

    Josh Prouty

    Ascendancy Realty LLC

    (540) 993-3090

    2 in this area

    59 Total Sales

    Josh Prouty
    Section Image
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Map

Source: Bright MLS

MLS Number: VASP210728

Bright MLS

APN: 85B-1-2

Virginia Spotsylvania County Bumpass 23024 Margo

2631 Lake Forest Ln, Bumpass, VA

This home is located at 2631 Lake Forest Ln, Bumpass, VA 23024 since 05 April 2019 and is currently estimated at $590,021. 2631 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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