$92,250
SOLD NOV 4, 2021

2640 Dorset Ridge Turn Powhatan, VA 23139

2.72 Acres
$33,915 Price per Acre
118,483 Sq Ft Lot

Recently Sold

3% Above List Price

Highlights

  • 2.72 Acre Lot
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of October 2022

Developer is selling two of the last available vacant lots in Dorset Ridge in the Flat Rock area of Powhatan! Dorset Ridge is a great established eastern Powhatan subdivision with homes on spacious 2+ Acre Lots. Lots 7 and 8 on Dorset Ridge Turn are side by side in a culdesac and all wooded. The lots are: 2.02 Acres for $82,500 and 2.7 Acres with an existing drilled well for $89,500. Driveway culverts are already installed. Great for a builder looking to build spec homes or a buyer wanting to build a custom home. Comcast Cable/High Speed Internet is available in the subdivision. Proffers are $2,439 per Powhatan County.

Last Agent to Sell the Property

Nancy Wise

Napier REALTORS ERA License #0225067926 Listed on: 10/04/2021

Last Buyer's Agent

Michael Williford

Napier REALTORS ERA License #0225204454

Napier REALTORS ERA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $570

Lot Details

  • 2.72 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Zoning described as R-U

Schools

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

Utilities

  • Underground Utilities
  • Well Required

Community Details

  • Dorset Ridge Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 041D-3-7

Property Details

Property Type

Land

Est. Annual Taxes

$570

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 2.72
  • Road Surface Type: Paved
  • Ownership: Corporate
  • Subdivision Name: Dorset Ridge
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded
  • Waterfront: No

Utilities

  • Electric: Underground
  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Phone Available, Underground Utilities, Electricity Available

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 041D-3-7
  • Zoning Description: R-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 570.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 19, 2022
Sold by
Grey Ridge Props Llc
Bought by
Sullivan Dannah L
Seller's Agent
Michael Williford
Napier REALTORS ERA
Buyer's Agent
Jane Spann
KW Metro Center
List Price
$460,000
Sold Price
$470,000
Premium/Discount to List
$10,000
2.17%
Views
53
Current Estimated Value
$495,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,077
Avg. Annual Appreciation
1.48%
Original Mortgage
$461,487
Outstanding Balance
$448,894
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$40,757
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 Type Sale Price Title Company
Deed $470,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,487 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $470,000 +2.2% $261 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $460,000 +398.6% $255 / Sq Ft
11/04/2021 11/04/21 Sold $92,250 +3.1% --
10/04/2021 10/04/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $89,500 -- --
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 $2,506 $363,200 $103,700 $259,500
2024 $2,320 $336,300 $96,000 $240,300
2023 $2,219 $72,000 $72,000 $0
2022 $554 $72,000 $72,000 $0
2021 $570 $67,000 $67,000 $0
2020 $570 $62,000 $62,000 $0
2019 $546 $62,000 $62,000 $0
2018 $508 $62,000 $62,000 $0
2017 $468 $62,000 $62,000 $0
2016 $558 $62,000 $62,000 $0
2014 $468 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2130022

Central Virginia Regional MLS

APN: 041D-3-7