NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,173,000

6 Beds
4.5 Baths
5,011 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $515,000 $103 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $6,552/month

164 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Colonial Architecture
  • Bettie Weaver Elementary School Rated A-
  • Two Primary Bedrooms
  • Deck

About This Home

As of December 2015

Rarely does a brick, 6 bedroom, 4 1/2 bath home on magnificent LAKE PATRICK HENRY in prestigious Salisbury, come to the market at such an incredible price! And this GEM boasts a full walk-out basement with a complete IN-LAW SUITE w/ full kitchen too! Garage parking for three vehicles and or a boat! The huge owner's suite is privately and conveniently located on the FIRST FLOOR too! Huge laundry room, office, recreation room/gym, and den. Wait until you experience the views from the family room and the upstairs bedrooms and baths -they are nothing short of spectacular! A paved circular drive, ancillary parking, a rear deck, a dock with night lighting on the lake, a fenced rear yard, and a full workshop! What a tremendous value that includes a full one-year home warranty, all appliances, and all window treatments! High Efficiency Gas & Electric Dual Zone Heat too. Newer Grand Manor composition roof, three fireplaces, and irrigation supplied by water from the lake! This home was built by a builder for his own family, and boy does the quality show! All of the rooms are big and spacious with all bedrooms boasting BIG walk-in closets and there is hardwood flooring on BOTH levels. HURRY!

Last Agent to Sell the Property

Craig Via

Craig Via Realty & Relocation License #0225034426 Listed on: 04/14/2015

Last Buyer's Agent

Jay Long

Napier REALTORS ERA License #0225095379

Napier REALTORS ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 1979

Lot Details

  • 1.16 Acre Lot
  • Lake Front
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R15 - ONE FAMILY RES

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 5,011 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Window Treatments
  • Separate Formal Living Room
  • Workshop
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Deck
  • Rear Porch

Schools

  • Bettie Weaver Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • The lake is a source of water for the property
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 725-718-17-40-00000

Community Details

Overview

  • Salisbury Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,773

Year Built

Built in 1979

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Property Attached Yn: No
  • Lot Size Acres: 1.1553
  • Ownership: Individuals
  • Subdivision Name: Salisbury
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Laminate, Marble, Parquet, Tile, Wood
  • Basement: Full, Heated, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary, Multiple Primary Suites, Recessed Lighting, Walk-In Closet(s), Workshop, Window Treatments
  • Living Area: 5011.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Brick Veneer, Drywall
  • Exterior Features: Dock, Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Direct Access, Driveway, Garage, Paved, Workshop in Garage

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Multi-Fuel, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Dock, Home Owners Association
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Water Access

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 725-718-17-40-00000
  • Zoning Description: R15 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5773.44
  • Tax Lot: 010

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Dec 11, 2015
Sold by
Rainey Hartwell T and Rainey Sheryl S
Bought by
Hoctor Christopher J and Hoctor Leslie B
Seller's Agent
Craig Via
Craig Via Realty & Relocation
Buyer's Agent
Jay Long
Napier REALTORS ERA
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Current Estimated Value
$1,101,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,634
Avg. Annual Appreciation
7.43%
Original Mortgage
$505,672
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2012
Sold by
Secretary Of Hsng And Urbn Dev
Bought by
R And R Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hoctor Christopher J $515,000 Stewart Title Guaranty Co
R And R Properties Llc $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoctor Christopher J $505,672
Previous Owner R And R Properties Llc $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $515,000 -10.4% $103 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $575,000 -- $115 / Sq Ft
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 $8,411 $942,200 $191,000 $751,200
2024 $8,411 $877,500 $172,000 $705,500
2023 $7,421 $815,500 $167,200 $648,300
2022 $7,029 $764,000 $164,400 $599,600
2021 $6,699 $698,200 $162,500 $535,700
2020 $6,423 $676,100 $162,500 $513,600
2019 $6,423 $676,100 $162,500 $513,600
2018 $6,155 $647,900 $162,500 $485,400
2017 $6,012 $626,200 $161,500 $464,700
2016 $5,965 $621,400 $161,500 $459,900
2015 $5,773 $601,400 $161,500 $439,900
2014 $5,581 $581,400 $161,500 $419,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1510295

Central Virginia Regional MLS

APN: 725-71-81-74-000-000