NOT LISTED FOR SALE

2770 Red Lane Rd Powhatan, VA 23139

Estimated Value: $895,000 - $971,000

5 Beds
3.5 Baths
4,084 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $801,000 $196 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,408/month

50 Days on Market

Highlights

  • Horses Allowed On Property
  • 15 Acre Lot
  • Contemporary Architecture
  • In Ground Pool
  • Deck
  • High Ceiling

About This Home

As of October 2023

Luxury 1 level living Just Listed in Powhatan!! Bring your horses & your swimsuit! Welcome to this beautiful & unique home with design & style to last you a lifetime! Walk in through the grand front doors into an open foyer. The stone fireplace & indoor garden makes for a one of a kind music room or formal sitting area, sure to impress your guests. To the right of the house is the very large master suite with his & her closets, en suite, sitting area & access to the pool & patio. You will find 2 other spacious bedrooms & a full bath on this side of the home. To the left of the foyer you will find a formal dining room which leads to the open kitchen with Island, bar area, eat in area & backyard/pool access. The kitchen opens to a vaulted living room, which has huge windows, allowing for lots of natural lighting & gorgeous views of the pool. Just off the living room there is an office & an additional spacious bedroom plus full bathroom. This home has an amazing feel & layout with timeless energy. The home has been priced according to the cosmetic updates you may want to do. This lovely estate is situated on 15 acres with an area for a greenhouse & watering system/station for horses!

Last Agent to Sell the Property

Amanda Hardesty

Hardesty Homes License #0225203718 Listed on: 07/12/2023

Hardesty Homes

Last Buyer's Agent

Amber Sloan

Century 21 Realty @ Home License #0225257705

Century 21 Realty @ Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1989

Lot Details

  • 15 Acre Lot
  • Zoning described as A-1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 4,084 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Fireplace Features Masonry
  • Thermal Windows
  • French Doors
  • Carpet
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Pocahontas Elementary And Middle School
  • Powhatan High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Red Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029-5C1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1989
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 15.0
  • Ownership: Individuals
  • Subdivision Name: Red Lane
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Bath in Primary Bedroom, Pantry, Recessed Lighting
  • Living Area: 4084.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Construction Type: Block, Other, Synthetic Stucco
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: 029-5C1
  • Horse Amenities: Horses Allowed
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3843.0

MLS Schools

  • Elementary School: Pocahontas
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Oct 6, 2023
Sold by
Stewart Cynthia M
Bought by
Brandon Thomas and Thomas Amanda
Seller's Agent
Amanda Hardesty
Hardesty Homes
Buyer's Agent
Amber Sloan
Century 21 Realty @ Home
List Price
$980,000
Sold Price
$801,000
Premium/Discount to List
-$179,000
-18.27%
Views
244
Current Estimated Value
$933,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,362
Avg. Annual Appreciation
7.75%
Original Mortgage
$710,000
Outstanding Balance
$697,305
Interest Rate
7.62%
Mortgage Type
Construction
Estimated Equity
$236,057

Purchase Details

Closed on
Dec 10, 2002
Source: Public Records

Range of Values:

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Average Value
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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
Brandon Thomas $801,000 --
-- $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandon Thomas $710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $801,000 -5.8% $196 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $850,000 -3.4% $208 / Sq Ft
08/15/2023 08/15/23 Price Changed $880,000 -5.4% $215 / Sq Ft
07/26/2023 07/26/23 Price Changed $930,000 -5.1% $228 / Sq Ft
07/12/2023 07/12/23 For Sale $980,000 -- $240 / 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 $6,150 $820,000 $175,500 $644,500
2024 $5,239 $759,300 $162,500 $596,800
2023 $4,024 $571,300 $150,000 $421,300
2022 $3,843 $571,300 $150,000 $421,300
2021 $3,559 $490,800 $145,000 $345,800
2020 $3,559 $422,000 $139,000 $283,000
2019 $3,079 $422,000 $139,000 $283,000
2018 $1,600 $422,000 $139,000 $283,000
2017 $3,194 $433,000 $139,000 $294,000
2016 $3,248 $433,000 $139,000 $294,000
2014 $3,663 $427,700 $132,000 $295,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2316546

Central Virginia Regional MLS

APN: 029-5C1