NOT LISTED FOR SALE

2808 W City Point Rd Hopewell, VA 23860

Estimated Value: $301,000 - $355,000

0.28 Acre
$1,176,120 Price per Acre
12,001 Sq Ft Lot

Last Sold July 17, 2017

Last sale price $25,200 $15 Per Sq Ft

Est. 1,186% increase in value since last sale

Current estimated payment $2,009/month

13 Days on Market

About This Lot

As of July 2017

MULTIPLE OFFERS - RESPOND WITH HIGHEST AND BEST BY 6/5/17, 5 PM - WHAT A DEAL! - 0.2755 acres, 12,000 sqft, 100x120 level cleared lot bordered on 3 sides (400 ft road frontage) by City Point Rd, Wagner Ave, and Grant St. - Formerly there was a single family home (ranch built 1954) that was subsequently demolished by city approximately 5 years ago after fire and previously sold for $169,500 on 5/16/08 - Lot now selling at $10,775 discount to 2016 tax assessment of $24,400 - Get your offer in before it is gone!

Last Agent to Sell the Property

Don Stebbins

RE/MAX Commonwealth License #0225070127 Listed on: 05/31/2017

RE/MAX Commonwealth

Last Buyer's Agent

Janice Denton

Ingram & Associates-Hopewell License #0225137578

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $276

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x200
  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as R2

Property Views

  • City Views

Schools

  • Dupont Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Community Details

  • Battleground Annex Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 7
  • Assessor Parcel Number 014-0050

Property Details

Property Type

Land

Est. Annual Taxes

$276

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.2755
  • Lot Size: 100x200
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Water Body Name: N/A
  • Ownership: REO
  • Subdivision Name: Battleground Annex
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: RealEstateOwned

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Cleared, Corner Lot, Level, Undeveloped
  • View: City
  • View: Yes
  • Waterfront: No
  • Other Structures: None

Utilities

  • Sewer: Not Connected (at lot), Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Available, Phone Not Available, Electricity Available

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 014-0050
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 276.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Dupont
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 13, 2017
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Tetreault Timothy M
Seller's Agent
Don Stebbins
RE/MAX Commonwealth
Buyer's Agent
Janice Denton
Ingram & Associates-Hopewell
List Price
$13,625
Sold Price
$25,200
Premium/Discount to List
$11,575
84.95%
Current Estimated Value
$324,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,821
Avg. Annual Appreciation
36.08%

Purchase Details

Closed on
Feb 20, 2017
Sold by
Trustee Services Of Virginia Llc and Vereen Antonio Lopez
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Apr 24, 2008
Sold by
Robertson Richard G and Robertson Patricia A
Bought by
Vereen Antonio Lopez and Vereen Brandi Garner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,100
Interest Rate
6.22%
Mortgage Type
VA

Purchase Details

Closed on
Aug 9, 2006
Sold by
Runyon Danny G
Bought by
Robertson Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Tetreault Timothy M $25,200 Trinity Title And Settlement
The Secretary Of Veterans Affairs $13,028 None Available
Vereen Antonio Lopez $169,500 --
Robertson Richard G $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Richard G $173,100
Previous Owner Robertson Richard G $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $25,200 +85.0% $15 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $13,625 -- $8 / 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 $3,757 $321,100 $32,200 $288,900
2024 $3,397 $290,300 $29,300 $261,000
2023 $3,280 $290,300 $29,300 $261,000
2022 $2,526 $223,500 $27,500 $196,000
2021 $2,526 $223,500 $27,500 $196,000
2020 $2,005 $177,400 $29,300 $148,100
2019 $2,005 $177,400 $29,300 $148,100
2018 $276 $24,400 $24,400 $0
2017 $276 $24,400 $24,400 $0
2016 $276 $24,400 $24,400 $0
2015 $276 $24,400 $24,400 $0
2014 -- $27,100 $27,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1720560

Central Virginia Regional MLS

APN: 014-0050