NOT LISTED FOR SALE

Estimated Value: $899,581 - $1,084,000

5 Beds
3 Baths
4,300 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $480,000 $112 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,055/month

39 Days on Market

About This Home

As of July 2012

NEW PRICE on this Gorgeous WATERFRONT home! Positioned on over 1 acre water front lot with gorgeous views of Lake Partick Henry, this Flemish bond all brick exterior Colonial looks like it belongs in Williamsburg on Duke of Gloucester! Meticulously maintained.... First floor master bedroom. 4 bedrooms and 2 full baths on 2nd. Two story foyer. Recreation room in walk out basement.Hardwood floors and 7" baseboard moldings on both levels. The home was designed to maximize the views of the water! Security system and central vac. Great shop area about 200 feet in basement with double lock doors perfect for a man cave! Do not miss the opportunity to own a home in Salisbury with excellent amenities and schools!

Last Agent to Sell the Property

Beth Lane

Metropolitan Real Estate Inc License #0225037631 Listed on: 03/16/2012

Last Buyer's Agent

Michael Keller

Napier REALTORS ERA License #0225186245

Napier REALTORS ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,514

Year Built

  • 1975

Lot Details

  • 1.23

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 1.75 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 724-718-35-96-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,514

Year Built

1975

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 111.63
  • Finished Sq Ft: 4300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Number of Rooms: 10
  • Total Fireplaces: 2
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Finished-Part
  • Attic: Walk-Up, Walk-In
  • Number Of Levels: 1.75

Exterior Features

  • Roof: Dimensional
  • Siding: Brick Veneer

Garage/Parking

  • Garage Type: Direct Entry
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Multi-Fuel System
  • Heating: 2 Zoned Heat
  • Cooling: 2 Zoned AC
  • Sewer: Conventional Septic
  • Water: Public Water

Fee Information

  • Fee: 400.00
  • Fee Period: Yearly

Schools

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

Lot Info

  • Zoning: R15
  • Lot: 017
  • Lot Description: Waterfront
  • Parcel Number: 724-718-35-96-00000

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jul 13, 2012
Sold by
Whitaker Vernon T
Seller's Agent
Beth Lane
Metropolitan Real Estate Inc
Buyer's Agent
Michael Keller
Napier REALTORS ERA
List Price
$514,950
Sold Price
$480,000
Premium/Discount to List
-$34,950
-6.79%
Current Estimated Value
$974,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,645
Avg. Annual Appreciation
5.64%
Original Mortgage
$340,000
Outstanding Balance
$239,193
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$735,452
Source: Public Records

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Range of Values:

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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
-- $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $74,000
Open -- $340,000
Previous Owner Whitaker Vernon T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $480,000 -6.8% $112 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $514,950 -- $120 / 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 $7,514 $841,500 $182,000 $659,500
2024 $7,514 $779,700 $164,000 $615,700
2023 $6,567 $721,700 $159,500 $562,200
2022 $6,213 $675,300 $156,800 $518,500
2021 $5,935 $617,800 $154,900 $462,900
2020 $5,689 $598,800 $154,900 $443,900
2019 $5,689 $598,800 $154,900 $443,900
2018 $5,445 $573,200 $153,900 $419,300
2017 $5,322 $554,400 $153,000 $401,400
2016 $5,292 $551,200 $153,000 $398,200
2015 $5,149 $533,800 $153,000 $380,800
2014 $4,981 $516,300 $153,000 $363,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1207195

Central Virginia Regional MLS

APN: 724-71-83-59-600-000