NOT LISTED FOR SALE

2948 New Hope Rd Powhatan, VA 23139

Estimated Value: $346,000 - $481,000

3 Beds
2.5 Baths
1,482 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $255,000 $172 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,337/month

7 Days on Market

Highlights

  • 2.55 Acre Lot
  • Wood Flooring
  • Granite Countertops
  • Transitional Architecture
  • High Ceiling
  • Thermal Windows

About This Home

As of October 2020

This three year YOUNG two story will take you back to the time when houses were built with quality and precision. The old style and feel of this property will convince you this is HOME. Situated on 2.50 acres with mix of cleared/wooded land providing the privacy and park like setting that most rural residents desire. Huge fully fenced in rear yard. Large open front and side yards (almost 200 feet of front road frontage). Quality finishes throughout the home such as gorgeous hardwood flooring in most of the home and custom kitchen with granite counter tops and cozy pantry. Nine foot ceilings on the first floor. Huge detached shed with plenty of storage as well as an attached shed. Tall (standing height) crawlspace for extra storage as well. Front and Rear Porches are decked with Brick Piers, Brick and Block Foundation, Roof Engineered & Truss. Why wait for new construction home to be built when you can have NEW already. One of the best values in Powhatan with this much land. Close to dining, entertainment, and shopping. Less than ten minutes to Westchester Shopping Center. Amazing opportunity in Beautiful Powhatan.

Last Agent to Sell the Property

Albert Morgan

Long & Foster REALTORS License #0225060182 Listed on: 09/05/2020

Long & Foster REALTORS

Last Buyer's Agent

Josh Swaney

Coldwell Banker Elite License #0225176319

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 2017

Lot Details

  • 2.55 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Back Yard Fenced
  • Zoning described as R-U

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Pocahontas Elementary School
  • Powhatan Middle School
  • Powhatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Red Lane Subdivision

Listing and Financial Details

  • Tax Lot W-27
  • Assessor Parcel Number 028A4-1W-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Property Attached Yn: No
  • Lot Size Acres: 2.55
  • Ownership: Individuals
  • Subdivision Name: Red Lane
  • Architectural Style: Two Story, Transitional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Dining Area, Granite Counters, High Ceilings, Bath in Primary Bedroom
  • Living Area: 1482.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Lot Features: Cul-De-Sac, Dead End
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Storage, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Oversized

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 028A4-1W-27
  • Zoning Description: R-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1608.0
  • Tax Lot: W-27

MLS Schools

  • Elementary School: Pocahontas
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 16, 2020
Sold by
Simmons Angela R
Bought by
Ridgway Andrew David and Ridgway Brittany
Seller's Agent
Albert Morgan
Long & Foster REALTORS
Buyer's Agent
Josh Swaney
Coldwell Banker Elite
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$402,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,659
Avg. Annual Appreciation
8.89%
Original Mortgage
$204,000
Outstanding Balance
$183,485
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$205,307

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jul 6, 2017
Sold by
Dominion Investment Props
Bought by
Simmons Angela Renee
Seller's Agent
Tammy Lacey
Hometown Realty
Buyer's Agent
Jay Long
Napier REALTORS ERA
List Price
$234,950
Sold Price
$229,950
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$225,784
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2016
Source: Public Records

Range of Values:

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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
Ridgway Andrew David $250,000 --
Simmons Angela Renee $229,950 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgway Andrew David $204,000
Previous Owner Simmons Angela Renee $225,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $255,000 +2.0% $172 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $249,950 -2.0% $169 / Sq Ft
09/05/2020 09/05/20 For Sale $255,000 +10.9% $172 / Sq Ft
07/07/2017 07/07/17 Sold $229,950 0.0% $155 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $229,950 -2.1% $155 / Sq Ft
03/21/2017 03/21/17 For Sale $234,950 -- $159 / 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 $2,423 $323,000 $101,500 $221,500
2024 $2,064 $299,100 $94,000 $205,100
2023 $994 $239,900 $81,500 $158,400
2022 $1,847 $239,900 $81,500 $158,400
2021 $1,885 $221,800 $76,500 $145,300
2020 $1,885 $182,700 $60,900 $121,800
2019 $1,608 $182,700 $60,900 $121,800
2018 $1,036 $182,700 $60,900 $121,800
2017 $450 $50,900 $50,900 $0
2016 $458 $50,900 $50,900 $0
2014 $458 $50,900 $50,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Morgan

    Seller's Agent in 2020

    Albert Morgan

    Long & Foster REALTORS

    (804) 247-0641

    10 in this area

    188 Total Sales

    Albert Morgan
    Section Image
  • Josh Swaney

    Buyer's Agent in 2020

    Josh Swaney

    Coldwell Banker Elite

    (804) 200-8828

    4 in this area

    84 Total Sales

    Josh Swaney
    Section Image
  • Tammy Lacey

    Seller's Agent in 2017

    Tammy Lacey

    Hometown Realty

    (804) 335-1616

    92 Total Sales

    Tammy Lacey
    Section Image
  • Jay Long

    Buyer's Agent in 2017

    Jay Long

    Napier REALTORS ERA

    (804) 794-4531

    19 Total Sales

    Jay Long
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2027054

Central Virginia Regional MLS

APN: 028A4-1W-27

Virginia Powhatan County Powhatan 23139

2948 New Hope Rd, Powhatan, VA

This home is located at 2948 New Hope Rd, Powhatan, VA 23139 since 05 September 2020 and is currently estimated at $402,659, approximately $271 per square foot. This property was built in 2017. 2948 New Hope Rd is a home located in Powhatan County with nearby schools including Pocahontas Elementary School, Pocahontas Middle School, and Powhatan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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