$229,950
SOLD JUL 7, 2017

2948 New Hope Rd Powhatan, VA 23139

3 Beds
2.5 Baths
1,482 Sq Ft
2.55 Acres

Recently Sold

$155 Per Sq Ft

2% Below List Price

74 Days on Market

Highlights

  • Under Construction
  • Colonial Architecture
  • Wood Flooring
  • 2.55 Acre Lot
  • Wooded Lot
  • High Ceiling

About This Home

As of October 2020

Almost Completed! Over 200 Feet of Road frontage! This 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 to stay. Situated on 2.5 wooded acres providing the privacy and park like setting that most rural residents desire.Large open front and side yards. Quality finishes throughout the home, one-year builder warranty. Front and Rear Porches are decked with Brick Piers, Brick and Block Foundation, Roof Engineered & Truss, 9Ft. Ceilings on First Floor,Hardwood Floors, tile in bath and utility, Carpet in Bedrooms.Maintenance Free exterior!. Don’t miss this amazing opportunity in beautiful Powhatan!
House to be completed and ready to move in by Mid June!!!

Last Agent to Sell the Property

Tammy Lacey

Hometown Realty License #0225194147 Listed on: 03/21/2017

Hometown Realty

Last Buyer's Agent

Jay Long

Napier REALTORS ERA License #0225095379

Napier REALTORS ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 202x580x211x517
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Colonial Architecture
  • A-Frame Home
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Red Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028A4-1W-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 2017 | Under Construction

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
  • Lot Size: 202x580x211x517
  • Ownership: Corporate
  • Subdivision Name: Red Lane
  • Architectural Style: A-Frame, Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space, Dirt Floor
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Stove
  • 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, Cable TV, Walk-In Closet(s)
  • Living Area: 1482.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Lot Features: Hardwood Trees, Wooded
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Parking Features: Off Street, Oversized

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 028A4-1W-27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 458.0

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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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 Type Sale Price Title Company
Grant Deed $250,000 --
Quit Claim Deed $229,950 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 Construction
Previous Owner $225,784 FHA
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

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Map

Source: Central Virginia Regional MLS

MLS Number: 1710222

Central Virginia Regional MLS

APN: 028A4-1W-27