$99,000
SOLD JUN 17, 2020

3003 Appomattox Trace Ln Powhatan, VA 23139

3.22 Acres
$30,793 Price per Acre
140,045 Sq Ft Lot

Recently Sold

101 Days on Market

Highlights

  • Home fronts a creek
  • Wetlands on Lot
  • Lot Has A Rolling Slope
  • 3.22 Acre Lot
  • Cul-De-Sac

About This Lot

As of August 2021

Lot 3 is in a beautiful Rural Conservation Subdivision where the developer has set aside 48+ acres to remain in agricultural use forever. There is also 6 acres dedicated to Powhatan County to be used as recreational fields (future)
There are 13 Additional Lots Available. Comcast Xfinity is installed at the street to each lot. Restrictions call for a min 2000 SF Rancher or a 2500 SF Two story. The developer DOES NOT charge a fee to review plans. Backyard chickens allowed with restrictions.

Last Agent to Sell the Property

Phil Scott

Scott Real Estate License #0225051309 Listed on: 01/21/2020

Last Buyer's Agent

Terry Adcock

Napier REALTORS ERA License #0225152492

Napier REALTORS ERA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $899

Lot Details

  • 3.22 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Southwest Facing Home
  • Lot Has A Rolling Slope
  • Zoning described as RR-5

Schools

  • Flat Rock Elementary School
  • Powhatan Middle School
  • Powhatan High School

Utilities

  • Well Required

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 052F 1 3

Community Details

Overview

  • Property has a Home Owners Association
  • Appomattox Trace Subdivision

Amenities

  • Common Area

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$899

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 3.215
  • Lot Size: Cul-du-sac
  • Water Body Name: Creek
  • Ownership: Corporate
  • Subdivision Name: Appomattox Trace
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Cul-De-Sac, Rolling Slope, Wetlands
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Deed Restriction
  • Direction Faces: Southwest
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 052F 1 3
  • Pasture Area: 2.72
  • Wooded Area: 0.5
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 899.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Flat Rock
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 4, 2021
Sold by
Chesterfield Const S Inc
Bought by
Papelino Elizabeth A
Seller's Agent
Terry Adcock
Napier REALTORS ERA
Buyer's Agent
Craig Waterworth
Real Broker LLC
List Price
$429,950
Sold Price
$434,950
Premium/Discount to List
$5,000
1.16%
Current Estimated Value
$608,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,727
Avg. Annual Appreciation
8.67%
Original Mortgage
$324,950
Outstanding Balance
$299,048
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$307,950

Purchase Details

Closed on
Jan 17, 2007
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 $434,950 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,950 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $434,950 0.0% $192 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $434,950 +339.3% $192 / Sq Ft
06/17/2020 06/17/20 Sold $99,000 -77.0% --
06/16/2020 06/16/20 For Sale $429,950 +334.3% $189 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $99,000 -- --
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 $4,408 $638,800 $132,500 $506,300
2024 $4,081 $591,500 $122,700 $468,800
2023 $3,863 $491,400 $118,200 $373,200
2022 $3,784 $491,400 $118,200 $373,200
2021 $869 $102,200 $102,200 $0
2020 $869 $97,200 $97,200 $0
2019 $855 $97,200 $97,200 $0
2018 $802 $97,200 $97,200 $0
2017 $860 $97,200 $97,200 $0
2016 $875 $97,200 $97,200 $0
2014 $744 $82,700 $82,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2001994

Central Virginia Regional MLS

APN: 052F-1-3