NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $1,456,000

5 Beds
7 Baths
7,834 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $900,000 $115 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,739/month

35 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Spa
  • Bettie Weaver Elementary School Rated A-
  • Water Access
  • Two Primary Bedrooms

About This Home

As of March 2018

This Salisbury Estate offers more amenities than one could ever imagine, and is beautifully sited on 2+ private acres boasting an incomparable Chef's kitchen which opens to an enormous vaulted Great Room w/Stone Fireplace and Skylights! The 1st floor Owner's Suite w/ tray ceiling, huge dressing closet, and glamour, spa bath will knock your socks off! Among this stately property's many special features are a 3,000 square foot, detached GUEST HOUSE w/FULL & HALF-BATHS, KITCHEN, STUDIO, RECREATION ROOM AND A POTENTIAL BEDROOM. A separate 900 sq ft. RV/boat and/or collector car storage facility too is AWESOME! There is also an additional two-car attached garage w/direct entry into the home. This amazing property is perfect for a master carpenter, car collector, multi-generational family or the family who loves to entertain -plenty of room for a pool and/or tennis court too. This GEM's versatile floor plan provides an incredible Entertainment Room w/bar designed for large gatherings. A delightful screened porch overlooking the rear decks, terraces, and hot tub are especially appealing!

Last Listed By

Craig Via

Craig Via Realty & Relocation License #0225034426 Listed on: 01/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 1977

Lot Details

  • 2.11 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Picket Fence
  • Vinyl Fence
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R40

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Dry Walled Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 7,834 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Sliding Doors
  • Insulated Doors
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Maid or Guest Quarters

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Outdoor Features

  • Spa
  • Water Access
  • Deck
  • Patio
  • Exterior Lighting
  • Outbuilding
  • Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Water Heater
  • Septic Tank

Community Details

  • Salisbury Subdivision

Listing and Financial Details

  • Assessor Parcel Number 725-722-82-34-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,332

Year Built

Built in 1977

Lot Details

0

HOA Fees

$8 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1977
  • Property Attached Yn: No
  • Lot Size Acres: 2.112
  • Ownership: Individuals,Other
  • Subdivision Name: Salisbury
  • Architectural Style: Custom, Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Full, Heated, Walk-Out Access
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Double Oven, Dishwasher, Electric Water Heater, Microwave, Range
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2250.0
  • Door Features: Insulated Doors, Sliding Doors
  • Fireplace Features: Gas, Masonry, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Cathedral Ceiling(s), Granite Counters, Main Level Primary, Multiple Primary Suites, Workshop, Central Vacuum
  • Living Area: 7834.0
  • Dining Room Type: Guest Quarters
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Picket, Vinyl
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront Features: Lake, Water Access
  • Waterfront: No
  • Construction Type: Drywall, Frame, Stone, Wood Siding
  • Exterior Features: Deck, Hot Tub/Spa, Sprinkler/Irrigation, Lighting, Out Building(s), Porch, Paved Driveway
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Patio, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Circular Driveway, Driveway, Detached, Finished Garage, Garage, Garage Door Opener, Oversized, Paved, Storage

Utilities

  • Heating: Forced Air, Propane, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 725-722-82-34-00000
  • Zoning Description: R40
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6332.0

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Morrison Marlo Mercer and Morrison Bryan Kelly
Bought by
Morrison Marlo Mercer and Morrison Bryan Kelly
Total Days on Market
35
Current Estimated Value
$1,399,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Outstanding Balance
$637,318
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$739,895

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 21, 2018
Sold by
Adams Kelly Lee
Bought by
Edwards Marlo
Seller's Agent
Craig Via
Craig Via Realty & Relocation
Buyer's Agent
Ben Woodard
Coldwell Banker Avenues
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$720,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Adams Kelly Lee
Bought by
Adams Kelly Lee and The Kelly Lee Adams Revocable Trust Agre

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 6, 2013
Sold by
Labrake Tr Kenneth J
Bought by
Adams Bradley D
Seller's Agent
Craig Via
Craig Via Realty & Relocation
Buyer's Agent
John Farrell
Hometown Realty
List Price
$749,900
Sold Price
$648,000
Premium/Discount to List
-$101,900
-13.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$518,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Brown Robert B
Bought by
Labrake Kenneth J and Labrake Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Range of Values:

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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
Morrison Marlo Mercer -- None Available
Edwards Marlo $900,000 Attorney
Adams Kelly Lee -- None Available
Adams Bradley D $648,000 --
Labrake Kenneth J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Marlo Mercer $434,000
Open Morrison Marlo Mercer $712,000
Closed Edwards Marlo $720,000
Previous Owner Adams Bradley D $518,400
Previous Owner Labrake Kenneth J $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $900,000 -9.5% $115 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $995,000 +53.5% $127 / Sq Ft
05/14/2013 05/14/13 Sold $648,000 -13.6% $132 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $749,900 -- $152 / 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
2024 $11,646 $1,291,200 $116,600 $1,174,600
2023 $10,973 $1,205,800 $111,600 $1,094,200
2022 $9,333 $1,014,500 $108,600 $905,900
2021 $8,724 $915,700 $106,600 $809,100
2020 $8,364 $880,400 $106,600 $773,800
2019 $8,364 $880,400 $106,600 $773,800
2018 $6,440 $689,200 $106,600 $582,600
2017 $6,320 $654,400 $105,600 $548,800
2016 $6,248 $650,800 $101,600 $549,200
2015 $5,902 $612,200 $101,600 $510,600
2014 $5,720 $593,200 $101,600 $491,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1801463

Central Virginia Regional MLS

APN: 725-72-28-23-400-000