NOT LISTED FOR SALE

Estimated Value: $209,000 - $359,000

24.2 Acres
$11,102 Price per Acre
1,054,152 Sq Ft Lot

Last Sold November 19, 2018

Last sale price $1,300,000 $1,290 Per Sq Ft

Current estimated payment $1,489/month

62 Days on Market

Highlights

  • 24.2 Acre Lot
  • Wooded Lot
  • Porch
  • Deck
  • No HOA

About This Lot

As of November 2018

Subdivision Potential Only 5 Minutes From Downtown Feredericksburg! Total Of 24.20 Acres On 5 Separate Tax Maps (24-A-57, 24-A-59, 24-A-60,24-A-61, 24-A-62). Home On Property..Would Make a Great Office For Developer...Was Used As A Small Business For 20 Plus Years.

Last Agent to Sell the Property

Matthew Romani

(540) 371-5220 mattr@gohtr.com Hometown Realty Services, Inc. License #0225061388 Listed on: 01/17/2018

Hometown Realty Services, Inc.

Co-Listed By

Pete Romani

(540) 786-6634 pete.romani@longandfoster.com Long & Foster Real Estate, Inc. License #0225155884

Last Buyer's Agent

Carl Braun

cbraun@cbecommercial.com Coldwell Banker Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $902

Lot Details

  • 24.2 Acre Lot
  • No Through Street
  • Wooded Lot
  • Backs to Trees or Woods
  • Cost To Obtain Building Permits
  • Property is zoned R1

Utilities

  • Public Hookup Available For Sewer
  • Not Applied For Permit

Listing and Financial Details

  • Assessor Parcel Number 24-A-57-

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$902

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.75

Exterior Features

  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Not Applied For Permit, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 46600.00
  • Lot Features: Backs To Trees, No Thru Street, Trees/Wooded
  • Lot Size Acres: 24.20
  • Lot Size Area: 1054152
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1054152.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Possible Use: Residential
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16839345
  • Tax Annual Amount: 901.85
  • Assessor Parcel Number: 24-A-57-
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: SPOTSYLVANIA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Nov 19, 2018
Sold by
Hart Eley Elsie and Hart Eley Elsie Louise
Bought by
Lafayette Commons Llc
Seller's Agent
Matthew Romani
Hometown Realty Services, Inc.
Buyer's Agent
Carl Braun
Coldwell Banker Elite
List Price
$1,850,000
Sold Price
$1,300,000
Premium/Discount to List
-$550,000
-29.73%
Current Estimated Value
$268,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,031,333
Avg. Annual Appreciation
-20.30%
Original Mortgage
$845,000
Interest Rate
4.7%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Lafayette Commons Llc $1,300,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafayette Commons Llc $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $1,300,000 -29.7% $1,290 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $1,850,000 0.0% $1,835 / Sq Ft
01/17/2018 01/17/18 For Sale $1,850,000 -- $1,835 / Sq Ft
Source: Bright 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 $996 $135,600 $95,000 $40,600
2024 $996 $135,600 $95,000 $40,600
2023 $923 $119,600 $85,000 $34,600
2022 $882 $119,600 $85,000 $34,600
2021 $902 $111,500 $63,800 $47,700
2020 $902 $111,500 $63,800 $47,700
2019 $919 $108,400 $59,500 $48,900
2018 $903 $108,400 $59,500 $48,900
2017 $902 $106,100 $59,500 $46,600
2016 -- $106,100 $59,500 $46,600
2015 -- $96,300 $55,300 $41,000
2014 -- $96,300 $55,300 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004478461

Bright MLS

APN: 24-A-57