NOT LISTED FOR SALE

318 Riverside Ave Hopewell, VA 23860

Estimated Value: $162,000 - $214,000

0.28 Acre
$687,259 Price per Acre
12,314 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $44,250 $46 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $1,203/month

41 Days on Market

About This Lot

As of December 2022

Fully cleared DOUBLE SIZED corner lot on a very quiet residential street across the street from the river, and within close walking distance to the Downtown, Beacon Theater, City Park and City Point. Public water, sewer and electric at the street. The home adjacent to this lot is also for sale - they can be sold together or separately.

Last Agent to Sell the Property

Wes Fertig

Joyner Fine Properties License #0225239142 Listed on: 09/05/2022

Joyner Fine Properties

Last Buyer's Agent

Jacqueline Butterworth

EXP Realty LLC License #0225100128

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $575

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Additional Land
  • Zoning described as R2

Schools

  • Copeland Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Water Not Available

Community Details

  • West City Point Addition Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 078-0020

Property Details

Property Type

Land

Est. Annual Taxes

$575

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.2827
  • Road Surface Type: Gravel, Paved
  • Ownership: Individuals
  • Subdivision Name: West City Point Addition
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Additional Land Available, Cleared, Corner Lot, Level
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Available, Electricity Available

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 078-0020
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 575.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Copeland
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Dec 1, 2022
Sold by
Gilkison Craig Owen
Bought by
Lex 2116 W Broadway Llc
Seller's Agent
Wes Fertig
Joyner Fine Properties
Buyer's Agent
Jacqueline Butterworth
EXP Realty LLC
List Price
$50,000
Sold Price
$44,250
Premium/Discount to List
-$5,750
-11.5%
Views
57
Current Estimated Value
$195,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,740
Avg. Annual Appreciation
72.69%
Original Mortgage
$144,000
Outstanding Balance
$140,061
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$53,364
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
Lex 2116 W Broadway Llc $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lex 2116 W Broadway Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $44,250 -11.5% $46 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $50,000 -- $52 / 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 $1,617 $138,200 $32,700 $105,500
2024 $1,480 $126,500 $29,700 $96,800
2023 $1,429 $126,500 $29,700 $96,800
2022 $884 $78,200 $29,700 $48,500
2021 $884 $78,200 $29,700 $48,500
2020 $904 $80,000 $29,700 $50,300
2019 $904 $80,000 $29,700 $50,300
2018 $774 $68,500 $27,000 $41,500
2017 $774 $68,500 $27,000 $41,500
2016 $893 $79,000 $27,000 $52,000
2015 $893 $79,000 $27,000 $52,000
2014 $862 $77,700 $19,400 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2224426

Central Virginia Regional MLS

APN: 078-0015