NOT LISTED FOR SALE

Estimated Value: $49,820

1.65 Acres
$30,194 Price per Acre
71,874 Sq Ft Lot

Last Sold February 07, 2018

Last sale price $28,000

Est. 78% increase in value since last sale

Current estimated payment $306/month

109 Days on Market

Highlights

  • 1.65 Acre Lot
  • James River High School Rated A-
  • Wooded Lot

About This Lot

As of February 2018

1.65 acres,zoned for office related/small business use. Utilities at street. Great location close to old Cloverleaf Mall site/new Kroger site.

Last Agent to Sell the Property

Richard Harrison

Napier REALTORS ERA License #0225178096 Listed on: 09/22/2017

Last Buyer's Agent

Ravi Gutta

Robinhood Real Estate & Mortgage License #0225231417

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $466

Lot Details

  • 1.65 Acre Lot
  • Wooded Lot

Schools

  • A. M. Davis Elementary School
  • Providence Middle School
  • James River High School

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 761-705-74-27-00000

Property Details

Property Type

Land

Est. Annual Taxes

$466

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.65
  • Ownership: Individuals
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Office, Service Business, Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Wooded
  • Waterfront: No
  • Disclosures: Disclosure on File

Utilities

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

Schools

  • Middle Or Junior School: Providence

Lot Info

  • Parcel Number: 761-705-74-27-00000
  • Wooded Area: 1.65
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 466.0

MLS Schools

  • Elementary School: A. M. Davis
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Nareddy Surender and Bandlapalli Seshikanth Reddy
Bought by
Invesva Llc
Total Days on Market
109
Current Estimated Value
$49,820

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 29, 2018
Sold by
Varela Reina and Hernandez Maria
Bought by
Nareddy Surender and Chintagunta Srinivas Reddy
Seller's Agent
Richard Harrison
Napier REALTORS ERA
Buyer's Agent
Ravi Gutta
Robinhood Real Estate & Mortgage
List Price
$38,000
Sold Price
$28,000
Premium/Discount to List
-$10,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Jul 22, 2015
Closed on
Dec 18, 2015
Sold by
Spiller Guy W
Bought by
Varela Reina and Hernandez Maria
Seller's Agent
Tim Konvicka
Napier REALTORS ERA
Buyer's Agent
Richard Harrison
Napier REALTORS ERA
List Price
$50,000
Sold Price
$41,500
Premium/Discount to List
-$8,500
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.94%
Original Mortgage
$28,700
Interest Rate
4.02%
Mortgage Type
Commercial
Source: Public Records

Similar Property in the area

  • 6201 Derwent Rd, Richmond, VA 23225

    $50,000

    • Land
    • 1.67 Acres
    • $29,940 per Acre
    • 6201 Derwent Rd
    • Richmond, VA

    House on Lot is not for sale. Buyer Due Dilligence required. No survey available. Only Lot 3 for sale.

    Sheila Payne Fathom Realty Virginia

    Section Image

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
Invesva Llc -- None Listed On Document
Nareddy Surender $28,000 Piedmont Title & Escrow Llc
Varela Reina $41,500 Day Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Reina $28,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $28,000 -26.3% --
01/09/2018 01/09/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $38,000 -8.4% --
02/12/2016 02/12/16 Sold $41,500 -17.0% --
11/17/2015 11/17/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $50,000 -- --
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
2024 $328 $36,900 $36,900 $0
2023 $336 $36,900 $36,900 $0
2022 $455 $49,500 $49,500 $0
2021 $470 $49,500 $49,500 $0
2020 $470 $49,500 $49,500 $0
2019 $461 $48,500 $48,500 $0
2018 $461 $48,500 $48,500 $0
2017 $466 $48,500 $48,500 $0
2016 $466 $48,500 $48,500 $0
2015 $466 $48,500 $48,500 $0
2014 $466 $48,500 $48,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1734337

Central Virginia Regional MLS

APN: 761-70-57-42-700-000