NOT LISTED FOR SALE

33321 Constitution Hwy Locust Grove, VA 22508

Estimated Value: $492,000 - $620,812

3 Beds
2 Baths
1,767 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $120,000 $68 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $3,172/month

555 Days on Market

Highlights

  • Guest House
  • Colonial Architecture
  • No HOA
  • 21.91 Acre Lot
  • 1 Fireplace
  • Den

About This Home

As of February 2012

Bank owned property on Constitution Highway, Locust Grove which has a main house and guest house on a 20+ parcel. The main house and guest house are in rough shape. Does not qualify for FHA203K due to lot size; THE BANK SAYS BRING ME A REASONABLE OFFER! Property is more in line with potential new home construction potential. SOLD AS IS!

Last Agent to Sell the Property

Joy Basher Downey

(703) 615-8985 joybasherdowney.realtor@gmail.com Samson Properties Listed on: 07/26/2010

Samson Properties

Last Buyer's Agent

Gayle Harvey

(434) 960-1366 gayle@centralvafarms.com Gayle Harvey Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1880

Lot Details

  • 21.91 Acre Lot
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,767 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Den

Kitchen

  • Kitchenette
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ranno Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 000006149

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1880
  • Building Winterized: Yes
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Stove
  • Interior Amenities: Kitchenette, Window Treatments
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Den
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1767
  • Living Area Sq Ft: 1767
  • Price Per Sq Ft: 92.25
  • Above Grade Finished Sq Ft: 1767
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Guest House
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 21.91
  • Lot Size Area: 954400
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 954400.00
  • Property Condition: Below Average
  • Zoning: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2017.24
  • Assessor Parcel Number: 000006149
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Alpha Investment Group Llc
Bought by
Constitution Farms Llc
Current Estimated Value
$556,703

Purchase Details

Closed on
Mar 26, 2020
Sold by
33321 Constitution Highway Llc
Bought by
Alpha Investment Group Llc

Purchase Details

Listed on
Jul 26, 2010
Closed on
Feb 9, 2012
Sold by
Branch Banking & Trust Company
Bought by
33321 Constitution Highway Llc
Seller's Agent
Joy Basher Downey
Samson Properties
Buyer's Agent
Gayle Harvey
Gayle Harvey Real Estate Inc
List Price
$419,900
Sold Price
$120,000
Premium/Discount to List
-$299,900
-71.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$90,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2010
Sold by
Copeland Donald C and Copeland Drema A
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jan 3, 2007
Sold by
Reid Louis R and Hammer Ewa Reid
Bought by
Copeland Donald C and Copeland Drema A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Constitution Farms Llc -- None Available
Alpha Investment Group Llc $470,000 Fidelity National Title
33321 Constitution Highway Llc $120,000 Fidelity Natl Title Ins Co
Branch Banking & Trust Company $340,000 None Available
Copeland Donald C $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 33321 Constitution Highway Llc $90,000
Previous Owner Copeland Donald C $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $120,000 -26.4% $68 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
10/12/2011 10/12/11 Price Changed $163,000 -7.3% $92 / Sq Ft
05/04/2011 05/04/11 Price Changed $175,900 -12.1% $100 / Sq Ft
04/12/2011 04/12/11 Price Changed $200,000 -19.8% $113 / Sq Ft
12/29/2010 12/29/10 Price Changed $249,500 -12.6% $141 / Sq Ft
11/01/2010 11/01/10 Price Changed $285,500 -18.4% $162 / Sq Ft
09/22/2010 09/22/10 Price Changed $349,665 -16.7% $198 / Sq Ft
07/26/2010 07/26/10 For Sale $419,900 -- $238 / 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 $2,784 $369,500 $123,600 $245,900
2024 $2,784 $369,500 $123,600 $245,900
2023 $2,784 $369,500 $123,600 $245,900
2022 $2,784 $369,500 $123,600 $245,900
2021 $2,673 $371,200 $123,600 $247,600
2020 $2,575 $357,700 $123,600 $234,100
2019 $2,356 $293,000 $118,600 $174,400
2018 $1,187 $293,000 $118,600 $174,400
2017 $1,187 $147,600 $118,600 $29,000
2016 $1,899 $147,600 $118,600 $29,000
2015 $2,140 $297,200 $196,400 $100,800
2014 $2,140 $297,200 $196,400 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004959190

Bright MLS

APN: 022-00-00-00-0049-A