NOT LISTED FOR SALE

Estimated Value: $301,000 - $382,000

1 Bed
1.5 Baths
758 Sq Ft
$236/mo HOA Fee

Last Sold February 08, 2017

Last sale price $202,500 $267 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,254/month

21 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Wood Flooring
  • Mary Munford Elementary School Rated A-
  • Property is near public transit
  • High Ceiling

About This Home

As of February 2017

Nestled in the heart of the Near West End, Lock Lane is one of the areas most sought after communities! As you walk through the front door you’ll have terrific sunlight highlighting a nice, open living space with hardwood floors. The kitchen offers granite countertops, stainless steel appliances, generous cabinet space, tile floor and a beautiful window over the sink. This home was recently painted with a cozy, modern grey color and the trim work was done too! Lock Lane truly offers it all with its amazing location to restaurants and shopping, a popular pool and grilling area, its welcoming courtyard, onsite fitness facility, endless parking and plenty of wonderful neighbors to welcome you home.

Last Agent to Sell the Property

Ernie Chamberlain

Hometown Realty License #0225218837 Listed on: 12/16/2016

Co-Listed By

Matt Jarreau

Hometown Realty License #0225175691

Last Buyer's Agent

Terry Tyson

RE/MAX Commonwealth License #0225113670

RE/MAX Commonwealth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1930

Lot Details

  • 741

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 758 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area

Kitchen

  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Property is near public transit

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W019-0306-037

Community Details

Overview

  • Lock Lane Condominium Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,644

Year Built

Built in 1930

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1930
  • Lot Size Acres: 0.017
  • Co List Office Mls Id: HORI03
  • Co List Office Phone: 804-747-9933
  • Ownership: Individuals
  • Subdivision Name: Lock Lane Condominium
  • Architectural Style: Low Rise, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooking, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Fan(s), Dining Area, Granite Counters, High Ceilings, Bath in Primary Bedroom, Cable TV
  • Living Area: 758.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: Fenced, In Ground, Outdoor Pool, Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Lighting, Porch
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Home Owners Association, Park, Pool, Public Transportation, Street Lights
  • Amenities: Landscaping, Management
  • Association Fee: 236.15
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W019-0306-037
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1644.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Feb 3, 2017
Sold by
Walsh Robyn L
Bought by
The Barkley Limited Llc A Virginia Limit
Seller's Agent
Ernie Chamberlain
Hometown Realty
Buyer's Agent
Terry Tyson
RE/MAX Commonwealth
List Price
$205,000
Sold Price
$202,500
Premium/Discount to List
-$2,500
-1.22%
Current Estimated Value
$333,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,646
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Mar 26, 2012
Sold by
Walton Thomas H
Bought by
Walsh Robyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Hewitt Associates Llc
Bought by
Walton Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2008
Sold by
Dickinson Laura K
Bought by
Hewitt Asoc Llc

Purchase Details

Closed on
Apr 17, 2007
Sold by
Locke Lane Assocs
Bought by
Dickinson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,360
Interest Rate
6.48%
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
The Barkley Limited Llc A Virginia Limit $202,500 Attorney
Walsh Robyn L $189,900 --
Walton Thomas H $180,000 --
Hewitt Asoc Llc $237,500 --
Dickinson Laura $191,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Robyn L $151,920
Previous Owner Walton Thomas H $171,000
Previous Owner Dickinson Laura $153,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2017 02/08/17 Sold $202,500 -1.2% $267 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $205,000 -- $270 / 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 $3,264 $272,000 $55,000 $217,000
2024 $3,264 $272,000 $55,000 $217,000
2023 $2,964 $247,000 $55,000 $192,000
2022 $2,676 $223,000 $55,000 $168,000
2021 $2,544 $223,000 $55,000 $168,000
2020 $2,280 $212,000 $45,000 $167,000
2019 $2,028 $202,000 $45,000 $157,000
2018 $1,848 $198,000 $45,000 $153,000
2017 $2,304 $192,000 $45,000 $147,000
2016 $1,644 $192,000 $45,000 $147,000
2015 $1,716 $192,000 $45,000 $147,000
2014 $1,716 $198,000 $45,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1640088

Central Virginia Regional MLS

APN: W019-0306-037