NOT LISTED FOR SALE

Estimated Value: $1,421,227 - $1,609,000

1.98 Acres
$752,174 Price per Acre
86,292 Sq Ft Lot

Last Sold November 12, 2014

Last sale price $196,250

Est. 659% increase in value since last sale

Current estimated payment $9,264/month

153 Days on Market

Highlights

  • Gated Community
  • Wetlands on Lot
  • Controlled Access
  • James River High School Rated A-
  • Cul-De-Sac

About This Lot

As of November 2014

This lot is simply drop-dead gorgeous! Almost 2 acres of beautifully preserved woodlands with a seasonal view of Lake Reed! The homesite, which sits on a fantastic knoll, sits back into the property affording incredible privacy! The views also include meandering streams and marshland. Follow the path across the temporarily constructed footbridge to the homesite. . .then follow your way down across the other footbridge to see the rest of the property. It's ready for you to bring your own builder! Perked for a 4 bedroom! All studies by Balzer and Chesterfield County are available for your review. Truly this is an unbelievable opportunity in Reed's Landing to create your own private oasis! All plans are subject to review by Reed's Landing Architectural Review Board.

Last Agent to Sell the Property

Karen Berkness

The Steele Group License #0225042448 Listed on: 04/11/2014

The Steele Group

Last Buyer's Agent

Jenny Kramer

Samson Properties License #0225209171

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,840

Lot Details

  • 1.98 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Zoning described as R40 - ONE FAMILY RES

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Robious Elementary And Middle School
  • James River High School

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 739-724-33-62-00000

Community Details

Overview

  • Reeds Landing Subdivision

Amenities

  • Common Area

Security

  • Controlled Access
  • Gated Community

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,840

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.981
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: Reeds Landing
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable, Cul-De-Sac, Undeveloped, Wetlands

Utilities

  • Sewer: None
  • Water Source: Not Connected (nearby), Public
  • Security: Controlled Access, Gated Community
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Gated, Home Owners Association
  • Amenities: Management
  • Association Fee: 247.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Snow Removal, Security

Schools

  • Middle Or Junior School: Robious

Lot Info

  • Parcel Number: 739-724-33-62-00000
  • Zoning Description: R40 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1840.15
  • Tax Lot: 001

MLS Schools

  • Elementary School: Robious
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Nov 4, 2014
Sold by
Nelson Richard A
Bought by
Nelson Garrett S
Seller's Agent
Karen Berkness
The Steele Group
Buyer's Agent
Jenny Kramer
Samson Properties
List Price
$219,500
Sold Price
$196,250
Premium/Discount to List
-$23,250
-10.59%
Current Estimated Value
$1,490,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,293,807
Avg. Annual Appreciation
21.01%
Original Mortgage
$150,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1998
Sold by
Un-Ltd Holdings Inc
Bought by
Nelson Richard A and Nelson Judy D
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
Nelson Garrett S $196,250 --
Nelson Richard A $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Garrett S $600,000
Closed Nelson Garrett S $765,000
Closed Nelson Garrett S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2014 11/12/14 Sold $196,250 -10.6% --
09/11/2014 09/11/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $219,500 -- --
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 $10,939 $1,226,300 $308,500 $917,800
2024 $10,939 $1,110,500 $294,500 $816,000
2023 $10,020 $1,016,800 $241,300 $775,500
2022 $9,041 $982,700 $227,300 $755,400
2021 $8,694 $908,200 $195,500 $712,700
2020 $8,539 $898,800 $195,500 $703,300
2019 $8,539 $898,800 $195,500 $703,300
2018 $8,539 $898,800 $195,500 $703,300
2017 $8,533 $888,900 $203,300 $685,600
2016 $1,952 $203,300 $203,300 $0
2015 $1,756 $182,900 $182,900 $0
2014 $1,733 $180,500 $180,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1410021

Central Virginia Regional MLS

APN: 739-72-43-36-200-000