NOT LISTED FOR SALE

3858 Mill Mount Dr Powhatan, VA 23139

Estimated Value: $834,000 - $1,102,000

12.86 Acres
$74,357 Price per Acre
560,225 Sq Ft Lot

Last Sold May 02, 2014

Last sale price $105,000

Est. 811% increase in value since last sale

Current estimated payment $5,683/month

Highlights

  • Lake Front
  • 12.86 Acre Lot
  • Cul-De-Sac

About This Lot

As of May 2014

Wow - 12 Acre WATERFRONT lot in Westlake! Large cul-de-sac lot with Lake Frontage on the deepest and widest end of the lake. There is a beautiful building site overlooking the water with incredible views! Westlake at Mill Mount is a newer subdivision in Central Powhatan with 103 lots total and a 30 acre lake for all homeowners to use for boating, fishing and swimming. No time limits for building. Bring your own builder or use one of ours. Minimum home size on lakefront lots is 3,000 sq.ft. Other lots available both on and off the lake.

Last Agent to Sell the Property

Nancy Wise

Napier REALTORS ERA License #0225067926 Listed on: 03/01/2014

Co-Listed By

Lummie Jones

Napier REALTORS ERA License #0225025727

Last Buyer's Agent

Erin Williams

Long & Foster REALTORS License #0225178297

Long & Foster REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,344

Lot Details

  • 12.86 Acre Lot
  • Lake Front
  • Cul-De-Sac

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Pocahontas Elementary And Middle School
  • Powhatan High School

Utilities

  • Underground Utilities
  • Well Required

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 33
  • Assessor Parcel Number M0014850

Community Details

Overview

  • Westlake At Mill Mount Subdivision

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$1,344

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 12.861
  • Road Surface Type: Paved
  • Co List Office Mls Id: OLDC01
  • Co List Office Phone: 804-794-4531
  • Ownership: REO
  • Subdivision Name: Westlake at Mill Mount
  • Special Features: 4116

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Cul-De-Sac, Waterfront
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File

Utilities

  • Electric: Underground
  • Sewer: Septic Needed
  • Water Source: Not Connected, Well Needed
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Pocahontas

Lot Info

  • Parcel Number: M0014850
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1343.7
  • Tax Lot: 33

MLS Schools

  • Elementary School: Pocahontas
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
May 5, 2014
Seller's Agent
Nancy Wise
Napier REALTORS ERA
Buyer's Agent
Erin Williams
Long & Foster REALTORS
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%
Current Estimated Value
$956,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,307
Avg. Annual Appreciation
20.66%
Source: Public Records

Range of Values:

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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
-- $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $105,000 -18.6% --
03/26/2014 03/26/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $129,000 -- --
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
2025 $6,455 $860,600 $220,200 $640,400
2024 $5,499 $796,900 $203,900 $593,000
2023 $5,370 $694,400 $212,200 $482,200
2022 $5,347 $694,400 $212,200 $482,200
2021 $5,490 $645,900 $207,200 $438,700
2020 $5,490 $558,700 $201,200 $357,500
2019 $4,917 $558,700 $201,200 $357,500
2018 $4,780 $558,700 $201,200 $357,500
2017 $1,075 $556,500 $201,200 $355,300
2016 $5,009 $397,900 $201,200 $196,700
2014 $1,075 $119,400 $119,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1405201

Central Virginia Regional MLS

APN: 016A-2-33